Qualcomm backs Ultrahuman in $70M round to push on-device AI in smart rings

Ultrahuman raised $70M from investors including Qualcomm Ventures, and will develop a new ring with Qualcomm silicon to run software on-device. The company plans software updates by end of September 2026 to bring game controller and AI features to existing rings.

Fundraising

Smart Rings

AI Hardware

Wearables

Ultrahuman raised $70M in a funding round including Qualcomm Ventures, at a $365M valuation.
Qualcomm and Ultrahuman are working together on a ring powered by Qualcomm silicon, enabling on-device software.
Software updates are scheduled for delivery by end of September 2026, enabling game controller and AI interaction features on existing Ring Air and Ring Pro devices.
The company reports an annual revenue run rate of $140M, expects $200M by January 2027, and has sold roughly 800,000 rings.
Ultrahuman may not be profitable this year due to investments in physical expansion, branding, and clinical research.

Sources