Innovation and creativity are fundamental elements of the new technological advances that day by day renew various areas of society.
But currently, startups not only seek technological development, but also the contribution of social and environmental values
to a world congested by pollution, wars, and consumerism.
This current phenomenon is known as Deep Tech
which according to the definition of Swati Chaturvedi
, author of the concept, implies a "scientific discovery or a genuine technological innovation that, in addition, wants to turn the world into a better place
Chaturvedi, co-founder, and CEO of Propel
, an investment firm, coined the term in 2014, identifying it with technology projects
more relevant to society.
Deep tech, therefore, constitutes a new category of a technological startup
that tries to solve major problems based on research and development of science and technology, regardless of the field or sector.