剑桥科技的崛起

1Why Academic Startups Matter2Rise of Cambridge Tech3A Global Deep Tech Powerhouse Page/ 3A new breed of entrepreneurs has produced majority of value creation during lastdecades: engineers – who previously might have stayed in university or largeengineering firms – backed by new breed of investors, making this a viable option$3 trillion+ 1.4xsince 200720% VC-backed$48 trillion+3.8x since 200760% VC-backed$15 trillion+1.4x since 200715% VC-backedSource: Dealroom.co.Market cap Page/ 4Technology drives productivity growth, which in turn fuels GDP growth—throughboth a strong tech sector and widespread diffusion across societySource:Dealroom.co analysis of OECD data and estimates, data from 1971 to 2023. US dollars per hour, PPP converted. Constant prices, 2015 (from 1971 to 2023).Labor productivity measures how much output is produced for every hour worked.Productivity (GDP per hours worked)Dot-comGFCToday Page/ 5FoundationalTSMCARMASMLComputelayerIntel, NVIDIA, AMD, BcomPage/ 5Dependency onforeign tech.Deep tech has roleto play hereSource: *Dealroom indicative estimates based on desktop research.**Based on late 2023 data, does not include xAI, DeepSeek. Page/ 6Europe, US andChina all haveshifted more toDeep Tech.In 2024 this trendcontinued, drivenby frontier AISource: Dealroom.co. Source: Dealroom.co. The European Deep Tech Report by Lakestar, Walden Catalyst and Dealroom Page/ 8Similar graduation rates …Source: Dealroom.co. The European Deep Tech Report by Lakestar, Walden Catalyst and Dealroom Bigger rounds (sometimes)… 1.5x more time to get to$25M+ revenues, but levelsout $100M+ (less competitionfor Deep Tech company). Page/ 9Many of Europe's most valuable companies are/were Deep TechSource: Dealroom.co.$300 bn market capInsulin$350 bn market capReal-time data$140 bn market capChip design$290 bn market capLithography 1Why Academic Startups Matter2Rise of Cambridge Tech3A Global Deep Tech Powerhouse Page/ 11Cambridge'stech ecosystemhas a combinedvalue of $222billion18% of the value of UKtech, 2nd after LondonSource: Dealroom.co. Page/ 12Not just ARM: thecohort ofstartupslaunched from2005 hasincreasedsignificantly invalue too to $47BSource: Dealroom.co. Page/ 14Cambridge funded startups by segment/stageSource: Dealroom.co.Strong pipeline of Life sciences, Deep tech, Climate tech and AI startups Page/ 15More unicornsfor every fundedstartup thanother EuropeanecosystemsSource: Dealroom.co. Total count of unicorns and $1B exits since 1990, relative to totalnumber of funded startups. Page/ 16Cambridge leadsEurope instartupprogression fromseed, competingwith the BayArea41% of Cambridge seedstartups advance toSeries A funding, aheadof Bay Area (40%) andOxford (35%)Source: Dealroom.co. *Startup graduation rates track startups that secured seed funding in a given yearand measure how many raise Series A, B, or C+ within 3 to 36 months. Page/ 17Source: Dealroom.co.For every $1B ofVC investment,Cambridgeproduced$17.7B Page/ 18Cambridge ranks#2 globally byunicorns percapita, justbehind the BayAreaSource: Dealroom.co. Page/ 19$2.3B in VCinvestment in2024, almostdouble 2023 andsecond-highesteverTwo mega rounds:Wayve($1.1B) andQuantinuum($300M)Source: Dealroom.co. Page/ 20But underlyingtrend is alsoconsistent andgrowingSource: Dealroom.co. Page/ 21Exceptionalfounders aredriving newstartup creationin CambridgeSource: Dealroom.co. Former Quantinuum Head of strategy & productsChad Edwards launched CuspAI in 2024Former Head of Sustainability at ARMDominic Vergine launched Monumo in 2021Professor of Microsystems Technology at the University of CambridgeAshwin Seshia launched 8power and Silicon MicroGravity 1Why Academic Startups Matter2Rise of Cambridge Tech3A Global Deep Tech Powerhouse Page/ 23Cambridge ranks#3 in Europe for Deep Tech VC – and#1 per capitaDeep tech VC investment in Europe, since 2024Deep tech VC investment since 2024, per million inhabitants*Source: Dealroom.co. *Of top hubs by VC investment since 2024 Page/ 24Source: Dealroom.co. Metrics are based on startups founded by university alumniglobally; business schools were excluded from this analysisCambridgealumnis havecreated morestartups than anyother Europeanuniversity Page/ 25Globally, Stanford, MITare still in anotherleague. But 2-3x growthisnʼt out of range – givenall initiatives underway.Especially true whenconsidering thegeographical location ofCambridge …Source: Dealroom.co. Metrics are based on startups founded by university alumniglobally; business schools were excluded from this analysis Page/ 26Cambridge sits in thecenter or the world's mostdense cluster of techecosystems includingLondon, Paris, Amsterdam,Eindhoven, Oxford,Leuven, etcAll within a 4 hours railtrip: New Palo AltoSource: Dealroom.co Page/ 27New Palo Alto ranks as the worldʼs #2 tech ecosystemSource: Dealroom.co.#1#2#3#4#5#6#7#8#9#10