About Deep Tech sector in Europe
The Deep Tech sector in Europe comprises 27.3K companies, including 8.88K funded companies having collectively raised $180B in venture capital money and private equity. Out of these, 3.53K are Series A+ funded, and 43 have achieved unicorn status.
Deep Tech sector in Europe has seen 1.48K acquisitions and 492 IPOs. This represents almost 7.2% of all such companies - which is higher than the 5.0% exit rate of tech companies in general.
This sector includes companies that are developing products based on innovative technology and scientific developments such as blockchain, AI, advanced robotics, IoT , etc.
Companies included in Deep Tech
Includes companies implementing technologies like blockchain, artificial intelligence, computer vision, robotics, nanotechnology, IoT into their products. Also includes companies providing infrastructure to develop blockchain, AI, IoT technology such as development tools, smart contracts, and sensor technology, among others.Companies excluded in Deep Tech
Excludes companies developing products of conventional technology (Shallow Tech) such as conventional digital platforms, conventional robotics in industrial automation, among othersTop Deep Tech Companies in Europe
There are more than 27.3K companies in Deep Tech in Europe. Ledger is the top Deep Tech company in Europe, ranked using Tracxn Score (what's this?).
Here are 5 of the top Deep Tech companies in Europe:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Blockchain based hardware wallet for cryptocurrency | Paris (France) | 2014 | Series C | $575M | |
Public blockchain network platform | Zug (Switzerland) | 2017 | Series D | $542M | |
Provider of blockchain-based fantasy sports marketplace platform for multiple sports | Saint Mande (France) | 2018 | Series B | $739M | |
Developer of infrastructure providing real-time data for artificial intelligence applications | Tortola (United Kingdom) | 2017 | Series A | $50M | |
Platform offering distributed simulation software for video games and corporate sectors | London (United Kingdom) | 2012 | Series D | $932M |
Companies founded year-on-year in the Deep Tech sector in Europe
2,169 Deep Tech startups in Europe were founded in 2018 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | 243 |
2024 | 546 |
2023 | 966 |
2022 | 1,318 |
2021 | 1,651 |
2020 | 1,825 |
2019 | 2,058 |
2018 | 2,169 |
2017 | 2,068 |
Stage-wise distribution of Deep Tech sector companies in Europe
Out of the total 27,322 Deep Tech companies in Europe, 8,875 have secured funding. Among them, 3,529 have reached Series A or higher, and 2,550 to Series B or beyond.
Founded - 27,322
Funded - 8,875
Series A+ - 3,529
Series B+ - 2,550
Series C+ - 2,222
Company Stage | No. of companies |
|---|---|
Founded | 27,322 |
Funded | 8,875 |
Series A+ | 3,529 |
Series B+ | 2,550 |
Series C+ | 2,222 |
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Funding Trends in the Deep Tech sector in Europe
Total funding year-on-year in the Deep Tech sector in Europe
The Deep Tech sector in Europe saw a total funding of more than $157B in the last 10 years. The most amount of funding was in 2024 at more than $28.8B. There has been a total funding of $34.4M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $34.4M |
2025 | $21.4B |
2024 | $28.8B |
2023 | $20.2B |
2022 | $20.4B |
2021 | $24.8B |
2020 | $12.9B |
2019 | $15.2B |
2018 | $7.68B |
2017 | $5.71B |
Recent Funding Rounds in Deep Tech in Europe
In the year 2026, till January 2026, Deep Tech companies in Europe have raised $34.4M in equity funding across 2 rounds.
In the same period last year (i.e. till January 2025), Deep Tech companies in Europe had raised $1.78B across 59 rounds.
So, 2026 has seen a 98.07% drop in funding in Deep Tech companies in Europe as compared to 2025.
Here are some recent, important funding rounds in Deep Tech companies in Europe:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 1485 | Jan 07, 2026 | ||
Series B | 2319 | Jan 06, 2026 | ||
Series C | 5289 | Dec 24, 2025 | ||
Seed | 2846 | Dec 22, 2025 | and 3 more | |
Seed | 8700 | Dec 19, 2025 | and 1 more |
Top Investors in Deep Tech in Europe
Europa is the top investor in Deep Tech companies in Europe based on number of companies invested.
