Phones or watches may be smart enough to detect sound, light, motion, touch, direction, acceleration and even the weather, but they can't smell.

That's created a technology bottleneck that companies have spent more than a decade trying to fill. Most have failed.

A powerful portable electronic nose, says Redg Snodgrass, a venture capitalist funding hardware start-ups, would open up new horizons for health, food, personal hygiene and even security.