FROM TECH TO DEEP TECH

Our first report with BCG gathers experience from 400 deep-tech startups and 30 leading VCs, corporates, and other key actors to help you understand the latest trends and dynamics behind deep-tech innovation, and how startups and corporates can build business partnerships.

  • Startups today bet on long-term and high-risk deep-tech innovation - such as storage of information in DNA, or antimatter propulsion - that used to be the prerogative of public research. They bring innovation based on artificial intelligence, robots, new materials, and biotechnologies in all sectors.
  • Main challenges faced by deep-tech startups are lengthy time-to-market (27%), high capital intensity (25%), and technology risk and complexity (17%)
  • 97% of deep-tech startups wish to collaborate with corporates, mainly looking for access to market and technical & industrial expertise and capability
  • There is no standard formula for deep-tech startups & corporate collaboration, but frameworks based on the experience of 30 key actors allow to understand key success factors according to your objectives, startups maturity, market readiness

THE DAWN OF THE DEEP TECH ECOSYSTEM

Our second report in partnership with BCG explores the dynamics of the evolving deep tech ecosystem and offers observations on how participants can maximise the value of their engagement.

  • Global private investment has soared in seven deep technologies by more than 20% per year from 2015 to 2018 reaching almost $18 billion.
  • Investment in biotechnologies is the area of highest investment followed by Artificial Intelligence.
  • US companies attract almost half of investments, but funding in other countries is growing much more quickly.
  • Deep tech is no longer reserved just for the scientific community, the barriers to entry are lower than before. 
  • Collaborations in deep tech rely less on a central orchestrator and more on multifaceted interactions. Even when an ecosystem had a strong central player, rarely is any entity in complete control.

GLOBAL STARTUP ECOSYSTEM REPORT by Startup Genome

Hello Tomorrow worked on the Life Sciences Ranking

  • Although private investment is mainly located in, yes you guessed it, the US, talent and knowledge is much more diversified, located in many other areas of the world.
  • Much smaller ecosystems like Lausanne, San Diego and Tel Aviv flying high in the Top 10! Why? Because they're are focusing their efforts on one field instead of many
  • A handful of U.S. ecosystems — led by Silicon Valley, Boston, and San Diego — dominate when it comes to startup success, growth, and exits.

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ABOUT THE AUTHORS

Hello Tomorrow and BCG worked closely together


Hello Tomorrow

Hello Tomorrow is a global organisation which gathers together a community of thousands of the world’s brightest talents, who leverage science and deep technologies to create a better future. Hello Tomorrow initiates and propels collaborations between the world’s most promising projects and leading entrepreneurs, executives and investors, to bring breakthrough technology to market.

The annual Startup Challenge and Global Summit, as well as numerous international events all around the world, have become a unique platform to connect local deep-tech ecosystems with a global innovation network.

More info here

BCG

The Boston Consulting Group (BCG) is a global management consulting firm and the world's leading advisor on business strategy.

We partner with clients from the private, public, and not-for-profit sectors in all regions to identify their highest-value opportunities, address their most critical challenges, and transform their enterprises. Our customized approach combines deep insight into the dynamics of companies and markets with close collaboration at all levels of the client organization.

This ensures that our clients achieve sustainable competitive advantage, build more capable organizations, and secure lasting results. Founded in 1963, BCG is a private company with 85 offices in 48 countries.