Nexus-backed Indian wearables startup banks $17.5m in series B funding

Health-centric wearables startup Ultrahuman has raised US$17.5 million in its series B round from investors such as Alpha Wave Incubation (AWI), which is backed by DisruptAD and managed by Falcon Edge.

Steadview Capital, Nexus Venture Partners, Blume Ventures, iSeed fund, and several founders and angel investors such as Tiger Global’s Scott Schleifer and WestBridge Capital’s co-founder and managing director Sandeep Singhal also participated. This brings the startup’s total funding raised to US$25 million.

Photo credit: Ultrahuman

Based in India, Ultrahuman offers both hardware and software that helps users better understand how food and exercise affect their metabolic health. Its Ultrahuman Cyborg wearable, which was launched in June this year, helps people optimize their exercise and nutrition based on glucose biomarkers.

According to Ultrahuman, a single biomarker like glucose can reveal how a particular food item affects the user’s metabolic health by measuring glucose response. This response varies from individual to individual and depends on various factors such as their microbiome diversity and stress levels, as well as the time of day.

“We are seeing a very strong pull for Ultrahuman’s Cyborg platform globally and feel that it will be a foundational approach to personal wellness in the years to come,” added Sameer Brij Verma, managing director at Nexus Venture Partners.

According to Ultrahuman, it currently has thousands of people in the waitlist for Cyborg, with demand growing 60% week over week.