In the ever-evolving landscape of tech, the term “deep tech” has been slowly gaining popularity. First coined by Swati Chaturvedi, the founder and CEO of Propel(x), an online investment platform connecting early-stage deep tech ventures with investors, deep tech represents a new and interesting niche in the start-up world.
Defining Deep Tech
At its core, deep tech is about ground-breaking innovation in engineering and scientific advancements. Unlike shallow tech, which involves simple transitions from non-digital to digital business models, deep tech start-ups use cutting-edge technology to solve complex, real-world problems.
For example, while Uber disrupted the taxi industry, it doesn’t fall under the deep tech category as it used an existing concept—the…
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