Deep tech start-ups are ventures that commercialize products or services based on foundational R&D-based scientific or technological breakthroughs.
Key characteristics of deep tech start-ups include technology risk, longer gestation period, and higher capital investment cost.
The commercialization of deep tech products requires patience, interdisciplinarity, and governance mechanisms.
To foster an ecosystem for deep tech start-ups, there is a need for patient capital, seamless academia-industry engagement, incentive structures, and targeted mentoring.