Among all the emerging tech companies globally, those working on robotics have witnessed the highest investor interest with a significant 2.93 investors-to-idea ratio in 2017, says GlobalData, a UK-based data and analytics company.
The report emphasises that although Artificial Intelligence (AI) is ahead of all technologies in terms of volume terms, robotics has the edge over others in terms of investors-to-idea ratio. The rise in interest for robotics is also supported by the average deal value recorded in this segment, which is the second highest at $28 million compared to AI’s $18 million.
Interestingly, blockchain has seen the lowest investor interest as well as the lowest average deal value among all technologies, with a 2.23 investors-to-idea ratio and $12 million respectively in 2017.
GlobalData’s analysis noted a mixed result for connected devices & IoT segment, which stood atop the average deal value chart with $29.5 million, but slipped to third in terms of interest at a 2.62 investors-to-idea ratio.If you have an interesting story to share, please send it to [email protected]