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Update: Azafran’s Applied Deep Tech Index & Tracker

Compiled each week by the Azafran Data Team, transactions specific to the Azafran Fund II Thesis have soared from a total of ~$4B in 2017 to over $60B YTD Q4 2021 and are forecasted to exceed $200B by 2025.


The Azafran Applied Deep Tech Index tracks all transactions globally related to companies utilizing voice, acoustics/sensory and imagery feeding augmented AI/ML into the MedTech, IoT and Enterprise/B2B markets.


Results total YTD of funding by year:

  • 2021: $60.72B - 1,696 companies - Funding of $35.8M (Mean) / $9.4M (Median)

  • 2020: $19.85B - 961 companies - Funding of $20.7M (Mean) / $6M (Median)

  • 2019: $21.7B - 1,023 companies - Funding of $21.2M (Mean) / $3.5M (Median)

  • 2018: $8B - 740 companies - Funding of $10.8M (Mean) / $2.67M (Median)

  • 2017: $4.07B - 598 companies - Funding of $6.8M (Mean) / $1.6M (Median)

Industries Funding in 2021

  • IoT - $34.91B

  • Enterprise - $16.67B

  • Health & Wellness - $9.15B

The Azafran Data Team has created a proprietary data repository and machine learning engine (Ametrine), where we track over 5,900+ AI/ML companies worldwide broken into select categories, markets, themes, industries and metrics. We track 400+ attributes across all the companies, some examples include geography, technology focus, and modalities.


Source: Azafran Data Team

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