What are the latest funding news in the wearable technology market? (September 2026)
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In our wearable technology market deck, you will find everything you need to understand the market
The 12 publicly announced wearable technology funding deals tracked here raised at least $2.20 billion between July 2025 and August 2026.
Capital was concentrated in mature smart-ring and fitness platforms, while most individual deals focused on smart glasses, XR eyewear, optics, sensors, and low-power chips.
And if you want to better understand this new industry, you can download our pitch covering the wearable technology market.
Insights
- Oura and WHOOP alone accounted for at least $1.48 billion, or roughly 67% of disclosed wearable technology market funding in this selection, showing the power of recurring-revenue health wearables.
- Nine of the 12 funding deals were tied to smart eyewear, AR glasses, XR glasses, smart contact lenses, or their hardware stack, making eyewear the clearest product cluster in recent wearable technology funding.
- Four component companies raised funding for eye tracking, waveguides, thin-film optics, and perception chips, showing that investors are financing the enabling layers needed to make smart glasses lighter and more practical.
- Six of the 12 rounds were worth $100 million or more, but the market still supported small specialist rounds, including early-stage investments below $5 million for optics and semiconductor innovation.
- Consumer wearable companies represented eight of the 12 deals, while wearable-enabling hardware companies represented four, indicating that investors are funding both branded devices and the supply chain behind them.
- The United States and China each produced four companies in this set, while Finland, Switzerland, and the United Arab Emirates added specialist expertise in smart rings, eye sensing, chips, and smart contact lenses.
- Smart rings attracted capital at two very different stages: Oura raised more than $900 million as a scaled health platform, while Sandbar raised $23 million before broad shipment of its AI voice ring.
- Privacy is becoming a product position in smart glasses, with display-first systems such as Even Realities competing through in-view information rather than camera-led content capture.
As this chart shows, and as featured in our wearable technology market deck, search interest in smart rings has been increasing rapidly
Summary table of the latest funding deals in the wearable technology market as of September 2026
We define the wearable technology market as all consumer electronic devices that are designed to be worn on the body and connect digitally to other products or services.
We include smartwatches, fitness bands, hearables (such as connected earbuds and headphones), AR/VR headsets and smart glasses, as well as smart clothing, footwear, and jewelry with embedded sensors.
We exclude purely clinical medical devices and implants, and non-worn connected devices such as smart scales, home fitness machines, or other smart home equipment.
You can also read our detailed analysis to understand how funding activity in the wearable technology market has evolved over the last few years.
We also have a quarter-by-quarter analysis of funding activity in the market here.
Finally, you can check our complete list of fundraising deals for the wearable technology market (we update this list every quarter) as well as our ranking of the most funded startups.
| Name | When | Amount in $ | Round Type | Category |
|---|---|---|---|---|
| Legato | August 26, 2026 | $12M | Venture financing | AI hearing glasses & hearables |
| SeeTrue Technologies | August 5, 2026 | Approx. $2.6M | Financing round | Component: eye tracking for smart glasses |
| Meta-Bounds | July 13, 2026 | Approx. $83M | Combined Series A & A+ | Component: AR waveguides & smart-glasses hardware |
| Even Realities | July 6, 2026 | $150M | Pre-Series B | Display smart glasses & smart ring |
| Phosio | June 2, 2026 | $4M | Seed | Component: thin-film optics for AR glasses |
| Mosaic SoC | April 30, 2026 | $3.8M | Pre-seed | Component: wearable perception chips |
| WHOOP | March 31, 2026 | $575M | Series G | Fitness tracker & wearable health platform |
| Sandbar | March 10, 2026 | $23M | Series A | AI smart ring |
| XREAL | January 8, 2026 | $100M | New round | Consumer AR glasses |
| ŌURA | October 14, 2025 | $900M+ | Series E | Smart ring & preventive health platform |
| VITURE | September 2, 2025 | $100M | Additional Series B rounds | Consumer XR glasses |
| XPANCEO | July 8, 2025 | $250M | Series A | Smart contact lenses & XR computing |
All the latest funding deals during in the wearable technology market as of September 2026
Legato raised $12M in August 2026 for its AI hearing glasses.
