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Industry Landscape
The startup acceleration and venture ecosystem is robust, especially for tech-focused ventures. There's a strong emphasis on AI/ML. Competition among accelerators and investors is high, leading to a need for unique value propositions like IIT Startups' niche in the IIT alumni network. Funding remains critical but subject to economic shifts.
Total Assets Under Management (AUM)
Venture Capital Funding in United States
~Q1 2024 VC Funding in US was $36.6 billion
(-16.1% CAGR)
Declined for the fifth consecutive quarter.
Significant drop in mega-rounds (>$100M).
Early-stage funding showed some resilience but remains below peak.
Total Addressable Market
300 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Generative AI
Generative AI, particularly large language models, will revolutionize ideation, product development, and operational efficiency for startups, enabling rapid prototyping and personalized customer experiences.
Decentralized Finance (DeFi)
DeFi applications will offer new avenues for fundraising and alternative investment models, potentially democratizing access to capital beyond traditional venture structures.
Quantum Computing
While nascent, quantum computing promises to unlock unprecedented computational power, enabling breakthroughs in complex problem-solving for deeptech startups in areas like drug discovery and materials science.
Impactful Policy Frameworks
NIST AI Risk Management Framework (2023)
The National Institute of Standards and Technology (NIST) released a voluntary framework in 2023 to help organizations manage risks associated with artificial intelligence, promoting trustworthy and responsible AI development.
This framework will guide IIT Startups' portfolio companies in developing ethical and secure AI products, enhancing their market credibility and reducing potential legal liabilities.
CHIPS and Science Act (2022)
The CHIPS and Science Act, enacted in 2022, provides over $52 billion in subsidies for U.S. semiconductor manufacturing and research, alongside broader investments in scientific research and development.
This act will stimulate significant investment in deeptech and hardware startups within the IIT Startups ecosystem, creating new opportunities for innovation and growth in critical technology sectors.
SEC Climate Disclosure Rule (Proposed 2022/Final 2024)
The SEC proposed rules in 2022 (finalized in 2024) requiring public companies to disclose climate-related risks and greenhouse gas emissions, increasing transparency on environmental impact.
While primarily for public companies, this rule will influence investor scrutiny and diligence on climate-related risks in private companies, pushing IIT Startups' portfolio to consider ESG factors more closely.
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