The Rise of Deep Tech companies

2. The Rise of Deep Tech: Long-Term, ScienceBased New Ventures

The Rise of Deep Tech Companies

Over the past five years, there has been a big change in the entrepreneurial and venture capital community and the emergence of a new kind of entrepreneur. They make bets on building companies based on scientific discoveries, developing electric cars, exploiting novel therapeutic modalities (mRNA), and launching satellites and commercially focused space capsules. Similarly, some venture capital (VC) investors realized that the next crop of trillion-dollar companies might be built on this wave of transformational science.

Deep technologies are defined as innovations born out of fundamental R&D with the potential to be translated into a product or service with huge market potential. Though it may take a long time to develop them, and there are large technical risks, investing in strongly protecting IP and addressing the technical risks, may be the key to untapped new markets.