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Abbott joins $575M funding round for wearable maker Whoop
Abbott (NYSE:ABT) has become a strategic investor in Whoop, participating in its $575 million Series G funding round, which values the wearable health-tracking company at $10.1 billion. Whoop, known for its wrist-worn health trackers and intelligent health platform, plans to use the funds for accelerated development of its platform and international expansion. This investment highlights a shared commitment to empowering individuals with continuous biometric data for proactive health management, potentially mirroring the successful integration seen between Dexcom and Oura.