Smart Ring Pioneer Oura Raises $900M, Projects Revenue to Exceed $1B in 2025
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Finnish-American company Oura has raised over $900 million in a new funding round. The round was led by Fidelity Management & Research Company, as the company announced on Tuesday. Investors also include new backer ICONIQ as well as existing investors Whale Rock and Atreides. The funding values Oura at approximately $11 billion. The company intends to use the funds to advance its AI development and product innovations, expand global distribution, and develop new health features. Strong Growth
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