Deep Tech Index (Nordic Capital)

Summary

• The study uses Crunchbase to analyse the leading 50 companies in each field, building a database of the leading 500 Deep Tech companies globally.p.3
• About 72 per cent of leading Deep Tech companies are based in North America, about 14 per cent in Europe and 11 per cent in Asia.p.3
• 68.4 percent of the globally leading Deep Tech companies are in the USA, while the UK in second place has merely 4.6 percent.p.7
• In Quantum & Computing, 44 out of the 50 leading companies are in the USA, and 90 percent are in North America.p.8
• Israel has the most leading Deep Tech companies per capita at 1.75 per million adults, followed by the US (1.58) and Ireland (1.2).p.4
• India houses 22 of the leading Deep Tech companies and ranks third, followed by China (11) and Israel (10).p.4

Key insights

1. Fully 28 percent of the leading Clean Tech companies are in Europe, its main relative strength, compared with 50 percent in North America.p.9
2. Santa Clara Valley is the world's leading Deep Tech centre, with 23.8 percent of all leading companies.p.9
3. One more leading Deep Tech company per million adults is linked to 1.26 percentage points lower unemployment.p.13
4. Fully 80 percent of leading Artificial Intelligence companies are in North America, and 54 percent are in Santa Clara Valley.p.16
5. In Fintech, 20 percent of the leading companies are in Asia, a higher share than for any other Deep Tech area.p.24
6. Europe has the second highest share of global Deep Tech companies, with 14 percent of the top-500.p.6