Amount$875M
Post-money valuation$11B
SeriesSeries E
AnnouncedSep 22, 2025
SectorWearable Technology
Sub-sectorMachine Learning
RegionFinland
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far above the typical Series E round (7.5× the median) — an outlier.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series E rounds (478)
Round size distribution94th pct
smaller Series E roundslarger
Post-money valuation93th pct
$103Mthis round: $11B$10.2B
