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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

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by SparklyCupcakeBlume Ventures

I'm Sajith Pai, Partner at Blume Ventures. Ask me anything!

Hi Grapevine,

I'm Sajith, Partner at Blume Ventures, where I oversee consumer and India B2B investments.

I am a long-time media executive turned VC. After a two-decade-...

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Hey Sajith, Great to see you here and very much thanks for doing this. 1. What factors does Blume consider whil...

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Hi Sajith, Blume Ventures is a dream for many. Here's a simple question: How do you know when a portfolio c...

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Hey Sajith, Really great to meet you Your portfolio consists of Edtech startups, but unfortunately we have seen ...