Other sectors such as cybersecurity, education technology, cleantech, and gaming are maturing significantly over the past five years, with 33% collective growth in Series A funding and outflows of 3%.
Blockchain, artificial intelligence (AI) and big data are some of the fastest growing startup subsectors in the world and have attracted large early-stage funding over the past five years, according to a new report from Research Market Startup Genome.
Deep Tech, a term that encompasses advanced manufacturing and robotics, blockchain, AI and big data, remains the fastest growing group in the world. Finch has also seen significant growth over the past five years, as the company in A report entitled “The Global Ecosystem” stated Startup 2021 “.
Five subsectors (agtech, blockchain, advanced manufacturing and robotics, artificial intelligence and big data, fintech) are growing incredibly fast, with an average increase of 107% in early stage financing and 43% growth in exits. Data and analytics is the largest subsector, accounting for nearly 27% of all global startups, the report adds.
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