Technology SPACs

Complete breakdown of 118 SPACs in the Technology sector. Average return of +14.4% with a 8.5% bankruptcy rate.

Total SPACs

118

Avg Return

+14.4%

Bankruptcy Rate

8.5%

Capital Raised

$56.4B

trust sizes combined

Bankrupt

10

Zombie

32

Survivors

30

Peak Market Cap

$105.0B

All Technology SPACs (118)

CompanyTickerPeakCurrentReturnStatusYear
Near IntelligenceNIR$8.00$0.00-100.0%bankrupt2023
Quanergy SystemsQNGY$10.50$0.00-100.0%bankrupt2022
Embark TechnologyEMBK$13.50$0.00-100.0%bankrupt2021
IronNet CybersecurityIRNT$47.50$0.00-100.0%bankrupt2021
dMY Technology Group / IronNetDMYT$16.00$0.00-100.0%bankrupt2021
Wejo GroupWEJO$16.00$0.00-100.0%bankrupt2021
Cyxtera TechnologiesCYXT$12.50$0.00-100.0%bankrupt2021
KLDiscoveryKLDI$27.00$0.10-99.9%zombie2019
Banzai InternationalBNZI$50.00$0.50-98.0%zombie2023
CXAppCXAI$21.00$1.50-97.4%zombie2020
Aeries TechnologyAERT$11.40$0.33-96.7%zombie2021
AEyeLIDR$17.00$0.50-95.0%zombie2021
SES AISES$11.47$1.05-89.5%zombie2020
CycurionCYCU$323.87$1.18-88.2%zombie2022
MatterportMTTR$37.60$5.50-85.0%zombie2021
Innoviz TechnologiesINVZ$19.00$2.50-85.0%zombie2021
NU RideNRDE$477.00$0.10-83.7%bankrupt2019
Nextdoor HoldingsKIND$17.00$1.80-82.0%zombie2021
Marti TechnologiesMRT$17.73$2.00-80.0%zombie2021
MicroCloud HologramHOLO$280000.00$2.02-79.8%zombie2021
Airship AI HoldingsAISP$14.32$2.38-76.2%zombie2021
Forum MarketsFRMM$49571.00$0.50-70.8%zombie2017
BigBear.ai HoldingsBBAI$16.12$3.68-63.2%zombie2021
XBP Global HoldingsXBP$474.00$2.00-60.8%zombie2021
Aurora InnovationAUR$17.77$4.38-56.2%zombie2021
Grab HoldingsGRAB$13.06$4.80-52.0%survivor2021
EnovixENVX$39.48$5.02-49.8%survivor2020
Solidion TechnologySTI$692.50$5.48-45.2%survivor2022
Evolv Technologies HoldingsEVLV$12.90$4.00-41.4%zombie2020
Grid Dynamics HoldingsGDYN$42.81$6.03-39.7%survivor2018
Athena Technology Acquisition Corp. IIATEK$13.41$7.05-29.5%survivor2021
Evolution Metals & TechnologiesEMAT$24.08$7.18-28.2%survivor2021
Kodiak AIKDK$11.35$7.48-25.2%survivor2023
Art Technology AcquisitionARTC$9.86$9.80-2.0%survivor2025
Lafayette Digital Acquisition Corp. IZKP$10.00$9.86-1.4%survivor2025
Insight Digital Partners IIDYOR$10.47$9.96-0.4%survivor2025
Mission AdvancementMACU$10.00$0.000.0%delisted2021
DT Cloud Acquisition$0.00$0.000.0%zombie2024
AI Transportation Acquisition$0.00$0.000.0%zombie2023
Roman Dbdr Tech Acquisition Corp. II$0.00$0.000.0%delisted2022
Lazard Fintech Acquisition Corp. I$0.00$0.000.0%delisted2021
Ascendant Digital Acquisition Corp. III$0.00$0.000.0%delisted2021
TechStackery$0.00$0.000.0%delisted2021
Reinvent Technology Partners X$0.00$0.000.0%delisted2021
InterPrivate IV InfraTech Partners$0.00$0.000.0%delisted2021
ScION Tech Growth II$0.00$0.000.0%delisted2021
Tio Tech A$0.00$0.000.0%delisted2021
Crown PropTech AcquisitionsCPTKW$0.00$0.000.0%zombie2021
Logistics Innovation Technologies$0.00$0.000.0%delisted2021
Ault Disruptive Technologies$0.00$0.000.0%zombie2021
ShoulderUP Technology Acquisition$0.00$0.000.0%zombie2021
TPG Pace Tech Opportunities II$0.00$0.000.0%delisted2021
McLaren Technology Acquisition$0.00$0.000.0%delisted2021
Stratim Cloud Acquisition$0.00$0.000.0%delisted2021
Tekkorp Digital Acquisition Corp. II$0.00$0.000.0%delisted2021
Joff Fintech Acquisition$0.00$0.000.0%delisted2021
Global Technology Acquisition Corp. I$0.00$0.000.0%zombie2021
Anthemis Digital Acquisitions I$0.00$0.000.0%delisted2021
FinTech Evolution Acquisition Group$0.00$0.000.0%zombie2021
Industrial Tech Acquisitions II$0.00$0.000.0%delisted2021
