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Showing posts with label smart apparel. Show all posts
Showing posts with label smart apparel. Show all posts

June 20, 2016

10 wearable start ups with highest vc funding sitting on the biggest cash pile

The first quarter of 2016 saw $1.4 billion in venture capital funding and the most merger and acquisitions transactions in a single quarter to date. The biggest VC investment in 2016 , has been so far   on  Healthcare wearables and technology vertical .According to  Mercom capital   the first 6 months  in 2016  has seen  VC's  landing up with war chests  of $260million  to lap up   the most promising investments across wearables technology

The growth of wearables  started gaining traction since 2009  as funding to wearables startups surpassed $2.2B across the past five years, accrued over 195 deals.

" top 10 biggest wearable brands with highest VC funding"

Jawbone, at $614M raised, is the most well-funded private wearables company. amongAmong i (Jawbone took on $300M in debt financing in April 2015).Andreessen Horowitz, Atomico Black Rock, Deutsche Telekom Strategic Investments ,Firsthand Technology Value Fund   are among  those who have invested in jawbone



The most active VC   money that has been chasing the wearables sector   happens to  be  Andreessen Horowitz and Khosla Ventures.Among the biggest VC funding  across wearable technology  was  last years  $542M Series B raised by Magic Leap, Florida-based developer of head-mounted augmented reality displays. Magic Leap raised capital in that round from a wide range of investors including smart money VCs Andreessen Horowitz and Kleiner Perkins Caufield & Byers.

VC interest in this sector  has been across 4 areas 
1)  Health and fitness bands:
2)Smart Watches and jewelry:
3)Smart apparel: OMsignal (smart workout apparel).
4)medical devices( mistfit wearables)