When was it?
Legato announced the funding on August 26, 2026.
Who are they?
Legato develops ordinary-looking glasses with hearing-assistance technology built directly into the frames.
Geographical focus?
Legato is initially focused on the United States, with a longer-term ambition to serve the global hearing-device market.
Why do we include them in the wearable technology market?
Legato belongs in the wearable technology market because its core product is a connected pair of AI hearing glasses in the hearables and smart-glasses category.
What is the company stage?
Legato was at a late pre-product and commercialization stage, with Legato Frames planned for launch later in 2026.
How much did they raise?
Legato raised $12 million in this financing round.
What round is it?
Legato described the deal as venture financing and did not assign a conventional Series label.
Why did they raise?
Legato raised the capital to complete product development, launch its frames, and make hearing support easier to adopt.
SeeTrue Technologies raised €2.2M in August 2026 for smart-glasses eye tracking.
When was it?
SeeTrue Technologies announced the financing on August 5, 2026.
Who are they?
SeeTrue Technologies develops compact, ultra-low-power eye-tracking hardware and embedded software for smart eyewear and optical systems.
Geographical focus?
SeeTrue Technologies is based in Finland and sells into global OEM, industrial, and smart-eyewear markets.
Why do we include them in the wearable technology market?
SeeTrue Technologies is a wearable-enabling company because its sensing architecture is designed to fit inside smart glasses and other head-worn devices.
What is the company stage?
SeeTrue Technologies was in commercialization, moving its technology from advanced development toward OEM deployment.
How much did they raise?
SeeTrue Technologies raised €2.2 million, equal to roughly $2.6 million, in this round.
What round is it?
SeeTrue Technologies described the deal as a financing round led by ZEISS Ventures.
Why did they raise?
SeeTrue Technologies raised the funding to commercialize eye sensing that uses less space and power in everyday smart glasses.
This chart, included in our wearable technology market deck, compares the main business model options for wearable technology brands
Meta-Bounds raised about $83M in July 2026 for AR optics and smart glasses.
When was it?
Meta-Bounds announced its combined financing on July 13, 2026.
Who are they?
Meta-Bounds develops optical materials, AR waveguides, optical engines, and lightweight smart-glasses systems.
Geographical focus?
Meta-Bounds operates in China’s AR manufacturing ecosystem while serving global smart-glasses and device partners.
Why do we include them in the wearable technology market?
Meta-Bounds belongs in the wearable technology market as a component specialist supplying the optical stack required for lightweight AR glasses.
What is the company stage?
Meta-Bounds was in growth and manufacturing scale-up, with technology spanning materials through finished eyewear systems.
How much did they raise?
Meta-Bounds raised RMB600 million, reported as approximately $83 million, in the combined financing.
What round is it?
Meta-Bounds described the transaction as a combined Series A and Series A+ financing.
Why did they raise?
Meta-Bounds raised the capital to advance AR optical technology and expand production for consumer AI and AR glasses.
Even Realities raised $150M in July 2026 at a $1B valuation.
When was it?
Even Realities announced the round on July 6, 2026.
Who are they?
Even Realities makes lightweight display smart glasses and a companion control ring for notifications, translation, navigation, and productivity.
Geographical focus?
Even Realities is headquartered in Shenzhen and sells smart-glasses products to an international consumer market.
Why do we include them in the wearable technology market?
Even Realities belongs in the wearable technology market because its display glasses and connected ring are body-worn consumer electronics.
What is the company stage?
Even Realities was in growth stage, with commercial G1 and G2 products already in the market.
How much did they raise?
Even Realities raised $150 million in this round.
What round is it?
Even Realities raised a pre-Series B round led by Meituan and existing investor Tencent.
Why did they raise?
