Extra than 50% of the unicorns are Chinese corporations.
Hardware startups are expanding from the realm of user tech; global hardware accelerator HAX is aware of this higher than most and tiny print the most up-to-date traits in its yearly characterize. One of basically the most active early-stage hardware traders, the personnel as of late released completely to TechCrunch its yearly characterize with insights on hardware startups.
The characterize highlighted several a must-delight in insights: hardware corporations are more and more entering the public market, and more privately-held hardware startups are exceeding a valuation of $1 billion. Of those unicorns, greater than 50% are Chinese hardware corporations.