Here are some top investors in Deep Tech companies in Europe:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Brussels (Belgium) | ||
Sunnyvale (United States) | ||
Cork (Ireland) | ||
London (United Kingdom) |
M&A activity in Deep Tech sector in Europe
In the year 2026, till January 2026, 1 acquisition happened in Deep Tech sector in Europe. Last year, in 2025, a total of 133 acquisitions happened in Deep Tech sector in Europe.
Here are some recent, important acquisitions in Deep Tech sector in Europe:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jan 06, 2026 | ||
Business Acquisition | Dec 26, 2025 | ||
Business Acquisition | Dec 23, 2025 | ||
Business Acquisition | Dec 22, 2025 | ||
Business Acquisition | Dec 19, 2025 |
Acquisition trends in Deep Tech sector in Europe
Here are the acquisition trends in Deep Tech sector in Europe:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 1 |
2025 | 133 |
2024 | 128 |
2023 | 159 |
2022 | 196 |
2021 | 178 |
2020 | 118 |
2019 | 106 |
2018 | 99 |
2017 | 98 |
IPOs in Deep Tech in Europe
In the year 2025, till December 2025, 6 IPOs happened in Deep Tech sector in Europe.
Here are some recent, important IPOs in Deep Tech sector in Europe:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Dec 16, 2025 | London Stock Exchange (LSE) | |
Dec 09, 2025 | Korea Exchange (KRX) | |
Nov 20, 2025 | Euronext Exchange (Euronext) | |
Aug 28, 2025 | Oslo Stock Exchange (OSLO BORS) | |
Apr 04, 2025 | London Stock Exchange (LSE) |
Colleges which produce the most Deep Tech companies in Europe
Companies founded by alumni from top colleges in the Deep Tech in Europe
Most number of Deep Tech startups in Europe have been founded by alumni from University of Cambridge, University of Oxford and Imperial College London.
College | No. of companies |
|---|---|
University of Cambridge | 223 |
University of Oxford | 145 |
Imperial College London | 144 |
University College London | 82 |
Massachusetts Institute of Technology | 57 |
University of Edinburgh | 53 |
University of Manchester | 50 |
INSEAD | 49 |
HEC Paris | 45 |
Stanford University | 44 |
Total funding in Deep Tech companies founded by alumni from top colleges in Europe
In the last 10 years, University of Cambridge graduates' Deep Tech companies in Europe have raised the most funding among top colleges. University of Oxford alumni are second, and Carnegie Mellon University alumni are third.
College | Total Funding |
|---|---|
University of Cambridge | $10.1B |
University of Oxford | $6.46B |
Carnegie Mellon University | $6.44B |
Stanford University | $6.31B |
London Business School (LBS) | $3.64B |
Imperial College London | $3.13B |
Harvard University | $2.56B |
Massachusetts Institute of Technology | $2.4B |
INSEAD | $1.76B |
Technical University of Munich | $1.71B |
Top News in Deep Tech in Europe
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HERE Technologies and Hyundai AutoEver Expand Online Navigation PartnershipKorea Newswire•Jan 06, 2026•HERE, HAEA, HYUNDAI AutoEver
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Sequans & MultiTech Partner on Embedded Cellular Modem PlatformsIoT Business News•Jan 05, 2026•Sequans, MultiTech Systems
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Algorized and KUKA Redefine Robot Safety at CES 2026: The First Robot with "Intuition"PR Newswire•Jan 03, 2026•KUKA, Algorized
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HERE Technologies retains #1 ranking in Omdia’s 2025 Location Platform IndexGlobeNewswire•Jan 02, 2026•HERE
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Tenderly Now an Official Polygon Public RPC Provider for EVM and Blockchain AdoptionCrowdfund Insider•Jan 01, 2026•Polygon, Tenderly
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Borkum Riffgrund 3, jointly owned by Ørsted and Nuveen Infrastructure, Produces First Power to the German gridrenewableenergymagazine.com•Dec 29, 2025•Orsted
