Startups Blog

Driven by the rapid advances of companies like Space-x, Blue Origin, and Virgin Galactic, the private space sector has never been this hot. Unsurprisingly, numerous startups are also trying to get in on the action. Reportedly space startups brought in a total investment of $7.6 billion in 2020 alone.

Startups are relatively fragile entities that need a lot of support to achieve sustainable growth and lasting success. Like many organisms in nature, startups need the right conditions to take root and thrive.

Starting a business can be quite expensive. There are endless costs that go into both creating and running a business. The average person usually doesn’t have sufficient funds or the full freedom to develop a brand.

Wealthtech is truly booming - to the tune of more than $42 billion in growth nationwide by 2028. On the back of a barnstorming 2021 (where funding in the niche breached $14.5 billion), the future's bright. But what are startups doing to make wealthtech appealing to businesses and consumers? With three-quarters of all Americans already using associated platforms, we're in the eye of the storm.

The luxury watch market is steadily growing with no plateau in sight. Between now and 2027, it’s expected to grow by an impressive 2.69% CAGR. Therefore, it’s no wonder that many startups wish to take full advantage of the burgeoning niche. However, there’s a significant boom in second-hand luxury, too.

While many venture capitalists are keen to keep their interests within US borders, Canada seems ever more lucrative. It’s estimated that around 95,000 new companies launch across the Great White North every year. What’s more, there are many reasons why startups choose to base themselves in Canada - thanks to attractive subsidies. But what is it about the tech scene in Canada that’s proving so appealing to VCs worldwide?

The global supply chain is truly enormous - and yet, it remains sensitive to disruption. Statistics show that up to 22% of managers are willing to embrace new models to boost chain resilience. Could the answer lie in startups and innovators working purely in chain reinvention? New funding opportunities are appearing thick and fast - and robotics may hold the answer to chain-based headaches.

Investing in startups can seem a little precarious. On the one hand, investing in exciting new ideas - and passionate expertise - can be lucrative. However, various studies suggest around 80% of ventures are doomed to fail. Does this balance out at all for those injecting money into said schemes and innovators?

Artificial intelligence, or AI, is all around us. The future is automated - and millions of startups worldwide are taking full advantage of the latest tech. The global market size for AI will explode to $125 billion by mid-decade.

The past two years have led to dramatic change across various industries - fintech among them. In 2021, data shows that US fintech venture capital almost doubled year on year. Following the uncertainty of 2020, therefore, we may be forgiven for thinking fintech fortunes are on the rise. But are we heading straight into a downturn - and what will this mean for those working in the industry?