VC Fund Investments
Fitness-gauging wearables maker Ultrahuman raises $17.5 M from Alpha Wave, Nexus, others
Bengaluru-based Ultrahuman, a metabolic fitness platform, has raised USD 17.5 million from Alpha Wave Incubation (or AWI, which is managed by Falcon Edge Capital), Nexus Venture Partners, Blume Ventures, Steadview Capital and Utsav Somani-founded iSeed fund. Angel investors who participated, included Tiger Global's Scott Schleifer, Sandeep Singhal, Kunal Shah, Sujeet Kumar, Deepinder Goyal, Gunjan Patidar, Gaurav Munjal, Revant Bhate, Mohit Gupta, Vikram Dhingra and Roman Saini. This brings the total funds raised by the startup so far to USD 25 million. It will use the funds for geographical expansion and to improve its biomarker technology. The Ultrahuman Cyborg wearable helps people optimize their exercise and nutrition based on glucose biomarkers. The wearable was launched in June 2021 and is said to have amassed thousands of users in the waitlist. Ultrahuman was started by Mohit Kumar and Vatsal Singhal who were also co-founders at Runnr (that later merged with Zomato).
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