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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, 2024over 1 year ago

Amount Raised

$35 Million

Round Type

series b

BengaluruBiotechnologyHealth Care

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.

Company Information

Company

Ultrahuman

Location

Bengaluru, Karnataka, India

About

Ultrahuman is the world's most comprehensive self-quantification platform. Ultrahuman’s products include the Ultrahuman Ring AIR–the world’s lightest sleep-tracking wearable; Ultrahuman M1–a continuous glucose monitoring platform; Ultrahuman Home–a home health device that monitors environmental markers that affect your health every day; and Blood Vision–a preventive blood testing platform with the pioneering UltraTrace™ technology.

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Funding Insights

Based on industry data
VC-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