Dealroom：2023年欧洲深度科技报告_43页_17mb

European Deep Tech Report 2023 Summary

Core Content

The European Deep Tech Report 2023 highlights the continued growth and resilience of the Deep Tech sector in Europe despite market challenges. It outlines the progress made since the 2021 report and identifies key areas of focus and opportunities for further development.

Main Points

• Strong Growth: European Deep Tech startups raised $17.7B in 2022, representing a 60% increase from 2020, even though it was 22% less than 2021.
• Resilience in Turmoil: Deep Tech outperformed other segments in the latter half of 2022, showing resilience during market downturns.
• Emerging Areas: The report focuses on four core emerging Deep Tech areas: Novel AI, Future of Computing, Novel Energy, and Space Tech.
• Academic Potential: Europe has significant untapped potential in academic research and spinouts, which needs to be better leveraged through ecosystem collaboration.
• Investor Landscape: European Deep Tech investors are mostly focused on early-stage funding, with limited capacity to lead at Series B+.
• Public Support: The European Union and national governments are increasingly supporting Deep Tech through programs like Horizon Europe, EIC Fund, and EIT InnoEnergy.
• Global Context: Europe lags behind the U.S. in Deep Tech investment, while China is ahead of the EU. U.S. and Asian investors dominate late-stage funding in Europe.
• Climate Tech Integration: Climate-related Deep Tech startups received $6.1B in 2022, making up 34% of total Deep Tech funding in Europe, up from 6% in 2016.

Key Emerging Deep Tech Segments

Detailed Breakdown

• Novel AI: Includes generative AI, AI-first biology, privacy-preserving AI, and explainable AI.
• Future of Computing: Encompasses quantum computing, silicon photonics, AR/VR/MR, and neuromorphic chips.
• Novel Energy: Focuses on nuclear fusion, green hydrogen, next-gen batteries, and supercapacitors.
• Space Tech: Includes reusable rockets, earth observation satellites, in-space manufacturing, and debris removal.

Key Challenges and Opportunities

• Funding Gaps: European Deep Tech funds are generally smaller and lack the firepower to lead at later stages.
• Diversity and Inclusion: Gender inclusion in Deep Tech remains in early stages.
• Ecosystem Collaboration: Closer collaboration between academia, investors, and industry is needed to unlock potential.
• Global Reach: European Deep Tech needs to build stronger bridges with global ecosystems to compete with the U.S. and China.

Investor Insights

• Deep Tech Characteristics: These startups require long R&D phases, high technical risk, and strong IP portfolios.
• Investor Requirements: A dedicated team with specialized knowledge and a bottoms-up investment strategy is essential for investing in Deep Tech.
• Market Potential: Deep Tech has the potential to solve major global challenges, including climate change, food security, and healthcare.

Conclusion

Europe has a clear role to play in leading the next generation of Deep Tech innovations. With strong academic foundations, public support, and emerging market opportunities, the continent is well-positioned to become a global leader in Deep Tech. However, funding gaps, diversity issues, and the need for ecosystem collaboration remain critical areas for improvement.