2025 European Deep Tech Report

Europe’s Deep Tech sector is proving to be a stabilizing force in an increasingly volatile global landscape. In 2024 alone, Deep Tech attracted €15bn in investment, now making up nearly one-third of all venture capital. The rise of AI, Energy Tech, and Space Innovation underscores Europe’s potential to lead the next wave of technological breakthroughs.

Key findings from the report:
- Resilience in investment: While traditional tech funding fell 60% since 2021, Deep Tech remained strong.
- AI & Energy growth: AI investments doubled to €3bn, while Energy Tech surged 70% to €1.1bn.
- Funding gaps remain: Half of Europe’s growth capital still comes from outside the continent—time to build stronger local investment ecosystems.
- Strategic exits needed: With major acquisitions by US firms, Europe must foster homegrown exit strategies.

Deep Tech isn’t just about innovation—it’s about securing Europe’s economic security, technological sovereignty, and competitive edge. Now is the time for bold action from investors, policymakers, and industry leaders.

"Europe continues to be a hub of world-class innovation in Deep Tech, excelling in AI, semiconductors, quantum computing, energy, and robotics. Despite exceptional technical talent and groundbreaking research, the region has produced few global leaders in these transformative fields. To bridge this gap, increased late-stage capital, a focus on global leadership—not just regional excellence— and a strong support ecosystem are crucial to translate cutting-edge research into market-leading solutions.

WCV has a proven track record in Deep Tech investments, backing European companies like Darktrace, Nearfield Instruments, ANYbotics or Peptone. With Europe’s strong academic foundations, an expanding base of seasoned operators, and increasing public-private support, we believe the region is well-positioned to produce the next wave of Deep Tech global leaders. We remain fully committed to driving this transformation, and are more excited than ever about the opportunities ahead." Young Sohn