Il Sole 24 Ore: innovation, 2022 and the algorithm that identifies growth sectors for those investing in startups

In the column "Info Data – news told with numbers", Il Sole 24 Ore analyzes the 2022 performance of the early-stage startup sector by interpreting the data from QuSeed, the SaaS platform of Startup Bakery, which, using Artificial Intelligence, aims to provide a pulse on the Innovation market.

The 2022 was not a great year for the innovation ecosystem. Globally, the number of startups founded decreased by 63% compared to 2021, funding rounds by 30.5% and the capital raised by 26.7%. Numbers that emerge from analyzing the database of Crunchbase, a company that collects data related to businesses. These were analyzed by QuSeed, software as a service developed by Startup Bakery, an Italian startup studio founded in 2020.

The algorithm did not simply perform a general calculation on the trend of startups worldwide, but also identified the growing sectors and those that are not.

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With the sole exception of virtual reality, the group of the 5 top performers regarding the score has a very low Idr. They are, in other words, sectors that are in significant growth and are talked about little: the perfect profile of the areas to invest in, obviously with the hope that one of these startups becomes a unicorn…

The complete article, signed by Riccardo Saporiti, is online at ilsole24ore.com