SoftBank doubled down on the wearable performance gadget developer in a round that gave it a $3.6bn valuation.

Whoop, the US-based maker of a wearable fitness tracker, received $200m yesterday in a series F led by telecommunications and internet group SoftBank’s Vision Fund 2.

Venture capital firms IVP, Thursday Ventures, Accomplice, Animal Capital and NextView Ventures also featured in the round, as did investment and advisory firm GP Bullhound.

Founded in 2011, Whoop has developed a wearable device that monitors a user’s activity, sleep and recovery along with health indicators like heartbeat and respiratory rate. It also offers…

Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.