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CUDIS Raises $5M Led by Draper Associates to Develop AI-Powered Wellness Ring, Competes with Oura Ring
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Draper Associates Leads $5M Seed Round for CUDIS' AI Wellness Ring on Solana Blockchain
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CUDIS, a wellness technology firm, has successfully raised $5 million in seed funding led by Draper Associates. The funding will be used to develop a blockchain-based, AI-powered wellness ring, which aims to revolutionize the market for wellness wearables, consumer AI, and lifestyle rewards. The ring, which is launched on the Solana platform, is positioned to compete with established products like the Oura Ring.