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Qualcomm backs Ultrahuman in $70M round on bet to turn smart rings into computers

Summary by TechCrunch
Ultrahuman is targeting a $200 million annual revenue run rate by January 2027 as it builds a new Qualcomm-powered smart ring.

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Ultrahuman got $70 million with Qualcomm's support to develop rings capable of running software, interacting with AI and expanding its health functions beyond sleep tracking. *** The round raised the Ultrahuman rating to $365 million and included $65 million in capital and $5 million in debt, according to the information cited in the draft. Indian startup works with Qualcomm on a new ring, although it will also bring gaming, AI and external deve…

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TechCrunch broke the news in San Francisco, United States on Thursday, September 3, 2026.
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