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Energy and industrial VC activity down in 2019: Here’s what it means for entrepreneurs

Energy and industrial VC activity down in 2019: Here’s what it means for entrepreneurs

Image Credit: Siwabud Veerapaisarn / EyeEm / Getty Images Last year , I wrote about the massive 10-year growth trend in venture capital dollars flowing into technology companies that serve the energy and industrial verticals. In fact, venture funding for startups addressing these verticals grew 30% per year from $750 million in 2010 to more than $6 billion in 2018. Note: All of the figures in this story are based on data pulled from Pitchbook. After the surge in 2018, the 2019 numbers reveal a shift towards fewer early-stage investments and higher valuations – indicating that VCs are growing […]

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