{"id":45705,"date":"2023-10-20T15:45:50","date_gmt":"2023-10-20T15:45:50","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/investor-support-for-wearables-drops-to-five-year-low-startupsmart\/"},"modified":"2023-10-20T15:45:50","modified_gmt":"2023-10-20T15:45:50","slug":"investor-support-for-wearables-drops-to-five-year-low-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/investor-support-for-wearables-drops-to-five-year-low-startupsmart\/","title":{"rendered":"Investor support for wearables drops to five-year low &#8211; StartupSmart"},"content":{"rendered":"<div class=\"td-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"445\" height=\"352\" itemprop=\"image\" class=\"entry-thumb\" src=\"\/wp-content\/uploads\/2015\/10\/l_wearables.jpg\" alt=\"\" title=\"l_wearables\"><\/div>\n<p>Investment in startups developing wearable tech is at a five-year low in the United States, according to research from CB Insights.<\/p>\n<p>&nbsp;<\/p>\n<p>The amount of capital invested in wearable tech startups is projected to reach $US276 million, a drop of 72% year-on-year and the lowest annual funding total since 2010.<\/p>\n<p>&nbsp;<\/p>\n<p>Last year\u2019s wearable tech investment was inflated by a Magic Leap, a startup developing head-mounted augmented reality displays which raised $US542 million led by Google.<\/p>\n<p>&nbsp;<\/p>\n<p>Seed and angel rounds currently account for 55% of investment deals, up from 29% last year.<\/p>\n<p>&nbsp;<\/p>\n<p>The highest funded wearable startup is Jawbone, which has raised $US614 million. The startup has developed a wireless speaker as well as the Up fitness band and raised $300 million in debt financing from BlackRock in April.<\/p>\n<p>&nbsp;<\/p>\n<p>The five most active wearable tech investors from 2010 to 2015 were Intel Capital, Andreessen Horowitz, Rock Health, True Ventures and Khosla Ventures.<\/p>\n<p>&nbsp;<\/p>\n<p><i>Want to grow your business<\/i> <a href=\"startupschool\/events\/how-to-use-instagram-to-grow-your-business\/\"><i>with Instagram?<\/i><\/a> <i>StartupSmart School can help.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investment in startups developing wearable tech is at a five-year low in the United States, according to research from CB<\/p>\n","protected":false},"author":1,"featured_media":58621,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27,1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/45705"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=45705"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/45705\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/58621"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=45705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=45705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=45705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}