Green Visor Financial Technology Acquisition Corp I$0.00$0.000.0%delisted2021
Fintech Ecosystem Development$0.00$0.000.0%zombie2021
Enterprise 4.0 Technology Acquisition$0.00$0.000.0%delisted2021
Graphjet TechnologyGTI$0.00$0.000.0%zombie2021
B Capital Technology Opportunities$0.00$0.000.0%delisted2021
Mason Industrial Technology$0.00$0.000.0%delisted2021
Pegasus Digital Mobility Acquisition$0.00$0.000.0%zombie2021
Aerwins Technologies$0.00$0.000.0%zombie2021
Energy Cloud I Acquisition$0.00$0.000.0%delisted2021
Soar Technology Acquisition$0.00$0.000.0%delisted2021
Gores Technology Partners$0.00$0.000.0%delisted2021
Pine Technology Acquisition$0.00$0.000.0%delisted2021
Gores Technology Partners II$0.00$0.000.0%delisted2021
OceanTech Acquisitions I$0.00$0.000.0%zombie2021
Cerberus Telecom Acquisition Corp. II$0.00$0.000.0%delisted2021
Tech & Energy Transition$0.00$0.000.0%delisted2021
Fintech Acquisition Corp VI$0.00$0.000.0%delisted2021
Neo Technology Acquisition$0.00$0.000.0%delisted2021
Quantum FinTech Acquisition$0.00$0.000.0%delisted2021
Warrior Technologies Acquisition Co$0.00$0.000.0%delisted2021
Marlin Technology$0.00$0.000.0%delisted2021
dMY Technology Group, Inc. II$0.00$0.000.0%delisted2020
Americas Technology Acquisition$0.00$0.000.0%delisted2020
E.Merge Technology Acquisition$0.00$0.000.0%delisted2020
Industrial Tech Acquisitions$0.00$0.000.0%delisted2020
Burgundy Technology Acquisition$0.00$0.000.0%delisted2020
EdtechX Holdings Acquisition Corp. II$0.00$0.000.0%delisted2020
Carney Technology Acquisition Corp. II$0.00$0.000.0%delisted2020
TWC Tech Holdings II$0.00$0.000.0%delisted2020
Tekkorp Digital Acquisition$0.00$0.000.0%delisted2020
BM Technologies$0.00$0.000.0%zombie2018
Atlas Technical Consultants$0.00$0.000.0%delisted2018
MTech Acquisition$0.00$0.000.0%delisted2018
Alexander Tech$0.00$0.000.0%zombie2017
American Virtual Cloud Technologies$0.00$0.000.0%bankrupt2017
Draper Oakwood Technology Acquisition$0.00$0.000.0%delisted2017
DermTechDMTKQ$0.00$0.000.0%bankrupt2017
GTY Technology Holdings$0.00$6.300.0%acquired2016
Cslm Digital Asset Acquisition Corp IiiKOYN$10.08$10.03+0.3%survivor2025
AI Infrastructure AcquisitionAIIA$10.24$10.05+0.5%survivor2025
Digital Asset AcquisitionDAAQ$11.24$10.23+2.3%survivor2025
AvePointAVPT$20.25$10.24+2.4%survivor2019
Republic Digital Acquisition CoRDAG$12.64$10.25+2.5%survivor2025
Compass Digital AcquisitionCDAQF$12.50$10.32+3.2%survivor2021
DT Cloud Star AcquisitionDTSQ$12.90$11.10+11.0%survivor2024
Investcorp AI AcquisitionIVCAF$12.98$12.00+20.0%survivor2022
FutureTech II AcquisitionFTII$14.00$12.02+20.2%survivor2022
Technology & Telecommunication AcquisitionTETEF$14.45$13.01+30.1%survivor2022
dMY Squared Technology GroupDMYY$15.53$13.45+34.5%survivor2022
GrindrGRND$80.00$14.00+40.0%survivor2022
Cipher DigitalCIFR$25.52$8.00+48.9%survivor2020
Aeva TechnologiesAEVA$109.18$15.38+53.8%survivor2020
Rigetti ComputingRGTI$58.15$15.88+58.8%survivor2021
Amprius TechnologiesAMPX$26.01$18.68+86.8%survivor2022
Mirion TechnologiesMIR$30.28$19.32+93.2%survivor2020
LanzaTech GlobalLNZA$1080.00$16.35+121.9%survivor2021
IonQIONQ$84.64$33.11+231.1%survivor2020
Vertiv Holdings CoVRT$276.78$256.00+2460.0%survivor2018

Technology Sector Summary

The Technology sector saw 118 companies go public via SPAC mergers, raising a combined $56.4B in trust capital. With an average return of +14.4% and 10 bankruptcies out of 118 companies (8.5% bankruptcy rate), Technology has performed relatively better than other SPAC sectors, though still underwater. At peak, these companies reached a combined market cap of $105.0B.