Semiconductor Start-up Funding
With the total funding for September reaching $2.9b we looked a bit more closely at who and what was attracting those dollars. The folks at semiengineering.com were nice enough to put together a list of funding for start-ups that occurred in September, which we parsed a bit to see what sub-groups received the most and least funding.
There were 105 start-ups funded in September, totaling $2.978b US, although 19 of the 105 did not disclose the funding amount, with the largest category being materials, a space that rarely gets mentioned unless there is a shortage of a particular material or a rapid rise or fall in the price. Batteries were 2nd in terms of funding which is not a surprise given the focus on EV, and CPU 3rd, also not surprising with AI being mentioned by almost everyone as a way to differentiate their products, regardless of whether its has real relevance. While AR/VR, an outgrowth of the popularity of using the word ‘metaverse’, saw relatively small funding on a per company basis, it was tied for 3rd with materials for the most number of companies funded. The full list of 105 companies and the details on each company can be seen here, thanks to semiengineering.com.