Welfare for Patients, Scientists, and Animals

–Researchers talked a lot about something that stressed them, Liza says. What burdened them was that, when they carried out experiments for their preclinical research, they had to manually handle subjects to track their weight as well as observe and monitor them.

Illustration of a pad

Deep Tech: A booming and Dynamic Market and Sweden Strives to Be Among the Leaders.

Europe has what it needs to become a worldwide center of Deep Tech. Among other things, it has robust foundational research by six schools ranked among the top 20 globally for computer science.

Sweden aims to drive the development of Deep Tech in Europe. Currently, Sweden ranks third in Europe in terms of venture capital funding. Also, Sweden has taken first place in Europe in terms of deep-tech focus funding. This demonstrates the direction Sweden is taking to become one of the driving forces. With twice as much deep-tech venture capital investment as London and Paris in 2023, Stockholm stands out and shows its ambition for the years to come.
However, some challenges remain for Europe to become a world-class Deep Tech center:
Europe needs to incentivize more entrepreneurs to venture into Deep Tech. It must also standardize terms for university spinouts, and make sure to establish denser talent cluster.

This, according to the 2023 European Deep Tech Report (by Dealroom, Lakestar, and Walden Catalyst). Read our summary of the report below.

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