Investors are piling into startups in areas like quantum, AI, robotics, and autonomous driving.Europe's deep tech sector is finally getting its due.
Deep tech startups in the bloc were worth $711 billion, around 700 billion euros, by the end of 2021, according toInvestors piled into startups like Swedish battery maker Northvolt, which raised $2.75 billion, and Britain's robotics firm CMR Surgical, which lured $600 million in a round backed by SoftBank.
He said this was partly due to the fact deep tech startups built their foundations on top of"unique tech" that is"hard to develop, hard to copy," and often bring real disruption to the industries they aim to overhaul.
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