Hyperfine Research Inc. announced that it has received $90 million in funding from GV, Nextrans, Colle Capital Partners, Altium Capital Management LP, Axiom Associates Limited, Huami Corporation and another investor
February 02, 2021
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On February 3, 2021, Hyperfine Research Inc. closed the transaction. The company received $89,225,001 in its final tranche brining the total raised to $90,000,000 in the transaction. The transaction includes participation from GV, Nextrans, Colle Capital Partners, Altium Capital Management LP, Axiom Associates Limited, Huami Corporation (NYSE:HMI) for $5,000,000 and LSS. The round was over subscribed.
Huami Corp is engaged in developing smart wearable technology. The Company designs and develops biometric and activity data-driven fitness and smart watches. The Company markets its products under the brand name, Amazfit and is the sole partner for Xiaomi wearable products. The Amazfit range of products includes Amazfit BIP, Amazfit pace, Amazfit equator, Amazfit ARC, and accessories, such as sports bands, watch straps, ear buds, charging units, and core trackers. The smart watches provides features that include activity tracking, sleep tracking, smart notifications from mobile devices, GPS, heart rate sensing, water resistance, wireless syncing with mobile phones. It also provides a mobile application to keep track of the fitness information, set alarms and receive call notifications on the smart watch. The Company is the sole partner of Xiaomi wearables, including the Mi band series.
Hyperfine Research Inc. announced that it has received $90 million in funding from GV, Nextrans, Colle Capital Partners, Altium Capital Management LP, Axiom Associates Limited, Huami Corporation and another investor
ZEPP HEALTH CORPORATION 
