The State of European Deep Tech at Hello Tomorrow

In this insightful panel discussion from the Hello Tomorrow Summit 2025, Walden Catalyst partner Nicolas Autret joins Yoram Wijngaarde (Dealroom.co), Lukas Leitner (Lakestar), and Arnaud de la Tour (Hello Tomorrow), moderated by Steven Jacobs, to delve into the current state and future prospects of European deep tech.

The conversation highlights key findings from the 2025 European Deep Tech Report, noting that while overall tech funding in Europe has declined by 60% since 2021, deep tech investment has demonstrated resilience, with €15 billion raised in 2024. Significant growth areas include AI, which saw funding double to €3 billion, and energy tech, which is rapidly gaining traction. However, the panel also addresses challenges, such as the fact that 50% of late-stage funding still originates from outside Europe, underscoring the need for stronger local investment ecosystems.

This discussion offers valuable insights into how Europe can leverage its scientific talent and innovation to lead in deep tech, emphasizing the importance of sustained investment and strategic support to scale breakthroughs domestically.