These Are Sectors Where Seed Rounds Of $5M To $10M Are Clustering This Year
We identified popular themes for seed-stage investment this year, including cancer therapeutics and space tech. Joanna Glasner jglasner A single midsize seed round doesn't reveal much about what's trending as the hot emerging area for startup innovation. Looking across hundreds of financings, however, one forms a clearer image about where the hotspots are clustering.
Key Takeaways
- That was the intent of our latest Crunchbase News data dive into seed-stage trends.
For this installment, we focused on mid-sized rounds of between $5 million and $10 million, analyzing around 800 global seed financings that closed this year.
- Here we delve into the other four: proptech, cancer therapeutics, space tech and robotics.
1: Proptech Real estate is the world's most valuable asset class, providing startups a huge and varied addressable market.
- In particular, they're funding a lot of rounds in the $5 million to $10 million range for companies looking to add efficiencies to the planning and building process, streamline rental operations, reduce building power consumption, and more.
- Seed-stage companies aren't expected to bring down numbers in the near term, but as they progress, it's increasingly plausible.
- To illustrate, below we put together a sample set of nine such companies that raised rounds this year: The largest fundraiser in our target range was Lux Aeterna , which is focused on developing reusable satellites.
Stats & Key Facts
- #For this installment, we focused on mid-sized rounds of between $5 million and $10 million, analyzing around 800 global seed financings that closed this year.
- #Last year, per Crunchbase analysis , proptech startup investment totaled just over $10 billion, far below peaks hit several years ago.
- #In particular, they're funding a lot of rounds in the $5 million to $10 million range for companies looking to add efficiencies to the planning and building process, streamline rental operations, reduce building power consumption, and more.
- #To illustrate, below we put together a sample set of 15 companies that closed seed rounds in our target range this year: A few standouts include Hint , an AI-powered home management system, Optiml , a developer of software to support real estate decarbonization, and Krane , an AI-enabled construction supply chain platform.
That was the intent of our latest Crunchbase News data dive into seed-stage trends. For this installment, we focused on mid-sized rounds of between $5 million and $10 million, analyzing around 800 global seed financings that closed this year. In a startup investment climate characterized by the ascendance of megarounds , the idea was to focus on rounds more representative of the classic seed deal: a risky bet on unproven founders, technologies or business models.
Using this methodology we identified multiple popular investment themes and zeroed in on five. The first - cybersecurity - we tackled in a separate piece . Here we delve into the other four: proptech, cancer therapeutics, space tech and robotics.
1: Proptech Real estate is the world's most valuable asset class, providing startups a huge and varied addressable market. By one McKinsey & Company estimate published a few years ago, real estate accounted for a staggering two-thirds of global net worth. Given the size of the space, actual venture investment tied to real estate and construction looks comparatively meager.
For more details please read the original article at Crunchbase News.
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