We founded Propel(x) just over a year ago to help deep tech startups find the essential angel funding they needed. From our work running the MIT Angel Investor group, we knew there were several underserved areas in technology overlooked by investors searching for the next ‘unicorn’. What investors may not realize is the potential for deep technology companies to dominate the future in many ways.
There are countless technology disciplines and startups comprising the “high-tech” world, but we needed a way to categorize startups in the life sciences, energy, clean technology, computer sciences, materials, and chemicals sectors. After many hours of debate among ourselves and others, we decided to use the term “deep technology” to build a new category of technology startups.
To learn more about our discoveries and why we think deep technology will one day transform the world around us, check out my LinkedIn post here: http://ow.ly/QbRK4