UK-based mattress producer Eve Sleep raised £35m ($45.3m) on Monday in an initial public offering that gave an exit to media company Channel 4, Business Insider has reported.
Eve Sleep supplies high-grade foam mattresses, pillows, duvets and sheets through an online platform. It generated about £12m of revenue in 2016, up from £2.6m the year before, and made an EBITDA (earnings before interest, taxes, depreciation and amortisation) loss of £11.3m.
The company had raised more than $22m in venture capital…
