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Semiconductor Engineering .:. $8.5B For Auto, IoT, Security Startups
Investors infused $4.9 billion into automotive-related startups, nearly $2.5 billion into IoT startups and almost $1.2 billion into cybersecurity startups so far in 2018, according to Semiconductor Engineering’s estimates of private funding in the first six months of 2018.
Popular investments included companies using artificial intelligence, big data analytics, blockchain, machine learning, and sensors to develop advanced automotive electronics, cybersecurity, and the Internet of Things. Many investors are ready to provide money to startups in these markets, as witnessed by the nearly $8.5 billion in private funding invested during the first six months of this year.
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