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Ultrahuman raises $70M to develop smart rings that run software and AI directly on the device.

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03 Sep 2026
TechCrunch
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Bullish
Ultrahuman raises $70M to develop smart rings that run software and AI directly on the device.

Ultrahuman, an Indian startup known for smart rings, raised $70 million in a funding round led by Qualcomm Ventures and others, valuing the company at $365 million. The startup aims to evolve its rings from simple health trackers to devices capable of running software and AI applications directly on the ring, enhancing functionality beyond health monitoring. Ultrahuman plans to integrate Qualcomm chips for greater computing power and will roll out new software features on existing rings by September, including game control and AI interaction. The company is growing rapidly with $140 million annual revenue run rate and plans to expand in markets like India and the UAE while investing in clinical research and offline sales channels.

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