Cradlewise raises $12M Series A for its AI-powered smart cribs

What's the deal? Cradlewise, a Silicon Valley-based startup that makes smart cribs for babies, has raised $12 million in a Series A round. 3one4 CapitalDealroom has a profile for this one. Try Dealroom → and Prudent Investment Management co-led the round.

What's the endgame? Founded in 2017 by wife-husband duo Radhika and Bharath Patil, Cradlewise builds AI-powered smart cribs with an integrated baby monitor. The system learns a baby's sleep patterns and automatically soothes infants before they fully wake up.

The signal: The round sits in the 34th percentile by size, a modest raise that reflects steady, rather than headline-grabbing, backing for connected consumer hardware in the parenting space.

Read more: economictimes.indiatimes.com

Image credit: Cradlewise Inc.