Qualcomm is leading a $70 million funding round in Ultrahuman, a smart ring company, aiming to transform the device into a more powerful personal computing tool. The funds will be used to develop new rings powered by Qualcomm chips, with a target of $200 million in annualized revenue by January 2027.
Qualcomm is leading a $70 million funding round in Ultrahuman, a company focused on smart rings, with the goal of turning the wearable into a full-fledged personal computing device. Ultrahuman plans to use the new capital to develop next-generation smart rings based on Qualcomm chips, and has set a target of achieving $200 million in annualized revenue by January 2027.
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