US wearable technology company Whoop is set to open its first overseas research lab in Doha later this year after securing $575 million in funding from a group of international investors led by Abu Dhabi and Qatar sovereign funds.
The Series G round, led by Abu Dhabi’s sovereign fund Mubadala Investment Company, 2PointZero Group and the Qatar Investment Authority, values the Boston-based company at $10.1 billion, Whoop said in a statement on Tuesday.
Health tech company Abbott and investment firms Accomplice, B-Flexion, Bullhound Capital, Foundry, Glade Brook and IVP also participated in the financing deal.
Individual investors in the funding round include footballers Cristiano Ronaldo and Virgil van Dijk; NBA stars LeBron James and Reggie Miller; golfers Rory McIlroy and Shane Lowry; Irish singer Niall Horan and influencer Karen Wazen.
Focus on Gulf
Whoop said it will use the funding to boost its international expansion, focused on the Gulf, Asia, Europe and Latin America. Both the UAE and Qatar will be the focus of a series of initiatives being planned to boost adoption of wearable technology, the company said.
The Gulf, in particular, is a priority as the company plans to open Whoop Labs in the Qatari capital, which would be its first outside US headquarters in the US, underscoring the potential of the region’s fast-expanding market. More
By Alvin R Cabral
March 31, 2026 The National
