If you get asked about the best innovative startups, most of the answers will be about space, virtual reality and drones. Exactly, this is where scientific, engineering and now business industries move. And CB Insights can prove that by certain statistics dealing with startup funding trends.
In 2015, space projects noticeably reached the first positions within the number and volume of investment deals, followed by augmented and virtual reality startups and drones. In 2015, startups in frontier tech managed to sign 254 investment deals equal to $3.5 billion. Worth noticing once again, space projects were leading 2015 equity funding with several $100 million deals.
Back in 2012, investing in space and AR/VR was going almost at the same pace. Within the following years, space funding rapidly rose up.
In 2015, space exploration projects attracted 253% more investments compared to 2014 deals. Therefore, space startups received twice more investments than projects in AR/VR and drones altogether. This is actually not hard to be, taking into account resource consumption and global impact of cosmic projects. Top 3 space deals were signed by: SpaceX ($1 billion), OneWeb ($500 million) and O3b Networks ($460 million).
AR/VR startups also demonstrated impressive exit results last year, with 122% growth rate in investment volume. In 2016, one of the biggest funding rounds in AR industry was achieved by the company Magic Leap, working on development of a secret AR device. The project raised $800 million.
Investments in drones rose significantly too (80%) and achieved the record number of deals (74).
Although the second half of 2015 was associated with a major downfall in investment flows typical for the whole Silicon Valley, the first quarter of 2016 turned out completely different for frontier tech startups. Not only have innovative projects returned to the previously achieved growth trajectory, but they also reached new heights – 45% plus in comparison with the same period last year.
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