Ultrahuman Eyes $40 Million Investment Led by SoftBank
- Ultrahuman is in talks to raise $30-40 million, potentially led by SoftBank Vision Fund. - The funds will be used to expand product range, manufacturing, and international operations. - The company seeks a $300-million valuation, driven by its AI-based software. - SoftBank has issued a term sheet, marking its first new investment in over two years. - Ultrahuman previously raised $35 million in March, with significant backing from Zomato founder Deepinder Goyal. Source: [The Arc](https://thearcweb.com/article/ultrahuman-mohit-kumar-softbank-wearables-deepinder-goyal-Nz85Jm6pRu0M2Q4P)
jinyang
Stealth
14 days ago
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by AlphaGrindset
Series A Startup
Ultrahuman raises $35Mn. Any check on how they're actually doing? Seems it's Debt & Equity, not sure how much debt.
Just confused cuz I don't see many people talking about it anymore
Wearable tech startup Ultrahuman has raised $35 million in a mix of debt and equity in its Series B round from Blume Ventures and others
https://entrackr.com/2024/03/ultrahuman-raises-35-mn-in-series-b-round/