Smart ring maker Oura raises $900M from Fidelity to boost AI innovation and expand its global health tech reach.
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Oura Raises $900M From Fidelity
Smart Ring Maker Oura Raises $900M From Fidelity Finnish health tech pioneer Oura has secured a massive funding boost as smart ring maker Oura raises $900M from Fidelity Management & Research Company , marking one of the largest investments in wearable technology this year. The round also saw participation from new investor ICONIQ, along with Whale Rock and Atreides. Image Credits:Oura The funding values Oura at around $11 billion , more than double its previous valuation from December. This rapid rise underscores the company’s dominance in the fast-growing smart ring market and investor confidence in its long-term vision. Oura’s $900M Funding: A Leap Toward AI and Health Innovation According to Oura CEO Tom Hale, the new funding reflects both the company’s robust business performance and the growing trust from millions of users worldwide. “We’re proud to be building not just a product, but a global movement toward proactive health,” Hale said, emphasizing Oura’s commitment to helping us…
