For this final part, we will cover a number of projects that achieved success and have remained relevant through the recent years, along with other promising startups that may take the first steps in the next innovation era of their respective fields.
For this second part on the deep tech approach, we will take a look at the financial side of the phenomenon, and how these projects have not only captured the attention of investors when compared to previous years, but also in contrast to projects based in previous innovation models, to fully paint the picture of how this mentality is forging the landscape of the future.
Anyone who has been involved or following the development of technology or start-ups in the past few years would instantly notice a term that has become more popular with time: Deep Tech. In this series of articles, we will cover the definition of Deep Tech, its history, early examples and how it is not only defining the 4th industrial revolution but also changing the way problems are tackled and solutions are conceived in the digital era.
Ever since the creation of the first steam-based motors, significant amounts of time, research effort and resources have been spent on the improvement of energy generation by either improving the technology used or looking at alternative sources, with the latter being prioritized in the past decades due to the environmental impact of current fuels like coal, oil, and natural gas.
Since the appearance of Bitcoin in 2008 with the Satoshi Nakamoto paper called Electronic Cash System. It emerged a new force into the financial system that governments, private companies and society were not aware of their implications for the future of our economy. This has motivated multiple governments to focus on the implementation of Central Bank-issued Digital Currencies.
Industry sectors like alternative energy and others using sustainable production criteria are succeeding in reducing their impact on climate change. Earth First Food Ventures is a venture capital platform that focuses on investing in disruptive, groundbreaking projects of Food Technology (Food Tech) that also contribute to the overall positive impact on climate change and the environment
Advancements in technology have not only brought great improvements in important sectors like communications, transport and computation power, but have also given us tools to perform better research in areas like medicine and biology, allowing for discoveries that could even have the potential to shift the conceptions of society regarding certain topics, including medicinal use of cannabis.
One big limitation that is hindering further progress in the field of space exploration is the amount and volume of cargo that can be launched into orbit and beyond, and ShipinSpace is aiming to create solutions to help deliver large amounts of cargo to the Moon in a cost-effective and innovative way.
One need that seems to be overlooked these days is that smaller devices, from smartphones to medical devices, need to improve in aspects like longevity, power output and storage capacity. This is what motivated the team at Ionic Industries to find solutions to this issue.
A while ago, we published articles that covered projects that aimed at covering certain necessities like electric energy and reliable internet connections to relatively neglected parts of the world, since the technological advancements on the last years have increased the importance of those services for society to progress.
As technology moves forward, its applications in the world of science also seem to exponentially improve, not only in the development of new approaches but in the increments in efficiency and effectiveness of existing ones. One clear example of this progress is seen in the field of genetics, since improvements in the handling of big data allows for faster and more precise procedures.
Global economies are in a constant state of change, with current events having the potential to drastically influence the behavior of local, national and regional markets. The most direct example that can be given is the oil industry, where the decisions of a single country about their production rates can cause a plunge in selling prices, which negatively impacts the economy of almost every oil producing country.
For the second article on our series that covers the projects that are aiming to cover the needs of a world that is becoming dependent on technology at a seemingly-uncatchable pace, we will discuss internet and the eternal debate on whether if it should be available to everyone, or to those that are able to afford it.
We are currently living through unusual times. The massive spread of Covid-19 is affecting economies all around the world, with curfew and quarantine measures being taken in all the major cities and countries, meaning production and consumption are on their way down. Not only that, but the assumption that the cryptocurrency market was safeguarded against this kind of situations was strongly tested in the past few days, and it failed.
