No longer interested in just the forecasted income, savvy investors and venture capitalists across the world are increasingly seeking to shape entire industries. Making long-term bets on new and untested technologies means a greater amount of money is being poured into conducting original scientific research than those that are focused more on market applications. Technological breakthroughs that require intense R&D, also known as deep technologies are now receiving more funding than any other kinds of tech (due to more options being made available in using off-the-shelf tech to develop solutions).

Deep tech is now a global phenomenon. It is novel and offers significant advances over technologies currently in use. Substantial R&D is required to bring them from the lab to the market and most will likely shape the way some of the most pressing global problems are solved.

Deep tech companies are attracting more private investment funding than others, with corporate investment on the rise. Investments in this space include funding in advanced materials, artificial intelligence, biotech, blockchain, drones and robotics, photonics and quantum computing. The amount of interest, activity and funding in deep technologies is undergoing an explosion that is as broad as it is deep in Australia.