PitchBook issues “2022 Emerging Technology Outlook” report
PitchBook’s “2022 Emerging Technology Outlook” reviews the predictions of the organization’s analysts across 11 sectors within emerging tech, including agtech, artificial intelligence and machine learning, climate tech, enterprise healthcare, retail healthtech, information security, and the Internet of Things (IoT).
What are the key takeaways?
- Personalized medicine will set a record for VC funding, as a confluence of technologies helps advance the sector’s capabilities.
- The IoT/Operational Technology security category will see a billion-dollar public listing, as pure-play internet of things and operational technology security companies capitalize on the surge in industrial ransomware attacks.
- M&A activity will rise in information security, insurtech and agtech, which will see record acquisitions in the precision ag sector. Carbon-negative technologies, especially direct air capture, will garner significant venture capital investment as the world confronts the climate crisis.
The report can be downloaded at this link.