Even Realities raised the funding to scale manufacturing, expand internationally, and develop display-first eyewear without cameras.
This chart, included in our wearable technology market deck, shows why Whoop is leading in wearable technology
Phosio raised $4M in June 2026 to commercialize AR glasses optics.
When was it?
Phosio announced the seed financing on June 2, 2026.
Who are they?
Phosio develops thin-film optical materials and manufacturing technology for lighter, thinner, and lower-cost AR and AI glasses.
Geographical focus?
Phosio is based in the United States and targets global manufacturers of AR and AI smart glasses.
Why do we include them in the wearable technology market?
Phosio belongs in the wearable technology market because its optics platform directly enables the display systems inside next-generation smart glasses.
What is the company stage?
Phosio was moving from proof of concept toward commercialization and pilot manufacturing.
How much did they raise?
Phosio raised $4 million in seed funding.
What round is it?
Phosio raised a seed round led by MESH VC.
Why did they raise?
Phosio raised the capital to turn its thin-film process into a scalable manufacturing platform for affordable AR eyewear.
Mosaic SoC raised $3.8M in April 2026 for low-power wearable perception chips.
When was it?
Mosaic SoC announced the pre-seed round on April 30, 2026.
Who are they?
Mosaic SoC develops energy-efficient perception chips that help smart glasses understand their surroundings without power-hungry processors.
Geographical focus?
Mosaic SoC is based in Switzerland and targets global wearable-device and consumer-electronics manufacturers.
Why do we include them in the wearable technology market?
Mosaic SoC belongs in the wearable technology market because its chips are built for the power, size, and spatial-computing needs of smart glasses.
What is the company stage?
Mosaic SoC was at a pre-product stage, with early engineering work and initial customer activity ahead of wider commercialization.
How much did they raise?
Mosaic SoC raised $3.8 million in this round.
What round is it?
Mosaic SoC raised a pre-seed round led by Founderful, with participation from Kick Foundation.
Why did they raise?
Mosaic SoC raised the funding to develop real-time perception hardware for lightweight glasses and other battery-constrained devices.
In our wearable technology market deck, we identify pain points entrepreneurs should prioritize
WHOOP raised $575M in March 2026 at a $10.1B valuation.
When was it?
WHOOP announced the Series G round on March 31, 2026.
Who are they?
WHOOP sells a screenless fitness wearable and subscription platform that tracks strain, recovery, sleep, training, and physiological signals.
Geographical focus?
WHOOP operates globally, with major United States operations and growing international distribution.
Why do we include them in the wearable technology market?
WHOOP belongs in the wearable technology market because its core business is a body-worn connected fitness tracker and companion digital platform.
What is the company stage?
WHOOP was a growth-stage company with an established product, subscription revenue, and global commercial scale.
How much did they raise?
WHOOP raised $575 million at a $10.1 billion valuation.
What round is it?
WHOOP raised a Series G round led by Collaborative Fund.
Why did they raise?
WHOOP raised the capital to finance international expansion and continue developing its personalized-health platform.
Sandbar raised $23M in March 2026 for its AI voice smart ring.
When was it?
Sandbar announced the Series A financing on March 10, 2026.
Who are they?
Sandbar makes Stream, a voice-enabled ring that records private notes, interacts with an AI assistant, and controls media.
Geographical focus?
Sandbar is based in New York and is initially focused on the United States consumer-hardware market.
Why do we include them in the wearable technology market?
Sandbar belongs in the wearable technology market because Stream is a connected electronic ring with a microphone, touch surface, and companion software.
What is the company stage?
Sandbar was at the MVP and pre-shipping stage, with early demand and wider product shipments planned for 2026.
How much did they raise?
Sandbar raised $23 million in this financing round.
What round is it?
Sandbar raised a Series A led by Adjacent and Kindred Ventures.
Why did they raise?
Sandbar raised the funding to hire in machine learning and interaction design while preparing Stream for larger-scale shipment.
