Magic Leap, Jawbone and Misfit won the wearable tech investment war in 2014

Big names take the top three spots for investments made public last year
Biggest wearable tech investments of 2014

There were close to $1 billion in boardroom wearable deals in 2014, and those are just the ones we know about, according to tech analyst StrategyEye's calculations.

The company has put together a top ten chart of wearable tech companies receiving big investments in 2014 which will form part of a report to be published next week. The chart is based only on disclosed investments, so there's an element of guesswork, but it's a good indication of where the moneymen and women think wearables are headed.

Essential reading: What is wearable tech?

Magic Leap, the secretive virtual reality startup, blows away the competition with its huge $542 million cash injection from companies including Google and Qualcomm last year. In second place is Jawbone with $147m and Misfit comes in third place with the $40m investment from Chinese manufacturer Xiaomi and others which we reported back in early December.

Other companies of note on the list, presented by StrategyEye's editorial director Tom O'Meara, included Jaunt VR ($28m), Huami ($35m) - Xiami's fitness wearable partner and Zepp Labs ($15m) which makes the Zepp Golf Sensor.

In terms of the growth of investments in wearable tech, the total $941m of disclosed investments in 2014 is triple that of 2013 and in January 2015 alone there has already been $27m of public investment in wearable tech startups.

Paul Stacey, Intel's UK Wearable Tech Marketing and Business Development manager, was also speaking at the 'Future of Wearable Tech' event and said Intel itself is investing in power management and wireless charging as battery life is still a huge problem for wearable tech. That's on top of the $25m Intel recently invested in Vuzix.

Essential reading: Jawbone UP3 review

He also stressed that 2015 will be the year we see the results of its high profile partnerships including Oakley owner Luxottica.

"We are leading in this partnership strategy and we want to work with these partners to market groundbreaking lifestyle products," he said. "We should have a product with Oakley in the second half of this year."

1 Comment

  • ash10ashton says:

    I'm not sure about jawbone or the other but I was in love with my misfit. I read the warnings people said about it falling out of the band but I guess it was conveniently tight enough and never fell out of the band. I got mine in Feb. & it lasted until just a couple days ago. I was going on a casual walk on the beach with my boyfriend when maybe two miles later I noticed it was gone. I walked back and couldn't find it. Band and misfit together. Completely gone. I love a tracker and loved misfit but I'm paranoid to get another just to know it can just "fall off" at a moments notice. 

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