State of European Tech: Investment in 'deep tech' like AI drops 13%

The latest State of European Tech report highlights that investment in "deep tech" like AI has dropped 13 percent this year. Data from Dealroom was used for the State of European Tech report. Dealroom defines deep tech as 16 fields: Artificial Intelligence, Machine Learning, Big Data, Augmented Reality, Virtual Reality, Drones, Autonomous Driving, Blockchain, Nanotech, Robotics, Internet of Things, 3D Technology, Computer Vision, Connected Devices, Sensors Technology, and Recognition Technology (NLP, image, video, text, speech recognition). In 2019, there was $10.2 billion capital invested in European deep tech. In 2020, that dropped to $8.9 billion: I think it's fair to say that 2020 has been a tough year for most people and businesses.