Deep tech startups attracting more early investment than any other sector, says Callaghan Innovation

Callaghan Innovation has funnelled millions into deep tech startups. (Image: NZ Herald)

Thu, 03 Oct 2024

Ten years after Callaghan Innovation launched its Deep Tech Incubator Programme, the sector now attracts more pre-seed and seed investment than any other business type.The Crown entity has since disbursed $44 million in repayable grants. It has also co-invested $81m with private investors, although it hasn’t broken down its own share of that because of commercial sensitivity.The programme is aimed at the very early stages of a start-up, where even angel investors and venture capital firms may hesitate to tread.As Callaghan Innovation stat...

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