Which wearable tech companies secured investment?

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The wearable technology investment landscape has evolved dramatically, with funding patterns revealing clear winners and emerging opportunities that savvy entrepreneurs and investors can capitalize on.

From neural interfaces commanding nine-figure rounds to industrial safety wearables attracting corporate venture arms, the market shows distinct investment clusters that offer actionable insights for market entry strategies. Understanding which specific technologies are drawing the largest checks and which geographic regions dominate deal flow provides crucial intelligence for positioning your venture or investment thesis.

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Which wearable tech companies raised the most funding in 2024 and early 2025, and what were the exact amounts?

Infinite Reality leads with $350 million raised in 2024, focusing on AR-based immersive fan experiences for stadiums and live events.

Oura secured $275 million from Tiger Global and SoftBank Vision Fund, positioning their smart ring as the premium choice for sleep and recovery tracking. eGym raised $200 million from General Atlantic for their connected strength-training equipment that integrates cloud analytics with gym management software.

In 2025, Kinetic raised $176.6 million for industrial workplace safety wearables that use sensors and analytics to prevent workplace injuries. Profusa secured $145.5 million for their implantable biosensors that enable continuous biomarker monitoring without traditional blood draws. LAFORGE Optical raised $105.7 million for prescription AR eyewear platforms targeting enterprise applications.

RealWear completed a $100.2 million round for voice-controlled industrial smart glasses, while smaller but significant rounds included Steadiwear's $70.9 million for medical gloves that stabilize tremors in neurological disorders, and Cardiogram's $41.7 million for AI-driven continuous health monitoring via consumer wearables.

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Which investors are most active in wearable tech right now and who have they specifically backed?

General Atlantic leads with over $2 billion deployed across wearable tech rounds, having backed eGym's $200 million Series B and multiple other fitness and health-focused startups.

SoftBank Vision Fund consistently writes series-leading checks in AR and health wearables, co-leading Oura's $275 million round alongside their investments in AR headset companies and AI-powered health monitoring platforms. Tiger Global Management focuses on large rounds in fitness and health rings, having participated in both Oura's recent funding and several other consumer health wearable companies.

Corporate venture arms show increasing activity, with Apple's Advanced Manufacturing Fund co-investing in AI-powered sensor startups, Google Ventures backing extended-reality and AI health wearable firms, and Samsung NEXT making strategic investments in AR glasses companies like LAFORGE Optical. Medtronic Ventures remains active in biosensor and chronic-care wearables, often providing both capital and regulatory expertise.

These investors collectively represent a shift toward larger check sizes and longer-term partnerships, with most requiring proven market traction and clear paths to profitability before leading rounds above $50 million.

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Which startups received the largest investments and what exactly do these companies offer?

The top-funded companies represent three distinct categories: immersive experiences, health monitoring, and industrial applications.

Which geographic regions attracted the most wearable tech investment activity this year?

North America dominates with approximately 50% of global deal flow, driven by strong consumer adoption and enterprise demand for AR and safety wearables.

Major North American rounds include Infinite Reality's $350 million and LAFORGE Optical's $105.7 million, with Silicon Valley and Boston remaining the primary hubs for late-stage funding. The region benefits from established relationships between VCs and corporate venture arms, enabling larger round sizes and strategic partnerships.

Europe captures roughly 30% of deals, with notable successes including Oura's $275 million round and eGym's $200 million funding. European companies often focus on health and fitness applications, benefiting from strong regulatory frameworks and consumer privacy protections that appeal to health-conscious users.

Asia-Pacific accounts for approximately 15% of investment activity, with companies like Ultrahuman raising $25 million and Gymdesk securing $32.5 million. The region shows particular strength in manufacturing partnerships and cost-effective hardware development, though fewer companies achieve the mega-rounds seen in North America and Europe.

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Which major tech giants and established players participated in funding wearable tech companies?

