China biggest global driver of deep tech investment growth

Funding increased at an annual rate of more than 80% from 2015 to 2018

A recent report has found that China is the biggest driver of deep technology investment growth globally, with funding increasing at an annual rate of more than 80 percent from 2015 to 2018.

Offering significant advances over technologies currently in use, deep technologies require substantial research and development to develop practical business or consumer applications and bring them from the lab to the market. Many of these technologies address big societal and environmental challenges and will likely shape the way people solve some of the most pressing global problems, said the research report.