About Deep Tech sector in Luxembourg
The Deep Tech sector in Luxembourg comprises 82 companies, including 30 funded companies having collectively raised $1.91B in venture capital money and private equity. Out of these, 8 are Series A+ funded, and 1 has achieved unicorn status.
Deep Tech sector in Luxembourg has seen 1 acquisition and 4 IPOs. This represents almost 6.1% of all such companies - which is higher than the 5.0% exit rate of tech companies in general.
This sector includes companies that are developing products based on innovative technology and scientific developments such as blockchain, AI, advanced robotics, IoT , etc.
Includes companies implementing technologies like blockchain, artificial intelligence, computer vision, robotics, nanotechnology, IoT into their products. Also includes companies providing infrastructure to develop blockchain, AI, IoT technology such as development tools, smart contracts, and sensor technology, among others. Excludes companies developing products of conventional technology (Shallow Tech) such as conventional digital platforms, conventional robotics in industrial automation, among others.
Top Deep Tech Companies in Luxembourg
There are 82 Deep Tech startups in Luxembourg which include SES Satellites, OCSiAl, OQ Technology, Orion Engineered Carbons, SolarCleano. Out of these, 30 startups are funded, with 8 having secured Series A+ funding, and 1 achieving unicorn status.
Over the past 10 years, an average of 4 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Harvard University, Massachusetts Institute of Technology and Pontifical Catholic University of Rio de Janeiro.
Here is the list of top Deep Tech startups in Luxembourg
Provider of satellite-based communication services. It provides users with a platform that owns and operates a constellation of medium-earth orbit (MEO) satellites. It also provides services like video broadcasting and distribution, data connectivity, mobility and communication.
Key facts about SES Satellites
- Founded Year: 1985
- Location: Luxembourg (Luxembourg)
- Stage: Public
- Investors: BCEE, Greyrock Investments and 22 Others
- Latest Funding Round: Post IPO, Oct 20, 2025, $*****
- Tracxn Score: 66/100 What is this?
- Competitors Rank: 5 of 693 Competitors
2. OCSiAl
Single walled carbon nano-tubes. It also develops TUBALL based masterbatches for a variety of applications like lithium-ion batteries, elastomer, polymers, resins, paints, and transparent conductive films.
Key facts about OCSiAl
- Founded Year: 2010
- Location: Luxembourg (Luxembourg)
- Stage: Series A
- Total Funding till date: $5M
- Investors: A&NN Group, Europa and 4 Others
- Latest Funding Round: Grant (prize money), May 01, 2021, $*****
- Tracxn Score: 54/100 What is this?
- Competitors Rank: 4 of 77 Competitors
Provider of global satellite network for IoT communication. It provides a low-cost data plan and easy-to-operate network to serve new types of assets and markets that traditional terrestrial and satellite network operators cannot support. Some of these are remote, critical, mobile, and inaccessible assets. Its features include connectivity, scalability, management, and analysis.
Key facts about OQ Technology
- Founded Year: 2016
- Location: Leudelange (Luxembourg)
- Stage: Series B
- Total Funding till date: $12.9M
- Investors: Wa'ed Ventures, 5G Ventures and 6 Others
- Latest Funding Round: Grant (prize money), Jul 25, 2025, $*****
- Tracxn Score: 49/100 What is this?
- Competitors Rank: 11 of 54 Competitors
Producer and suppliers of carbon black. It manufactures carbon back material for various applications.
Key facts about Orion Engineered Carbons
- Founded Year: 2011
- Location: Niederanven (Luxembourg)
- Stage: Public
- Investors: Royce Investment Partners, Triton Partners and 2 Others
- Latest Funding Round: Grant (prize money), Feb 08, 2022, $*****
- Tracxn Score: 43/100 What is this?
- Competitors Rank: 7 of 47 Competitors
5. SolarCleano
Provider of robotic solutions for solar panel maintenance and cleaning. The company offers a range of remote and autonomous robots designed for various solar panel configurations. These robots facilitate large-scale maintenance, ensuring efficiency and sustainability. They provide solutions for different environments and operational needs.
Key facts about SolarCleano
- Founded Year: 2017
- Location: Kaerjeng (Luxembourg)
- Stage: Unfunded
- Tracxn Score: 42/100 What is this?
- Competitors Rank: 1 of 1 Competitors
Companies founded year-on-year in the Deep Tech sector in Luxembourg
10 Deep Tech startups in Luxembourg were founded in 2018 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2025 | - |
2024 | 2 |
2023 | 3 |
2022 | 5 |
2021 | 5 |
2020 | 6 |
2019 | 2 |
2018 | 10 |
2017 | 6 |
2016 | 6 |
Stage-wise distribution of Deep Tech sector companies in Luxembourg
Out of the total 82 Deep Tech companies in Luxembourg, 30 have secured funding. Among them, 8 have reached Series A or higher, and 6 to Series B or beyond.
