3D Architech’s Post

Once a week, the #deeptech team at Octopus Ventures will share a topic which we have been thinking about. We want to create #conversation, meet #founders and #experts and share our #excitement! 🤓 And this week we want to discuss a crucial step in every startup’s journey, especially a DeepTech Startup: the Product Market Fit 🌍 Product-market fit refers to a stage in a startup’s development where the startup’s product or service finds alignment with the market needs of its target market. A company can claim they have reached this critical milestone if the market is receptive to their products and services with increased sales, user adoption and general customer satisfaction. This is especially crucial for DeepTech startups as oftentimes, having disruptive technologies does not equate to a successful venture if the market is not receptive to their product/service.  In the ever-evolving landscape of deeptech with new and novel technologies emerging at every turn, it is crucial to find product market fit as it can help various facets of the business like the areas listed below. 🔬 Help validate technology innovation: With deeptech ventures, most of the innovations are novel to the market and the customers. Product market fit helps bridge the gap between the technology and market demands to validate the existence of the venture. 🏗 Minimize wastage of resources: DeepTech startups are oftentimes capital and time-intensive; however, achieving product-market fit early in the startup journey minimizes the capital, time and resources spent. 💸 Attract investors and funding: Investors are drawn to startups that have demonstrated a strong product market fit, as they have proven market traction and a viable business model to back the technology. This helps mitigate some of the commercial risks for investors backing a deeptech venture. 🚀 Iteration and adaptability: Product market fit revolves around testing, collecting feedback, and adapting based on the results to remain responsive to the market. This helps startups to stay agile. In the competitive and rapidly evolving realm of deep tech startups, finding product-market fit is not just a milestone but a determinant in their success. It can act as a compass that helps startups navigate the complexities of technological innovation, customer satisfaction, and investor confidence. If you’re a fellow DeepTech enthusiast looking to get involved or a DeepTech founder working on a novel technology, feel free to drop us a message! Follow the rest of the amazing Octopus DeepTech team to keep up to date with what we're thinking about: Mat Munro, Amy N., Simon King, Maiuran Chandrakumaran, CFA, Flavia Levi, Rubina Singh, Jonathan Durnford-Smith, Owen Metters and Richard Anson.

#deepthoughts Once a week, the #deeptech team at Octopus Ventures will share a topic that we have been thinking about! This week, we've been considering the symbiotic relationship between corporates and DeepTech startups. In the current technological landscape, the synergy between corporates and DeepTech startups is vital. It's crucial to acknowledge the key role of these partnerships, as they not only drive technological advancement but also influence the direction of innovation, while tackling pressing global challenges. 🚀 Corporates gain access to ground-breaking technologies that disrupt markets and improve their products, streamline processes, and refine services. In addition, they diversify their sources of #innovation, critical for risk mitigation. DeepTech startups serve as alternative R&D channels, complementing internal efforts and enriching the innovation ecosystem. For instance, 💾 #IntrinsicSemi uses RRAM to achieve faster data read and write speeds than conventional market offerings. The technology integrates seamlessly into existing chip manufacturing facilities, improving memory performance and reducing energy consumption. 🔬 DeepTech startups flourish in agile environments, allowing them to quickly adapt to changes. Collaborating with or investing in these startups gives corporates the chance to benefit from their agile operations, speeding up their own innovation cycles. Furthermore, these partnerships open up disruptive new markets, giving corporates a competitive edge by redefining industry standards and discovering untapped revenue streams. For example, 📹 Living Optics is pushing the boundaries of traditional imaging with hyperspectral imaging technology. This technology enables advanced computer vision algorithms to detect and identify materials, segment images based on detailed criteria, and track objects with unprecedented accuracy, revolutionising fields such as environmental monitoring, agriculture, healthcare, archaeology, and more. 👩🔬 Moreover, many innovative DeepTech startups are founded by visionary individuals who are industry leaders in their respective fields. Working with these startups gives access to these entrepreneurial minds and their expertise. These collaborations provide corporates with access to disruptive technologies and foster symbiotic relationships that benefit both sides. Startups gain from corporates' vast resources, mentorship, and market access, which are crucial for their growth and success. If you're as passionate about this topic as I am, I'd love to chat! 😎 To stay updated with our thoughts, follow the rest of the team: Mat, Owen, Flavia, Maiuran, Simon, Jonathan, Joanna, Amy, Oliver and Hugo

🎉🔥Hot off the press at EU Startup News! Check out our latest expose on Italy's thriving startup ecosystem - where 3D technology is leading the charge and revolutionizing a variety of industries! Discover here: https://lnkd.in/eGiEDtN7 In this article, we delve into the successes and innovations of different startups such as: - neuno - MOAB - IeSAC - WESCAN Solutions - Novis Games - Labec Design - Protoflash - Animo Devs srl - BeyondShape - Hi-Fiber - Invisible Cities - Tunnelvision Studios - V-Expo - R.D.D. Italia - MATLAB Learn how these startups are shaping the future of 3D technology in Italy today! #3DTech #Italy #Startups #EUStartupNews #Innovation #Technology

