Pitchbook

Growth in key tech sectors is set to rocket after a landmark $1 trillion (€0.85 trillion) infrastructure package bill passed in the US Senate, part of a comprehensive $3.5 trillion (€2.98 trillion) plan within President Biden’s post-COVID Build Back Better initiative and paralleling the UN‘s Race To Zero campaign.

Valued at one trillion dollars, the global Internet of Things (IoT) market continues to garner keen interest from innovators, receiving a record $1.4 billion in venture capital in 2016. But barriers to its adoption in the enterprise seem to keep the sector in the hype zone,