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Europe risks squandering its global advantage in deep tech innovation

Miles Kirby


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Miles is the managing director of AV8 Ventures and is based in London. He pay great attention to investments at Seed and Series A.

It’s a quite crude yardstick by which to measure innovation in late tech — and the result perhaps reflects historic bias as much as it does actual leadership in innovation — but Europe guides every other continental region when it comes to the number of Nobel laureates it has produced in chemistry, drug and physics.

These three categories are most closely associated with what we classify as deep tech: startups that don’t merely apply a technology seam or cover to an existing product, service or business sit, but preferably pushing for sentiments based on substantial, R& D-intensive and IP-protected, scientific advancements and high-tech engineering innovation.

These improvements — and the startups turning them into professions — often originate from university research teams. On this figurehead, Europe likewise conducts the mode as residence to the two top-ranked universities in the world for tone of research, the Universities of Oxford and Cambridge. Another European institution, ETH Zurich, rounds out the top 10.

However, if you grade universities around the world by the amount of venture capital investment secured by startups founded by their graduates, the priorities in the counter makes on a distinctly American flavor, with Stanford( fourth in the research quality standing) taking top spot ahead of eight other U.S. universities in the top 10( including several that do not feature in the top 10 of the research quality higher-ranking ). Tel Aviv University is the sole European( depending on your description) representative in the top 10 ranked by funding for spin-outs.

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