Deep tech investment continues to gain steam in Europe. In 2018, over €8 billion was invested in European startups with a deep tech edge. Since the start of 2019, over 100 seed & early growth European deep tech startups have been backed by VCs. Check the below data table for more information.
What is Deep Tech?
Deep tech is a subjective term, but useful and frequently requested, in order to group companies that use cutting-edge technologies to solve complex problems. Examples include: artificial intelligence, robotics, autonomous driving & delivery, space-flight, aviation, computer vision, speech recognition, AR/VR. We dive into deep tech further in our recent report with Tech Nation highlighted the UK’s leading position within Europe when it comes to Artificial Intelligence.
Are you interested in the latest investment developments in Europe? Check out our 2018 annual European Venture Capital report