Ultrahuman raises $70M with Qualcomm backing to develop next-gen smart ring

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Wearable health tech startup Ultrahuman has secured $70 million in a new funding round, with chipmaker Qualcomm among its key backers. The investment signals confidence in Ultrahuman's vision of transforming smart rings into more capable, computer-like devices. The company plans to leverage Qualcomm's chip technology to power its next generation of smart rings. Ultrahuman has set an ambitious target of reaching a $200 million annual revenue run rate by January 2027.

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