Ultrahuman raises $70m comprising $65m equity and $5m debt
Qualcomm Ventures led the financing as Ultrahuman develops sensing, AI and health algorithms across its consumer ecosystem.
Ultrahuman closed $70 million in financing comprising $65 million in primary equity and $5 million in debt. Qualcomm Ventures led the round, with Labcorp, Alpha Wave, Blume Ventures, Nexus Venture Partners and Alteria Capital among participants.
The financing supports product development in sensing, AI, miniaturised electronics, health algorithms, clinical science and research. It is separate from the company's prior $35 million Series B and $17.5 million Series A.
The company combines its Ring wearable with Blood Vision, continuous glucose monitoring, Home sensing and Jade AI. The investment supports development across those physiological, biochemical and environmental data products.
Use of funds
Product development across sensing, AI, miniaturised electronics, health algorithms, clinical science and research