Sony Launches Funding Initiative on Crowdfunding Platform First Flight For New Smartwatch “Wena”

Wena 2

Electronic powerhouse, Sony, recently announced that it has launched a crowdfunding campaign on its own platform, First Flight, to raise funds for the brand new smartwatch, Wena Wrist.

SonySony first debuted First Flight in June, which is dedicated to plans inside its company. The platform is said to not explicitly promote its relationship with Sony and it helps employees to get an accurate estimate of the potential of their ideas. Those involved with the platform stated teams that make it through the quarterly contests will be eligible to use the website, or if they prefer, a non-Sony crowdfunding platform, like Kickstarter or Indiegogo.

First Flight also functions as an online retail store for projects that are successful. Once it opens products by Sony teams, that were successfully funded earlier through other platforms, will be on sale to residents of Japan.

Wena, which stands for “wear electronics naturally,” is premium smartwatch that performs as a digital wallet, provides notifications and tracks activity.

Wena 3According to Android Times, the new smartwatch will be available in two models. The “Chronograph” model will be equipped with three separate hands for telling time (shows hours, minutes, and seconds. The “Three Hands” model will features a regular watchface on top.

Both models are identical by means that they are 42mm across. The Chronograph model is said to last for five years while the Three Hands will run for three. Sony announced that the watch will ship in March and April of 2016 and will cost between ¥34,800 ($287) for the Silver Three Hands, and ¥69,800 ($576) for the Chronograph in Black.

Originally looking to raise ¥10 million, the project has earned over ¥33 million. Its campaign is set to close mid-October.


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Disclosure Quest

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Oct 29, 2026 vs Jan 1, 2025 - Oct 29, 2025

Share this graph
Number of Filings132Prior 128 +3.1%
Target Raise, Total$3.44BPrior $3.56B -3.5%
This YTDYear priorChange
Filings 132 128 +3.1%
Target raise $3.44B $3.56B -3.5%

Sponsored by the Crowded Media Group the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us @CrowdfundInside

Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

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