Startup Categories with the Biggest Investment Increases in 2020

An article we liked from Thought Leader Tomasz Tunguz:

The Fastest Growing Sectors of Startup Fundraising in 2020

From time to time, I chart the fastest growing categories of startup investment in the US for seed through Series C.  The Fastest Growing Sectors of Startup Fundraising in 2020

Here are 20152017, This year, I was certain the categories would have been influenced by COVID19.

I analyzed Crunchbase data and looked for the startup categories that grew fastest in terms of funding rounds year-over-year, provided there were at least 10 rounds in that category.

Quantum computing topped the list with a doubling of rounds. The leader doesn’t have much to do with COVID ostensibly but is likely propelled by increasing interest in the technology because of recent advances in quantum computing design and manufacture.

Dating is next, followed by battery companies, doubtlessly benefiting from the surge of electric vehicle sales and boom in consumer electronics. Video conferencing is no surprise: it’s the new office for many information workers.

Music streaming, test and measurement, and quality assurance initially baffled me. But let me explain: music streaming includes...

Read the rest of this article at tomtunguz.com...

Thanks for this article excerpt and its graphics to Tomasz Tunguz, Venture Capitalist at Redpoint.

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