Deep tech is technology that pushes the boundary of human capability through novel research and directed commercialization. At Bessemer, we see tremendous opportunity for deep tech startups to become billion-dollar businesses. Deep tech businesses encompass a wide variety of technologies, from nuclear energy to self-driving cars, and as deep tech funding and research continue to grow, we anticipate that these categories, which might sound like science fiction today, will become reality tomorrow.
Over the past few years, we’ve invested over $100 million in emerging climate tech companies from Seed to Pre-IPO, including companies like Rocket Lab, Xanadu, Sila Nanotechnologies, and Halter. Today, we continue to dig further in deep tech investing as a core focus area, and we’re excited to partner with the bold entrepreneurs building in this category.