Digital technology companies around the world are now turning into ‘Deep Technology’ (Deep Tech) or advanced technology but they need long time and in-depth research and development as to gain competitive advantages in a long run.
At the recent Techsauce Global Summit 2018, several experts pointed out the future global trends of startups in the next three years.
Deep Tech is becoming a frequently-used term today. The growth and investment spending in Deep Tech startups is also surpassing other industries due to being high technology, its differentiation, and capability in solving the global problems with scientifically-proven methods. It can also benefit business circles and various other industries bringing new phenomena to the global economy.
Microsoft will inject an undisclosed amount in ride-hailer Grab as part of a strategic partnership, the firms said in a joint statement today.
Leading Thai venture capitals are parading through Creative Ventures’ second fund of US$50 million in an attempt to get into deep tech startups in Silicon Valley, Israel and Taiwan.