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UK deep tech industry predictions for 2023

deep tech predictions 2023

From quantum computing to semiconductors, the UK has a strong deep tech sector. But what will 2023 hold for the deep tech industry amid a looming recession and more cautious investors?

Deep tech is a broad subcategory that includes everything from AI to cleantech. According to Tech Nation, UK deep tech investment has increased 33x since 2011, topping $8.5bn in 2021. Deep tech companies are usually more research-intensive and tend to have a longer time to get to market – but they have the potential to create truly revolutionising technologies.

Here’s what five industry experts predict for UK deep tech in 2023.

More funding for deep tech startups in 2023

“With the release of ChatGPT, Northvolt becoming one of the most valued European unicorns, and SpaceX making headlines and winning contracts with their Starlink satellite network, we finally have early examples proving the power of deep tech at scale....

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