Ultrahuman raises $35m in a Series B funding round led by venture capital firms Blume Ventures, Steadview Capital, Nexus Venture Partners, Alpha Wave, and Zomato founder Deepinder Goyal to accelerate growth and research in health monitoring space.
Mar 19, 2024•over 1 year ago
Amount Raised
$35 Million
Round Type
series b
Investors
Deepinder GoyalAlpha WaveNexus Venture PartnersSteadview CapitalBlume Ventures
Description
Ultrahuman has announced a $35 million equity and debt investment in a Series B funding round, with participation from various venture capital firms and individuals. The funds will be used to enhance manufacturing capacity and advance research in health tracking technology.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech