Oura raises EUR 26 million Series B financing

Avance advises Oura Health Oy, a Finnish company producing and developing sleep and recovery tracking smart rings, in the Series B financing round of EUR 26 million. Oura has sold over 150,000 smart rings globally.

The investors of the financing round include Forerunner Ventures, a California based venture capital investor focusing on consumer products, Google affiliated Gradient Ventures as well as Square, which is led by Jack Dorsey, CEO of Twitter.