20/11/2023
New Zealand's Startup Ecosystem: A Deep Dive into Deep Tech
The Spring 2023 edition of PwC's Startup Investment Magazine not only highlights the resilience of New Zealand's startup ecosystem but also sheds light on a significant shift towards deep tech ventures. At Outset, we're at the forefront of this exciting trend, committed to investing in the best NZ deep tech founders.
Deep Tech: Leading the Way in 2023:
Dominant Sector: Deep Tech ventures accounted for a staggering 49% of deals in the first half of 2023, overshadowing SaaS at 16%. This shift towards high-impact, long-term value ventures is a trend that Outset Ventures has been championing.
Sub-Categories in Focus: Within Deep Tech, Health Tech leads with 46% of all funding, followed by Clean Tech at 22%, and Agri Tech at 17%. These sectors are not just thriving; they're transforming industries and lives.
Global Talent and Local Support: New Zealand's attractiveness as a global talent hub, coupled with supportive frameworks for startups, aligns perfectly with our mission at Outset. We're here to nurture these groundbreaking ventures from inception to global success.
Outset Ventures' Role:
As we delve into the dynamics of the startup ecosystem, it's clear that our role is more crucial than ever. We're not just investors; we're partners in building a sustainable, innovative future. The insights from PwC's report reinforce our commitment to deep tech and the enormous potential it holds.
Join us in celebrating and shaping the future of deep tech in New Zealand. Together, we're not just investing; we're making a difference.
https://www.pwc.co.nz/insights-and-publications/2023-publications/startup-investment-magazine-spring-2023.html