About Deep Tech
Companies included in Deep Tech sector
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.Companies excluded in Deep Tech sector
Excludes companies developing products of conventional technology (Shallow Tech) such as conventional digital platforms, conventional robotics in industrial automation, among othersMarket Map of Deep Tech
Reports related to Deep Tech
Deep Tech - Sector Report
Edition: November, 2024 (156 Pages)Deep Tech Investor Landscape
Edition: December, 2024Top Companies in Deep Tech
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Developer of artificial intelligence models tools and research-driven platforms | San Francisco (United States) | 2015 | Series F | $168B | |
AI-powered search and answer generation | San Francisco (United States) | 2022 | Series E | $1.72B | |
Provider of cloud computing, security, and content delivery network services | Cambridge (United States) | 1998 | Public | $61.5M | |
Developer of frontier AI models, assistants, agents, and related services | Paris (France) | 2023 | Series C | $3.05B | |
Provider of VR-based head-mounted displays | Menlo Park (United States) | 2012 | Acquired | $107M |
Companies founded year-on-year in the Deep Tech sector
68 new startups have been founded so far in 2026 in the Deep Tech sector. 6,942 Deep Tech startups 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 |
|---|---|
2026 | 68 |
2025 | 2,216 |
2024 | 3,168 |
2023 | 4,696 |
2022 | 5,284 |
2021 | 5,884 |
2020 | 5,644 |
2019 | 6,354 |
2018 | 6,942 |
2017 | 6,514 |
Companies founded across countries in the Deep Tech sector
United States has 28,255 Deep Tech startups, the most by any country, followed by India which has 7,435 startups and China which has 7,305.
- Total Number of Companies
Country | No. of companies |
|---|---|
United States | 28,255 |
India | 7,435 |
China | 7,305 |
United Kingdom | 6,606 |
Germany | 4,299 |
Canada | 3,211 |
France | 2,305 |
Australia | 1,872 |
Netherlands | 1,764 |
Singapore | 1,640 |
Stage-wise distribution of the Deep Tech sector
Out of the total 94,322 Deep Tech companies, 31,073 have secured funding. Among them, 13,032 have reached Series A or higher, and 9,256 to Series B or beyond.
Company Stage | No. of companies |
|---|---|
Founded | 94,322 |
Funded | 31,073 |
Series A+ | 13,032 |
Series B+ | 9,256 |
Series C+ | 7,599 |
- 94.3K+ Total Companies
- $1.35T+ Total Funding
- 31.1K+ Funded Companies
- 1.8K+ IPOs
- 4.5K+ Acquisitions
- 5+ Reports
Funding Trends in the Deep Tech sector
Total funding year-on-year in the Deep Tech sector
The Deep Tech sector saw a total funding of more than $1.2T in the last 10 years. The most amount of funding has been in 2026 at more than $244B till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $244B |
2025 | $224B |
2024 | $142B |
2023 | $95.6B |
2022 | $108B |
2021 | $137B |
2020 | $78.5B |
2019 | $67.8B |
2018 | $64.2B |
2017 | $34.2B |
Total funding across countries in the Deep Tech sector
In the last 10 years, Deep Tech startups in United States have recieved the highest funding among all countries - $821B. China follows with $107B and United Kingdom with $52.5B.
- Total Funding
Country | Total Funding |
|---|---|
United States | $821B |
China | $107B |
United Kingdom | $52.5B |
France | $29.8B |
Canada | $26.9B |
Germany | $19.1B |
Israel | $13.4B |
Netherlands | $13.1B |
India | $9.88B |
Singapore | $8.17B |
Total funding amount raised by stage in the Deep Tech sector
Over the last 10 years, the Deep Tech sector have seen $34.8B into Seed Stage funding rounds, $267B into Early Stage funding rounds and $626B go into Late Stage funding rounds.
Funding Stage | Total Funding |
|---|---|
Late Stage | $626B |
Early Stage | $267B |
Debt | $127B |
Post IPO | $88.3B |
Seed Stage | $34.8B |
Grant | $27.3B |
ICO | $11.6B |
PE | $6.6B |
Other-Equity | $587M |
Recent Funding Rounds in Deep Tech
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series C | 3057 | Apr 02, 2026 | - | |
Seed | 1323 | Apr 02, 2026 | - | |
Seed | 3184 | Apr 01, 2026 | ||
Series B | 6113 | Apr 01, 2026 | and 1 more | |
Seed | 3940 | Apr 01, 2026 |
Top Investors in Deep Tech
Investor | Location | Top Portfolio Companies |
|---|---|---|
Washington, DC (United States) | ||
Oak Ridge (United States) | ||
Arlington (United States) | ||
Brussels (Belgium) |
M&A activity in Deep Tech
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Mar 25, 2026 | ||
Business Acquisition | Mar 25, 2026 | ||
Business Acquisition | Mar 24, 2026 | - | |
Business Acquisition | Mar 23, 2026 | ||
Business Acquisition | Mar 23, 2026 |
Acquisition trends in Deep Tech
Here are the acquisition trends in Deep Tech:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 99 |
2025 | 424 |
2024 | 354 |
2023 | 390 |
2022 | 458 |
2021 | 540 |
2020 | 337 |
2019 | 364 |
2018 | 320 |
2017 | 297 |
IPOs in Deep Tech
Company | IPO Date | Exchange Symbol |
|---|---|---|
Mar 30, 2026 | Hong Kong Exchanges (HKG) | |
Mar 30, 2026 | Hong Kong Exchanges (HKG) | |
Mar 26, 2026 | Toronto Stock Exchange (TSX) | |
Mar 24, 2026 | Hong Kong Exchanges (HKG) | |
Mar 23, 2026 | Hong Kong Exchanges (HKG) |
Colleges which produce the most Deep Tech companies
Companies founded by alumni from top colleges in the Deep Tech sector
Most number of Deep Tech startups have been founded by alumni from Stanford University, Massachusetts Institute of Technology and Harvard University.
College | No. of companies |
|---|---|
Stanford University | 1021 |
Massachusetts Institute of Technology | 906 |
Harvard University | 586 |
University of California (Berkeley) | 521 |
University of Cambridge | 425 |
Carnegie Mellon University | 345 |
Cornell University | 332 |
Tel Aviv University | 332 |
University of Pennsylvania | 330 |
University of Oxford | 311 |
Total funding in companies founded by alumni from top colleges in the the Deep Tech sector
In the last 10 years, Harvard University graduates' Deep Tech companies have raised the most funding among top colleges. Massachusetts Institute of Technology alumni are second, and University of Toronto alumni are third.
College | Total Funding |
|---|---|
Harvard University | $360B |
Massachusetts Institute of Technology | $346B |
University of Toronto | $250B |
Carnegie Mellon University | $224B |
New York University | $182B |
Stanford University | $167B |
Columbia University | $96.4B |
Stanford Business School | $82B |
Princeton University | $74.6B |
University of California (Berkeley) | $34.2B |

