Startups are important to the economy as they often evolve into successful businesses which employ many people across different types of industries. For this reason, many branches of government in most highly industrialized nations propel the development of young enterprises on a national scale.
It takes 2-3 years on average for startups to make a profit, if the firm is successful. Each startup contains an element of risk given that around 40 percent of startups fail. This is for a variety of reasons, akthough mostly due to a lack of market need.
Many newly-founded startups are based on innovation, scalability, and an improved customer experience. The most successful are often based in the business technology sector.
The U.S. is home to the highest number of startups in the world with over 70,000, operating across multiple industries. The U.S. has double the number of startups compared with Caanda. For startups valued over $1 bullion, for 2022 nearly half of unicorns worldwide were headquartered in North America.
Only time will tell which of the new technology startups launched in 2022 will succeed long-term; however, a handful of them already made headlines in 2022 with outstanding amounts secured in pre-seed and seed funding in their first year.
To pinpoint some of 2022’s top tech startups, Coworking Safe looked at the ones founded this year that have already managed to secure significant pre-seed or seed investments. The full list shows the top 10 U.S. Tech Startups of 2022, along with their industries and total funding amount.
In terms of some of the stand-out companies, ILUMA raised $5.5 million in the largest pre-seed funding round in 2022, the lead investors being Acrew Capital, along with Orange DAO and Hive Hatch.
ILUMA sets out to create autonomous solutions to onboard, manage, support and engage Decentralized Autonomous Organizations (DAOs) in web3, which is described as a new, blockchain-based iteration of the world wide web.
Another firm of interest is Trust Machines, which scored the most sizeable amount in seed funding – $150 million, provided by seven investors, led by Hivemind and Breyer Capital.
Trust Machine has the objective of building a large ecosystem of Bitcoin applications, while also contributing to the growth of the Bitcoin economy.
Interestingly, seven of the ten startups in our ranking operate in the blockchain industry.
