Europe’s Deep-Tech Funding Gap Sparks Debate on Growth
The discussions around the critical lack of late-stage funding of Europe-based deep-technology companies have been a matter of concern in the months leading up to May this year. The debates were triggered after reports related to it were released by Dealroom, Lakestar, and Walden Catalyst. The European Innovation Council (EIC) also issued warnings, forcing stakeholders to deliberate.
According to the reports, Europe is staring at a growth-stage funding gap of billions of dollars as many of its technology companies remain heavily dependent on foreign investors for scaling purposes.
