Dealroom.co – The 2026 European Deep Tech Report, Mar 2026

The report focuses on the state and opportunities of Deep Tech in Europe in 2026.

Deep Tech is defined as novel scientific or engineering breakthroughs being commercialized for the first time. Europe has strong foundations for Deep Tech growth including abundant technical and entrepreneurial talent, significant market opportunities driven by geopolitical factors, and increasing venture capital funding. The region hosts 30% of the world's top Deep Tech universities and produces twice as many science and engineering graduates as the US. VC-backed European Deep Tech companies reached a value of $690 billion with $20.3 billion in VC funding in 2025, representing 32% of all VC investment. Deep Tech funding shows resilience with only a 4% decline from the 2021 peak, compared to a 54% decline for regular tech. Research spinouts make up 33% of new Deep Tech startups since 2015, especially in photonics and quantum technology. Typical founders have technical backgrounds, advanced degrees, and are around 35 years old. The UK leads in funding attracted, followed by France and Germany, with top funding hubs in Paris, London, and Munich.