Ultrahuman, a health technology startup, has secured $35 million in a financing round that includes both debt and equity.
Blume Ventures, Steadview Capital, and Nexus Venture Partners—previous backers—co-led the round. The financing included participation from several current investors, including Deepinder Goyal, the creator and CEO of Zomato, and Alpha Wave Global.
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The money will go toward expanding research in the field of health tracking and boosting production capability, as reported by The Economic Times.
“This funding round marks a step forward in our journey to dominate the smart rings space, bringing us closer to our goal of being the market leader,” Ultrahuman’s founder and chief executive, Mohit Kumar said.
Ultrahuman’s products include the Ultrahuman Ring AIR, world’s lightest sleep-tracking wearable, Ultrahuman M1, a continuous glucose monitoring platform, and Blood Vision, a preventive blood testing platform with the pioneering UltraTrace™ technology.
About Ultrahuman
Founded by Mohit Kumar and Vatsal Singhal, Ultrahuman is the world’s most comprehensive self-quantification platform.
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