How do you balance the benefits of free market innovation with a need for national security? Can a digital sovereignty strategy account to more than self-sabotaging protectionism? Should countries try to control the companies building our future?
We don't answer any of these questions but here's some stuff on tech sovereignty all the same.
๐ Tech sovereignty - deep tech dilemma
Tech sovereignty is a popular topic of conversation among global policymakers. It refers to a country or region's relative reliance on other nations for its digital infrastructure. It also relates to the risk of exposure to things like data security and tech monopolies.
In a digitizing world, the prevailing narrative - particularly in Brussels - is that the origin of things like cyber security solutions, semiconductors, and even payments platforms, have the potential for far-reaching consequences if fallen into the wrong hands. And it's a conversation that's been spooked into overdrive after the exposure of the fragility of European energy security.
Deep tech receives much of the tech sovereignty chat focus, here's some of the latest.
Operating at the bleeding edge of invention, deep tech startups are exponentially improving the performance of tech applications. Check out Dealroom's data landscape of global Deep Tech startups. ๐
The UK, Germany, France, the Netherlands. These countries consistently come out on top among European tech ecosystems when it comes to funding, unicorn creation, and ecosystem value. But these are also some of the continent's biggest economies. We've taken a closer look at how Europeโs tech nations really compare on a per capita basis.
How do the notoriously entrepreneurial Baltic States or Nordic innovators weigh up? Which are Europeโs most entrepreneurial tech ecosystems, pound for pound? ๐ฅ
European startups raised $58.6B in H1 2022, the second highest half-year for VC investment after H1 2021. Though VC activity in Europe has been affected by an ongoing market pullback, its effects have initially been less pronounced than in the US, especially for early-stage funding. The UK accounts for almost a third (32%) of the total value of European startups, and 35% of European VC funding in H1 2022.
Read the full report brought to you by Dealroom & Silicon Valley Bank UK.
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๐ฉ๐ช September 10, Berlin Germany
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๐บ๐ธ October 18-20, San Francisco, USA
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