Very interesting article for you IoT doubters. By the way, there are still people (flat earthers) that think the planet Earth is flat so you are in good company.
Internet of Things startups have attracted over $7.4B in cumulative investment over 887 deals since 2010. As the IoT continues to transform business categories such as auto, medicine, and heavy manufacturing, it’s important to know where to top VCs are placing their bets.
(For more on how we selected the 20 VC firms, see the note at the end of this post.).........
We identified 9 different IoT categories that smart VCs are targeting.
https://www.cbinsights.com/blog/smart-money-vc-internet-of-things/
Internet of Things startups have attracted over $7.4B in cumulative investment over 887 deals since 2010. As the IoT continues to transform business categories such as auto, medicine, and heavy manufacturing, it’s important to know where to top VCs are placing their bets.
(For more on how we selected the 20 VC firms, see the note at the end of this post.).........
We identified 9 different IoT categories that smart VCs are targeting.
- IoT Infrastructure: Sensor development, networking, software, and big data for building out the IoT and supporting its many applications. Examples here were Electric Imp, Stratoscale, and mCube.
- Connected Home: Connecting home appliances and devices, such as Ring‘s connected doorbell system.
- Connected City: IoT hardware and software for efficient public spaces. Placemeter, and Streetline, for example, target the sidewalks, traffic, and parking problems.
- Healthcare: These may be platforms and/or sensors (wearable or ingestible) intended to harvest clinical data. Smart money-funded startups in this space included Airstrip Technologies, Corventis, and Cellscope.
- Wearables: A broad category of wrist, body, apparel, and headset-mounted sensors that we’ve covered in great detail. Startups here include fitness band maker Jawbone, smartwatch maker Pebble Technology, and advanced biometric sensors such as InteraXon’s brainwave reader.
- Smart Energy systems: Platforms for efficient energy usage, including smart money-funded startups like Enlighted and PlotWatt, along with now-exited SynapSense, Nest Labs, and eMeter.
- Industrial IoT (IIoT): Connecting factories, equipment, and machinery for manufacturing and capital-intensive industries such as oil production, agribusiness, transportation, and logistics. Smart money-funded startups here include oil-and-gas focused Tachyus and industrial internet platform Parstream.
- Connected Car: An IoT subcategory focused on the future of auto. Metromile and Inrix are examples here.
- Retail Tech: Startups aiming to track and enhance the retail experience through in-store technology and IoT systems. Theatro and Estimote are smart money-backed companies in the space.
https://www.cbinsights.com/blog/smart-money-vc-internet-of-things/
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