The 2025 European Deep Tech Report
The fourth annual European deep tech report. In a pivotal year for deep tech, how is Europe faring, and how has the breakout of AI influenced deep tech priorities and European deep tech credentials. Created in partnership with Lakestar, Walden Catalyst and Hello Tomorrow.
Table of contents
1. DEEP TECH DEFINED – COMMON (MIS)CONCEPTIONS page 9
2. THE EUROPEAN DEEP TECH OPPORTUNITY page 28
3. FUNDING LANDSCAPE page 40
4. SEGMENT DEEP DIVES – BIGGEST TRENDS page 51
NOVEL AI, FUTURE OF COMPUTE, NOVEL ENERGY, SPACE TECH, RESILIENCE, COMPBIO & CHEMISTRY, ROBOTICS
5. FOUNDER RESOURCES page 171
6. CHALLENGES & RECOMMENDATIONS page 180
EBAN Calls for Urgent EU Action to Strengthen Angel Investing in Europe
EBAN welcomes the European Commission’s continued efforts to improve the investment landscape for startups, venture capital investors, and business angels. As the leading voice for business angel and early stage investors in Europe, we are committed to fostering a more integrated and supportive market for startups to scale and succeed.
This year, we urge the EU Commission to prioritize initiatives on three fronts:
1️⃣ Introducing a 28th Regime – A single, optional legal framework that facilitates cross-border investment and startup growth, removing barriers imposed by fragmented national regulations.
2️⃣ Incentivizing Pension and Insurance Fund Investments in Venture Capital – Encouraging these institutional investors to support European innovation by investing in venture capital and angel-led funds.
3️⃣ Developing Public-Private Angel Co-Investment Funds – Promoting collaboration between business angels and national development banks through EU-level fund-of-funds programs.
The 3 priority initiatives we urge the EU to take are available here:
Furthermore, EBAN is actively contributing to the EU’s startup and scale-up strategy. As part of a dedicated task force led by Commissioner Zaharieva, we are working alongside stakeholders from the startup and investment ecosystem to advocate for these reforms.
Additionally, EBAN has responded to the EU’s recent public consultation on the startup and scale-up strategy, reinforcing our policy recommendations to ensure better conditions for European founders, investors, and innovators. read more here.
EBAN’s policy views and positions to support angel investment in Europe are summarized in the link , here.
