Today's top #BusinessModel report is on Top Business Models in High Tech Report https://tracxn.com/platform/file-manager/file/ZmlsZUlkPUlrU3Eyc1MzZWZqV0h3SE9kZmZRMl9qMFB4SFRfTmdxT2RpRHdyR0htenM%3D Get our free reports on geography of your interest to your mailbox regularly https://rb.gy/cx2upn

1. TRACXN TOP BUSINESS MODELS REPORT
August 25, 2023
HIGH TECH

2. High Tech - Top Business Models Report Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Contents
High Tech Funding Overview 3
Top Funded Business Models 4
One Pagers 9
Appendix 59
2

3. High Tech - Top Business Models Report Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Funding in last 1 year
3
AI Infrastructure $15.3B
Generative AI $14.3B
AI as a Service $13.2B
Web 3.0 $7.7B
Blockchain Infrastructure $4.6B
Drones $3.7B
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
Y Combinator
Shima Capital
Polygon
95
24
20
Early
Stage
Andreessen Horowitz
Polychain
Coinbase
16
15
14
Late
Stage
Andreessen Horowitz
GM Ventures
Google Ventures
11
5
5
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
United States (66%)
China (6%)
United Kingdom (5%)
Canada (4%)
Israel (3%)
France (2%)
Germany (2%)
Others (13%)
$ Funding # Rounds
OpenAI
(2015, United States)
$10.0B - Series E
Anduril
(2017, United States)
$1.5B - Series E
Inflection
(2022, United States)
$1.3B - Series E
SandboxAQ
(2022, United States)
$500M - Series A
Anthropic
(2021, United States)
$450M - Series C
Adept
(2017, United States)
$350M - Series B
Zipline
(2014, United States)
$330M - Series F
OpenAI
(2015, United States)
$300M - Series E
Mysten Labs
(2021, United States)
$300M - Series B
United Aircraft Techno..
(2014, China)
$291M - Series D
Beijing Zhonghangzhi T..
(2012, China)
$291M - Series D
Neuralink
(2016, United States)
$280M - Series D

4. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Top Funded Business Models - last 1 year (1/5)
4
Rank Business Model $ Funding # Rounds Top Funding Round Details
1-- Artificial General Intelligence $11.1B 10 OpenAI | $10.0B | Series E Link
2▼1 Blockchain Networks $1.8B 125 Mysten Labs | $300M | Series B Link
3-- Military Drone $1.5B 3 Anduril | $1.5B | Series E Link
4▲45 Conversational AI platforms $1.4B 11 Inflection | $1.3B | Series E Link
5-- Commercial Drones $1.1B 23 United Aircra.. | $291M | Series D Link
6▲12 Surgical Robots $576M 19 Distalmotion | $150M | Series F Link
7-- 3D Rendering Software $561M 5 CoreWeave | $221M | Series B Link
8▼3 Dapp Development Platforms $559M 80 Animoca Brands | $110M | Series C Link
9▼7 AI Processors $526M 32 Lightmatter | $154M | Series C Link
10▲2 NLP based Text Analytics $437M 24 Cohere | $270M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

5. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Top Funded Business Models - last 1 year (2/5)
5
Rank Business Model $ Funding # Rounds Top Funding Round Details
11▲37 PC Console Blockchain Games $431M 31 Limit Break | $200M | Series D Link
12▲29 Data Science Platforms $425M 10 Dataiku | $200M | Series F Link
13-- ZK Rollups $395M 18 Matter Labs | $200M | Series C Link
14▲19 Drone-based Package Delivery Services $348M 12 Zipline | $330M | Series F Link
15▼12 Gaming Engines $347M 14 Improbable | $111M | Series D Link
16-- Computer Vision in Aviation $335M 7 Skydio | $230M | Series E Link
17-- Smart Contract Development $310M 4 Mysten Labs | $300M | Series B Link
18-- Computer Vision in Retail $309M 12 Trigo | $100M | Series C Link
19-- Mobile Crypto Wallets $300M 23 MinePlex | $100M | Series C Link
20-- Biometric verification $276M 16 Quantexa | $129M | Series E Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

6. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Top Funded Business Models - last 1 year (3/5)
6
Rank Business Model $ Funding # Rounds Top Funding Round Details
21▲8 Image Recognition $266M 28 Everseen | $71.3M | Series A Link
22▲4 Video Surveillance and Analytics $265M 40 Solink | $60.0M | Series C Link
23▼16 NFT Marketplace $260M 78 Futureverse | $54.0M | Series A Link
24-- Multi Access Edge Computing $255M 2 Mavenir | $155M | Series F Link
25▼21 PC/Console Game Developers $252M 20 Animoca Brands | $110M | Series C Link
26▼11 Machine Learning Platforms $246M 29 Hugging Face | $235M | Series D Link
27▼17 Warehouse Robotics $245M 25 ATTAbotics | $71.7M | Series C Link
28▲11 IoT in Energy $236M 28 BrainBox AI | $30.0M | Series B Link
29▼15 Location Tracking System $232M 21 Swift Navigat.. | $100M | Series D Link
30▼21 Blockchain Security $223M 31 Ledger | $109M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

7. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Top Funded Business Models - last 1 year (4/5)
7
Rank Business Model $ Funding # Rounds Top Funding Round Details
31-- Security and Surveillance Technology $214M 3 Verkada | $205M | Series D Link
32▼19 Cryptocurrency Mining $212M 18 EigenLayer | $50.0M | Series A Link
33-- SoC for IoT $201M 5 Morse Micro | $95.1M | Series B Link
34-- Superconducting Quantum Computer $196M 4 PASQAL | $109M | Series B Link
35-- IoT in Manufacturing $193M 19 I-Care | $49.0M | Series D Link
36▼5 Mobile Core Game Developers $193M 6 Animoca Brands | $110M | Series C Link
37-- Outdoor Positioning $174M 7 Swift Navigat.. | $100M | Series D Link
38▼18 Industrial Robot Manufacturers $166M 11 Neura Robotics | $55.0M | Series C Link
39-- Decentralised Exchange Protocol $165M 1 Uniswap | $165M | Series B Link
40▼32 Crypto Based Personal Loans $163M 21 Salt lending | $64.4M | Series A Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

8. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Top Funded Business Models - last 1 year (5/5)
8
Rank Business Model $ Funding # Rounds Top Funding Round Details
41-- Metaverse Development $162M 10 Improbable | $111M | Series D Link
42-- Computer Vision in Manufacturing $160M 14 Bright Machines | $100M | Series B Link
43-- Satellite IoT Connectivity $159M 6 Mangata Netwo.. | $102M | Series C Link
44-- Remote Patient Monitoring $153M 18 Electronic C.. | $42.5M | Series E Link
45▼11 Multi Purpose Robots $143M 22 Telexistence | $170M | Series B Link
46▼8 Data Annotation Tools $142M 22 Granica | $45.0M | Series A Link
47▼36 AR Glasses $139M 10 Rokid | $52.9M | Series C Link
48-- SLA 3D Printers $139M 3 SprintRay | $100M | Series D Link
49-- Blockchain Sidechain $136M 3 Blockstream | $125M | Series B Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

9. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
OpenAI (2015, United States)
$300M - Series E - Apr 2023
$10.0B - Series E - Jan 2023
Adept (2017, United States)
$350M - Series B - Mar 2023
Light Years Beyond (China)
$230M - Series D - Jun 2023
$50.0M - Series C - Mar 2023
Mistral AI (2019, France)
$113M - Seed - Jun 2023
Diveplane (2015, United States)
$25.0M - Series A - Sep 2022
View all 10 Funding Rounds on Tracxn Platform
Artificial General Intelligence
01
9
Back to index
AI Infrastructure (Arm)
(# Cos: 4714 | $54.4B)
Machine Intelligence Systems (Scale)
(# Cos: 820 | $22.0B)
Artificial General Intelligence (OpenAI)
(# Cos: 58 | $12.3B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$11.1B ( -- )
10( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$12.3B
29
-
58
8
OpenAI
(2015, United States, $11.3B)
DeepMind
(2011, United Kingdom, $50.0M)
Adept
(2017, United States, $415M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

10. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Blockchain Networks
02
10
Back to index
Blockchain Infrastructure (Animoca Brands)
(# Cos: 7118 | $26.6B)
Blockchain Network (Ripple)
(# Cos: 1740 | $9.6B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.8B (▼50%)
125(▼2.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
25
$9.6B
676
5
1740
124
Ripple
(2011, United States, $295M)
Algorand
(2017, United States, $66.0M)
Solana
(2018, United States, $374M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Mysten Labs (2021, United States)
$300M - Series B - Sep 2022
DeSo (2021, United States)
$200M - Series D - Oct 2022
Velas (2019, Switzerland)
$135M - Series D - Sep 2022
Aztec (2018, United Kingdom)
$100M - Series B - Dec 2022
Zyber 365 (2023, India)
$100M - Series A - Jul 2023
Taurus (2018, Switzerland)
$65.0M - Series B - Feb 2023
Celestia (2011, Liechtenstein)
$55.0M - Series B - Oct 2022
View all 125 Funding Rounds on Tracxn Platform

11. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Military Drone
03
11
Back to index
Drones (Skydio)
(# Cos: 4361 | $13.2B)
Military Drones (Northrop Grumman)
(# Cos: 233 | $3.8B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.5B ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
19
$3.8B
64
5
233
4
Northrop Grumman
(1939, United States, $750M)
Anduril
(2017, United States, $2.3B)
Shield AI
(2015, United States, $549M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Anduril (2017, United States)
$1.5B - Series E - Dec 2022
Shield AI (2015, United States)
$60.0M - Series E - Dec 2022
Teal Drones (2014, United States)
$1.2M - Series A - Jun 2023

12. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Inflection (2022, United States)
$1.3B - Series E - Jun 2023
Poolside (2023, France)
$26.0M - Seed - May 2023
Hyro (2018, United States)
$20.0M - Series B - May 2023
HumanFirst (2017, Canada)
$5.0M - Seed - Jul 2023
NLX (2017, United States)
$4.6M - Seed - Dec 2022
xapp.ai (2020)
$3.6M - Series A - May 2023
Ambit (2016, New Zealand)
$613K - Seed - Aug 2022
View all 11 Funding Rounds on Tracxn Platform
Conversational AI platforms
04
12
Back to index
Natural Language Processing (Elastic)
(# Cos: 2960 | $28.6B)
NLP Platforms (Otter.ai)
(# Cos: 944 | $17.4B)
Conversational AI (Gupshup)
(# Cos: 587 | $3.5B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.4B (▲330%)
11( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
37
$3.5B
202
4
587
37
Gupshup
(2004, India, $386M)
Nuance
(1992, United Kingdom)
Inflection
(2022, United States, $1.5B)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

13. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
United Aircraft Techn.. (2014, China)
$291M - Series D - Mar 2023
Beijing Zhonghangzhi .. (2012, China)
$168M - Series D - Jun 2023
$291M - Series D - Mar 2023
Skydio (2014, United States)
$230M - Series E - Feb 2023
Percepto (2014, Israel)
$67.0M - Series C - Jun 2023
Garuda Aerospace (2015, India)
$17.0M - Series A - Feb 2023
Aerofugia (2017, China)
$13.8M - Series A - Jun 2023
View all 23 Funding Rounds on Tracxn Platform
Commercial Drones
05
13
Back to index
Drones (Northrop Grumman)
(# Cos: 4361 | $13.2B)
Commercial Drones (ideaForge)
(# Cos: 1076 | $3.4B)
Multi Utility (Skydio)
(# Cos: 644 | $2.3B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.1B ( -- )
23( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
27
$2.3B
172
9
644
23
Skydio
(2014, United States, $570M)
ideaForge
(2007, India, $47.2M)
DJI
(2006, China, $105M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

14. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Distalmotion (2012, Switzerland)
$150M - Series F - Apr 2023
Cornerstone Robotics (2019, China)
$110M - Series C - Jul 2023
Think Surgical (2007, United States)
$100M - Series E - Oct 2022
Moon Surgical (2020, France)
$55.4M - Series B - May 2023
Ronovo Surgical (2019, China)
$50.0M - Series A - Dec 2022
Monteris (1999, United States)
$35.0M - Series D - Oct 2022
Ganymed Robotics (2018, France)
$14.8M - Series B - Jan 2023
View all 19 Funding Rounds on Tracxn Platform
Surgical Robots
06
14
Back to index
Professional Service Robots (GreyOrange)
(# Cos: 3013 | $27.0B)
Healthcare (Opentrons)
(# Cos: 389 | $6.7B)
Surgery (Intuitive)
(# Cos: 197 | $5.4B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$576M (▼10.7%)
19(▼26.9%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
22
$5.4B
130
13
197
32
Intuitive
(1995, United States, $17.0M)
CMR Surgical
(2014, United Kingdom, $1.0B)
TransEnterix
(2006, United States, $96.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

15. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
3D Rendering Software
07
15
Back to index
3D Animation (IMVU)
(# Cos: 687 | $2.1B)
3D Rendering (CoreWeave)
(# Cos: 77 | $644M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$561M ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$644M
17
-
77
3
CoreWeave
(2019, United States, $576M)
OTOY
(2010, United States)
YellowDog
(2015, United Kingdom, $7.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
CoreWeave (2019, United States)
$200M - Series B - May 2023
$221M - Series B - Apr 2023
$100M - Series B - Dec 2022
Well-Link Technologies (2019, China)
$40.0M - Series B - Sep 2022
Digital Life (2021, China)
Undisclosed - Angel - Oct 2022

16. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Dapp Development Platforms
08
16
Back to index
Blockchain Infrastructure (Ripple)
(# Cos: 7118 | $26.6B)
Application Development Platforms (Animoca
Brands)
(# Cos: 1224 | $5.4B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$559M (▼72%)
80(▼26.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
21
$5.4B
415
3
1224
56
Animoca Brands
(2006, China, $838M)
Alchemy
(2017, United States, $564M)
QuickNode
(2017, United States, $105M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Animoca Brands (2006, China)
$45.0M - Series C - Aug 2022
$110M - Series C - Aug 2022
Blocto (2019, Taiwan)
$80.0M - Series A - Feb 2023
QuickNode (2017, United States)
$60.0M - Series B - Jan 2023
RECUR (1998, United States)
$50.0M - Series A - Aug 2023
Tatum (2017, United States)
$41.5M - Series A - Oct 2022
nxyz (2022, United States)
$40.0M - Series A - Oct 2022
View all 80 Funding Rounds on Tracxn Platform

17. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
AI Processors
09
17
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$526M (▼82.9%)
32(▼41.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
18
$12.4B
196
14
270
61
AI Infrastructure (Scale)
(# Cos: 4714 | $54.4B)
Enabling Technologies (Graphcore)
(# Cos: 829 | $16.0B)
Hardware (SambaNova Systems)
(# Cos: 291 | $12.5B)
Processors (Arm)
(# Cos: 270 | $12.4B)
Arm
(1990, United Kingdom)
SambaNova Systems
(2017, United States, $1.1B)
Graphcore
(2016, United Kingdom, $767M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Lightmatter (2012, United States)
$154M - Series C - May 2023
Tenstorrent (2016, Canada)
$100M - Series C - Aug 2023
Celestial AI (2020, United States)
$100M - Series B - Jun 2023
EdgeQ (2020, United States)
$75.0M - Series B - Apr 2023
Kneron (2015, United States)
$48.0M - Series B - Oct 2022
SiMa.ai (2018, United States)
$37.0M - Series B - Oct 2022
NeuReality (2019, Israel)
$35.0M - Series A - Dec 2022
View all 32 Funding Rounds on Tracxn Platform

18. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Cohere (2019, Canada)
$270M - Series C - May 2023
Primer (2015, United States)
$69.0M - Series D - Jun 2023
Vectara (2014, United States)
$28.5M - Seed - May 2023
$20.0M - Seed - Oct 2022
Unstructured (2022, United States)
$25.0M - Series A - Jul 2023
AppOrchid (2013, United States)
$6.3M - Series B - Dec 2022
StoryFit (2015, United States)
$5.5M - Series A - Oct 2022
View all 24 Funding Rounds on Tracxn Platform
NLP based Text Analytics
10
18
Back to index
Natural Language Processing (Otter.ai)
(# Cos: 2960 | $28.6B)
Industry Agnostic Applications (Primer)
(# Cos: 1402 | $8.1B)
Text Analytics (Elastic)
(# Cos: 778 | $4.5B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$437M (▼49.7%)
24(▼17.2%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
89
$4.5B
311
9
778
51
Elastic
(2012, United States, $104M)
Primer
(2015, United States, $237M)
Fractal
(2000, India, $685M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

19. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
PC Console Blockchain Games
11
19
Back to index
PC & Console Gaming (Animoca Brands)
(# Cos: 8110 | $23.4B)
Blockchain Games (The Sandbox)
(# Cos: 1091 | $2.1B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$431M (▲32.8%)
31(▼73.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
10
$2.1B
360
-
1091
25
The Sandbox
(2018, Canada, $95.0M)
Sorare
(2018, France, $739M)
Ethlas
(2022, Singapore, $6.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Limit Break (2021, United States)
$200M - Series D - Aug 2022
LootMogul (2020, United States)
$200M - Series A - Sep 2022
Doodles (2021, United States)
$54.0M - Series C - Sep 2022
MEEET (2022, United Kingdom)
$30.0M - Seed - Apr 2023
Mahjong Meta (2023, Japan)
$12.0M - Series A - Aug 2023
Illuvium (2020, Australia)
$10.0M - Series A - Jun 2023
Delysium (2015, United States)
$10.0M - Series A - Oct 2022
View all 31 Funding Rounds on Tracxn Platform

20. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Dataiku (2013, United States)
$200M - Series F - Dec 2022
SingleStore (2011, United States)
$30.0M - Series F - Oct 2022
$146M - Series F - Oct 2022
Virtualitics (2016, United States)
$37.1M - Series C - May 2023
$4.2M - Series B - Dec 2022
Hopsworks (2018, United States)
$6.5M - Series A - Jun 2023
Analyttica (2012, India)
$1.5M - Seed - Jan 2023
View all 10 Funding Rounds on Tracxn Platform
Data Science Platforms
12
20
Back to index
AI Infrastructure (Arm)
(# Cos: 4714 | $54.4B)
Machine Intelligence Systems (Scale)
(# Cos: 820 | $22.0B)
Data Science Platforms (Dataiku)
(# Cos: 134 | $4.1B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$425M (▲20.1%)
10(▼28.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$4.1B
70
1
134
24
Dataiku
(2013, United States, $847M)
DataRobot
(2012, United States, $1.1B)
Anaconda
(2012, United States, $41.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

21. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
ZK Rollups
13
21
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$395M ( -- )
18( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$1.8B
28
-
45
6
Blockchain Infrastructure (Animoca Brands)
(# Cos: 7118 | $26.6B)
Middleware (MathWallet)
(# Cos: 371 | $3.5B)
Rollups (Optimism)
(# Cos: 63 | $2.2B)
Zero Knowledge (StarkWare)
(# Cos: 45 | $1.8B)
StarkWare
(2017, Israel, $262M)
Matter Labs
(2019, Germany, $458M)
Immutable
(2018, Australia, $857M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Matter Labs (2019, Germany)
$200M - Series C - Nov 2022
Layr Labs (2021, United States)
$56.7M - Series C - Mar 2023
Scroll (2013, Seychelles)
$50.0M - Series B - Mar 2023
Proven (2022, United States)
$15.8M - Seed - Mar 2023
Taiko (2022, China)
$12.0M - Seed - Jun 2023
LayerAI (2022, United Arab Emirates)
$10.0M - Series A - Apr 2023
Caldera (2022, United States)
$9.0M - Seed - Feb 2023
View all 18 Funding Rounds on Tracxn Platform

22. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Drone-based Package Delivery Services
14
22
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$348M (▼18.2%)
12(▼14.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$1.7B
60
2
129
12
Drones (Northrop Grumman)
(# Cos: 4361 | $13.2B)
Tech Enabled Services (Drone Racing League)
(# Cos: 1397 | $3.1B)
Logistics (Flytrex)
(# Cos: 135 | $1.7B)
Drone Delivery (Zipline)
(# Cos: 129 | $1.7B)
Zipline
(2014, United States, $900M)
Flytrex
(2013, Israel, $60.0M)
Elroy Air
(2016, United States, $60.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Zipline (2014, United States)
$330M - Series F - May 2023
Swoop Aero (2017, Australia)
$10.0M - Series B - Dec 2022
Avion (2018, United States)
$4.7M - Series A - Aug 2023
Aviant (2020, Norway)
$2.3M - Seed - Nov 2022
FlyingBasket (2015, Italy)
$2.1M - Seed - Jun 2023
Speedbird (2019, Brazil)
$2.1M - Seed - Aug 2023
Drone Express (2011, United States)
$1.7M - Seed - Aug 2023
View all 12 Funding Rounds on Tracxn Platform

23. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Improbable (2012, United Kingdom)
$111M - Series D - Oct 2022
Animoca Brands (2006, China)
$38.0M - Series C - Sep 2022
$45.0M - Series C - Aug 2022
$110M - Series C - Aug 2022
Argus Labs (2022, United States)
$10.0M - Seed - Dec 2022
Createra (2022)
$10.0M - Series A - Jan 2023
MetaGravity (2021, United Kingdom)
$9.5M - Seed - Apr 2023
View all 14 Funding Rounds on Tracxn Platform
Gaming Engines
15
23
Back to index
Gaming Tech (Unity)
(# Cos: 4741 | $18.6B)
Development (Improbable)
(# Cos: 69 | $4.2B)
Game Engines (Animoca Brands)
(# Cos: 64 | $4.2B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$347M (▼86.9%)
14(▼48.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$4.2B
45
1
64
15
Animoca Brands
(2006, China, $838M)
Improbable
(2012, United Kingdom, $1.1B)
Immutable
(2018, Australia, $857M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

24. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Skydio (2014, United States)
$230M - Series E - Feb 2023
Helm (2016, United States)
$55.0M - Series C - Dec 2022
Slingshot Aer.. (2016, United States)
$40.8M - Series A - Dec 2022
Buzz Solutions (2017, United States)
$3.3M - Series A - Dec 2022
Optelos (2016, United States)
$3.3M - Series A - Oct 2022
Aiir Innovations (2016, Netherlands)
$2.1M - Series A - Feb 2023
Assaia (2017, Switzerland)
Undisclosed - Seed - Jun 2023
Computer Vision in Aviation
16
24
Back to index
Computer Vision (Mobileye)
(# Cos: 2894 | $30.2B)
Industry Specific Applications (Trax)
(# Cos: 1155 | $18.3B)
Aviation (Skydio)
(# Cos: 68 | $1.1B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$335M ( -- )
7( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$1.1B
38
-
68
11
Skydio
(2014, United States, $570M)
Slingshot Aerospace
(2016, United States, $111M)
Helm
(2016, United States, $124M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

25. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Smart Contract Development
17
25
Back to index
Smart Contracts (CertiK)
(# Cos: 674 | $2.1B)
Contract Development (Mysten Labs)
(# Cos: 191 | $514M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$310M ( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$514M
44
-
191
9
Mysten Labs
(2021, United States, $336M)
Fantom
(2018, South Korea, $40.0M)
Symbiont
(2013, United States, $31.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Mysten Labs (2021, United States)
$300M - Series B - Sep 2022
Neutron (2000)
$10.0M - Series A - Jun 2023
xMentium (2019, United States)
$2.4M - Series A - Feb 2023
Datachain (2018, Japan)
Undisclosed - Seed - Jun 2023

26. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Trigo (2018, Israel)
$100M - Series C - Oct 2022
Everseen (2007, Ireland)
$71.3M - Series A - May 2023
Nimble (2017, United States)
$65.0M - Series B - Mar 2023
Mad Street Den (2016, United States)
$30.0M - Series C - Jan 2023
RADAR (2013, United States)
$30.0M - Series A - Jul 2023
Impact Analyt.. (2015, United States)
$10.0M - Series B - Oct 2022
Traxlo (2019, Sweden)
$1.2M - Seed - May 2023
View all 12 Funding Rounds on Tracxn Platform
Computer Vision in Retail
18
26
Back to index
Computer Vision (Mobileye)
(# Cos: 2894 | $30.2B)
Industry Specific Applications (Skydio)
(# Cos: 1155 | $18.3B)
Retail (Trax)
(# Cos: 139 | $2.4B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$309M ( -- )
12( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$2.4B
77
1
139
28
Trax
(2010, Singapore, $1.0B)
Standard
(2017, United States, $231M)
Trigo
(2018, Israel, $199M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

27. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Mobile Crypto Wallets
19
27
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$300M ( -- )
23( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
13
$1.1B
136
1
826
20
Cryptocurrencies (Huobi)
(# Cos: 25140 | $41.1B)
Wallet (Ledger)
(# Cos: 1900 | $2.4B)
Hot Wallets (imToken)
(# Cos: 1258 | $1.4B)
Mobile Wallets (Argent)
(# Cos: 826 | $1.1B)
Argent
(2017, United Kingdom, $56.0M)
imToken
(2016, Singapore, $40.0M)
Rainbow
(2019, United States, $19.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
MinePlex (2020, Singapore)
$100M - Series C - Oct 2022
Tomi (2000, United Kingdom)
$40.0M - Series C - Mar 2023
BitKeep (2018, Cayman Islands)
$30.0M - Series B - Mar 2023
Kresus (2022, United States)
$25.0M - Series A - Mar 2023
OneKey (2020, China)
$20.0M - Series A - Sep 2022
Easy (2021, United States)
$14.2M - Seed - Jan 2023
Deblock (1995, United Kingdom)
$11.9M - Seed - Oct 2022
View all 23 Funding Rounds on Tracxn Platform

28. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Quantexa (2016, United Kingdom)
$129M - Series E - Apr 2023
MPCH Labs (2022, United Kingdom)
$40.0M - Series A - Sep 2022
HYPR (2014, United States)
$25.0M - Series C - Dec 2022
Evident (2016, United States)
$14.0M - Series C - Sep 2022
Mypinpad (2012, United Kingdom)
$13.0M - Series C - Jun 2023
ThreatFabric (2018, Netherlands)
$12.6M - Seed - May 2023
SKUx (2018, United States)
$11.0M - Series A - Dec 2022
View all 16 Funding Rounds on Tracxn Platform
Biometric verification
20
28
Back to index
Image Recognition (Scandit)
(# Cos: 2165 | $16.3B)
Applications (Trax)
(# Cos: 855 | $9.5B)
Identity Verification (Pindrop Security)
(# Cos: 483 | $3.6B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$276M ( -- )
16( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
60
$3.6B
197
10
483
41
Pindrop Security
(2011, United States, $228M)
Quantexa
(2016, United Kingdom, $371M)
Clear
(2010, United States, $135M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

29. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Image Recognition
21
29
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$266M (▼47.6%)
28(▼48.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
102
$6.3B
452
25
1212
75
AI Infrastructure (Scale)
(# Cos: 4714 | $54.4B)
Computer Vision (Yoti)
(# Cos: 2074 | $9.4B)
Object Recognition (HYPR)
(# Cos: 1288 | $6.5B)
Image Analysis (SenseTime)
(# Cos: 1234 | $6.4B)
Image Recognition (Featurespace)
(# Cos: 1212 | $6.3B)
Featurespace
(2008, United Kingdom, $111M)
SenseTime
(2014, China, $2.8B)
HYPR
(2014, United States, $97.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Everseen (2007, Ireland)
$71.3M - Series A - May 2023
MPCH Labs (2022, United Kingdom)
$40.0M - Series A - Sep 2022
HYPR (2014, United States)
$25.0M - Series C - Dec 2022
IronVest (2022, United States)
$23.0M - Seed - Oct 2022
Mypinpad (2012, United Kingdom)
$13.0M - Series C - Jun 2023
ThreatFabric (2018, Netherlands)
$12.6M - Seed - May 2023
SKUx (2018, United States)
$11.0M - Series A - Dec 2022
View all 28 Funding Rounds on Tracxn Platform

30. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Video Surveillance and Analytics
22
30
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$265M (▼53.4%)
40(▼35.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
115
$7.0B
485
21
1365
68
Security & Surveillance Technology (Samsara)
(# Cos: 13985 | $33.3B)
Surveillance (Blink)
(# Cos: 3275 | $11.6B)
Video Surveillance (Eagle Eye Networks)
(# Cos: 3249 | $11.5B)
Analytics (Trax)
(# Cos: 1365 | $7.0B)
Trax
(2010, Singapore, $1.0B)
Scandit
(2009, Switzerland, $273M)
SenseTime
(2014, China, $2.8B)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Solink (2009, Canada)
$60.0M - Series C - Jul 2023
CYREBRO (2012, Israel)
$40.0M - Series C - Sep 2022
Aiola (2003, Israel)
$25.0M - Series A - Jan 2023
XXII (2015, France)
$23.9M - Series A - Mar 2023
Lassen Peak (2019, United States)
$16.0M - Series A - Oct 2022
Abyss Solutions (2014, Australia)
$15.0M - Series B - Nov 2022
nyris (2015, Germany)
$10.8M - Series A - Apr 2023
View all 40 Funding Rounds on Tracxn Platform

31. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
NFT Marketplace
23
31
Back to index
Non Fungible Tokens (Animoca Brands)
(# Cos: 6875 | $14.5B)
Marketplaces (Gemini)
(# Cos: 1978 | $2.4B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$260M (▼80.2%)
78(▼35.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$2.4B
418
1
1978
25
Gemini
(2014, United States, $400M)
OpenSea
(2017, United States, $427M)
Kraken
(2011, United States, $32.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Futureverse (2022, United States)
$54.0M - Series A - Jul 2023
OP3N (2021, United States)
$28.0M - Series A - Mar 2023
Euclid Labs (2021, United States)
$16.2M - Series C - Feb 2023
$27.6M - Series B - Feb 2023
Jungle (2021, United Arab Emirates)
$16.0M - Series B - Jul 2023
YOOM (2016, Israel)
$15.0M - Series B - Oct 2022
Metatime (2019, Turkey)
$11.0M - Seed - Mar 2023
View all 78 Funding Rounds on Tracxn Platform

32. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Mavenir (2005, United States)
$100M - Series F - May 2023
$155M - Series F - Oct 2022
Multi Access Edge Computing
24
32
Back to index
Edge Computing (Fastly)
(# Cos: 441 | $8.1B)
Edge Networking (Cradlepoint)
(# Cos: 68 | $2.7B)
Multi Access Edge Computing (Mavenir)
(# Cos: 9 | $908M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$255M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$908M
4
1
9
0
Mavenir
(2005, United States, $860M)
Saguna
(2008, Israel, $12.2M)
Vasona Networks
(2010, Israel, $36.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

33. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Animoca Brands (2006, China)
$38.0M - Series C - Sep 2022
$45.0M - Series C - Aug 2022
$110M - Series C - Aug 2022
Horizon (2015, United States)
$40.0M - Series A - Oct 2022
Jot Art (2014)
$20.0M - Series B - Sep 2022
Gameplay Galaxy (2022, United States)
$12.8M - Seed - Sep 2022
Tabi (2021, United States)
$10.0M - Angel - May 2023
View all 20 Funding Rounds on Tracxn Platform
PC/Console Game Developers
25
33
Back to index
PC & Console Gaming (Roblox)
(# Cos: 8110 | $23.4B)
Game Developers (Immutable)
(# Cos: 210 | $3.5B)
PC & Console Games (Animoca Brands)
(# Cos: 195 | $3.4B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$252M (▼88.2%)
20(▼62.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$3.4B
85
1
195
27
Animoca Brands
(2006, China, $838M)
Immutable
(2018, Australia, $857M)
Sky Mavis
(2019, Vietnam, $311M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

34. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Hugging Face (2016, France)
$235M - Series D - Aug 2023
Reka (2022, United States)
$58.0M - Series A - Jun 2023
Weights & Bia.. (2017, United States)
$50.0M - Series C - Aug 2023
Striveworks (2018, United States)
$33.0M - Series C - Jun 2023
MindsDB (2017, United States)
$25.0M - Series B - Jun 2023
Calypso (2018, United States)
$23.0M - Series A - Jun 2023
Kumo (2021, United States)
$18.0M - Series B - Sep 2022
View all 29 Funding Rounds on Tracxn Platform
Machine Learning Platforms
26
34
Back to index
AI Infrastructure (Arm)
(# Cos: 4714 | $54.4B)
Machine Intelligence Systems (Hugging Face)
(# Cos: 820 | $22.0B)
Machine Learning Platforms (Scale)
(# Cos: 371 | $4.8B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$246M (▼68.4%)
29(▼23.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
20
$4.8B
156
-
371
38
Scale
(2016, United States, $603M)
Hugging Face
(2016, France, $400M)
Determined AI
(2017, United States, $13.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

35. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
ATTAbotics (2015, Canada)
$71.7M - Series C - Nov 2022
Nimble (2017, United States)
$65.0M - Series B - Mar 2023
PlusOne Robot.. (2015, United States)
$50.0M - Series C - Mar 2023
Ambi Robotics (2018, United States)
$32.0M - Series B - Oct 2022
ForwardX (2016, China)
$30.0M - Series C - Jul 2023
Pickle Robot (2018, United States)
$26.0M - Series A - Nov 2022
Fox Robotics (2018, United States)
$20.0M - Series B - Oct 2022
View all 25 Funding Rounds on Tracxn Platform
Warehouse Robotics
27
35
Back to index
Professional Service Robots (Nuro)
(# Cos: 3013 | $27.0B)
Logistics (RightHand Robotics)
(# Cos: 556 | $7.3B)
Warehouse Automation (GreyOrange)
(# Cos: 498 | $6.9B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$245M (▼78.6%)
25(▼52.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
38
$6.9B
169
8
498
44
GreyOrange
(2012, United States, $410M)
RightHand Robotics
(2014, United States, $125M)
Third Wave Automation
(2018, United States, $70.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

36. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
BrainBox AI (2017, Canada)
$30.0M - Series B - Apr 2023
Sensor Fact (2016, Netherlands)
$28.1M - Series C - Jul 2023
Operto (2005, Canada)
$25.0M - Series B - Mar 2023
Ai-grid Solutions (2004, Japan)
$21.0M - Series B - Aug 2023
Therma (2019, United States)
$19.0M - Series A - Feb 2023
Runwise (2010, United States)
$19.0M - Series A - Nov 2022
Everactive (2012, United States)
$18.7M - Series C - Nov 2022
View all 28 Funding Rounds on Tracxn Platform
IoT in Energy
28
36
Back to index
IoT Applications (Samsara)
(# Cos: 6910 | $18.8B)
Industry Specific (Latch)
(# Cos: 5431 | $16.5B)
Energy (Voltus)
(# Cos: 1681 | $4.3B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$236M (▼41.6%)
28(▼30%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
163
$4.3B
569
27
1681
50
Voltus
(2016, United States, $66.2M)
BrainBox AI
(2017, Canada, $103M)
BluWave-ai
(2017, Canada, $17.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

37. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Location Tracking System
29
37
Back to index
Security & Surveillance Technology (Trax)
(# Cos: 13985 | $33.3B)
Location Tracking (Samsara)
(# Cos: 3856 | $5.0B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$232M (▼70.6%)
21(▼48.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
103
$5.0B
509
19
3856
57
Samsara
(2015, United States, $930M)
Life360
(2008, United States, $89.7M)
FourKites
(2014, United States, $243M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Swift Navigat.. (2012, United States)
$100M - Series D - Oct 2022
Project44 (2014, United States)
$80.0M - Series G - Nov 2022
$20.0M - Series F - Sep 2022
Intangles (2015, India)
$10.0M - Series A - Feb 2023
FourKites (2014, United States)
$10.0M - Series D - Sep 2022
InnerSpace (2014, Canada)
$7.5M - Series A - Aug 2023
Geoflex (2012, France)
$6.4M - Series A - Mar 2023
View all 21 Funding Rounds on Tracxn Platform

38. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Ledger (2014, France)
$109M - Series C - Mar 2023
TRM (2018, United States)
$70.0M - Series B - Nov 2022
Magic (2019, United States)
$52.0M - Series B - May 2023
Iron Fish (2020, United States)
$27.7M - Series B - Apr 2023
Beosin (2018, Singapore)
$20.0M - Series A - Nov 2022
SpiderOak (2007, United States)
$16.4M - Series C - Jan 2023
Omni (2021, United States)
$11.0M - Seed - Sep 2022
View all 31 Funding Rounds on Tracxn Platform
Blockchain Security
30
38
Back to index
Blockchain Infrastructure (Animoca Brands)
(# Cos: 7119 | $26.6B)
Enablers (Chainalysis)
(# Cos: 711 | $3.4B)
Security (Ledger)
(# Cos: 304 | $3.0B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$223M (▼81.3%)
31(▼13.9%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$3.0B
129
2
304
33
Ledger
(2014, France, $575M)
Chainalysis
(2014, United States, $537M)
CertiK
(2018, United States, $290M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

39. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Security and Surveillance Technology
31
39
Back to index
Security & Surveillance Technology (Samsara)
(# Cos: 13985 | $33.3B)
Suite (Alarm.com)
(# Cos: 744 | $2.3B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$214M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
57
$2.3B
98
19
744
11
Alarm.com
(2000, United States, $137M)
ADT
(1874, United States, $24.1M)
Verkada
(2016, United States, $357M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Verkada (2016, United States)
$205M - Series D - Sep 2022
Qualinx (2015, Netherlands)
$8.5M - Series A - Feb 2023
Shipshape (2017, United States)
Undisclosed - Seed - May 2023

40. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Cryptocurrency Mining
32
40
Back to index
Blockchain Infrastructure (Animoca Brands)
(# Cos: 7119 | $26.6B)
Mining (Bitmain)
(# Cos: 2277 | $3.3B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$212M (▼74.8%)
18(▼53.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
22
$3.3B
206
22
2277
30
Bitmain
(2013, China, $950M)
Helium
(2013, United States, $370M)
Core Scientific
(2017, United States, $49.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
EigenLayer (2021, United States)
$50.0M - Series A - Mar 2023
Arkon Energy (2014, Australia)
$26.0M - Series A - Jun 2023
$28.0M - Series A - Nov 2022
P2P (2018, Cayman Islands)
$23.0M - Series A - Apr 2023
IZUMI (2021, Japan)
$22.0M - Series B - Apr 2023
Kiln (2022, France)
$17.7M - Series A - Nov 2022
Compute North (2017, United States)
$10.0M - Series C - Oct 2022
View all 18 Funding Rounds on Tracxn Platform

41. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Morse Micro (2016, Australia)
$20.2M - Series B - Nov 2022
$95.1M - Series B - Sep 2022
EdgeQ (2020, United States)
$75.0M - Series B - Apr 2023
Aspinity (2013, United States)
$10.9M - Series B - Jul 2023
SENASIC (2015, China)
Undisclosed - Series D - Jul 2023
SoC for IoT
33
41
Back to index
Internet of Things Infrastructure (Cradlepoint)
(# Cos: 5286 | $28.2B)
IoT Chips (Qorvo)
(# Cos: 348 | $7.1B)
SoC (Rambus)
(# Cos: 92 | $2.7B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$201M ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$2.7B
65
10
92
7
Rambus
(1990, United States)
Espressif
(2007, China, $3.3M)
Morse Micro
(2016, Australia, $149M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

42. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Superconducting Quantum Computer
34
42
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$196M ( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$582M
11
-
11
4
Quantum Computing (Zapata Computing)
(# Cos: 472 | $4.5B)
Quantum Hardware (IQM)
(# Cos: 141 | $2.9B)
Computers (IonQ)
(# Cos: 45 | $2.0B)
Universal Quantum (PsiQuantum)
(# Cos: 36 | $1.8B)
Superconducting Qubit (Rigetti
Computing)
(# Cos: 11 | $582M)
Rigetti Computing
(2013, United States, $198M)
Quantum Circuits Limited
(2007, United Kingdom, $50.2M)
PASQAL
(2019, France, $152M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
PASQAL (2019, France)
$109M - Series B - Jan 2023
Quantum Motion (2017, United
Kingdom)
$50.5M - Series B - Feb 2023
Oxford Ionics (2019, United Kingdom)
$36.3M - Series A - Jan 2023
Quantum Circ.. (2007, United Kingdom)
$1.1M - Series A - Feb 2023

43. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
I-Care (2004, Belgium)
$49.0M - Series D - Sep 2022
Litmus (2014, United States)
$30.0M - Series B - Sep 2022
Fruitcore Robotics (2017, Germany)
$24.3M - Series B - Dec 2022
Infinite Uptime (2015, India)
$18.9M - Series B - May 2023
RobCo (2020, Germany)
$13.7M - Series A - Dec 2022
Raven Telemetry (2013, Canada)
$12.0M - Series A - Jan 2023
Nanoprecise (2015, Canada)
$10.0M - Series B - Jan 2023
View all 19 Funding Rounds on Tracxn Platform
IoT in Manufacturing
35
43
Back to index
IoT Applications (Samsara)
(# Cos: 6910 | $18.8B)
Industry Specific (Latch)
(# Cos: 5431 | $16.5B)
Manufacturing (Augury)
(# Cos: 504 | $1.7B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$193M ( -- )
19( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
23
$1.7B
178
-
504
44
Augury
(2012, United States, $294M)
Cognite
(2016, Norway, $225M)
Detect Technologies
(2016, India, $45.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

44. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Animoca Brands (2006, China)
$38.0M - Series C - Sep 2022
$45.0M - Series C - Aug 2022
$110M - Series C - Aug 2022
Horizon (2015, United States)
$40.0M - Series A - Oct 2022
Hexacore (2019, Poland)
$3.5M - Seed - Jul 2023
Bravo Ready (2022, Canada)
Undisclosed - Seed - Mar 2023
Mobile Core Game Developers
36
44
Back to index
Mobile Gaming (Roblox)
(# Cos: 14802 | $20.6B)
Game Developers (Horizon)
(# Cos: 23 | $936M)
Core (Animoca Brands)
(# Cos: 12 | $904M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$193M (▼61.5%)
6(▲20%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$904M
8
1
12
3
Animoca Brands
(2006, China, $838M)
Horizon
(2015, United States, $53.3M)
Gala
(2020, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

45. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Outdoor Positioning
37
45
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$174M ( -- )
7( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$746M
42
2
440
15
Geographic Information Systems (HERE)
(# Cos: 4590 | $11.9B)
Positioning & Navigation (What3words)
(# Cos: 1100 | $2.1B)
Positioning (Kinexon)
(# Cos: 663 | $1.5B)
Outdoor (Point One Navigation)
(# Cos: 440 | $746M)
Point One Navigation
(2016, United States, $17.5M)
Agri Info Design
(2013, Japan, $2.8M)
Advanced Navigation
(2012, Australia, $101M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Swift Navigat.. (2012, United States)
$100M - Series D - Oct 2022
Advanced Navigation (2012, Australia)
$68.0M - Series B - Nov 2022
Focal Point .. (2015, United Kingdom)
Undisclosed - Series C - Jan 2023
$26.4M - Series C - Sep 2022
Geoflex (2012, France)
$6.4M - Series A - Mar 2023
Fixposition (2017, Switzerland)
Undisclosed - Seed - Dec 2022
Bynav Technology (2013, China)
Undisclosed - Seed - Jun 2023

46. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Neura Robotics (2019, Germany)
$55.0M - Series C - Jul 2023
Emergen (2017, China)
$50.2M - Series C - Dec 2022
Fruitcore Robotics (2017, Germany)
$24.3M - Series B - Dec 2022
1X (2014, Norway)
$23.5M - Series A - Mar 2023
sereact (2021, Germany)
$5.0M - Seed - Aug 2023
SysDesign (2013, Italy)
$3.2M - Series A - Jan 2023
NAU Robotics (2016, South Korea)
$3.0M - Series A - Apr 2023
View all 11 Funding Rounds on Tracxn Platform
Industrial Robot Manufacturers
38
46
Back to index
Industrial Robotics (Ouster)
(# Cos: 1416 | $6.2B)
Robot Manufacturers (Gecko Robotics)
(# Cos: 725 | $2.6B)
Multi Utility Robots (Universal Robots)
(# Cos: 365 | $1.8B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$166M (▼73.5%)
11(▼42.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
29
$1.8B
112
18
365
26
Universal Robots
(2005, Denmark, $5.3M)
FANUC
(1972, Japan)
Vicarious
(2010, United States, $250M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

47. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Uniswap (2018, United States)
$165M - Series B - Oct 2022
Decentralised Exchange Protocol
39
47
Back to index
Decentralized Autonomous Organizations
(Compound)
(# Cos: 471 | $1.9B)
Protocol DAOs (1inch)
(# Cos: 142 | $905M)
Decentralized Exchanges (Uniswap)
(# Cos: 20 | $413M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$165M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$413M
16
-
20
9
Uniswap
(2018, United States, $176M)
1inch
(2020, United Kingdom, $14.8M)
ShapeShift
(2014, United Kingdom, $15.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

48. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Crypto Based Personal Loans
40
48
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$163M (▼86.6%)
21(▼57.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$2.0B
173
-
422
41
Cryptocurrencies (Huobi)
(# Cos: 25141 | $41.1B)
Financial Services (Gemini)
(# Cos: 3566 | $8.8B)
Lending (Centrifuge)
(# Cos: 532 | $2.2B)
Consumer Loans (Aave)
(# Cos: 449 | $2.0B)
Personal Loans (Compound)
(# Cos: 422 | $2.0B)
Compound
(2017, United States, $78.9M)
Aave
(2017, United Kingdom, $29.5M)
Ledn
(2018, Canada, $104M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Salt lending (2016, United States)
$64.4M - Series A - Feb 2023
Compound (2017, United States)
$37.6M - Series B - Nov 2022
MetaStreet (2021, United States)
$10.0M - Seed - Oct 2022
Credora (2019, United States)
$6.0M - Series A - Apr 2023
Fractal (2021, United States)
$6.0M - Seed - Apr 2023
Curve (2020, Switzerland)
$5.0M - Series A - Aug 2023
Rodeo Finance (2022)
$5.0M - Series A - Apr 2023
View all 21 Funding Rounds on Tracxn Platform

49. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Improbable (2012, United Kingdom)
$111M - Series D - Oct 2022
Hadean (2017, United Kingdom)
$5.0M - Series A - Mar 2023
$30.0M - Series A - Sep 2022
Istari (2022, United States)
$13.0M - Seed - Feb 2023
MetaGravity (2021, United Kingdom)
$9.5M - Seed - Apr 2023
Passage (2022, United States)
$6.0M - Seed - Jul 2023
Fectar (2018, Netherlands)
$2.7M - Angel - Feb 2023
View all 10 Funding Rounds on Tracxn Platform
Metaverse Development
41
49
Back to index
Metaverse (Roblox)
(# Cos: 1060 | $5.3B)
Infrastructure (Spatial)
(# Cos: 168 | $1.3B)
Metaverse Development (Improbable)
(# Cos: 134 | $1.3B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$162M ( -- )
10( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.3B
48
-
134
7
Improbable
(2012, United Kingdom, $1.1B)
Spatial
(2016, United States, $66.8M)
Hadean
(2017, United Kingdom, $65.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

50. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Bright Machines (2018, United States)
$100M - Series B - Oct 2022
Protex AI (2020, Ireland)
$18.0M - Series A - Aug 2022
Invisible AI (2018, United States)
$15.0M - Series A - Sep 2022
DexForce Technology Co (2021, China)
$14.0M - Seed - Oct 2022
SwitchOn (2017, India)
$4.2M - Series A - Apr 2023
iCore-corp (2019, South Korea)
$3.8M - Series A - Apr 2023
SixSense (2018, Singapore)
$2.6M - Series A - Oct 2022
View all 14 Funding Rounds on Tracxn Platform
Computer Vision in Manufacturing
42
50
Back to index
Computer Vision (Skydio)
(# Cos: 2894 | $30.2B)
Industry Specific Applications (Trax)
(# Cos: 1155 | $18.3B)
Manufacturing (Cognex)
(# Cos: 234 | $1.0B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$160M ( -- )
14( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
17
$1.0B
118
3
234
25
Cognex
(1981, United States)
Drishti
(2017, United States, $35.0M)
Bright Machines
(2018, United States, $330M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

51. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Mangata Netwo.. (2020, United States)
$102M - Series C - Dec 2022
Fleet Space (2018, Australia)
$33.1M - Series C - May 2023
Hubble Network (2021, United States)
$20.0M - Series A - May 2023
OQ Technology (2016, Luxembourg)
$13.0M - Series A - Sep 2022
Sateliot (2018, United States)
$10.0M - Series A - Sep 2022
eSAT Global (2017, United States)
Undisclosed - Seed - Oct 2022
Satellite IoT Connectivity
43
51
Back to index
Internet of Things Infrastructure (Cradlepoint)
(# Cos: 5286 | $28.2B)
IoT Connectivity (Truphone)
(# Cos: 531 | $8.1B)
Satellite (Astrocast)
(# Cos: 32 | $4.8B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$159M ( -- )
6( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$4.8B
21
2
32
5
Astrocast
(2014, Switzerland, $13.4M)
Iridium Communications
(2001, United States)
Swarm Technologies
(2016, United States, $28.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

52. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Electronic Ca.. (2009, United States)
$42.5M - Series E - Oct 2022
Vital Connect (2011, United States)
$30.0M - Series F - Jul 2023
Cardiosense (2000, United States)
$15.1M - Series A - Dec 2022
Nutromics (2017, Australia)
$8.2M - Seed - Jun 2023
$14.0M - Seed - Sep 2022
Acurable (2016, United Kingdom)
$10.8M - Series A - Oct 2022
Tricog (2015, India)
$8.5M - Series B - Apr 2023
View all 18 Funding Rounds on Tracxn Platform
Remote Patient Monitoring
44
52
Back to index
Wearable Technology (HealthifyMe)
(# Cos: 7448 | $25.6B)
Health and Wellness Devices (Dexcom)
(# Cos: 3290 | $12.1B)
Remote Patient Monitoring
(BioIntelliSense)
(# Cos: 277 | $1.9B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$153M ( -- )
18( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$1.9B
137
5
277
23
BioIntelliSense
(2018, United States, $82.0M)
Cloud
(2014, United States, $3.1M)
Vital Connect
(2011, United States, $140M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

53. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Multi Purpose Robots
45
53
Back to index
Professional Service Robots (GreyOrange)
(# Cos: 3013 | $27.0B)
Multi Utility (ABB)
(# Cos: 481 | $3.9B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$143M (▼65.9%)
22(▼18.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
19
$3.9B
160
6
481
39
ABB
(1883, Switzerland)
Sarcos
(1983, United States, $85.7M)
Telexistence
(2017, Japan, $210M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Telexistence (2017, Japan)
$170M - Series B - Jul 2023
CloudMinds (2015, United States)
$139M - Series C - Jul 2023
Figure (2022, United States)
$9.0M - Series A - Jul 2023
$70.0M - Series A - May 2023
Copperstone Technolo.. (2014, Canada)
$5.8M - Series A - Dec 2022
Agadexo Exoskeleton (2020, Italy)
$4.3M - Series A - May 2023
Keybotic (2019, Spain)
$3.3M - Seed - May 2023
View all 22 Funding Rounds on Tracxn Platform

54. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Data Annotation Tools
46
54
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$142M (▼65.3%)
22(▼21.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$1.5B
100
1
252
27
AI Infrastructure (Scale)
(# Cos: 4714 | $54.4B)
Enabling Technologies (Arm)
(# Cos: 829 | $16.0B)
Software (Appen)
(# Cos: 526 | $3.3B)
Training Data (Snorkel AI)
(# Cos: 252 | $1.5B)
Snorkel AI
(2019, United States, $138M)
Appen
(1996, Australia)
Clarifai
(2013, United States, $101M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Granica (2019, United States)
$45.0M - Series A - Jun 2023
Gensyn (2020, United Kingdom)
$43.0M - Series A - Jun 2023
DataLoop (2017, Israel)
$33.0M - Series B - Nov 2022
Superb AI (2018, United States)
$16.0M - Series B - Sep 2022
RedBrick AI (2020, United States)
$4.6M - Seed - Nov 2022
Co-one (2020, Estonia)
$4.6M - Seed - Jan 2023
Datasaur (2019, United States)
$4.0M - Seed - Aug 2023
View all 22 Funding Rounds on Tracxn Platform

55. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
AR Glasses
47
55
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$139M (▼84.1%)
10(▼54.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$5.7B
65
2
116
19
Augmented Reality (Niantic)
(# Cos: 4488 | $11.8B)
Display Devices (Looking Glass Factory)
(# Cos: 297 | $6.8B)
Screen-based (Varjo)
(# Cos: 182 | $6.2B)
Smart Glasses (Magic Leap)
(# Cos: 116 | $5.7B)
Magic Leap
(2011, United States, $3.5B)
Nreal
(2017, China, $260M)
RealWear
(2016, United States, $126M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Rokid (2014, United States)
$52.9M - Series C - Nov 2022
$40.0M - Series C - Sep 2022
Qidi Technology (2021, China)
$14.4M - Angel - Sep 2022
Qidi (2021, China)
$14.4M - Angel - Sep 2022
Beijing Zhige Technol.. (2019, China)
$13.9M - Series A - Jul 2023
Cellid (2003, Japan)
$3.7M - Series A - Dec 2022
Ningbo Boyu Technology (2019, China)
Undisclosed - Series A - Feb 2023
View all 10 Funding Rounds on Tracxn Platform

56. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
SLA 3D Printers
48
56
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$139M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$488M
9
-
50
1
3D Printing (Xometry)
(# Cos: 4323 | $10.1B)
Hardware (TRUMPF)
(# Cos: 2066 | $5.0B)
3D Printers (Mark Forged)
(# Cos: 1345 | $4.4B)
Desktop (Fortify)
(# Cos: 758 | $1.5B)
Technology based (Glowforge)
(# Cos: 709 | $1.4B)
Stereolithography (SLA) (Formlabs)
(# Cos: 50 | $488M)
Formlabs
(2011, United States, $253M)
BMF Boston Micro Fabri..
(2016, United States, $81.0M)
SprintRay
(2014, United States, $100M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
SprintRay (2014, United States)
$100M - Series D - Oct 2022
BMF Boston Mi.. (2016, United States)
$24.0M - Series D - Aug 2023
Quantica (2016, Germany)
$15.3M - Series A - Apr 2023

57. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Recent Funding Rounds
Blockstream (2014, Canada)
$125M - Series B - Jan 2023
Calimero (2022, United Kingdom)
$8.5M - Seed - Nov 2022
Smooth Labs (2022, Singapore)
$2.0M - Seed - Mar 2023
Blockchain Sidechain
49
57
Back to index
Blockchain Infrastructure (Animoca Brands)
(# Cos: 7119 | $26.6B)
Middleware (StarkWare)
(# Cos: 371 | $3.5B)
Sidechain (Blockstream)
(# Cos: 65 | $613M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$136M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$613M
25
-
65
7
Blockstream
(2014, Canada, $436M)
Orbs
(2017, Israel, $15.4M)
Lightning Labs
(2016, United States, $82.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

58. High Tech - Top Business Models Report Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Recent funding rounds
Investment Trends
Most Active Investors
Top Funded Business Models
Explore more on Tracxn
All Tech Companies
US Tech Companies
Online Travel Companies
Companies using AI in Healthcare
Companies founded by Stanford GSB Alumni
Soonicorn club in Fintech
Analyst Picks in Israel Tech
Key News in FinTech
Events in Bay Area
Angel Investors in United States
Bluebox
Companies Investment Activity
Miscellaneous
Company Detail Page of DoorDash
Competitors of Freshworks
Cap Table for TransferWise
Financials for Ola
Employee Count for Revolut
Company Due Diligence Exits
Public Companies
Acquired Companies
Most Active Acquirers
Reports
Delhivery - Company Report
Novel Foods - Business Model Report
HRTech - Feed Report
FinTech - Top Business Models Report
US Tech - Top Business Models Report
US Tech - Monthly Report
58

59. High Tech - Top Business Models Report Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Explore other Reports on Tracxn
HRTech
InsurTech
Food Tech
Novel Foods
Blockchain Network
P2P Remittance
Business Model Reports
FinTech Europe
Consumer Digital SEA
HiTech US
Feed Geo Reports
Company Reports
Monthly Unicorn Report
Unicorn Reports
Transferwise
Coursera
BigBasket
Feed Reports Top Business Models in PA
FinTech
Enterprise Applications
Artificial Intelligence
Geo Monthly Reports
US Tech
Europe Tech
China Tech
Top Business Models in Geo
India Tech
Israel Tech
UK & Ireland Tech
59

60. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
High Tech - Top Business Models Report
Thank You
60
Any and all information either accessed from the website www.tracxn.com or having otherwise originated from Tracxn Technologies Limited including but not limited to the information
contained herein ("Data") is the sole property of Tracxn Technologies Limited (hereinafter "Tracxn"). You shall not recirculate, distribute, transmit, publish, or sell the Data or any portion
thereof in any form or by any means, either for commercial or non-commercial use, or permit any third party to use or distribute the Data or any portion thereof; to any other party, except
with the prior written consent of Tracxn. You may however incorporate insubstantial portions, extracts, abstracts or summaries from the Data into analysis, presentations or tools for your
customers or for your internal use, so long as Tracxn is clearly and visibly identified as the source of information.
For further information please refer to our Terms of Use at www.tracxn.com