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