CB Insights 2025 未来科技新星：45 家高潜力初创公司名单与技术趋势解读｜Jinqiu Select

Core Insights - The report by CB Insights identifies 45 promising tech startups across six sectors, with a total funding exceeding $2.8 billion and an average Mosaic score of 791, indicating strong potential for commercialization [3][4]. Group 1: Industry Characteristics - Enterprise Tech: Comprises 22 companies focusing on AI infrastructure and developer tools, with the largest average funding [4]. - Financial Services: Features 7 companies where AI-native finance is the main theme, with regulatory compliance as a key barrier [4]. - Healthcare: Includes 6 companies led by voice AI and clinical workflow automation, with HIPAA compliance as a prerequisite [4]. - Industrials: Contains 6 companies where robotics and geospatial AI are emerging, characterized by strong hard-tech attributes and lengthy validation cycles [4]. - Legal: Comprises 2 companies where AI is applied in judicial reasoning and contract review, with proprietary data as a critical moat [4]. - Retail and Supply Chain: Features 2 companies focusing on consumer AI applications and logistics decision optimization, closest to the consumer end [4]. Group 2: Technology Trends - De-generalization of AI Infrastructure: The value is shifting towards infrastructure optimized for specific tasks rather than general models, with companies like Exa and Cartesia leading this trend [6]. - Rise of Agentic Workflow: AI is evolving from answering questions to executing tasks, with companies like Maven AGI achieving a 93% autonomous resolution rate in customer service [7]. - AI Integration into the Physical World: AI is moving from screens to physical applications, impacting energy, manufacturing, and spatial computing, as seen with Skild AI and Persona AI [8]. - Zero Hallucination Technology: High-risk industries are pushing for technologies that ensure zero hallucination, with companies like Harmonic and BenchIQ focusing on verifiable reasoning [9]. - Compliance and Sovereignty as Barriers: Regulatory compliance is becoming a structural barrier, with data sovereignty as a prerequisite for global expansion, highlighted by InCountry and WitnessAI [10]. Group 3: Company Highlights - Cartesia: Developed ultra-low latency voice AI with a funding of $91 million and a Mosaic score of 849, focusing on real-time conversational AI [11]. - Coval: Provides AI agent testing infrastructure with a funding of $3.3 million and a Mosaic score of 743, addressing the challenges in agent deployment [12]. - Maven AGI: Achieved a 93% autonomous resolution rate in customer support with a funding of $78 million and a Mosaic score of 823, indicating strong market fit [26]. - Harmonic: Focuses on formal mathematical reasoning AI with a funding of $175 million and a Mosaic score of 795, ensuring zero hallucination in critical applications [20]. - InCountry: Offers data residency services across 90+ countries with a funding of $50 million and a Mosaic score of 769, emphasizing compliance in data storage [21].