Horizon Group raises $12.5 M from Singapore’s Vertex Ventures SE Asia & India
Bangkok-based consumer wellness company Horizon Group, which owns the Lunio sleep brand, has raised $12.5 million in a Series A funding round from Singapore-based Vertex Ventures Southeast Asia & India, the sole investor in the round.
Vertex Ventures said in a statement on Thursday that Horizon will use the funds to accelerate product development, expand Lunio’s offerings beyond sleep into ergonomics, recovery and beauty, and strengthen its presence across the Asia-Pacific region.
Horizon currently operates in Thailand, Taiwan, Vietnam and Malaysia. Launched in 2017, Lunio has evolved from a sleep-focused brand into a broader wellness technology platform. Its social media and marketplace channels across Thailand and Taiwan have a combined following of more than 4.3 million.
Horizon founder and CEO Robert Fong said the company’s ambition extends beyond sleep. It aims to build a science-backed wellness technology ecosystem for the Asia-Pacific region, helping people feel, move and look better every day. Having established its foundation in sleep, Lunio is now applying the same approach to recovery and beauty.
Puiyan Leung, partner at Vertex Ventures Southeast Asia & India, said Lunio has emerged as the leading direct-to-consumer sleep provider in Thailand and Taiwan, with a clear opportunity to expand regionally. She added that the health and wellness market is witnessing rapid growth as consumers increasingly look for ways to adopt healthier lifestyles at home.
Lunio develops its products internally through Lunio Labs, combining expertise in sleep science, material science and ergonomics. Its products are positioned as alternatives to premium international brands. The portfolio includes mattresses, adjustable beds and cooling bedding, with plans to expand into ergonomic furniture, recovery and massage devices, as well as beauty technology products such as facial devices and LED therapy.
