Could deeptech serve as Europe's path to autonomy from the US? | TechCrunch
Briefly

A recent report indicates that deeptech is poised to be crucial for Europe’s autonomy and security amidst geopolitical tensions and market volatility, particularly with regard to U.S. tariffs under President Trump. It documented €15 billion in venture capital investments in deeptech for 2024, marking that one-third of Europe’s venture capital is now directed toward this sector. However, challenges persist, including the continued dependence on U.S. markets for exits and the need for policy reforms to foster a culture of risk-taking in Europe’s immature deeptech ecosystem.
The report claims deeptech could become a key pillar of Europe's security and autonomy, as it attracted €15 billion in venture investments in 2024.
Lukas Leitner emphasized that deeptech could unlock resilience for Europe amid geopolitical challenges, while noting the current dependency on the U.S. for exits.
Despite strong research institutions and engineering talent, Europe needs policy changes to cultivate a risk-taking culture for deeptech to flourish.
The rise of venture capital in deeptech signifies a shift from traditional investing, potentially creating a hedge against momentum investing trends.
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