Gulf Capital Bets on Wearable Wellness as WHOOP Lands Billion-Dollar Backing
A fresh wave of Middle Eastern capital is flowing into the fast-growing wearable health space, with sovereign investors doubling down on technology aimed at extending human longevity. Investment heavyweights Mubadala Investment Company and Qatar Investment Authority have joined a major funding round for U.S. health-device maker WHOOP, pushing the firm’s valuation to about $10.1 billion. …
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