Oura Partners with Dexcom to Enhance Blood Sugar Monitoring with Smart Rings

TL;DR Summary
Oura, the smart ring maker, has secured a $75 million investment from glucose monitoring device firm Dexcom, raising its valuation to over $5 billion. This partnership will integrate Oura's rings with Dexcom's glucose monitoring technology, allowing users to track blood sugar levels and make informed health decisions. The first app integration is expected by mid-2025. Oura, which has sold 2.5 million rings, anticipates doubling its sales in 2024. This collaboration positions Oura and Dexcom against competitors like Apple, which is also exploring noninvasive glucose monitoring solutions.
- Oura valued at $5B following deal with medical device firm Dexcom TechCrunch
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- Dexcom and ŌURA Announce Strategic Partnership Dexcom Investor Relations
- Oura Rings Will Soon Work With Dexcom to Connect the Dots Between Activity, Food and Blood Sugar CNET
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