This market map, featured in our wearable technology market deck, highlights top companies and startups in the wearable technology market
XREAL raised $100M in January 2026 to expand its consumer AR glasses business.
When was it?
XREAL disclosed the funding on January 8, 2026.
Who are they?
XREAL makes consumer AR glasses that connect to phones, computers, and gaming devices to create a large virtual display.
Geographical focus?
XREAL is China-based and distributes consumer AR glasses across international markets.
Why do we include them in the wearable technology market?
XREAL belongs in the wearable technology market because its business centers on head-worn AR displays and connected eyewear accessories.
What is the company stage?
XREAL was in growth stage, with several commercial AR-glasses generations already available to consumers.
How much did they raise?
XREAL raised $100 million in new funding.
What round is it?
XREAL did not publicly assign a Series label to the new funding round.
Why did they raise?
XREAL raised the capital to fund new products, strengthen its supply chain, and compete in the expanding AR glasses category.
ŌURA raised more than $900M in October 2025 at an $11B valuation.
When was it?
ŌURA announced the Series E round on October 14, 2025.
Who are they?
ŌURA makes the Oura Ring, a connected smart ring for sleep, activity, recovery, temperature, and wellness tracking.
Geographical focus?
ŌURA is Finnish-founded and headquartered in San Francisco, with a global consumer and healthcare-partner strategy.
Why do we include them in the wearable technology market?
ŌURA belongs in the wearable technology market because its primary product is a sensor-equipped smart ring linked to an app and subscription service.
What is the company stage?
ŌURA was a mature growth-stage company with substantial commercial scale, a large installed base, and an expanding health ecosystem.
How much did they raise?
ŌURA raised more than $900 million at an approximately $11 billion post-money valuation.
What round is it?
ŌURA raised a Series E round led by Fidelity Management & Research Company.
Why did they raise?
ŌURA raised the capital to accelerate AI and product development, expand global distribution, and grow its health partnerships.
This chart, included in our wearable technology market deck, illustrates yearly funding for wearable technology startups
VITURE raised $100M in September 2025 through two additional Series B rounds.
When was it?
VITURE announced the additional funding on September 2, 2025.
Who are they?
VITURE develops XR display glasses for gaming, entertainment, productivity, and connected-device experiences.
Geographical focus?
VITURE is China-founded and serves consumer markets in North America, Europe, and Asia.
Why do we include them in the wearable technology market?
VITURE belongs in the wearable technology market because its core products are consumer XR glasses and related connected hardware.
What is the company stage?
VITURE was in growth stage, with commercial products shipped and a broader global product family under development.
How much did they raise?
VITURE raised $100 million across two additional funding closings.
What round is it?
VITURE described the financings as two additional Series B rounds.
Why did they raise?
VITURE raised the capital to support international expansion and develop next-generation XR hardware and software.
XPANCEO raised $250M in July 2025 for AI-powered smart contact lenses.
When was it?
XPANCEO announced the Series A financing on July 8, 2025.
Who are they?
XPANCEO develops smart contact lenses designed to combine AR displays, health monitoring, night vision, zoom, and wireless connectivity.
Geographical focus?
XPANCEO is based in Dubai and is building for an international deep-tech and consumer-computing market.
Why do we include them in the wearable technology market?
XPANCEO belongs in the wearable technology market because smart contact lenses are an advanced form of connected body-worn computing.
What is the company stage?
XPANCEO was at a pre-product and advanced research stage, with prototypes under development rather than a mass-market product.
How much did they raise?
XPANCEO raised $250 million at a $1.35 billion valuation.
What round is it?
XPANCEO raised a Series A round led by Opportunity Venture (Asia).
Why did they raise?
XPANCEO raised the capital to accelerate development of multifunctional smart lenses and move toward commercial deployment.
Related blog posts
- The evolution of funding activity in wearable technology
- How strong is fundraising in the wearable technology market right now?
- The main fundraising trends in wearable technology
- Wearable Tech: what are the top startups?
- The startups that have raised the most funding in wearable technology
