Deeptech Startup Definition
A deeptech startup refers to a technology-based startup company that focuses on developing and commercializing advanced and cutting-edge technologies. These technologies often involve significant scientific or engineering breakthroughs and require specialized knowledge and expertise.
Deeptech startups typically work on innovations in fields such as artificial intelligence (AI), machine learning, robotics, biotechnology, nanotechnology, quantum computing, advanced materials, and other emerging scientific and technological domains. These startups leverage scientific research and technological advancements to create disruptive products, services, or solutions that have the potential to significantly impact industries and society as a whole.
Compared to traditional tech startups, deeptech startups often require more extensive research and development efforts, longer development cycles, and higher capital investments. They typically tackle complex and challenging problems and aim to push the boundaries of what is currently possible in their respective fields. Additionally, deeptech startups often collaborate closely with academic institutions, research centers, and industry experts to access the necessary expertise and resources.
The term "deeptech" emphasizes the depth and complexity of the underlying technology, highlighting the need for specialized knowledge and expertise to develop and commercialize these innovations. These startups often target niche markets or specific industry verticals and aim to create transformative solutions that offer a significant competitive advantage or address critical global challenges.