Westpac is set to launch PayWear, its own wearable offering allowing customers to make tap and go payments on contactless-enabled terminals.
Nuheara, the company behind the ‘IQbuds’ has announced the close of a $9 million through an institutional placement to further its product development.
Queensland-based Heritage Bank has come out with a wearable payments device that links directly to a customer’s everyday transaction account.
While we know Showpo for its millennial fashion and social media presence, Lu has been working behind the scenes on something that is sure to turn heads.
Girl Geek Academy has announced the launch of its next SheMakes event, aiming to introduce more women to the concepts of making and wearables.
Perth startup Nuheara has raised over $500,000 on Indiegogo as it looks to bring its first product to market in time for the holiday season later this year. It comes after the startup became the first wearables company to list on the ASX in March, raising $3.5 million.
Redbubble, the online marketplace for creatives, has released its half year financial performance and confirmed its intention to raise $50 million through an ASX listing in June.
Gold Coast startup MINUTIAE Innovations is in the process of bringing military-grade tech into luxury leather goods. Think of walking around with a Prada bag, but inside that bag is built in security that is used by the special forces.
Making the decision on what exactly the right age is to give a child their first mobile phone used to be a delicate one for parents. My sister and I didn’t get our first phones until we turned 16; kids these days are walking around with their father’s hand me down iPhone 4 when they’re in kindergarten. Older people worry kids are getting attached to technology too early, but parents say it’s the only way to know their kids are okay.
Along with crimped hair, the mood ring was a fashion staple for teen girls in the 90s and 2000s. The ring changed colours depending on what mood the wearer was in, and though no one actually knew what colour corresponded to which mood, but we all wanted one anyway. Technology has now gone one better: Finnish startup Moodmetric has created the a smart ring, which actually does track emotions and stress levels.
But Nuheara, a startup based out of Perth and San Francisco, is set to make this a reality. In partnership with Curtin University in Western Australia, the startup is developing innovative augmented ‘Hearables’ (ear buds) that allow people to control their hearing experience with the help of a smartphone app.
We know wearable technology could one day be truly life-changing and will no doubt replace smartphones in the future, but at the moment it’s languishing somewhere between function and fashion and is falling short of its potential.
Thinking of doing business in the future? Talk to the hand. No, seriously, you might have to if the only way to get in touch with a client is via a smartwatch or Google Glass.