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PitchBook's Q2 Emerging Technology Indicator Reveals Next Generation of Promising StartupsSEATTLE, Aug. 19, 2021 /PRNewswire/ -- PitchBook, the premier data provider for the private and public equity markets, today announced the release of its Q2 2021 Emerging Technology Indicator (ETI), which provides in-depth analysis on the disruptive technologies driving growth opportunities and predicts the next generation of promising companies. The report tracks a smaller subset of startups receiving seed- and early-stage investment from top performing VC firms. In this second iteration of the report, PitchBook's Institutional Research Group tracked 211 early- and seed-stage deals that involved the top 15 VC funds. These funds are determined each quarter based on the success of their investments over time, in terms of exits and valuations. According to the analysis, the top five areas of technology investment changed from the Q1 analysis and includes, fintech, enterprise SaaS, health & wellness tech, DeFi and E-commerce. To download PitchBook's Emerging Technology Indicator, click here. "The ETI is meant to provide a unique perspective on the products and technologies that are driving early growth opportunities," said Paul Condra, lead analyst of emerging technology research at PitchBook. "By looking at this small subset of categories receiving outsized investment from top performing firms, we're able to pinpoint the most attractive investment opportunities and the companies most likely to achieve unicorn status. The latest data shows investors are flooding the technology market to meet startups' excess demand for capital and drive overall growth in venture investing." In Q2 2021, ETI deals reached $5 billion across 211 deals, the highest deal count on record, up from the previous record of 197 recorded in Q1 2021. The quarter also recorded the second-highest deal value after the $6 billion raised in Q1. See below some key takeaways from the investment activity:
To download PitchBook's Emerging Technology Indicator, click here. About PitchBook View original content to download multimedia:https://www.prnewswire.com/news-releases/pitchbooks-q2-emerging-technology-indicator-reveals-next-generation-of-promising-startups-301358779.html SOURCE PitchBook |