IN COLLABORATION WITH
Deep-tech innovation comes with tremendous opportunities but also specific challenges. Together with the Boston Consulting Group, we gathered experience from 400 deep-tech startups and 30 leading VCs, corporates, and other key actors to help you understand the latest trends and dynamics behind deep-tech innovation, and how startups and corporates can build business partnerships.
Startups today bet on long-term and high-risk deep-tech innovation – such as storage of information in DNA, or antimatter propulsion – that used to be the prerogative of public research. They bring innovation based on artificial intelligence, robots, new materials, and biotechnologies in all sectors.
Main challenges faced by deep-tech startups are lengthy time-to-market (27%), high capital intensity (25%), and technology risk and complexity (17%).
97% of deep-tech startups wish to collaborate with corporates, mainly looking for access to market and technical & industrial expertise and capability.
There is no standard formula for deep-tech startups & corporate collaboration, but frameworks based on the experience of 30 key actors allow to understand key success factors according to your objectives, startups maturity, market readiness.
SUBSCRIBE TO OUR NEWSLETTER TO DOWNLOAD THE REPORT
ABOUT THE AUTHORS
Hello Tomorrow HQ, Paris and BCG worked closely together
Hello Tomorrow HQ, Paris
Hello Tomorrow HQ, Paris is a global organisation which gathers together a community of thousands of the world’s brightest talents, who leverage science and deep technologies to create a better future. Hello Tomorrow HQ, Paris initiates and propels collaborations between the world’s most promising projects and leading entrepreneurs, executives and investors, to bring breakthrough technology to market.
The annual Startup Challenge and Global Summit, as well as numerous international events all around the world, have become a unique platform to connect local deep-tech ecosystems with a global innovation network.
The Boston Consulting Group (BCG) is a global management consulting firm and the world’s leading advisor on business strategy.
We partner with clients from the private, public, and not-for-profit sectors in all regions to identify their highest-value opportunities, address their most critical challenges, and transform their enterprises. Our customized approach combines deep insight into the dynamics of companies and markets with close collaboration at all levels of the client organization.
This ensures that our clients achieve sustainable competitive advantage, build more capable organizations, and secure lasting results. Founded in 1963, BCG is a private company with 85 offices in 48 countries.
ARNAUD DE LA TOUR
Arnaud de la Tour is vice-president and co-founder of Hello Tomorrow. Before, he completed a Ph.D. in the photovoltaic industry, and worked for 2 years at the Boston Consulting Group.
Philippe Soussan is a Partner and Managing Director of the Boston Consulting Group in Paris. He is very active in BCG’s Financial Institutions practice across Europe, in particular in the Digital and Innovation space.
Nicolas Harlé is a Senior Partner and Managing Director of the Boston Consulting Group in Paris. He leads the FinTech and Blockchain topics globally, as well as the digital topic for the Financial Industry in Western Europe and South America.
Rodolphe Chevalier is a Principal in the Paris office of the Boston Consulting Group. He’s a member of the Public Sector and Financial Institutions practices. Before joining BCG, Rodolphe spent 7 years working for the French Ministry of Finance.
Xavier Duportet is a deep-tech entrepreneur, CEO of Eligo Bioscience which he founded during a PhD at MIT and INRIA, and President of Hello Tomorrow. He received several international awards including Forbes 30 Under 30 in Science and Healthcare and MIT TR35. He is also a Senior Advisor on Emerging Technologies for French Ministry of Economics and Foreign Affairs.