 |
WILL EUROPE DRIVE THE NEXT WAVE OF DEEP-TECH INNOVATION? By Berit Anderson
FiRe is back! Our Future in Review conference will return, live, at the beautiful Terranea Resort in Palos Verdes, CA, November 6-9. Join old friends and new at this life-changing event. Register now and get one of the first 50 tickets for just $3,900 - a savings of $2,000. See more in "Upcoming Events." _____ Why Read: Go behind the scenes to understand Europe's new strategy for building and scaling deep-tech startups, and its competitive advantages over the US startup ecosystem.
The Rise of Europe's Deep-Tech Ecosystem When the news dropped about Silicon Valley Bank being shut down by US regulators, I had just arrived in Paris for the Hello Tomorrow conference, a two-day gathering of startups, investors, and corporate partners building deep-tech applications across energy, transportation, manufacturing, food, and agriculture. After the ChatGPT frenzy I'd left behind in the States, the focus and intensity of these companies was both refreshing and surprising. No one was talking about SVB. What they were talking about was nuclear fusion, quantum computing, and how to transition to a circular economy. I felt like I'd dropped into Narnia. Having been to many tech conferences, I cannot imagine one in the US with this level of focus on solving hard technical challenges. Other than FiRe, of course. Between 2015 and 2020, the number of startups in Europe more than tripled, according to Statista - growing from 1,850 to 6,600. So, where did this startup explosion come from? |
