{"id":6440,"date":"2022-02-01T10:27:10","date_gmt":"2022-02-01T16:27:10","guid":{"rendered":"https:\/\/www.ricardoorrantia.com\/?p=6440"},"modified":"2022-02-01T10:30:57","modified_gmt":"2022-02-01T16:30:57","slug":"deep-tech-and-how-it-will-shape-the-future","status":"publish","type":"post","link":"https:\/\/www.ricardoorrantia.com\/en\/deep-tech-and-how-it-will-shape-the-future\/","title":{"rendered":"Deep Tech and how it will shape the future."},"content":{"rendered":"<p><span style=\"font-weight: 400;\">I consider Deep Tech is the new chapter in innovation history and the next milestone humanity will reach in the near future. The power we obtain when we combine robotics, synthetic biology, blockchain, quantum computing, artificial intelligence, and other developing technologies could be what makes the impossible possible.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That is what Deep Tech is all about: the collaboration of high-end technologies alongside engineering and design to review and resolve some of the most fundamental matters in every industry.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">SpaceX is one of the most renowned and well-known deep tech companies as they manage to reduce aerospace travel costs by a factor of ten. Another example could be PASQAL, a start-up that combines fundamental physics, data science, and Software engineering to create analog quantum processors.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As stated by Deep Tech experts 4 characteristics rule all successful Deep Tech Ventures:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">They are problem-oriented rather than technology-focused.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">They focus on the problems that the industry already has to review and come up with a proper solution to them instead of creating an innovative product to then search the problem it may alleviate.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">They create a collaboration ecosystem.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">It is all about the convergence of a multidisciplinary team that is able to collaborate in a problem-solving way to achieve better solutions.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">They have a Desing Thinking approach powered by tech.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Working on prototypes as quickly as possible, testing them, and fixing issues along the way will make it easier to identify what works in the lab and the market.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">They adopt a design-to-cost approach.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The fusion of a multidisciplinary team creates the need to have economics in mind all the time. Even before production starts you need to have the right products at the right costs. Creating better and cheaper solutions to the ones that already exist.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">How Deep Tech Ventures come across real answers to life-changing problems is known as the Four Moments Of Truth where they place four different questions to review industries\u00b4 problems. The Boston Consulting Group illustrates these questions perfectly in the next graph:<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-6441 aligncenter\" src=\"https:\/\/www.ricardoorrantia.com\/wp-content\/uploads\/2022\/02\/imagen-300x180.png\" alt=\"\" width=\"300\" height=\"180\" srcset=\"https:\/\/www.ricardoorrantia.com\/wp-content\/uploads\/2022\/02\/imagen-300x180.png 300w, https:\/\/www.ricardoorrantia.com\/wp-content\/uploads\/2022\/02\/imagen-855x512.png 855w, https:\/\/www.ricardoorrantia.com\/wp-content\/uploads\/2022\/02\/imagen-768x460.png 768w, https:\/\/www.ricardoorrantia.com\/wp-content\/uploads\/2022\/02\/imagen.png 1440w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Each of these four questions requires restatement to determine whether solving the problem through the deep tech approach is probable, possible, real, and profitable.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Deep Tech Ventures and labs have the ability to solve our most pressing issues. That is why, for me, as a start-up investor funding these kinds of projects and creating a venture capital fund platform to attract other investors to it is a top priority.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ricardo Orrantia Cant\u00fa<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Sources:\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">What is deep tech? A look at how it could shape the future | Antoine Gour\u00e9vitch\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">https:\/\/www.youtube.com\/watch?v=jLd0AqSxIyk<\/span><\/p>\n<p><span style=\"font-weight: 400;\">BCG | Deep Tech and the Great Wave of Innovation<\/span><\/p>\n<p><span style=\"font-weight: 400;\">https:\/\/www.bcg.com\/publications\/2021\/deep-tech-innovation<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I consider Deep Tech is the new chapter in innovation history and the next milestone humanity will reach in the near future. The power we&#8230;<\/p>\n","protected":false},"author":1,"featured_media":6443,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[358],"tags":[446,447,445,448,373],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Deep Tech and how it will shape the future. - Ricardo Orrantia Cantu<\/title>\n<meta name=\"description\" content=\"I consider Deep Tech is the new chapter in innovation history and the next milestone humanity will reach in the near future. 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