0

March 19, 2014 AT 6:30 am

From Jawbone to GoPro, Venture Money Flows Into Hardware #WearableWednesday

From Jawbone to GoPro, Venture Money Flows Into Hardware @ WSJ.com.

A hardware startup is still hard, but it is getting a little easier. The growing availability of 3-D printers and starter kits with easy-to-program circuit boards makes it simpler and cheaper to produce prototypes. Contract manufacturers stand ready to handle mass production and unravel supply-chain tangles. New fundraising techniques help entrepreneurs get started and test demand.

The result: U.S. venture capitalists completed a record 31 fundraising deals for consumer-electronics makers last year, eclipsing the previous high of 29 in 1999, according to DJX VentureSource. They pumped $848 million into hardware startups, nearly twice the prior record of $442 million set in 2012.

The flurry of deals included new funding for Jawbone, which makes wireless audio equipment and an activity-tracking wristband, set-top-box manufacturer Roku Inc. and camera startup Lytro Inc.

“It’s definitely the dawn of a golden age of hardware,” said Scott Miller, chief executive of Cambridge, Mass.-based Dragon Innovation Inc., which advises hardware startups and helps them raise money.

Read more.


Check out all the Circuit Playground Episodes! Our new kid’s show and subscribe!

Have an amazing project to share? Join the SHOW-AND-TELL every Wednesday night at 7:30pm ET on Google+ Hangouts.

Join us every Wednesday night at 8pm ET for Ask an Engineer!

Learn resistor values with Mho’s Resistance or get the best electronics calculator for engineers “Circuit Playground”Adafruit’s Apps!


Maker Business — Lessons Learned Scaling Airbnb 100X

Wearables — Start with a sketch

Electronics — When do I use X10?

Biohacking — Project Peri – Translates Sound into Light for the Hearing Impaired

Get the only spam-free daily newsletter about wearables, running a "maker business", electronic tips and more! Subscribe at AdafruitDaily.com !



No Comments

No comments yet.

Sorry, the comment form is closed at this time.