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A note from the undertakers: As you explore these grounds, be advised that this site is meant to be used as a resource but it is not as a source of aboslute fact, but the curation of data from different resources. Additionally, companies are very complex and their undertaking is usually the result of interrelated long term factors that are nearly impossible to deduce. With that said, this is the best account of the information available.

Wattage

Wattage

Wattage was an online platform that makes creating hardware easy.

  Hardware
  2014 – 2015
   Ontario, Canada
  Founded by Jeremy Bell, Peter Nitsch, Brett Hagman
  Raised $200k in 1 round
  No investor information found

Reasons for Failure

They tried to create a new market for customized electronics but there was no traction.

Took time to build out prototypes to validate whether ideas were technically possible. In retrospect, they would have launched lightweight prototypes quickly and focus on validating product interest.

Difficulty locking in VC funding, there were conflicting opinions about how much money they should be raising.

Competitors

No competitor data found. Please send us a report if you know of any competitors.

Sources:   Well, We Failed. , Everybody kept telling this startup that its pitch deck was beautiful — but they didn’t invest