Link to original article: Emerging Tech Indicator
Looking at emerging tech’s outlook in Q4
Tech moves at the speed of light. The PitchBook Q4 2022 Emerging Tech Indicator is here to help you make sense of it all. Tracking the key deals, figures, and trends, our indicator gives a full overview of what the world’s most successful VC investors are betting on to be the next big thing.
Key takeaways include:
- The indicator tracked 130 deals worth $3.5 billion, a 26% decrease from Q3’s 166 deals that totaled $4.8 billion. Since the Q1 2022 total of $11.6 billion, deal value has declined 69.5%.
- The two verticals that led the indicator in Q4 were biotech and AI & ML, which raised a combined $857.6 million.
- Despite a crypto “winter,” Web3 & DeFi startups continued to attract investor interest, with token exchange platform Uniswap’s $165 million Series B standing out.
- The indicator tracked nine large deals over $100 million, a decline from the highs of the previous quarters, but still higher than the historical average of five deals over $100 million.
Table of contents
| Introduction | 3 |
| Key takeaways | 4 |
| Deal activity | 5 |
| Areas of investment | 6 |
| ETI deal segment spotlights | 12 |
| AI & ML | 13 |
| E-commerce | 16 |
| Consumer | 19 |
| Climate tech | 22 |
| Web3 & DeFi | 25 |
| Biotech | 28 |
| Other notable activity | 31 |
| Venture activity summary | 32 |
| Emerging tech indicator investor ranking | 35 |