The initiative launched by Saudi Arabia’s Ministry of Investment in collaboration with the Hashgraph Association aims to foster over 500 companies, by enabling the next generation of Web3 entrepreneurs and the convergence of technologies such as AI, DLT, Virtual Reality (VR), Robotics, and Quantum Computing.
Browsing: Deep Tech
What is Deep Tech?
Deep tech refers to emerging technologies based on scientific discoveries or engineering innovations, seeking to tackle some of the world’s fundamental challenges–encompassing work in expanding fields such as artificial intelligence, biotechnology, blockchain, robotics, and quantum computing.
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The global investment in deep-tech start-ups increased form $15 billion in 2016 to $60 billion in 2020. Japan, South Korea, mainland China, Singapore, Hong Kong and Thailand are the East and Southeast regions with the highest adoption rate of corporate venturing.