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Ōura Raises $200 Million, Valuation Reaches $5.2 Billion
Image Credits: The image is sourced from https://techcrunch.com
2 years ago

Ōura Raises $200 Million, Valuation Reaches $5.2 Billion

Global

News Summary

Ōura, a Finland-based smart ring startup, has successfully raised $200 million in a Series D funding round, elevating its valuation to $5.2 billion. The funding was led by Fidelity Management & Research Company and Dexcom, a leader in glucose biosensing. The investment highlights the confidence in Ōura’s leadership in the smart ring category and its potential to transform personal health wearables. This significant infusion of capital will be used to drive AI innovation and support the company’s global expansion efforts.

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Smart ring start-up Ōura raises $200mn as valuation leaps to $5.2bn

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Oura Raises $200 Million, Valuation Reaches $5.2 Billion

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Oura closes $200M round, bringing its valuation to $5.2B

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