Deeptech boom leaves most lab-stage startups stranded

Deeptech boom leaves most lab-stage startups stranded



Even as funding in India’s deeptech sector surges, private capital remains scarce for startups at the earliest stage of development.A survey by the Indian Venture and Alternate Capital Association showed that only 15% of deeptech funds back companies at technology readiness levels (TRLs) 1-3, when their technologies are still in basic research and proof-of-concept stages.Investors are preferring technologies that are further along in their



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