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]()
jinyang
Stealth
10 days ago
Huge man, big big stuff with SVF putting in money after a long India hiatus
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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.
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/