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Belun Technology
Belun Technology makes a wearable device for monitoring users' health while sleeping
About Belun Technology
Belun Technology, established in Hong Kong in 2016, operates in the medical device and health technology sectors, focusing on sleep health. The company was founded by a team of medical-device researchers, with Lydia Leung serving as the CEO. Dr. Leung holds an MPhil and PhD in Electrical and Electronic Engineering and previously worked at the Hong Kong Applied Science and Technology Research Institute (ASTRI) for 11 years, specializing in converting research into commercial products. Her motivation to co-found Belun stemmed from recognizing the high number of undiagnosed cases of Obstructive Sleep Apnea (OSA) and its link to chronic diseases like hypertension and cardiovascular issues.
The company's core offering is the Belun Sleep System, which features the Belun Ring, a medical-grade wearable device designed for home use. The system targets medical and healthcare professionals, providing a convenient and accurate method for screening and diagnosing sleep disorders. A key milestone was achieved in February 2023, when the Belun Sleep System received 510(k) clearance from the U.S. Food and Drug Administration (FDA), making it the first wearable ring with AI cleared for OSA diagnosis. The business model involves selling the Belun Ring at a low initial cost, supplemented by a required monthly subscription for each device which provides access to the AI-powered analysis and reporting platform.
The Belun Ring is worn on the finger during sleep and monitors several physiological parameters, including blood oxygen saturation (SpO2), pulse rate, and motion. This data is then analyzed by the company's proprietary AI algorithms on a cloud-based platform to generate a detailed sleep health report, which estimates the apnea-hypopnea index (AHI) and sleep stages. This approach provides a more comfortable and accessible alternative to traditional, in-lab polysomnography tests. Beyond sleep apnea diagnosis, the company has developed the Belun remoVital system for real-time remote monitoring of vital signs. Belun has established a global presence, deploying its system in multiple countries, including the US and across Asia, and has formed partnerships with global sleep labs and universities to advance research.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2016
- Headquarters
- Hong Kong
- Employees
- 22
- Open positions
- None listed
- Dealroom signal
- 54.9/100
- Industry
- Health, Kids
- Sub-industry
- Medical Devices
- Sector
- Health Tech & Medtech, Monitoring, Packaging and Containers, Wearable, DT and LS, science-based
- Technology
- Hardware, Deep Tech, Connected Device, IoT InternetOfThings
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | May 2024 | $13M | $52M | IHH Healthcare · Gravity Capital Partners | ↗ |
Growth signals
Latest recorded traffic for Belun Technology is 5.2K monthly website visits, up 30% over the last three months. Belun Technology's team grew 0% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
IHH Healthcare
Gravity Capital Partners
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Belun Technology on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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