Deep tech startups with very technical CEOs raise larger rounds, research finds

Posted under: Tech Move
Date: 2024-07-11
Deep tech startups with very technical CEOs raise larger rounds, research finds

First Momentum, a German VC, released the Deep Tech Hardware Napkin to aid European deep tech startups lacking funding and strategic benchmarks. Derived from a survey of 30 VCs across eight countries, it highlights that deeply technical CEOs attract more funding at seed and Series A stages than those with business backgrounds. This aims to democratize knowledge for first-time founders in the research-driven deep tech sector.

Read more at: techcrunch.com