Thousands of new startups are founded every year – emerging companies with the potential to disrupt the wearables industry. To give you a head-start on emerging technologies and startups that will impact the wearables sector in 2022, we analyzed a total of 2 199 global wearables startups & scaleups. Meet 5 of the most promising startups to watch!
Global Startup Heat Map highlights 5 Wearables Startups to Watch in 2022
Out of 2 199, the 5 wearables startups to watch are chosen through the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering over 2 093 000+ startups & scaleups globally. As the world’s largest resource for data on emerging companies, the SaaS platform enables you to identify relevant startups, emerging technologies & future industry trends quickly & exhaustively.
The Global Startup Heat Map below highlights the 5 wearables startups you should watch in 2022 as well as the geo-distribution of the other 2 194 startups & scaleups we analyzed for this research. We hand-picked the 5 highlighted wearables startups based on our data-driven startup scouting approach, taking into account factors such as location, founding year, the relevance of technology, and funding, among others.
Laronix makes Electronic Voice Prosthesis
Founding Year: 2019
Location: Gold Coast, Australia
Partner for: Artificial Voicebox
Industry: Healthcare
Australian startup Laronix builds Bionic Voice, a wearable electronic voice prosthesis for larynx amputees. It substitutes and regenerates the missing voice source for the laryngectomees. The device consists of a pressure sensing module that monitors respiration through a patient’s stoma. An artificial intelligence (AI)-based software model of vocal folds uses these respiration readings to produce the patient’s voice. With time, the AI module improves the quality of the voice, so that it sounds closer to the patient’s own. Moreover, as the system is naturally controlled by respiration, it is more convenient than other electronic voice prostheses.
LociLabs enables Contact Tracing
Founding Year: 2019
Location: England, UK
Partner for: Social Distancing
Industries: SocialTech, Healthcare
LociLabs is a British startup that enables contact tracing with its suite of wearable devices. The startup’s devices, including includes watches, badges, and cards, use ultra wide-band (UWB) radio-based technology to measure the time of flight (ToF) of radio signals between units. Its proprietary SafeSpace technology then provides triggers — audio, visual, or vibrating alerts — when it detects a distance less than 2 meters. The real-time feedback allows users to re-establish a safe distance of greater than 2 meters. SafeSpace finds application in health facilities, retail outlets, and workplaces, where it enables social distancing according to Covid-19 regulations.
Statis Ring provides Contactless Networking
Founding Year: 2020
Location: Toronto, Canada
Partner for: Wearable Digital Business Cards
Industry: Consumer Electronics
Canadian startup Statis Ring makes a battery-less smart ring that utilizes near-field communication (NFC) tap technology for contactless networking. The Statis Ring system gets activated when a user takes a photo of their business card and pairs it with the ring using the startup’s mobile app. When the user taps the ring on someone else’s phone, the wearable connects to a cloud server, enabling the transfer of digital information such as social media profiles, website links, email, and phone numbers. The ring also enables users to keep a track of their business card transactions through the app. Additionally, the solution replaces paper business cards and drives sustainability.
Neos offers Payment-enabled Jewelry
Founding Year: 2019
Location: Athens, Greece
Partner for: Contactless Payments
Industry: FinTech
Neos is a Greek startup that provides payment-enabled jewelry and accessories for contactless payments using NFC tap and pay technology. The startup’s wearables include Cocoon, a range of metal bracelets, and Polygon, an eco-friendly bracelet made from polylactic acid (PLA). These are compatible with various payment cards issued from different banks in several countries. The users are able to select their preferred cards to connect with their wearables during the check-out process. Moreover, the wearables do not collect or record any information from the users’ payment cards, enabling secure transactions.
Digitalnology facilitates Remote Assistance
Founding Year: 2019
Location: Nova Milanese, Italy
Partner for: Construction Inspection
Industries: Construction, Industry 4.0
Italian startup Digitalnology develops a digital helmet for construction workers. The startup’s product, Digital Helmet, allows on-site technicians to connect with experts via communication software. During complex field conditions and problems, the workers use the helmet’s in-built camera to show the issue to the experts. The experts provide assistance in real-time, saving time and reducing the cost of maintenance. Additionally, the helmet has a small display, which allows the technicians to visualize pictures, 2D or 3D models, and product manuals. The device also supports voice control such as commands to read barcodes, which increases the convenience for the workers at construction sites.
Discover All Emerging Wearables Startups
The 2 199 wearables startups showcased in this report are only a small sample of all startups we identified through our data-driven startup scouting approach. Download our free Industry Innovation Reports for a broad overview of the industry or simply get in touch with us for quick & exhaustive research on the latest technologies and emerging solutions that will impact your company in 2022!
