At A Glance – DeepTech - Disruption

DeepTech, or deep technology, is an ambiguous term that is generally used to refer to AI, robotics, chip development, Virtual Reality, Augmented Reality and the Internet of Things combined. It is also described as a merger between science, creativity and entrepreneurship. DeepTech companies are founded on scientific discovery and innovative engineering as opposed to business models. This means they have the freedom to work towards positively affecting humanity without adhering to a specific strategy. Due to their complicated nature and perceived lack of business applications, DeepTech startups have found it difficult to gain funding.