🌟 Want to stay ahead of the curve in 2024? Discover some of the most promising startups & companies that are set to make waves this year. From AI to green tech, these innovators are poised to disrupt their industries. Dive in to learn more and share your insights! 📈🔍 https://lnkd.in/dSZQfVck #Innovation #Startups #TechTrends #FutureLeaders 

3D printing reaches new heights. Literally. 3D printed rockets are beginning their journeys. Kudos to AgniKul Cosmos!! ISRO - Indian Space Research Organization now has complementary partners. Some key points that show a lot of promise: * Engine took around 72 hrs vs a few months ago regular manufacturing * India’s first semi-cryogenic engine * Cost of just the engine is probably ~10% of regular engines of similar class * India’s first rocket launch from a private launch pad * Focus on what customers want is strong * Focus on quality is well established

Are you heading to the Sifted Summit? I'm looking forward to joining the 3,000 founders, operators and investors in the European startup ecosystem in London. If you're involved with health & climate tech, hardware, advanced manufacturing or 3D printing then let's connect. I'm interested to know how the investment landscape has recovered, where are the underfunded opportunities and what is on the horizon. #SiftedSummit #startupeurope #founders #startups #venturecapital #3dprinting

The space startup sector in India is reaching new heights. And AgniKul Cosmos stands out for its bold vision of democratizing space access. Their mission to build customizable, on-demand rockets brings space tech closer to startups and small businesses. Here’s what makes their journey special: • Problem Solving: Tackling the high costs of traditional launches by developing flexible, modular rockets. • Tech-Driven Innovation: Leveraging 3D printing for rocket engines to cut production time and costs. • Perseverance: From early failures to securing seed funding and collaborating with ISRO, persistence has driven their success. For entrepreneurs, Agnikul’s story reminds us that even in complex industries, a focused, technology-forward approach can open new opportunities. Stay persistent, understand the market, and adapt to the challenges ahead. These are the principles that transcend sectors and drive long-term success. Their journey is an inspiring reminder: even the most complex industries can be disrupted with ingenuity, resilience, and a laser focus on solving customer problems. While space remains the final frontier, Agnikul’s story shows that with the right approach, even the sky doesn’t have to be the limit. #space #startups #spacesector #isro #agnikulcosmos

#deepthoughts   Once a week the #deeptech team at Octopus Ventures (https://lnkd.in/eHNw4HvG) will share a topic which we have been thinking about.   This week, I’ve been mulling over the relationship between #VCs, deeptech #startups and the #government and how we can improve the quality of the conversation.    As a secondee from the Foreign, Commonwealth and Development Office to the deeptech team at Octopus for the past 6 months, I’ve experienced firsthand the “language barrier” that can exist between these worlds. I wanted to share some key areas where I believe better mutual understanding can bridge this gap.   🤠 Risk: VCs are known for taking big risks for big wins. Government needs to demonstrate accountability for responsible spending of tax payers’ money. How can we help the government become comfortable with the risks inherent in early-stage tech companies and the reality for every success, many will fail?   💸 Pace: In early stage companies, cash is king, so effective management of cashflow is key to success. Delays of a few weeks for receipt of anticipated government funds (including grants or R&D tax credits) can be catastrophic – leading to company failure. Even uncertainty over government decisions (eg. approvals under NSIA) creates additional risk for investors to navigate. Could a better understanding of pressures on early stage companies help drive pace in government payments and decisions?  💎 Futures: Predicting the future in deeptech is no easy task. While government strategies focused on 5 priority technologies are helpful, we must remain open to the possibility that the next big thing could come from an unexpected direction. How can we strike a balance between strategic focus and agility?   🤑 Tech breakthrough and Market Fit: As VCs, we need to invest in tech which has the potential to generate significant financial returns. This may or may not mean we’re supporting the tech breakthroughs that could deliver government priorities. Can we help government and tech founders to engage earlier and enable innovation through early access to government data and infrastructure?   🌱 Diversity, Equality, and Inclusion: Before my secondment, I had no idea that less than 2% of deeptech VC funding goes to female founders – surely a significant barrier to innovation. How can we better collaborate with government to put inclusion and access at the heart of everything we do?   I’m optimistic that by acknowledging these differences, we can improve the quality of the conversation between VCs and government. We’ve seen this done well on national security where #NSSIF is doing a fantastic job. It was great to share ideas at the GO-Science event last week, if anybody else has seen this challenge, or where it’s being handled really well, I’d love to hear about!   😎 Follow the rest of the team to keep up to date with what we're thinking about: Mat, Owen, Amy, Flavia, Simon, Maiuran, Oliver, Hugo, Ruhitha, Jonathan.

The Art of the Print: Unveiling the Blueprint to a Winning Pitch Deck In the world of startups, your pitch deck is your first impression—and sometimes, your last. Discover how to blend innovation with strategy in our latest guide, specifically designed for the printing industry. It's time to print your path to victory and leave a mark that investors can't ignore. #PrintingSuccess #StartupLife #pitchdeck https://lnkd.in/du8YAu-j

Startups need flexible, seamless solutions to manage printing and scanning without wasting time or resources. Find out how Mopria empowers startups with secure, easy-to-use printing and scanning capabilities on our blog: https://ow.ly/M04e50TmEHg #Startups #Productivity #MopriaAdvantage