Utilities Tech Sector

VNET Group

Market Cap: US$1.5b

An investment holding company, provides hosting and related services in China.

Karooooo

Market Cap: US$1.5b

Provides a mobility software-as-a-service (SaaS) platform for connected vehicles in South Africa, the rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States.

CompoSecure

Market Cap: US$1.4b

Manufactures and designs metal, composite, and proprietary financial transaction cards in the United States and internationally.

Pagaya Technologies

Market Cap: US$1.4b

A product-focused technology company, deploys data science and proprietary artificial intelligence-powered technology for financial services and other service providers, their customers, and asset investors in the United States, Israel, and the Cayman Islands.

Olo

Market Cap: US$1.4b

Operates an open SaaS platform for restaurants in the United States.

Adeia

Market Cap: US$1.4b

Operates as a media and semiconductor intellectual property licensing company in the United States, Asia, Canada, Europe, the Middle East, and internationally.

Cipher Mining

Market Cap: US$1.4b

Develops and operates industrial-scale data centers in the United States.

Megaport

Market Cap: AU$2.2b

Provides on-demand interconnection and internet exchange services to the enterprises and service providers in Australia, New Zealand, Hong Kong, Singapore, Japan, North America, Italy, and rest of Europe.

Oxford Instruments

Market Cap: UK£1.0b

Oxford Instruments plc provide scientific technology products and services for academic and commercial organizations worldwide.

Benchmark Electronics

Market Cap: US$1.4b

Offers product design, engineering services, technology solutions, and manufacturing services in the Americas, Asia, and Europe.

Navitas Semiconductor

Market Cap: US$1.3b

Designs, develops, and markets power semiconductors in the United States, Europe, China, rest of Asia, and internationally.

Semrush Holdings

Market Cap: US$1.3b

Develops an online visibility management software-as-a-service platform in the United States, the United Kingdom, and internationally.

PagerDuty

Market Cap: US$1.3b

Engages in the operation of a digital operations management platform in the United States and internationally.

A10 Networks

Market Cap: US$1.3b

Provides security and infrastructure solutions in the United States, rest of the Americas, Japan, rest of the Asia Pacific, Europe, the Middle East, and Africa.

CommScope Holding Company

Market Cap: US$1.3b

Provides infrastructure solutions for communications, data center, and entertainment networks worldwide.

Rogers

Market Cap: US$1.3b

Designs, develops, manufactures, and sells engineered materials and components in the United States, other Americas, China, other Asia Pacific countries, Germany, Europe, the Middle East, and Africa.

MeridianLink

Market Cap: US$1.2b

A software-as-a service company, provides software solutions for banks, credit unions, mortgage lenders, specialty lending providers, and consumer reporting agencies in the United States.

CTS

Market Cap: US$1.2b

Manufactures and sells sensors, connectivity components, and actuators in North America, Europe, and Asia.

Digi International

Market Cap: US$1.2b

Provides business and mission-critical Internet of Things (IoT) connectivity products, services, and solutions in the United States, Europe, the Middle East, Africa, and internationally.

Jamf Holding

Market Cap: US$1.2b

Provides management and security solutions for Apple platforms in the Americas, Europe, the Middle East, India, Africa, and the Asia Pacific.

Kainos Group

Market Cap: UK£902.9m

Engages in the provision of digital technology services in the United Kingdom, Ireland, North America, Central Europe, and internationally.

Veeco Instruments

Market Cap: US$1.2b

Develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices.

Raspberry Pi Holdings

Market Cap: UK£887.0m

Designs and develops single-board computers and compute modules internationally.

Radware

Market Cap: US$1.2b

Develops, manufactures, and markets cyber security and application delivery solutions for cloud, on-premises, and software defined data centers worldwide.

Sprout Social

Market Cap: US$1.2b

Designs, develops, and operates a web-based social media management platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Smarter Web

Market Cap: UK£862.7m

Operates as a web design agency.

BigBear.ai Holdings

Market Cap: US$1.2b

Provides artificial intelligence-powered decision intelligence solutions.

Objective

Market Cap: AU$1.8b

Supplies information technology software and services in Australia and internationally.

MaxLinear

Market Cap: US$1.1b

Provides communications systems-on-chip solutions in the United States, Asia, Europe, and internationally.

Porch Group

Market Cap: US$1.1b

Operates a vertical software and insurance platform in the United States.

Bel Fuse

Market Cap: US$1.1b

Designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits.

Applied Optoelectronics

Market Cap: US$1.1b

Designs, manufactures, and sells fiber-optic networking products in the United States, Taiwan, and China.

E2open Parent Holdings

Market Cap: US$1.1b

Provides cloud-based and end-to-end supply chain management and orchestration SaaS platform in the Americas, Europe, and the Asia Pacific.

Photronics

Market Cap: US$1.1b

Engages in the manufacture and sale of photomask products and services in the United States, Taiwan, China, Korea, Europe, and internationally.

Ouster

Market Cap: US$1.1b

Provides lidar sensors for the automotive, industrial, robotics, and smart infrastructure industries in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa.

Diginex

Market Cap: US$1.1b

Through its subsidiaries, engages in the provision of environmental, social, and governance (ESG) reporting solution services, advisory services, and developing customization solutions in Hong Kong, the United Kingdom, and the United States.