2021-12-15-dealroom.co-2021年工业科技报告（英）_51页_21mb

Industrial Tech: Key Insights from Climate Crisis and Digital Transformation

Industrial Tech is a rapidly growing sector in Europe, driven by the urgent need to address climate change through decarbonization and digital innovation. This sector, focused on technologies like logistics, robotics, and renewable energy, has seen significant growth, with the combined enterprise value of European Industrial Tech startups doubling to €74 billion in 2021, up from €33 billion in 2020, reflecting a 2.2x increase. Key drivers include increased VC investment (€3.8 billion in 2021), strong exits (e.g., InPost and Darktrace), and heightened corporate interest, with foreign investment from the US and Asia now accounting for 56%.

The Industrial Tech ecosystem encompasses 18 core segments, including logistics, robotics, connectivity, and energy, with notable sub-sectors like additive manufacturing showing 41% growth. Investment trends highlight early-stage funding challenges, longer funding cycles, and adaptability to regulatory demands, as evidenced by startups like Aveo adapting to COVID-19 disruptions. Climate mitigation is a major focus, with startups directly targeting emissions reduction through areas such as biomanufacturing and sustainable materials.

Academic and corporate collaboration is crucial; university spinouts (32% of enterprise value creation) and partnerships with large firms like Siemens and ABB play a pivotal role. Government support, including EU programs like NextGenerationEU and Horizon Europe, provides substantial funding opportunities, totaling €2 trillion over 2021–2027 to support green industrial initiatives.

Despite being less mature than some other tech sectors, Industrial Tech offers high potential for unicorn creation and long-term impact. Challenges include longer scaling journeys and financing needs, but opportunities in climate tech and digital transition are driving rapid expansion, making it a key player in Europe's green future.

Summary Points

• Market Growth: Investments surged, with logistics and cybersecurity leading, and exits increasing.
• Sectors: Logistics, robotics, and energy are key, with growing overlap in climate tech.
• Climate Focus: Startups address industrial emissions, with corporates accelerating sustainable innovations.
• Funding and Collaboration: Domestic and international VC investment rose, aided by EU grants and university spinouts.
• Challenges: Longer R&D cycles and regulatory hurdles are balanced by increased urgency from climate crises.