What’s Next: Trends in Innovation and Technology for 2021

  • Healthtech: Technology within the health sector has grown by approximately 37% this year, from USD$38.5bn in 2019 to an expected USD$52.5bn by the end of 2020 in Venture Capital investment. This increase is proportionally related to the COVID-19 crisis, as technological solutions were globally sought to address the global pandemic, from which we highlight telemedicine, IoT in medical devices and AI used to track the spread of the virus.
  • Direct to consumer: The multiples and long lockdown periods led people to change their consumption habits, resulting in the closure and fewer visits in stores and restaurants, forcing these businesses to give a try into new online platforms to provide delivery service. Within the food sector, multiple solutions excelled among virtual supermarkets, digital wholesalers and distributors, as well as on-demand delivery platforms that helped the world’s population migrate to a virtual reality. For further information about the Digital Retail Food Services industry, direct to this article.
  • Offline to Online: Digitalization accelerated in today’s context; traditional businesses found the need to digitalized. Within these efforts, there are startups that have allowed this transformation process to be easier for businesses through tools enabled by Artificial Intelligence, Machine Learning, Natural Language Processing, Big Data, etc. For example, some startups driving this change are: Mmuze in Israel, Intouch in Ireland, and LoveLocal in India.
  • Social Distancing: It is the most obvious result of this pandemic. From work-from-home tools to online events platforms, technology development increased to drive this trend. Some technologies that are used within the future of work are: augmented reality, virtual reality, and mixed reality. Some examples of startups in this space are Magic Leap, Spatial and Tandem in the US.
  • Ghost Kitchens: The restaurant and food sector experienced a profound transformation this year, derived from the confinements and the need for restaurants to serve the masses of customers who shifted to the digital world, from which it has been notorious the adoption of ghost kitchens, virtual restaurants, kitchensas-a-service, kitchen aggregators and prop-kitchens. Some startups creating this ecosystem globally are: Mimic in Brazil, Kitopi in UAE, Nextbite and Kitchen United in the US. For further information about the Kitchen Multiverse, please direct to this article.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
ACV

ACV

584 Followers

ACV is an international Corporate Venture Capital (CVC) fund investing globally in Startups & VC funds.