MedTech Dive October 17, 2025
The investment values the smart-ring maker at $11 billion.
Dive Brief:
- Ōura has raised more than $900 million, the smart ring-maker announced Tuesday.
- The funding round, led by Fidelity Management & Research Company, valued Ōura at about $11 billion. Other backers include Whale Rock, Atreides and new investor Iconiq.
- Ōura said it plans to use the funds to expand its global distribution, for AI and product innovation, and to develop new health features.
Dive Insight:
Ōura’s latest fundraise comes as the lines between wellness and medical devices start to blur. The company’s smart rings measure metrics such as temperature, heart rate and sleep. Ōura has not yet taken...
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