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Fitness ring maker Oura raises $100M It’s been a wild couple of years for Oura. Last year, in particular, proved to be a major driver for the wearable fitness manufacturer. With the pandemic bringing professional sports to a screeching halt in 2020, a number of major leagues have adopted the ring, including the NBA, WNBA, UFC and NASCAR. The company has also been making a major push into health research courtesy of UCSF, which has published peer-review studies around the ring’s temperature monitor. That feature in particular has made it a big draw for the aforementioned leagues, as temper...

ŌURA Health, an Oulu, Finland-based provider of a health tech wearable that provides daily personalized sleep and overall health insights, raised $100m in Series C funding. The round, which brought total funding to $148.3m, was led by The Chernin Group and Elysian Park, the investment arm of the LA Dodgers; Temasek, JAZZ Venture Partners, and Eisai Co., Ltd.; growth investors Bedford Ridge and One Capital, as well as existing investors Forerunner Ventures, Square, MSD Capital, Marc Benioff, Lifeline Ventures, Metaplanet Holdings, and Next Ventures.  The company intends to use the funds to ...

James Telfser's Top Picks: April 20, 2021 Morgan Stanley joins bank bond bonanza with three-part sale John Zechner's Top Picks: April 19, 2021 Tesla’s fiery crash adds to drag on already wobbly EV stocks An ether ETF isn't even launched and already there is a fee war Tech leads stock drop from record; dollar falls Wall Street can’t stop smashing records while pandemic lingers Greg Newman's Top Picks: April 16, 2021 Family offices are targeting 800% returns with SPAC economics Ark Invest's Cathie Wood thinks Shopify could be next Amazon Christine Poole's Top Picks: April 15, 2021 Coo...

Gwyneth Paltrow invests in The Expert, a video marketplace for high-end interior designers The pandemic-induced lockdowns halted many a home decoration project, but the irony was that our homes became even more important. But where to get ideas to decorate? Home décor experts could no longer visit. Now an LA-based startup is addressing this digitization of the interior design market, but kicking off with a typically LA-oriented, high-end clientele. The LA-based The Expert — a platform for video consultations with interior designers — has raised a $3 million seed funding round led by Fore...

Hi there, new and returning readers. This is The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to Point B. Before jump into micromobbin’ and the rest, I wanted to point you to another Extra Crunch piece, this time a deep dive into second-life batteries. As Aria Alamalhodaei reports: The average electric vehicle lithium-ion battery can retain up to 70% of its charging capacity after being removed. The business proposition for second-life batteries is therefore intuitive: Before sending the battery to a recycler, automak...