** new market-map drop ** Frontier Tech enthusiasts! We're happy to share the Lightspeed India & SEA Frontier Tech Market Map for 2024: https://shorturl.at/8anWM
Frontier Tech isn't new. Over the last decade, funding for Frontier Tech has doubled from 10% to 20%. Overall VC funding has also grown from ~US$127B/yr to ~US$285B/yr. Investor confidence grows as studies show similar returns to traditional ventures. The game is changing.
AI infrastructure's trinity: compute & foundation, data transformation, and middleware & tooling. At Lightspeed, we've been trailblazers in India's #GenerativeAI, backing pioneers like SarvamAI and Portkey. Tackling India's challenges with innovation and vision.
Furthermore, India's space sector is projected to hit $13B by 2030. Companies like Pixxel Space, Co-Founded by Awais Ahmed and Kshitij Khandelwal, are leading the charge in satellite and launch services. New-age firms focus on satellites, launch services, and space debris prevention. With satellite counts expected to reach 100K by 2030, efficient launch solutions are crucial.
At Lightspeed, we've supported various companies and founders worldwide, including in India going after really hard problems. For a deep dive into the Frontier Tech landscape, including other emerging sectors like Clean Tech and Robotics, see the full report here: https://shorturl.at/8anWM