Hardware Startups Are a Silver Lining in a Rough Year

Hardware Startups Are a Silver Lining in a Rough Year

Author

Peter Walker

|

Read time: 

1 minute

Published date: 

January 19, 2023

Hardware saw growth in VC investment when almost every other sector declined in 2022—a positive signal for founders building in the physical world after...

LinkedIn: Hardware Startups Are a Silver Lining in a Rough Year

Give startups just a little good news already!

It's a little exhausting reading (and writing) consistent negative news about VC-backed startups these days. Not saying those stories aren't accurate - it's the dominant narrative for a reason.

We dug deep into our Carta data bag and found a silver lining.

Shout out to the hardware startups - always considered "playing on hard mode", hardware was one of the very few industries to see valuations rise in H2 from H1 last year.

Subscribers to the Data Minute get to see how each of these other industries fared 👀

https://lnkd.in/gNa_Dk-F

Peter Walker
Author: Peter Walker
Peter Walker runs the Insights team at Carta, focused on discovering key data and narratives across the private capital ecosystem. In a former life, he was a marketing executive for a media analytics startup and led the data visualization team at the Covid Tracking Project.

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