Apple's Advanced Manufacturing Fund co-invested in multiple AI-powered sensor startups, focusing on companies developing next-generation health monitoring capabilities that could integrate with Apple Watch ecosystems.

Google Ventures backed several extended-reality and AI health wearable firms, particularly those developing computer vision and machine learning algorithms for gesture recognition and health data analysis. Samsung NEXT made strategic investments in AR glasses companies, including LAFORGE Optical, as part of their broader push into enterprise AR solutions.

Medtronic Ventures actively funded biosensor and chronic-care wearables, providing both capital and regulatory guidance for FDA approval processes. Boston Scientific acquired IVL startup Bolt Medical for cardiovascular wearables, demonstrating the strategic value of proven wearable technologies in medical device portfolios.

Enterprise Ireland participated in Output Sports' €4.5 million pre-A round for elite sports wearables, showing government-backed funds increasingly recognize wearable tech as a strategic technology sector worthy of national investment support.

What are the breakthrough technologies in wearable tech that investors are betting on?

Neural interfaces represent the highest-conviction investment theme, with companies developing touchless gesture controls like Mudra Link attracting significant investor interest for their potential to replace traditional input methods.

AI-enhanced health sensors that provide continuous vital-sign analysis are drawing major rounds, with companies like Cardiogram raising $41.7 million for platforms that can detect early signs of atrial fibrillation, sleep disorders, and other health conditions through consumer wearables. These systems use machine learning to analyze heart rate variability, movement patterns, and other biometric data to provide actionable health insights.

Augmented reality wearables, particularly prescription AR glasses like those developed by LAFORGE Optical, are attracting enterprise-focused investment as companies seek to improve worker productivity and training effectiveness. Smart rings for continuous sleep and recovery monitoring, exemplified by Oura and Ultrahuman Ring, continue drawing consumer-focused investment due to their less intrusive form factor compared to traditional fitness trackers.

Implantable biosensors represent the frontier of continuous health monitoring, with Profusa's $145.5 million round demonstrating investor confidence in technologies that can monitor biomarkers without requiring user interaction or device charging.

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What were the funding stages and terms for the top deals in wearable tech?

Growth and late-stage rounds dominate the largest deals, with companies raising over $200 million typically in Series C or later stages after proving market traction and revenue growth.

Which wearable tech companies received backing from corporate venture arms or strategic partners?

Corporate venture participation has increased significantly, with established players seeking to acquire cutting-edge wearable technologies rather than develop them internally.

Boston Scientific's acquisition of Bolt Medical demonstrates how medical device companies are buying proven cardiovascular wearable technologies to expand their digital health portfolios. Medtronic Ventures provides both funding and regulatory expertise to biosensor companies, offering a crucial advantage in navigating FDA approval processes that can take 2-3 years.

Samsung NEXT's investment in LAFORGE Optical reflects the consumer electronics giant's strategy to position itself in enterprise AR markets before competitors establish dominant positions. Apple's Advanced Manufacturing Fund targets AI-powered sensor startups that could enhance future Apple Watch capabilities or create new product categories.

Enterprise Ireland's participation in Output Sports' €4.5 million round shows government-backed strategic investors recognizing wearable tech as critical infrastructure for sports performance and healthcare applications. These strategic partnerships often provide market access and distribution channels that pure financial investors cannot offer.

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What types of wearable products are attracting the most capital investment?

Health and medical wearables captured approximately $1.5 billion in 2024-2025, representing the largest capital allocation due to proven market demand and clear revenue models.

This category includes companies like Cardiogram, Profusa, and Steadiwear, which address specific medical conditions with measurable health outcomes. Investors favor these companies because they can charge premium prices to healthcare systems and insurance companies while building defensible intellectual property around FDA-approved devices.

Fitness and wellness products raised roughly $850 million, led by Oura, eGym, and Ultrahuman, benefiting from strong consumer willingness to pay for personalized health insights and the growing trend toward preventive healthcare. Augmented reality wearables attracted approximately $250 million, primarily from enterprise customers seeking productivity improvements in manufacturing, healthcare, and field service applications.

