Deep Tech generally refers to technologies based on major scientific breakthroughs or engineering innovations, covering fields such as artificial intelligence, biotechnology, new materials, and quantum computing. According to Tracxn data, this field continued its strong growth momentum in 2026.
Enterprise Scale and Distribution
The total number of deep tech startups globally reached 96,815, of which approximately one-third (31,565) have received funding. By funding stage, 13,340 have entered Series A or above, 9,507 have entered Series B or above, and 7,814 have entered Series C or above.
By founding year, 2018 was the peak for deep tech entrepreneurship, with 7,041 new companies added that year; as of 2026, there have also been 313 new startups.
Geographically, the United States leads by a wide margin with 28,758 companies, followed by India (7,692) and China (7,643) in second and third place. European countries such as the United Kingdom (6,644) and Germany (4,377) are also active.
Financing Trends: Total Amount Continues to Rise
Over the past decade, cumulative financing in the deep tech field has exceeded $1.33 trillion. In 2026 alone (as of the data cutoff date), financing has already surpassed $375 billion, significantly higher than the $230 billion in 2025 and $142 billion in 2024.
By country, U.S. companies have the strongest fundraising capacity, with cumulative financing of $924 billion over the past decade, accounting for nearly 70% of the global total. China ranks second with $119 billion, and the United Kingdom ranks third with $58.4 billion.
Financing Stages and Recent Developments
In terms of financing stages, late-stage financing contributed $726 billion, early-stage financing $287 billion, and seed rounds $35.8 billion. In addition, debt financing and post-IPO financing reached $133 billion and $87.5 billion, respectively.
In recent seed rounds, companies such as Aster, BentoLabs AI, and Data Science Wizards have received investments from institutions such as Y Combinator, showing that early-stage investment remains active.
Top Investors and Representative Companies
In the deep tech field, top investors include Europa under the EU, the U.S. Department of Health and Human Services (HHS), the U.S. Office of Scientific and Technical Information (OSTI), the National Science Foundation (NSF), and the European Innovation Council Fund (EIC Fund). They have invested in well-known companies such as Nvidia, Ginkgo Bioworks, IQM, and ICEYE.Representative companies such as OpenAI (with private financing of $180 billion), Perplexity ($1.72 billion), and Mistral AI ($3.05 billion) all serve as leaders in niche sectors such as AI and robotics.
Outlook
As artificial intelligence, biotechnology, and advanced manufacturing continue to achieve breakthroughs, deep technology is expected to continue attracting significant capital. The United States' dominant position will be difficult to shake in the short term, but the rapid growth of countries such as China and India is worth watching.