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1. TRACXN TOP BUSINESS MODELS REPORT
March 14, 2022
TECHNOLOGY

2. Technology - Top Business Models Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Contents
Technology Funding Overview 3
Top Funded Business Models 4
One Pagers 9
Appendix 59
2

3. Technology - Top Business Models Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Funding in last 1 year
3
Blockchain Infrastructure $9.3B
AI Infrastructure $9.2B
Professional Service Robots $5.6B
Internet of Things Infrastructure $4.1B
Security & Surveillance
Technology
$3.3B
Wearable Technology $3.1B
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
Y Combinator
NGC
AU21 Capital
37
15
14
Early
Stage
Tiger Global Management
Andreessen Horowitz
Coinbase
20
15
14
Late
Stage
SoftBank Vision Fund
Tiger Global Management
Insight Partners
25
24
18
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
United States (54%)
China (14%)
Israel (8%)
United Kingdom (5%)
India (3%)
Canada (2%)
France (2%)
Others (12%)
$ Funding # Rounds
Horizon Robotics
(2015, China)
$1.5B - Series C
Unisoc
(2001, China)
$815M - Series E
Forte
(2016, United States)
$725M - Series B
SambaNova Systems
(2017, United States)
$676M - Series D
Relativity Space
(2015, United States)
$650M - Series E
Trax
(2010, Singapore)
$640M - Series E
Nuro
(2016, United States)
$600M - Series D
CMR Surgical
(2014, United Kingdom)
$600M - Series D
Fireblocks
(2018, United States)
$550M - Series E
Transmit Security
(2014, United States)
$543M - Series A
Dreame
(2020, China)
$536M - Series C
Magic Leap
(2011, United States)
$500M - Series G

4. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Top Funded Business Models - last 1 year (1/5)
4
Rank Business Model $ Funding # Rounds Top Funding Round Details
1▲37 Dapp Development Platforms $1.5B 47 Forte | $725M | Series B Link
2▲75 Blockchain Security $1.5B 30 Fireblocks | $550M | Series E Link
3▲50 Blockchain Networks $1.5B 127 SCRT Labs | $400M | Series D Link
4▲1 Warehouse Automation Robots $1.4B 40 Exotec | $335M | Series D Link
5▲3 Surgical Robots $1.3B 22 CMR Surgical | $600M | Series D Link
6▲7 Facial Biometric Systems $939M 10 AnyVision | $235M | Series C Link
7▼3 SoC IoT $833M 10 Unisoc | $815M | Series E Link
8▲9 IoT Security for Devices $702M 20 Armis Security | $300M | Series D Link
9▼7 Machine Learning Platforms $661M 22 DataRobot | $300M | Series G Link
10▲1 Military Drones $660M 2 Anduril | $450M | Series D Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

5. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Top Funded Business Models - last 1 year (2/5)
5
Rank Business Model $ Funding # Rounds Top Funding Round Details
11▲1 Data Science Platforms $608M 13 Dataiku | $400M | Series E Link
12▲110 IoT Security for Networks $590M 5 Claroty | $400M | Series E Link
13▲134 Multi modal Biometrics $567M 6 Transmit Secu.. | $543M | Series A Link
14▲147 Vacuum Cleaning Robots $536M 2 Dreame | $536M | Series C Link
15▲126 Smart Home Suite $525M 11 Orvibo | $157M | Series D Link
16▼2 Professional Service Robots $524M 30 Keenon Robotics | $200M | Series D Link
17▲4 Customer Engagement using Voice Recognition $492M 7 Uniphore | $400M | Series E Link
18▲39 Blockchain in Financial Services $491M 56 2TM | $200M | Series B Link
19▲4 Satellite Imaging $483M 15 Satellogic | $150M | Series D Link
20▼2 Speech to Text Solutions $482M 7 Verbit | $250M | 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 © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Top Funded Business Models - last 1 year (3/5)
6
Rank Business Model $ Funding # Rounds Top Funding Round Details
21▲12 Blockchain Compliance and Risk Management $437M 16 Chainalysis | $100M | Series E Link
22▲168 Cryptocurrency Mining Hardware $425M 11 Helium | $200M | Series E Link
23▲24 Conversation AI Platforms $421M 8 Gupshup | $240M | Series F Link
24▲157 Construction 3D Printers $403M 4 ICON | $207M | Series B Link
25-- Conversational AI Development $355M 11 Gupshup | $240M | Series F Link
26▲165 Sustainable Fabrics $354M 13 Spiber | $313M | Series E Link
27▼3 IoT Platforms $307M 10 DEEPEXI | $100M | Series B Link
28▲97 Commercial Cleaning Robots $288M 9 Gaoxian Robot.. | $188M | Series C Link
29▲17 Counter Drone Systems $281M 5 Epirus | $200M | Series C Link
30▼14 Nano Based DNA Sequencing $272M 2 Nanopore | $271M | Series H Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

7. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Top Funded Business Models - last 1 year (4/5)
7
Rank Business Model $ Funding # Rounds Top Funding Round Details
31▼16 Voice Analytics $267M 3 Gong | $250M | Series E Link
32▼1 IoT Communication Modules $265M 9 Eigencomm | $157M | Series C Link
33-- Robot Vision System $259M 7 Robotic Resea.. | $228M | Series A Link
34▲6 AR Product Visualization $253M 10 Scandit | $150M | Series D Link
35<> 0 Personal Smart Home Gym Equipments $251M 2 Tonal | $250M | Series E Link
36▲97 Laboratory Robotics $250M 3 OpenTrons | $200M | Series C Link
37▲140 Robotic Navigation $250M 3 Cowarobot | $250M | Series C Link
38▲114 GIS in Transportation $249M 8 HawkEye 360 | $150M | Series D Link
39▲24 Recruitment Chatbots $246M 5 Paradox | $200M | Series C Link
40▲10 Robotic Programming Software $236M 9 Wandelbots | $84.0M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

8. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Top Funded Business Models - last 1 year (5/5)
8
Rank Business Model $ Funding # Rounds Top Funding Round Details
41▲34 Drone Navigation System $228M 2 Robotic Resea.. | $228M | Series A Link
42▼12 Smart Energy Management $227M 10 Turntide | $225M | Series D Link
43▲99 Customer Service Chatbots $226M 38 Uniphore | $400M | Series E Link
44▲241 Synthetic Diamond Semiconductors $226M 3 Diamond Foundry | $200M | Series D Link
45-- Invasive Brain-Computer Interfaces $225M 2 Neuralink | $205M | Series C Link
46▼18 Facial Recognition $216M 8 AnyVision | $235M | Series C Link
47▼6 Diabetes Wearable $214M 8 Biolinq | $100M | Series B Link
48▼19 Surveillance Drones $210M 2 Shield AI | $210M | Series D Link
49▲148 Edge AI Accelerators $203M 7 Mythic | $70.0M | Series C Link
50▼1 Digital Twin Modelling Software $201M 5 Cognite | $150M | 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 © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Dapp Development Platforms
01
9
Back to index
Blockchain Infrastructure (Terra)
(# Cos: 2502 | $14.2B)
Application Development Platforms
(ConsenSys)
(# Cos: 508 | $3.3B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.5B (▲1370%)
47(▲194%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
13
$3.3B
193
1
508
36
ConsenSys
(2014, United States, $275M)
R3
(2013, United States, $112M)
Digital Asset
(2014, United States, $317M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Forte (2016, United States)
$725M - Series B - Nov 2021
Alchemy (1993, United States)
$250M - Series C - Oct 2021
Alchemy (1993, United States)
$200M - Series C - Feb 2022
ConsenSys (2014, United States)
$200M - Series A - Nov 2021
Aleo (2019, United States)
$200M - Series B - Feb 2022
Forte (2016, United States)
$185M - Series A - May 2021
Digital Asset (2014, United States)
$120M - Series D - Apr 2021
View all 47 Funding Rounds on Tracxn Platform

10. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Fireblocks (2018, United States)
$550M - Series E - Jan 2022
Secret Network (2020, United States)
$400M - Series C - Jan 2022
Fireblocks (2018, United States)
$310M - Series D - Jul 2021
Fireblocks (2018, United States)
$133M - Series C - Mar 2021
Chainalysis (2014, United States)
$100M - Series E - Jun 2021
Chainalysis (2014, United States)
$100M - Series D - Mar 2021
TRM (2018, United States)
$60.0M - Series B - Dec 2021
View all 30 Funding Rounds on Tracxn Platform
Blockchain Security
02
10
Back to index
Blockchain Infrastructure (Terra)
(# Cos: 2502 | $14.2B)
Enablers (Simplex)
(# Cos: 343 | $2.4B)
Security (Chainalysis)
(# Cos: 148 | $2.4B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.5B (▲2919%)
30(▲150%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$2.4B
60
1
148
18
Chainalysis
(2014, United States, $367M)
Simplex
(2014, Israel, $19.0M)
Elliptic
(2014, United Kingdom, $104M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

11. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Blockchain Networks
03
11
Back to index
Blockchain Infrastructure (ConsenSys)
(# Cos: 2502 | $14.2B)
Blockchain Network (Terra)
(# Cos: 783 | $3.9B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.5B (▲2024%)
127(▲165%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
14
$3.9B
393
5
783
70
Terra
(2018, South Korea, $125M)
Algorand
(2017, United States, $66.0M)
Celo
(2011, United States, $65.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
SCRT Labs (2021, United States)
$400M - Series D - Jan 2022
Solana (2017, United States)
$314M - Series C - Jun 2021
2TM (2013, Brazil)
$200M - Series B - Jul 2021
1inch (2020, United Kingdom)
$175M - Series B - Dec 2021
5ire (2021, United Kingdom)
$100M - Series A - Feb 2022
Qredo (2012, United Kingdom)
$80.0M - Series A - Feb 2022
Luniverse (2018, South Korea)
$73.9M - Series B - Feb 2022
View all 127 Funding Rounds on Tracxn Platform

12. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Exotec (2015, France)
$335M - Series D - Jan 2022
Fabric (2015, Israel)
$200M - Series C - Oct 2021
Dexterity (2017, United States)
$140M - Series B - Oct 2021
RightHand Rob.. (2014, United States)
$66.0M - Series C - Feb 2022
Vecna Robotics (1998, United States)
$65.0M - Series C - Jan 2022
Vecna (1999, United States)
$65.0M - Series C - Jan 2022
Whale warehouse (2012, China)
$50.0M - Series B - Nov 2021
View all 40 Funding Rounds on Tracxn Platform
Warehouse Automation Robots
04
12
Back to index
Professional Service Robots (Nuro)
(# Cos: 2445 | $20.2B)
Logistics (Kindred)
(# Cos: 470 | $4.3B)
Warehouse Automation (GreyOrange)
(# Cos: 420 | $3.9B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.4B (▲87.8%)
40(▲11.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
31
$3.9B
151
8
420
39
GreyOrange
(2011, India, $301M)
Kindred
(2014, United States, $44.0M)
Geek+
(2015, Japan, $440M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

13. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
CMR Surgical (2014, United Kingdom)
$600M - Series D - Jun 2021
Edge Medical Robotics (2017, China)
$200M - Series C - Nov 2021
Memic Surgery (2013, Israel)
$96.0M - Series D - Apr 2021
Distalmotion (2012, Switzerland)
$90.0M - Series E - Jan 2022
PROCEPT BioRo.. (2009, United States)
$85.0M - Series G - Jun 2021
ColubrisMX (2017, United States)
$76.1M - Series C - Jun 2021
ColubrisMX (2017, United States)
$69.0M - Series B - May 2021
View all 22 Funding Rounds on Tracxn Platform
Surgical Robots
05
13
Back to index
Professional Service Robots (Nuro)
(# Cos: 2445 | $20.2B)
Healthcare (OpenTrons)
(# Cos: 343 | $5.4B)
Surgery (Intuitive)
(# Cos: 181 | $4.6B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.3B (▲177%)
22(▲4.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
21
$4.6B
114
13
181
27
Intuitive
(1995, United States, $47.0M)
Corindus Vascular Robo..
(2001, United States, $21.9M)
Hansen Medical
(2002, United States, $68.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

14. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Facial Biometric Systems
06
14
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$939M (▲210%)
10(▼47.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
22
$1.9B
107
2
254
21
Security & Surveillance Technology (ADT)
(# Cos: 8460 | $15.9B)
PIAM (Openpath)
(# Cos: 1658 | $4.8B)
Biometrics System (Clear)
(# Cos: 677 | $3.2B)
Facial Biometrics (Affectiva)
(# Cos: 254 | $1.9B)
Affectiva
(2009, United States, $59.7M)
iProov
(2011, United Kingdom, $78.0M)
Realeyes
(2007, United Kingdom, $32.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
AnyVision (2015, Israel)
$235M - Series C - Jul 2021
Black Sesame Technolo.. (2016, China)
$231M - Series C - Apr 2021
Incode (2015, United States)
$220M - Series B - Dec 2021
Unico (2007, Brazil)
$121M - Series C - Aug 2021
iProov (2011, United Kingdom)
$70.0M - Series B - Jan 2022
Incode (2015, United States)
$30.0M - Series A - Mar 2021
Paravision (2013, United States)
$23.0M - Series B - May 2021
View all 10 Funding Rounds on Tracxn Platform

15. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Unisoc (2001, China)
$815M - Series E - Apr 2021
YiChip (2013, China)
$15.7M - Series A - Jun 2021
Aspinity (2013, United States)
$2.5M - Series A - Jan 2022
Shanghai Taisi Microe.. (2019, China)
Undisclosed - Series A - May 2021
Shanghai Taisi Microe.. (2019, China)
Undisclosed - Series A - Jan 2022
RiVAI (2018, China)
Undisclosed - Series A - Sep 2021
Radar Eye (2018, China)
Undisclosed - Series A - Jul 2021
View all 10 Funding Rounds on Tracxn Platform
SoC IoT
07
15
Back to index
Internet of Things Infrastructure (Armis Security)
(# Cos: 4699 | $23.6B)
IoT Chips (Qorvo)
(# Cos: 330 | $4.6B)
SoC (Entropic)
(# Cos: 85 | $2.3B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$833M (▲8.8%)
10( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
10
$2.3B
58
8
85
8
Entropic
(2001, United States, $71.0M)
Rambus
(1990, United States)
Eta Compute
(2015, United States, $31.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

16. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Armis Security (2015, United States)
$300M - Series D - Nov 2021
Keyfactor (2001, United States)
$125M - Series D - Apr 2021
Upstream Security (2017, Israel)
$62.0M - Series C - Aug 2021
Upstream Security (2017, Israel)
$36.0M - Series C - May 2021
Finite State (2017, United States)
$30.0M - Series B - Aug 2021
Sternum (2018, Israel)
$27.0M - Series B - Sep 2021
Wood Chain Technology (2017, China)
$15.5M - Series B - May 2021
View all 20 Funding Rounds on Tracxn Platform
IoT Security for Devices
08
16
Back to index
Internet of Things Infrastructure (eero)
(# Cos: 4699 | $23.6B)
IoT Security (Argus Cyber Security)
(# Cos: 366 | $3.2B)
Device Security (Armis Security)
(# Cos: 204 | $1.9B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$702M (▲213%)
20(▲17.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
23
$1.9B
115
1
204
37
Armis Security
(2015, United States, $600M)
VDOO
(2017, Israel, $70.0M)
Upstream Security
(2017, Israel, $139M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

17. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
DataRobot (2012, United States)
$300M - Series G - Jun 2021
VIAN SYSTEMS (2019, United States)
$140M - Series B - Jun 2021
Weights & Bia.. (2017, United States)
$135M - Series C - Oct 2021
H2O.ai (2012, United States)
$100M - Series E - Nov 2021
InstaDeep (2015, United Kingdom)
$100M - Series B - Jan 2022
Abacus.AI (2019, United States)
$50.0M - Series C - Oct 2021
RealAI (2018, China)
$46.9M - Series A - Oct 2021
View all 22 Funding Rounds on Tracxn Platform
Machine Learning Platforms
09
17
Back to index
AI Infrastructure (Gupshup)
(# Cos: 2409 | $32.4B)
Machine Intelligence Systems (Element AI)
(# Cos: 601 | $7.1B)
Machine Learning Platforms (Weights &
Biases)
(# Cos: 236 | $3.8B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$661M (▼54.8%)
22(▼15.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
10
$3.8B
97
-
236
28
Weights & Biases
(2017, United States, $200M)
Petuum
(2016, United States, $108M)
DataRobot
(2012, United States, $1.1B)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

18. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Military Drones
10
18
Back to index
Drones (DroneDeploy)
(# Cos: 3875 | $8.3B)
Military Drones (Anduril)
(# Cos: 218 | $1.4B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$660M (▲90.7%)
2(▼77.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
19
$1.4B
57
5
218
3
Anduril
(2017, United States, $777M)
Northrop Grumman
(1939, United States)
Shield AI
(2015, United States, $399M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Anduril (2017, United States)
$450M - Series D - Jun 2021
Shield AI (2015, United States)
$210M - Series D - Aug 2021

19. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Dataiku (2013, United States)
$400M - Series E - Aug 2021
SingleStore (2011, United States)
$80.0M - Series F - Sep 2021
Explorium (2017, Israel)
$75.0M - Series C - May 2021
Rasgo (2020, United States)
$20.0M - Series A - Apr 2021
Iterative.ai (2018, United States)
$20.0M - Series A - Jun 2021
Logical Clocks (2013, Sweden)
$5.9M - Series A - Jul 2021
Obviously (2018, United States)
$3.6M - Seed - May 2021
View all 13 Funding Rounds on Tracxn Platform
Data Science Platforms
11
19
Back to index
AI Infrastructure (Gupshup)
(# Cos: 2409 | $32.4B)
Machine Intelligence Systems (Element AI)
(# Cos: 601 | $7.1B)
Data Science Platforms (Sisense)
(# Cos: 94 | $2.4B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$608M (▲89.8%)
13(▲8.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$2.4B
54
1
94
19
Sisense
(2004, United States, $276M)
C3.ai
(2009, United States, $410M)
Continuum
(2011, United States, $41.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

20. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Claroty (2014, United States)
$400M - Series E - Dec 2021
Claroty (2014, United States)
$140M - Series D - Jun 2021
Xage Security (2016, United States)
$30.0M - Series B - Jan 2022
Veego (2018, Israel)
$13.0M - Series A - Aug 2021
NetRise (2020, United States)
$6.8M - Seed - Nov 2021
IoT Security for Networks
12
20
Back to index
Internet of Things Infrastructure (eero)
(# Cos: 4699 | $23.6B)
IoT Security (Armis Security)
(# Cos: 366 | $3.2B)
Network Security (Nyansa)
(# Cos: 108 | $1.2B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$590M (▲2294%)
5(▼16.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
16
$1.2B
54
1
108
7
Nyansa
(2013, United States, $27.0M)
Claroty
(2014, United States, $635M)
Minim
(2017, United States, $2.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

21. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Multi modal Biometrics
13
21
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$567M (▲3293%)
6(▲20%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$678M
40
6
131
5
Security & Surveillance Technology (ADT)
(# Cos: 8460 | $15.9B)
PIAM (Openpath)
(# Cos: 1658 | $4.8B)
Biometrics System (Clear)
(# Cos: 677 | $3.2B)
Multi-modal Biometrics (Sensory)
(# Cos: 131 | $678M)
Sensory
(1994, United States)
Trust Stamp
(2016, United States, $9.2M)
Transmit Security
(2014, United States, $543M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Transmit Secu.. (2014, United States)
$543M - Series A - Jun 2021
Q5id (2018, United States)
$10.0M - Series B - Oct 2021
Tech5 (2018, Switzerland)
$8.0M - Series A - May 2021
Keyless (2019, United Kingdom)
$3.0M - Seed - Apr 2021
ImageWare (1987, United States)
$2.5M - Seed - Jan 2022
Galaxy Water Drop Tec.. (2016, China)
Undisclosed - Series B - Nov 2021

22. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Vacuum Cleaning Robots
14
22
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$536M (▲3571%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$662M
14
2
175
2
Consumer Robotics (Wonder Workshop)
(# Cos: 1530 | $5.4B)
Domestic Tasks (Trifo)
(# Cos: 360 | $1.2B)
Cleaning (Neato Robotics)
(# Cos: 233 | $684M)
Vacuum Cleaning (iRobot)
(# Cos: 175 | $662M)
iRobot
(1990, United States, $13.0M)
Neato Robotics
(2005, United States, $48.6M)
Trifo
(2016, United States, $35.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Dreame (2020, China)
$536M - Series C - Oct 2021
Trifo (2016, United States)
Undisclosed - Series C - Sep 2021

23. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Smart Home Suite
15
23
Back to index
Smart Homes (Ooma)
(# Cos: 4255 | $7.9B)
Smart Home Suite (ADT)
(# Cos: 743 | $1.4B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$525M (▲2646%)
11(▲37.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
24
$1.4B
91
9
743
14
ADT
(1874, United States, $24.1M)
Alarm.com
(2000, United States, $137M)
Vivint
(1999, United States, $172M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Orvibo (2011, China)
$157M - Series D - Jan 2022
Aqara (2014, China)
$157M - Series B - Oct 2021
Wyze (1998, United States)
$110M - Series B - Jul 2021
Shenzhen Wanjiaan IOT.. (2003, China)
$52.9M - Series C - Jun 2021
iApartments (1999, United States)
$19.2M - Series B - Oct 2021
RemoteLock (2004, United States)
$14.8M - Series B - Dec 2021
Wuhan Linptech (2009, China)
$7.7M - Series B - Jul 2021
View all 11 Funding Rounds on Tracxn Platform

24. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Professional Service Robots
16
24
Back to index
Professional Service Robots (Nuro)
(# Cos: 2445 | $20.2B)
Multi Utility (UBTECH)
(# Cos: 361 | $3.7B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$524M (▲78.1%)
30(▼3.2%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
13
$3.7B
128
3
361
31
UBTECH
(2012, China, $1.3B)
CloudMinds
(2015, United States, $588M)
Sarcos
(2015, United States, $85.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Keenon Robotics (2010, China)
$200M - Series D - Sep 2021
Pudu Robotics (2016, China)
$78.0M - Series C - May 2021
Pudu Robotics (2016, China)
$77.0M - Series C - Sep 2021
FJ Dynamics (2017, China)
$70.0M - Series B - Nov 2021
MegaRobo (2016, China)
$65.0M - Series B - May 2021
Candela (2016, China)
$57.1M - Series B - Apr 2021
Blue Ocean Robotics (2013, Denmark)
$51.0M - Series B - Jan 2022
View all 30 Funding Rounds on Tracxn Platform

25. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Uniphore (2008, United States)
$400M - Series E - Feb 2022
Cognigy (2016, Germany)
$44.0M - Series B - Jun 2021
Skit (2016, India)
$25.0M - Series B - May 2021
Cognigy (2016, Germany)
$15.0M - Series B - Feb 2022
Whiz (2017, United States)
$8.0M - Series A - Dec 2021
Vozy (2016, United States)
Undisclosed - Seed - Jan 2022
DheeYantra Research L.. (2017, India)
Undisclosed - Seed - Apr 2021
Customer Engagement using Voice
Recognition
17
25
Back to index
Speech and Voice Recognition (Babbel)
(# Cos: 814 | $7.3B)
Applications (Five9)
(# Cos: 569 | $5.7B)
Customer Engagement (Interactions)
(# Cos: 50 | $1.0B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$492M (▲171%)
7(▼46.2%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$1.0B
33
1
50
12
Interactions
(2004, United States, $167M)
Uniphore
(2008, United States, $645M)
Vokal
(2016, India, $12.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

26. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
2TM (2013, Brazil)
$200M - Series B - Jul 2021
Qredo (2012, United Kingdom)
$80.0M - Series A - Feb 2022
2TM (2013, Brazil)
$50.3M - Series B - Nov 2021
Aligned (2020, Argentina)
$34.0M - Series C - Feb 2022
Anoma Foundation (2020, Switzerland)
$26.0M - Series B - Nov 2021
Anoma (2020, Switzerland)
$26.0M - Series B - Nov 2021
XMTP (2003, United States)
$25.5M - Series B - Aug 2021
View all 56 Funding Rounds on Tracxn Platform
Blockchain in Financial Services
18
26
Back to index
Blockchain Infrastructure (ConsenSys)
(# Cos: 2502 | $14.2B)
Blockchain Network (Algorand)
(# Cos: 783 | $3.9B)
Finance (Terra)
(# Cos: 274 | $1.5B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$491M (▲683%)
56(▲144%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$1.5B
144
3
274
33
Terra
(2018, South Korea, $125M)
Algorand
(2017, United States, $66.0M)
Celo
(2011, United States, $65.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

27. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Satellogic (2010, Argentina)
$150M - Series D - Jan 2022
ICEYE (2014, Finland)
$136M - Series D - Feb 2022
Aerospacelab (2016, Belgium)
$45.4M - Series B - Feb 2022
GHGSat (2011, Canada)
$45.0M - Series B - Jul 2021
Pixxel (2019, India)
$28.1M - Series A - Apr 2021
ICEYE (2014, Finland)
$25.0M - Series C - Dec 2021
Axelspace (2008, Japan)
$23.8M - Series C - May 2021
View all 15 Funding Rounds on Tracxn Platform
Satellite Imaging
19
27
Back to index
Geographic Information Systems (MapmyIndia)
(# Cos: 4344 | $10.2B)
Imaging Solutions (Mapillary)
(# Cos: 270 | $2.4B)
Satellite based (Planet)
(# Cos: 117 | $2.3B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$483M (▲183%)
15(▲87.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
10
$2.3B
52
3
117
15
Planet
(2010, United States, $388M)
Capella Space
(2016, United States, $77.0M)
ICEYE
(2014, Finland, $304M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

28. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Verbit (2017, United States)
$250M - Series E - Nov 2021
Verbit (2017, United States)
$157M - Series D - Jun 2021
AssemblyAI (2017, United States)
$28.0M - Series A - Mar 2022
RealWear (2016, United States)
$20.0M - Series B - Feb 2022
Deepgram (2015, United States)
$17.4M - Series B - Oct 2021
AmberScript (2017, Netherlands)
$10.0M - Series A - Nov 2021
YITU (2012, China)
Undisclosed - Series C - Aug 2021
Speech to Text Solutions
20
28
Back to index
Speech and Voice Recognition (Babbel)
(# Cos: 814 | $7.3B)
Applications (Five9)
(# Cos: 569 | $5.7B)
Speech to Text (Otter.ai)
(# Cos: 86 | $1.6B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$482M (▲117%)
7(▼30%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$1.6B
32
-
86
13
Otter.ai
(2016, United States, $70.0M)
Verbit
(2017, United States, $550M)
RealWear
(2016, United States, $123M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

29. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Blockchain Compliance and Risk
Management
21
29
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$437M (▲273%)
16(▲220%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$704M
28
-
58
8
Blockchain Infrastructure (Terra)
(# Cos: 2503 | $14.2B)
Enablers (Elliptic)
(# Cos: 343 | $2.4B)
Security (Simplex)
(# Cos: 148 | $2.4B)
Compliance and Risk
Management (Chainalysis)
(# Cos: 58 | $704M)
Chainalysis
(2014, United States, $367M)
Simplex
(2014, Israel, $19.0M)
Elliptic
(2014, United Kingdom, $104M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Chainalysis (2014, United States)
$100M - Series E - Jun 2021
Chainalysis (2014, United States)
$100M - Series D - Mar 2021
TRM (2018, United States)
$60.0M - Series B - Dec 2021
Elliptic (2014, United Kingdom)
$60.0M - Series C - Oct 2021
Solidus Labs (2017, United States)
$20.0M - Series A - May 2021
XREX (2018, Taiwan)
$17.0M - Seed - Aug 2021
Cozy Finance (2020, United States)
$15.1M - Series A - May 2021
View all 16 Funding Rounds on Tracxn Platform

30. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Helium (2006, United States)
$200M - Series E - Feb 2022
Helium (2006, United States)
$111M - Series D - Aug 2021
Rhodium (2021, United States)
$86.9M - Series C - Oct 2021
Gryphon Digit.. (2020, United States)
$14.0M - Series A - Mar 2021
Gryphon Digit.. (2020, United States)
$6.7M - Series A - Jun 2021
CCM (2021, United States)
$2.5M - Seed - Jun 2021
Arthur Mining (2019, United States)
$2.0M - Seed - Sep 2021
View all 11 Funding Rounds on Tracxn Platform
Cryptocurrency Mining Hardware
22
30
Back to index
Blockchain Infrastructure (Terra)
(# Cos: 2503 | $14.2B)
Mining (Helium)
(# Cos: 328 | $2.0B)
Hardware (Bitmain)
(# Cos: 223 | $1.7B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$425M (▲4597%)
11(▲267%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$1.7B
40
9
223
10
Bitmain
(2013, China, $950M)
Helium
(2006, United States, $370M)
Bitfury
(2012, United States, $181M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

31. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Gupshup (2004, India)
$240M - Series F - Jul 2021
Gupshup (2004, India)
$100M - Series F - Apr 2021
Cognigy (2016, Germany)
$44.0M - Series B - Jun 2021
Cognigy (2016, Germany)
$15.0M - Series B - Feb 2022
Zaion (2017, France)
$11.0M - Series A - May 2021
Got It (2013, United States)
$6.0M - Series A - Mar 2021
E42 (2012, India)
$5.4M - Series A - Oct 2021
View all 8 Funding Rounds on Tracxn Platform
Conversation AI Platforms
23
31
Back to index
AI Infrastructure (Scale)
(# Cos: 2409 | $32.4B)
Natural Language Processing (Otter.ai)
(# Cos: 544 | $4.8B)
Conversational AI (Gupshup)
(# Cos: 150 | $1.2B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$421M (▲409%)
8(▼11.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
13
$1.2B
64
1
150
16
Gupshup
(2004, India, $390M)
Hugging Face
(2016, France, $64.9M)
Niki
(2015, India, $11.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

32. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Construction 3D Printers
24
32
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$403M (▲3900%)
4(▲33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$472M
14
-
53
2
3D Printing (Xometry)
(# Cos: 4110 | $9.2B)
Hardware (Stratasys)
(# Cos: 1967 | $4.3B)
3D Printers (MakerBot)
(# Cos: 1288 | $3.7B)
Industrial Grade (TRUMPF)
(# Cos: 368 | $2.6B)
Industry Based (CELLINK)
(# Cos: 232 | $866M)
Construction (ICON)
(# Cos: 53 | $472M)
ICON
(2018, United States, $451M)
Mobbot
(2018, Switzerland, $3.1M)
Ethereal Machines
(2014, India, $10.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
ICON (2018, United States)
$207M - Series B - Aug 2021
ICON (2018, United States)
$185M - Series B - Feb 2022
Ethereal Machines (2014, India)
$9.8M - Seed - Dec 2021
Tvasta (2016, India)
$968K - Seed - Aug 2021

33. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Gupshup (2004, India)
$240M - Series F - Jul 2021
Gupshup (2004, India)
$100M - Series F - Apr 2021
Cognigy (2016, Germany)
$44.0M - Series B - Jun 2021
Cognigy (2016, Germany)
$15.0M - Series B - Feb 2022
Botpress (2016, Canada)
$15.0M - Series A - Apr 2021
Do You Dream Up (2009, France)
$7.5M - Series A - Mar 2021
Got It (2013, United States)
$6.0M - Series A - Mar 2021
View all 11 Funding Rounds on Tracxn Platform
Conversational AI Development
25
33
Back to index
Chatbots (Drift)
(# Cos: 4660 | $8.1B)
Chatbot Development (Hugging Face)
(# Cos: 685 | $1.0B)
Conversational AI Development
(Gupshup)
(# Cos: 634 | $906M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$355M ( -- )
11( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
23
$906M
122
-
634
17
Gupshup
(2004, India, $390M)
Hugging Face
(2016, France, $64.9M)
Snips
(2013, France, $19.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

34. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Spiber (2007, Japan)
$313M - Series E - Sep 2021
Modern Meadow (2011, United States)
$130M - Series C - Apr 2021
MycoWorks (2013, United States)
$126M - Series C - Jan 2022
Ambercycle (2013, United States)
$21.6M - Series A - Jan 2022
Evrnu (2014, United States)
$15.0M - Series B - Oct 2021
VitroLabs (2016, United Kingdom)
$7.0M - Series A - Sep 2021
GTT (2011, United States)
$3.5M - Series B - Jun 2021
View all 13 Funding Rounds on Tracxn Platform
Sustainable Fabrics
26
34
Back to index
Advanced Materials (View)
(# Cos: 1416 | $10.2B)
Textile (MycoWorks)
(# Cos: 188 | $1.2B)
Sustainable Fabrics (Bolt Threads)
(# Cos: 87 | $1.1B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$354M (▲3819%)
13(▲160%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$1.1B
47
2
87
7
Bolt Threads
(2009, United States, $214M)
MycoWorks
(2013, United States, $188M)
HeiQ
(2005, Switzerland)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

35. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
DEEPEXI (2018, China)
$100M - Series B - Aug 2021
Terminus (2015, China)
$93.0M - Series D - Sep 2021
Afero (2014, United States)
$52.9M - Series C - Dec 2021
Particle (2012, United States)
$30.0M - Series C - Nov 2021
Ayla Networks (2010, United States)
$20.0M - Series D - Dec 2021
Thing-It (2015, United States)
$8.5M - Series B - Dec 2021
Prescient Dev.. (2018, United States)
$2.0M - Seed - Apr 2021
View all 10 Funding Rounds on Tracxn Platform
IoT Platforms
27
35
Back to index
Internet of Things Infrastructure (Armis Security)
(# Cos: 4699 | $23.6B)
IoT Platforms (TeamViewer)
(# Cos: 1903 | $5.8B)
End to End Platforms (Ayla Networks)
(# Cos: 393 | $1.9B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$307M (▲86.8%)
10( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
18
$1.9B
100
7
393
18
Ayla Networks
(2010, United States, $144M)
Aeris
(1992, United States, $29.0M)
Actility
(2010, France, $104M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

36. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Gaoxian Robotics (2013, China)
$188M - Series C - Nov 2021
Gaoxian Robotics (2013, China)
$100M - Series B - Apr 2021
Greenzie (2015, United States)
$4.0M - Series A - Sep 2021
Peppermint (2019, India)
$684K - Seed - Sep 2021
Peppermint (2019, India)
$469K - Seed - May 2021
iBen Robot (2016, China)
Undisclosed - Series B - Jun 2021
Guangzhou Aike Robot (2016, China)
Undisclosed - Series A - Sep 2021
View all 9 Funding Rounds on Tracxn Platform
Commercial Cleaning Robots
28
36
Back to index
Professional Service Robots (Nuro)
(# Cos: 2445 | $20.2B)
Cleaning (Avidbots)
(# Cos: 102 | $393M)
Commercial Maintenance (Left Hand
Robotics)
(# Cos: 83 | $391M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$288M (▲1124%)
9(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$391M
35
1
83
6
Left Hand Robotics
(2016, United States, $9.4M)
Avidbots
(2014, Canada, $23.6M)
Gaoxian Robotics
(2013, China, $325M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

37. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Counter Drone Systems
29
37
Back to index
Drones (Anduril)
(# Cos: 3875 | $8.3B)
Counter Drone Systems (Dedrone)
(# Cos: 127 | $668M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$281M (▲231%)
5(▼28.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$668M
39
2
127
11
Dedrone
(2014, United States, $97.9M)
Fortem Technologies
(2016, United States, $51.3M)
Epirus
(2018, United States, $289M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Epirus (2018, United States)
$200M - Series C - Feb 2022
Dedrone (2014, United States)
$30.5M - Series C - Dec 2021
SkySafe (2015, United States)
$30.0M - Series B - Dec 2021
Fortem Techno.. (2016, United States)
$15.0M - Series A - Mar 2021
WhiteFox Defe.. (2012, United States)
$5.3M - Series A - Jun 2021

38. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Nano Based DNA Sequencing
30
38
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$272M (▲13.4%)
2(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
10
$2.8B
29
5
40
4
Nanotechnology (Acorda)
(# Cos: 2847 | $15.9B)
Nanotools (Alnylam)
(# Cos: 434 | $4.4B)
Genomics (Nanopore)
(# Cos: 101 | $3.8B)
DNA Sequencing (Illumina)
(# Cos: 40 | $2.8B)
Illumina
(1998, United States, $28.0M)
Nanopore
(2005, United Kingdom, $1.3B)
PacBio
(2004, United States, $342M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Nanopore (2005, United Kingdom)
$271M - Series H - May 2021
Molecular Loop (2018, United States)
$1.8M - Seed - Jan 2022

39. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Gong (2015, United States)
$250M - Series E - Jun 2021
Tethr (2012, United States)
$15.0M - Series B - Dec 2021
Pickle (2020, United States)
$2.4M - Seed - Jan 2022
Voice Analytics
31
39
Back to index
Speech and Voice Recognition (Gong)
(# Cos: 814 | $7.3B)
Applications (Babbel)
(# Cos: 569 | $5.7B)
Voice Analytics (Five9)
(# Cos: 41 | $1.1B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$267M (▲3%)
3(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$1.1B
28
1
41
7
Five9
(2001, United States, $84.1M)
Gong
(2015, United States, $584M)
Chorus.ai
(2015, United States, $100M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

40. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Eigencomm (2017, China)
$157M - Series C - Jan 2022
Atmosic (2016, United States)
$72.0M - Series C - Jan 2022
Shanghai Giant Micro .. (2014, China)
$20.4M - Series A - Dec 2021
MLINK (2013, China)
$15.5M - Series B - Aug 2021
Nanjing Chuangxin Hui.. (2019, China)
Undisclosed - Series C - Dec 2021
Nanjing Chuangxin Hui.. (2019, China)
Undisclosed - Series C - Jan 2022
Cygnusemi (2020, China)
Undisclosed - Series A - Feb 2022
View all 9 Funding Rounds on Tracxn Platform
IoT Communication Modules
32
40
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Internet of Things Infrastructure (Armis Security)
(# Cos: 4699 | $23.6B)
IoT Chips (Sierra Wireless)
(# Cos: 330 | $4.6B)
Communication Modules (Qorvo)
(# Cos: 168 | $1.1B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$265M (▲101%)
9(▲12.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
26
$1.1B
86
13
168
9
Qorvo
(2015, United States)
Sierra Wireless
(1993, Canada)
Gainspan
(2006, United States, $86.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

41. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Robot Vision System
33
41
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$259M ( -- )
7( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$299M
36
1
59
8
Industrial Robotics (Neurala)
(# Cos: 1156 | $4.9B)
Tech Enablers (Vicarious)
(# Cos: 537 | $2.6B)
Hardware (Ouster)
(# Cos: 247 | $1.1B)
Robot Vision System (Robotic
Research)
(# Cos: 59 | $299M)
Robotic Research
(2002, United States, $228M)
Photoneo
(2013, Slovakia, $23.4M)
Qualitas Technologies
(2008, India)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Robotic Resea.. (2002, United States)
$228M - Series A - Dec 2021
Photoneo (2013, Slovakia)
$21.0M - Series B - Dec 2021
CMES (2014, South Korea)
$8.2M - Series A - Mar 2022
Guangzhou Smart Intel.. (2017, China)
$1.6M - Seed - Mar 2022
xVisioTech (2000, United States)
Undisclosed - Series A - Feb 2022
WELINKIRT (2017, China)
Undisclosed - Seed - Jul 2021
WELINKIRT (2017, China)
Undisclosed - Series A - Jan 2022

42. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
AR Product Visualization
34
42
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$253M (▲146%)
10(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$510M
54
-
174
6
Augmented Reality (Varjo)
(# Cos: 4035 | $9.5B)
Applications (CompanyCam)
(# Cos: 3196 | $2.7B)
Retail (Perfect Corp)
(# Cos: 587 | $1.2B)
Product Visualization (Scandit)
(# Cos: 174 | $510M)
Scandit
(2009, Switzerland, $300M)
Avataar.me
(2014, India, $55.5M)
Hullabalook
(2016, United Kingdom, $12.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Scandit (2009, Switzerland)
$150M - Series D - Feb 2022
Avataar.me (2014, India)
$45.0M - Series B - Jan 2022
ThreeKit (2005, United States)
$35.0M - Series B - Nov 2021
Hullabalook (2016, United Kingdom)
$8.2M - Series A - Feb 2022
unspun (2015, United States)
$7.5M - Series A - Sep 2021
Expivi (2009, Netherlands)
$3.7M - Seed - Oct 2021
Threedium (2017, United Kingdom)
$2.1M - Seed - Nov 2021
View all 10 Funding Rounds on Tracxn Platform

43. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Tonal (2015, United States)
$250M - Series E - Mar 2021
AroLeap (2020, India)
$670K - Seed - Oct 2021
Personal Smart Home Gym Equipments
35
43
Back to index
Smart Homes (ADT)
(# Cos: 4255 | $7.9B)
Home Appliances (Roku)
(# Cos: 376 | $1.2B)
Personal Home Gym (Tonal)
(# Cos: 2 | $451M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$251M (▲128%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$451M
2
-
2
1
Tonal
(2015, United States, $450M)
AroLeap
(2020, India, $670K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

44. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
OpenTrons (2014, United States)
$200M - Series C - Sep 2021
Automata (2015, United Kingdom)
$50.0M - Series B - Feb 2022
Flow Robotics (2015, Denmark)
$2.5M - Seed - May 2021
Laboratory Robotics
36
44
Back to index
Professional Service Robots (Nuro)
(# Cos: 2445 | $20.2B)
Healthcare (Intuitive)
(# Cos: 343 | $5.4B)
Laboratory Automation (OpenTrons)
(# Cos: 28 | $387M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$250M (▲1114%)
3(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$387M
15
-
28
4
OpenTrons
(2014, United States, $241M)
Andrew Alliance
(2011, Switzerland, $14.0M)
Automata
(2015, United Kingdom, $66.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

45. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Robotic Navigation
37
45
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$250M (▲2336%)
3(▼40%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$489M
30
-
50
7
Industrial Robotics (Neurala)
(# Cos: 1156 | $4.9B)
Tech Enablers (Ouster)
(# Cos: 537 | $2.6B)
Software (Vicarious)
(# Cos: 290 | $1.6B)
Navigation (Brain Corp)
(# Cos: 50 | $489M)
Brain Corp
(2009, United States, $161M)
SLAMcore
(2016, United Kingdom, $10.0M)
BlueBotics
(2001, Switzerland)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Cowarobot (2016, China)
$250M - Series C - Sep 2021
Sevensense (2018)
$7.7M - Series A - Nov 2021
Bito Robotics (2017, United States)
Undisclosed - Series A - Jul 2021

46. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
HawkEye 360 (2015, United States)
$150M - Series D - Nov 2021
HawkEye 360 (2015, United States)
$55.0M - Series C - Apr 2021
Lacuna (2018, United States)
$16.0M - Series A - Jul 2021
WhereIsMyTra.. (2015, United Kingdom)
$14.5M - Series A - Jun 2021
Phiar Technol.. (2017, United States)
$12.0M - Series A - Sep 2021
LocateAI Technologies (2019, India)
$1.3M - Seed - Aug 2021
Ushr (2014, United States)
Undisclosed - Series B - Aug 2021
View all 8 Funding Rounds on Tracxn Platform
GIS in Transportation
38
46
Back to index
Geographic Information Systems (Planet)
(# Cos: 4344 | $10.2B)
Location Analytics (Trimble)
(# Cos: 1191 | $3.0B)
Transportation (Inrix)
(# Cos: 289 | $653M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$249M (▲1473%)
8(▲167%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
13
$653M
63
4
289
5
Inrix
(2004, United States, $133M)
StreetLight
(2010, United States, $40.5M)
HERE
(1985, Netherlands)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

47. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Recruitment Chatbots
39
47
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$246M (▲319%)
5(▲66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$417M
19
-
61
6
Chatbots (Gupshup)
(# Cos: 4660 | $8.1B)
Industry Specific (Drift)
(# Cos: 1437 | $2.4B)
Human Resources (InFeedo)
(# Cos: 175 | $505M)
Candidate Engagement (Paradox)
(# Cos: 61 | $417M)
Paradox
(2016, United States, $253M)
Mya
(2012, United States, $64.8M)
ConveyIQ
(2010, United States, $21.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Paradox (2016, United States)
$200M - Series C - Dec 2021
EVA (2014, United Kingdom)
$31.7M - Angel - Mar 2022
Emi Labs (2017, Argentina)
$11.0M - Series A - Feb 2022
Genie (2019, United Kingdom)
$2.4M - Seed - Apr 2021
HR Messenger (2018, Kazakhstan)
$1.2M - Seed - Jan 2022

48. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Robotic Programming Software
40
48
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$236M (▲219%)
9(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$365M
30
-
90
7
Industrial Robotics (Neurala)
(# Cos: 1156 | $4.9B)
Tech Enablers (Ouster)
(# Cos: 537 | $2.6B)
Software (Vicarious)
(# Cos: 290 | $1.6B)
No Code Robotic Programming
(Covariant.ai)
(# Cos: 90 | $365M)
Covariant.ai
(2017, United States, $147M)
Wandelbots
(2017, Germany, $126M)
Southie Autonomy
(2017, United States, $2.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Wandelbots (2017, Germany)
$84.0M - Series C - Jan 2022
Covariant.ai (2017, United States)
$80.0M - Series C - Jul 2021
micropsi industries (2014, Germany)
$34.3M - Series B - Feb 2022
Artificial (2018, United States)
$21.5M - Series A - May 2021
Rendered (2019, United States)
$6.6M - Seed - Oct 2021
GrayMatter Ro.. (2020, United States)
$4.1M - Seed - Sep 2021
Fuzzy Logic Robotics (2018, France)
$2.9M - Seed - Sep 2021
View all 9 Funding Rounds on Tracxn Platform

49. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Robotic Resea.. (2002, United States)
$228M - Series A - Dec 2021
ANRA Technolo.. (2015, United States)
Undisclosed - Series A - Dec 2021
Drone Navigation System
41
49
Back to index
Drones (Anduril)
(# Cos: 3875 | $8.3B)
Drone Accessories (Echodyne)
(# Cos: 343 | $551M)
Navigation (Robotic Research)
(# Cos: 58 | $394M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$228M (▲356%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$394M
17
-
58
3
Robotic Research
(2002, United States, $228M)
Echodyne
(2014, United States, $67.0M)
Swift Navigation
(2012, United States, $97.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

50. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Turntide (2004, United States)
$225M - Series D - Jun 2021
Ubicquia (2014, United States)
$31.3M - Series C - Jan 2022
Sapient Indus.. (2018, United States)
$20.0M - Series A - Apr 2021
Amperon (2017, United States)
$7.0M - Series A - Jan 2022
Energyworx (2012, Netherlands)
$6.0M - Series B - Jul 2021
Ubiik (2016, Taiwan)
$5.0M - Series A - Apr 2021
Urbio (2020, Switzerland)
$2.0M - Seed - Sep 2021
View all 10 Funding Rounds on Tracxn Platform
Smart Energy Management
42
50
Back to index
Smart Cities (Zencity)
(# Cos: 1922 | $6.3B)
Smart Utilities (Turntide)
(# Cos: 591 | $2.9B)
Energy Management (Landis+Gyr)
(# Cos: 296 | $2.1B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$227M (▲63.7%)
10(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
20
$2.1B
98
4
296
13
Landis+Gyr
(1896, Switzerland, $1.0B)
Turntide
(2004, United States, $433M)
BluWave-ai
(2017, Canada, $3.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

51. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Uniphore (2008, United States)
$400M - Series E - Feb 2022
Ada (2016, Canada)
$130M - Series C - May 2021
Beijing Wisdom Teeth .. (2014, China)
$100M - Series D - Feb 2022
Leyan Technology (2014, China)
$77.0M - Series C - Mar 2021
Soul Machines (2016, United States)
$70.0M - Series B - Feb 2022
Forethought (2017, United States)
$65.0M - Series C - Dec 2021
Kore.ai (2014, United States)
$50.0M - Series C - Sep 2021
View all 38 Funding Rounds on Tracxn Platform
Customer Service Chatbots
43
51
Back to index
Chatbots (Gupshup)
(# Cos: 4660 | $8.1B)
Industry Agnostic (atSpoke)
(# Cos: 1347 | $3.7B)
Customer Support (LivePerson)
(# Cos: 1156 | $3.0B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$226M (▲1100%)
38(▲5.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
52
$3.0B
284
6
1156
54
LivePerson
(1995, United States)
Nuance
(1992, United Kingdom)
Kore.ai
(2014, United States, $84.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

52. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Diamond Foundry (2012, United States)
$200M - Series D - Mar 2021
AKHAN Semicon.. (2012, United States)
$20.0M - Series B - Nov 2021
AKHAN Semicon.. (2012, United States)
$5.7M - Series A - Nov 2021
Synthetic Diamond Semiconductors
44
52
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Advanced Materials (View)
(# Cos: 1416 | $10.2B)
Semiconductors (Menlo Micro)
(# Cos: 67 | $761M)
Synthetic Diamond (Diamond Foundry)
(# Cos: 8 | $343M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$226M (▲ >10K%)
3(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$343M
3
-
8
1
Diamond Foundry
(2012, United States, $315M)
Element Six
(1946, United Kingdom)
AKHAN Semiconductor
(2012, United States, $25.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

53. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Invasive Brain-Computer Interfaces
45
53
Back to index
Brain Computer Interface (MindMaze)
(# Cos: 219 | $1.4B)
Invasive Interface (Neuralink)
(# Cos: 4 | $305M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$225M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$305M
3
-
4
2
Neuralink
(2016, United States, $271M)
Paradromics
(2015, United States, $29.7M)
BIOS
(2015, United Kingdom, $4.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Neuralink (2016, United States)
$205M - Series C - Jul 2021
Paradromics (2015, United States)
$20.0M - Seed - Jul 2021

54. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Facial Recognition
46
54
Back to index
Image Recognition (Scandit)
(# Cos: 750 | $11.1B)
Facial Recognition (iProov)
(# Cos: 253 | $2.0B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$216M (▲49.3%)
8(▼55.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
20
$2.0B
98
1
253
20
iProov
(2011, United Kingdom, $78.0M)
HyperVerge
(2014, India, $1.0M)
Kairos
(2011, United States, $19.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
AnyVision (2015, Israel)
$235M - Series C - Jul 2021
Incode (2015, United States)
$220M - Series B - Dec 2021
Unico (2007, Brazil)
$121M - Series C - Aug 2021
iProov (2011, United Kingdom)
$70.0M - Series B - Jan 2022
Incode (2015, United States)
$30.0M - Series A - Mar 2021
Paravision (2013, United States)
$23.0M - Series B - May 2021
Smile Identity (2017, United States)
$7.0M - Series A - Jul 2021
View all 8 Funding Rounds on Tracxn Platform

55. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Biolinq (2012, United States)
$100M - Series B - Nov 2021
Bigfoot Biome.. (2014, United States)
$57.0M - Series C - Mar 2021
GraphWear (2015, United States)
$20.5M - Series B - Oct 2021
Signos (1999, United States)
$13.0M - Series A - Nov 2021
HAGAR (2017, Israel)
$11.7M - Series B - Aug 2021
BeatO (2015, India)
$5.7M - Series A - Jun 2021
DiaMonTech (2015, Germany)
$5.7M - Series A - Feb 2022
View all 8 Funding Rounds on Tracxn Platform
Diabetes Wearable
47
55
Back to index
Wearable Technology (Oculus)
(# Cos: 6045 | $19.5B)
Health and Wellness Devices (Elvie)
(# Cos: 2346 | $8.2B)
Diabetes Monitoring (Dexcom)
(# Cos: 194 | $1.5B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$214M (▲112%)
8(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
10
$1.5B
85
10
194
13
Dexcom
(1999, United States, $52.7M)
BeatO
(2015, India, $14.1M)
Bigfoot Biomedical
(2014, United States, $215M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

56. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Shield AI (2015, United States)
$210M - Series D - Aug 2021
Defendry (2019, United States)
$353K - Seed - Jun 2021
Surveillance Drones
48
56
Back to index
Security & Surveillance Technology (ADT)
(# Cos: 8460 | $15.9B)
Security Patrolling System (Knightscope)
(# Cos: 71 | $643M)
Unmanned Aerial System (Shield AI)
(# Cos: 27 | $514M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$210M (▲46.9%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$514M
14
2
27
2
Shield AI
(2015, United States, $399M)
Airobotics
(2014, United States, $101M)
Sunflower Labs
(2016, United States, $5.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

57. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Mythic (2012, United States)
$70.0M - Series C - May 2021
Flex Logix (2014, United States)
$55.0M - Series D - Mar 2021
Homo Smart (2020, China)
$46.2M - Seed - Aug 2021
Analog Infere.. (2018, United States)
$23.6M - Series A - May 2021
EdgeCortix (2019, Japan)
$8.0M - Series A - Feb 2022
RiVAI (2018, China)
Undisclosed - Series A - Sep 2021
Saifang (2018, China)
Undisclosed - Series A - Aug 2021
Edge AI Accelerators
49
57
Back to index
Edge Computing (Aruba Networks)
(# Cos: 370 | $9.3B)
Edge AI Processors (Ambarella)
(# Cos: 51 | $4.4B)
AI Accelerators (Flex Logix)
(# Cos: 24 | $611M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$203M (▲2436%)
7(▲600%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$611M
15
-
24
6
Flex Logix
(2014, United States, $82.0M)
Mythic
(2012, United States, $165M)
AlphaICs
(2016, United States, $11.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

58. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Technology - Top Business Models Report
Recent Funding Rounds
Cognite (2016, Norway)
$150M - Series B - May 2021
micropsi industries (2014, Germany)
$34.3M - Series B - Feb 2022
Urbanbase (2013, South Korea)
$11.1M - Series B - Aug 2021
CINTOO (2013, France)
$6.0M - Series A - Jan 2022
Cognite (2016, Norway)
Undisclosed - Series B - Feb 2022
Digital Twin Modelling Software
50
58
Back to index
Digital Twin (Altair)
(# Cos: 479 | $2.5B)
Development Tools (Esri)
(# Cos: 84 | $565M)
Modelling (Cognite)
(# Cos: 55 | $324M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$201M (▲168%)
5(▲25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$324M
16
1
55
5
Cognite
(2016, Norway, $225M)
Urbanbase
(2013, South Korea, $20.0M)
HoloBuilder
(2016, United States, $2.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

59. Technology - Top Business Models Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
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