Earth and Beyond Ventures.<\/a> Together, we discussed the significance of deeptech and its growing influence, particularly in Israel and Startup Nation.<\/p>\n\n\n\nDeeptech refers to technologies based on significant scientific advances and engineering innovation. Unlike \u2018traditional\u2019 tech, which often focuses on software or consumer gadgets, deeptech leans heavily on core scientific concepts in areas such as quantum computing, biotech, spacetech, or materials science.<\/p>\n\n\n\n
\u201cThere\u2019s more demand around bandwidth, connectivity, energy, data storage, because of generative AI, ChatGPT, all those companies,\u201d explained Zauer. \u201cThey need masses of electric power, processing power, and amounts of storage. At the end of the day, software sits on something; it sits on something physical and we\u2019re really pushing the boundaries of what we\u2019re demanding of software in other use cases such as driverless cars and connectivity in the areas of communications.\u201d<\/p>\n\n\n\n
For Zauer, the need for robust physical hardware is what will drive the call for these solutions. \u201cIt\u2019s not as if we in Israel just came up with deeptech and decided it was a good thesis. Around the world, you can see more deeptech funds being raised, more allocations to deeptech from generalist funds. You can see all sorts of AI companies that are buying amounts of hardware and processing power because that\u2019s what they know they\u2019re going to need in the years to come.\u201d<\/p>\n\n\n\n