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Apple-vet startup Humane raises $241M for unreleased device

Startup Humane, founded by former Apple executives, has secured $241 million in funding without a publicly available product. The company, which aims to improve the human experience with a new "mobile compute device" and software platform, has attracted investment from notable figures like OpenAI's Sam Altman and firms such as Tiger Global and SoftBank. Patents suggest the device may project smartphone functionalities onto a user's hand, and its software will leverage OpenAI models and proprietary machine learning. AI

Summary written by gemini-2.5-flash-lite from 1 source. How we write summaries →

IMPACT Demonstrates substantial investor appetite for AI-focused hardware startups, even pre-product.

RANK_REASON Startup receives significant funding without a product, indicating investor confidence in the team and vision. [lever_c_demoted from significant: ic=1 ai=0.7]

Read on Fortune →

Apple-vet startup Humane raises $241M for unreleased device

COVERAGE [1]

  1. Fortune TIER_1 · Jessica Mathews ·

    Founded by Apple vets, startup Humane has raised $241 million without a single customer

    Two ex-Apple execs have a strong roster of investors—and five years of mystery around what they’re building.