Steadview Capital-Backed Ultrahuman Lands In Legal Soup Over Patent, Copyright Infringement

Share via:


SUMMARY

Oura has alleged that Ultrahuman has copied the former’s technology rather than innovating and developing its own products or features

Ultrahuman’s efforts to copy have extended to hiring former Oura employees and soliciting current Oura engineers, among other things, the Finnish fitness startup alleged in the lawsuit

Oura also alleged that the selected material used for the Ultrahuman Ring is the same as the Oura Ring

Bengaluru-based fitness and healthtech platform Ultrahuman has been sued by Finnish health wearable startup Oura for alleged patents and copyright infringements.

In a lawsuit filed in a district court in Texas in September this year, Oura alleged that Ultrahuman copied the former’s technology rather than innovating and developing its own products or features. 

“Ultrahuman’s efforts to copy Oura do not stop at infringement, but have extended to hiring former Oura employees, soliciting current Oura engineers, and potentially benefiting from some of its primary investors gaining access to Oura’s proprietary and confidential information before the launch of the Ultrahuman Ring,” the lawsuit alleged.

Founded in 2019 by Mohit Kumar and Vatsal Singhal, Ultrahuman develops various health tracking and monitoring devices, including fitness rings. In June this year, it launched a new version of its fitness wearable, the Ultrahuman Ring Air, for better sleep tracking, heart rate and body temperature monitoring, among other things.

Ultrahuman has also built a subscription-based fitness platform for better monitoring of the data the devices collect while also offering a range of workout content.

In August 2021, the startup raised $17.5 Mn in a Series B funding round from the likes of Steadview Capital, Alpha Wave Incubation, Nexus Venture Partners, Blume Ventures, and Utsav Somani’s iSeed fund. 

Founded in 2013, Finland-based Oura is one of the major names in developing smart rings.

Oura said in its lawsuit that the Ultrahuman Ring was intended to be an imitation of the Oura Ring in appearance, structure, and functionalities, and the similarities are not a mere coincidence.

“While Ultrahuman presents as an innovative startup, upon information and belief, Ultrahuman is funded in part by a sovereign wealth fund, supported by an investor who gained access to confidential and proprietary information on the Oura Ring in or around December of 2021,” Oura has alleged.

The Finnish fitness startup also claimed that the selected material used for the Ultrahuman Ring is the same as the Oura Ring, which includes durable titanium with non-allergenic and non-metallic inner moulding. This gave the Ultrahuman Ring an identical look and feel to the Oura Ring. 

It is pertinent to note that in the app-based fitness segment, Ultrahuman also competes with Indian startups like Delhi NCR-based Zivov and Bengaluru-based HealthifyMe.





Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Steadview Capital-Backed Ultrahuman Lands In Legal Soup Over Patent, Copyright Infringement


SUMMARY

Oura has alleged that Ultrahuman has copied the former’s technology rather than innovating and developing its own products or features

Ultrahuman’s efforts to copy have extended to hiring former Oura employees and soliciting current Oura engineers, among other things, the Finnish fitness startup alleged in the lawsuit

Oura also alleged that the selected material used for the Ultrahuman Ring is the same as the Oura Ring

Bengaluru-based fitness and healthtech platform Ultrahuman has been sued by Finnish health wearable startup Oura for alleged patents and copyright infringements.

In a lawsuit filed in a district court in Texas in September this year, Oura alleged that Ultrahuman copied the former’s technology rather than innovating and developing its own products or features. 

“Ultrahuman’s efforts to copy Oura do not stop at infringement, but have extended to hiring former Oura employees, soliciting current Oura engineers, and potentially benefiting from some of its primary investors gaining access to Oura’s proprietary and confidential information before the launch of the Ultrahuman Ring,” the lawsuit alleged.

Founded in 2019 by Mohit Kumar and Vatsal Singhal, Ultrahuman develops various health tracking and monitoring devices, including fitness rings. In June this year, it launched a new version of its fitness wearable, the Ultrahuman Ring Air, for better sleep tracking, heart rate and body temperature monitoring, among other things.

Ultrahuman has also built a subscription-based fitness platform for better monitoring of the data the devices collect while also offering a range of workout content.

In August 2021, the startup raised $17.5 Mn in a Series B funding round from the likes of Steadview Capital, Alpha Wave Incubation, Nexus Venture Partners, Blume Ventures, and Utsav Somani’s iSeed fund. 

Founded in 2013, Finland-based Oura is one of the major names in developing smart rings.

Oura said in its lawsuit that the Ultrahuman Ring was intended to be an imitation of the Oura Ring in appearance, structure, and functionalities, and the similarities are not a mere coincidence.

“While Ultrahuman presents as an innovative startup, upon information and belief, Ultrahuman is funded in part by a sovereign wealth fund, supported by an investor who gained access to confidential and proprietary information on the Oura Ring in or around December of 2021,” Oura has alleged.

The Finnish fitness startup also claimed that the selected material used for the Ultrahuman Ring is the same as the Oura Ring, which includes durable titanium with non-allergenic and non-metallic inner moulding. This gave the Ultrahuman Ring an identical look and feel to the Oura Ring. 

It is pertinent to note that in the app-based fitness segment, Ultrahuman also competes with Indian startups like Delhi NCR-based Zivov and Bengaluru-based HealthifyMe.





Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Repay TV cost back to customer, consumer forum in...

The district consumer disputes redressal commission in Sivaganga recently...

How ECOWRAP Is Using AI For Sustainable Waste Segregation

As India has surpassed China to become the...

LTTS: LTTS wins project to build US state Colorado’s...

Mid-sized Indian IT services company L&T Technology Services...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!