Qualcomm backs Ultrahuman in $70M round on bet to turn smart rings into computers
News Source
β’Thu, 03 Sep 2026 17:00:00 +0000
π° What Happened
Ultrahuman, an Indian smart-ring startup, raised 70 million dollars at a 365 million dollar value. Qualcomm's venture arm and Labcorp joined the round. The company wants to turn rings from trackers into small computers that run apps and AI on the device.
It is working with Qualcomm on a new ring using its chips. Founders say programs could one day run on the ring itself, from health apps to games to AI chats.
π The Backstory
Ultrahuman started as a glucose-monitoring startup in 2019 and became famous for smart rings. Its rings track sleep, heart rate and movement, and they sell worldwide.
The company says today's rings are just trackers; it wants the ring to work like a computer. More power on the ring means less reliance on phones and the cloud, but also new privacy questions about what the ring knows.
π― Why It Matters
Smarter wearables could help people track health better and control gadgets around them. But more data on your finger means more questions about who can see it.
Ultrahuman, an Indian smart-ring startup, raised 70 million dollars at a 365 million dollar value. Qualcomm's venture arm and Labcorp joined the round. The company wants to turn rings from trackers into small computers that run apps and AI on the device.
It is working with Qualcomm on a new ring using its chips. Founders say programs could one day run on the ring itself, from health apps to games to AI chats.
Ultrahuman started as a glucose-monitoring startup in 2019 and became famous for smart rings. Its rings track sleep, heart rate and movement, and they sell worldwide.
The company says today's rings are just trackers; it wants the ring to work like a computer. More power on the ring means less reliance on phones and the cloud, but also new privacy questions about what the ring knows.
Smarter wearables could help people track health better and control gadgets around them. But more data on your finger means more questions about who can see it.