Founded - 82
Funded - 30
Series A+ - 8
Series B+ - 6
Series C+ - 5
Company Stage | No. of companies |
|---|---|
Founded | 82 |
Funded | 30 |
Series A+ | 8 |
Series B+ | 6 |
Series C+ | 5 |
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Funding Trends in the Deep Tech sector in Luxembourg
Total funding year-on-year in the Deep Tech sector in Luxembourg
The Deep Tech sector in Luxembourg saw a total funding of more than $1.9B in the last 10 years. The most amount of funding was in 2019 at more than $1.37B.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $13.1M |
2024 | $227K |
2023 | $11.8M |
2022 | $39.9M |
2021 | $4.54M |
2020 | $3.91M |
2019 | $1.37B |
2018 | $458M |
2017 | $3.19M |
Recent Funding Rounds in Deep Tech in Luxembourg
In the year 2025, till March 2025, Deep Tech companies in Luxembourg have raised equity funding across 1 round.
Here are some recent, important funding rounds in Deep Tech companies in Luxembourg:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 6798 | Mar 17, 2025 | ||
Series B | 6070 | Oct 20, 2024 | ||
Seed | 7925 | Sep 09, 2024 | ||
Seed | 4880 | Oct 24, 2023 | ||
Series A | 5815 | Sep 01, 2022 | and 1 more |
Top Investors in Deep Tech in Luxembourg
European Investment Bank is the top investor in Deep Tech companies in Luxembourg based on number of companies invested.
Here are some top investors in Deep Tech companies in Luxembourg:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Luxembourg (Luxembourg) | - | |
Stockholm (Sweden) | - | |
Fort Worth (United States) | - | |
St. Gallen (Switzerland) | - | |
Chicago (United States) | - |
M&A activity in Deep Tech sector in Luxembourg
Here are some recent, important acquisitions in Deep Tech sector in Luxembourg:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Management Buyout | - | - |
IPOs in Deep Tech in Luxembourg
In the year 2014, till July 2014, 1 IPO happened in Deep Tech sector in Luxembourg.
Here are some recent, important IPOs in Deep Tech sector in Luxembourg:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Jul 25, 2014 | New York Stock Exchange (NYSE) | |
May 07, 2004 | Frankfurt Stock Exchange (FRA) |
Colleges which produce the most Deep Tech companies in Luxembourg
Companies founded by alumni from top colleges in the Deep Tech in Luxembourg
Most number of Deep Tech startups in Luxembourg have been founded by alumni from Harvard University, Massachusetts Institute of Technology and Pontifical Catholic University of Rio de Janeiro.
College | No. of companies |
|---|---|
Harvard University | 1 |
Massachusetts Institute of Technology | 1 |
Pontifical Catholic University of Rio de Janeiro | 1 |
Stanford University | 1 |
Technion Israel Institute Technology | 1 |
Tel Aviv University | 1 |
Total funding in Deep Tech companies founded by alumni from top colleges in Luxembourg
In the last 10 years, Stanford University graduates' Deep Tech companies in Luxembourg have raised the most funding among top colleges. Harvard University alumni are second, and Technion Israel Institute Technology alumni are third.
College | Total Funding |
|---|---|
Stanford University | $1.83B |
Harvard University | $2.79M |
Technion Israel Institute Technology | $20K |
Tel Aviv University | $20K |
Massachusetts Institute of Technology | - |
Pontifical Catholic University of Rio de Janeiro | - |
Top News in Deep Tech in Luxembourg
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SES supports FCC's C-band action, potentially benefiting from spectrum auction.Advanced Television•Oct 31, 2025•SES Satellites
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SES Expands MEO Constellation After Intelsat Acquisition, Enhancing Global CoverageMobileWorldLive•Jul 23, 2025•SES Satellites, Intelsat
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Intelsat Partners with Forest Whitaker in Peacemaking InitiativeForbes•Jul 21, 2025•Intelsat, SES Satellites, AMN
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OQ Tech and Myriota strike 5G-IoT NTN sale and scale deals with Aramco and ViasatRCRWireless•Feb 26, 2025•OQ Technology, Myriota
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emnify Enters Partnership With Leading 5G Satellite Connectivity Provider OQTECBusiness Wire•Aug 06, 2024•EMnify, OQ Technology
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OQ Technology permitted to run 5G NTN IoT test demonstrations in the USTelecompaper•May 22, 2024•OQ Technology
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Transatel adds satellite NB-IoT via deal with LEO operator OQ TechnologyRCRWireless•May 07, 2024•OQ Technology, Transatel
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