Deep Tech Momentum secures €1M to accelerate Europe’s sovereign tech ambitions
Deep Tech Momentum, a pan-European deeptech marketplace, has secured €1 million in funding, bolstering its mission to cultivate a strong deeptech ecosystem across Europe. This initiative directly aims to advance Europe's technological sovereignty by accelerating the commercialization of deeptech innovations. The funding will be instrumental in expanding the platform and fostering connections between key industry players. Founded in 2022 by Isabelle Flanagan and Martin Schilling, Deep Tech Momentum (DTM) centers around an annual conference in Berlin. The invite-only platform selects only 6% of applicants, connecting top founders with venture capitalists managing over €25 billion. This approach facilitates deals and partnerships, driving Europe's deeptech competitiveness. The marketplace focuses on six key niches: Energy, Space, Defence, Robotics, Materials, and Computing, each hosting its own Innovation Market at the annual conference. The investment welcomes angel investors via Events Venture Group and is supported by visionary VCs and industry leaders. This funding will support the DTM 2026 festival, expecting to draw 3,000 attendees. The initiative reflects a broader push to accelerate European technological advancements, as underscored by the focus on delivering results quickly. Deep Tech Momentum aims to bridge Europe's innovation gap, fostering a competitive landscape for deeptech startups and solidifying the region's role in the global technological arena.
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