Y Combinator reports a significant increase in hardware and data infrastructure startups in their recent batches.
- Hard-tech share among YC admitted companies rose from about 8% to 20% over the last 12-18 months.
- Robotics rose from about 1% to 6-7%; industrial manufacturing from 4% to 10%; semiconductor/photonics from 1% to near 4%; power infrastructure from 1% to near 3%; defense from 1.5% to 5%.
- Dipole Labs in the current batch is aiming to replace GPU data routing with an all-optical switch.
- In this summer batch, about one in six founders hold a PhD, higher than in the past.
- Some YC companies’ revenue medians after three months of acceleration rose from around $8,000 to nearly $20,000, and one company achieved seven-figure revenue within a batch for the first time.