The past several years have been full of inflection points – the impact of the virus, attitudes towards climate sustainability, healthcare, and in general the economy. These shifts have caused certain tech sectors to falter (manufacturing, supply chain, and aviation) and have resulted in surges for others (healthcare, climatetech, AI, and communications). The single most evident common denominator between these is the potential for innovation.
Pitchbook has analyzed thousands of data points and predicted strong growth for 2022 in 11 key sectors. These are areas with great need for improvement (like supply chain tech), or great potential for growth (like climate tech and AI/ machine learning). According to Pitchbook, these following areas will see rapid expansion and investment capital in 2022.
- AI and ML
- Climate Tech
- Enterprise Health
- Information security
- Internet of Things
- Mobility Tech
- Retail Healthcare
- Supply Chain Tech
Octane supports innovation in each of these categories through our LaunchPad SBDC Accelerator. Our process provides subject matter experts in these specific areas and Octane Capital & Growth enables emerging companies to access capital and growth resources. As an organization, Octane also has created multiple initiatives, one of which is healthsocal.ai - a program with the goal of utilizing AI to increase equitable healthcare for our region.
Additionally, Octane is a general partner in Visionary Ventures, an ophthalmology and aesthetic-focused VC, and in Elevation Ventures, focused on climate solutions through agtech, mobility and electrification - both funds address several of Pitchbook’s top-predicted growth sectors for the coming year.
Would you like to get involved with Octane or do you have an emerging company in one of these industries? Please apply to our LaunchPad SBDC Accelerator or contact email@example.com to see how Octane can help you grow.