Safety and industrial wearables secured around $300 million, with companies like Kinetic and RealWear addressing workplace safety regulations and insurance cost reduction for large employers. Sports science wearables, though smaller at €4.5 million for companies like Output Sports, show strong unit economics due to elite athlete and professional team customers willing to pay premium prices for performance advantages.

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How does total wearable tech investment in 2024-2025 compare to previous years?

Global wearable tech venture funding reached $6.2 billion in 2024, representing a 24% increase from the 2022-2023 annual average of $5 billion.

The first half of 2025 shows $3.1 billion in funding, putting the year on pace for $6.5 billion in total investment, indicating sustained investor confidence despite broader tech market volatility. This growth reflects maturation of the market, with more companies reaching revenue scales that justify larger investment rounds.

The increase comes primarily from larger late-stage rounds rather than more early-stage deals, suggesting investors are concentrating capital in proven companies rather than spreading it across numerous startups. Average deal sizes have increased from $15 million in 2022 to $28 million in 2024, with mega-rounds above $200 million becoming more common.

Corporate venture participation has doubled from 15% of deals in 2022 to 30% in 2024, indicating strategic buyers are increasingly willing to pay premium valuations for proven wearable technologies rather than attempting internal development.

Are any key exits, IPOs, or acquisitions expected in wearable tech for late 2025 or 2026?

Magic Leap represents the most anticipated IPO candidate for 2026, following their successful commercialization of AR headsets and enterprise customer traction.

Oura faces increasing speculation about a secondary market transaction or strategic acquisition following their Series E round, with potential acquirers including Apple, Google, or traditional health companies seeking direct consumer relationships. Their proven revenue model and strong brand recognition make them an attractive target for companies wanting immediate market presence in health wearables.

Profusa appears likely for acquisition by a large medical device OEM seeking to acquire their biosensor intellectual property and FDA regulatory pathway, which could be worth significantly more to a strategic buyer than financial investors. The implantable biosensor market requires substantial regulatory expertise and manufacturing capabilities that favor established medical device companies.

Several smaller companies with proven enterprise customer bases may become acquisition targets for larger technology companies seeking to add wearable capabilities to existing product suites rather than building them internally.

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Based on recent funding patterns, what trends can entrepreneurs and investors expect for wearable tech investment in 2026?

2026 will likely see continued growth in late-stage rounds exceeding $200 million for companies with proven revenue traction and clear paths to profitability.

Strategic deals by major tech OEMs to integrate AR and neural interface solutions will increase, as companies like Apple, Google, and Microsoft seek to acquire rather than build advanced wearable technologies internally. This trend benefits entrepreneurs who focus on developing specialized technologies that complement existing ecosystems rather than competing directly with tech giants.

Corporate venture arm co-investments will continue rising, especially in health-critical wearables where regulatory expertise and market access provide strategic value beyond capital. Investors should expect increased focus on AI-driven continuous monitoring and extended-reality workforce solutions, as these categories show the strongest unit economics and scalability potential.

The geographic concentration in North America and Europe will likely persist, though Asia-Pacific may see increased activity as manufacturing costs and supply chain advantages become more important for scaling hardware companies. Entrepreneurs should consider regional strategies that leverage local advantages while accessing global capital markets for growth funding.

Conclusion

Sources

1. 2024 Top Deals Dominated by B2B, Wellness-Tech, SportsTechX
2. 69 Best Wearables Startups to Watch in 2025, Seedtable
3. Wearable Technology Industry Report 2025, StartUs Insights
4. Wearable Devices Announces Full Year 2024 Financial Results and Corporate Update, GlobeNewswire
5. Top wearable tech products of 2024, ZDNET
6. MedTech, Device, Digital Health, and Wearables M&A & Ventures – Q1 2025, DealForma
7. Wearable tech used by Olympians and NBA players raises €4.5 million, EU-Startups