Good afternoon {{first_name}},
The question is no longer what is possible. The frontier is shifting from models to deployment in physical infrastructure.
A concrete signal from the past weeks: Microsoft and Siemens announced an expansion of their collaboration to bring industrial AI copilots directly into factory operations by embedding AI into real-world control systems. At the same time, players like Google DeepMind are pushing AI into energy grid optimization, for example, moving beyond prediction into active system control.
That shift is exactly what the EIC Tech Report 2026 captures. Built on data from thousands of applications and funded projects, the report identifies 25 early-stage deep tech signals across digital, energy, and biotech domains. What stands out is not just the technologies themselves—quantum communication, bio-inspired AI, microbial biomining—but the stage they are in. Across the board, the bottleneck is shifting from discovery to deployment constraints: manufacturing, integration, scalability, and system compatibility.
Also in this issue:
Europe’s Top 5 early-stage startups building the AI layer that optimizes, balances, and ultimately controls energy systems
And: Win a copy of Reshuffle by Sangeet Paul Choudary, the new playbook redefining how value is captured in AI
And DTM-founder Martin Schilling draws a line from the Medici gardens of 1462 to Berlin in May — and argues that density, not capital, is what builds the next Renaissance.
Enjoy the read!
THE LEAP | BY MARTIN SCHILLING
The Renaissance Didn't Happen by Accident: Density Changes Everything
Dear all,
Florence, 1462. The Medici did not build an institution. They created conditions. Cosimo gave a young philosopher named Ficino a villa outside the city and a handful of manuscripts. What followed had no statutes, no membership list. Philosophers, painters, architects, mathematicians, poets, and merchants gathered in gardens, at dinner tables, in corridors after lectures. A sculptor's problem became a mathematician's insight. A merchant's question became a philosopher's life's work. The Medici did not manufacture the ideas. They manufactured the density — and let the disciplines collide.
The bottleneck is rarely talent or capital. It is proximity between people who would not otherwise meet. We have designed Deep Tech Momentum 2026 around exactly this principle — a collision of six deep tech frontier markets with the right customers, investors, and the world's leading founders in the room. A true Deep Tech & AI innovation marketplace, built for density.
Here are five moments we aim to create in May in Berlin.
AI Productivity Summit | From AI Experimentation to AI Adoption at Scale
The Head of Smart Manufacturing at a major European space manufacturer has spent eighteen months building one of Europe's most advanced satellite production facilities. The infrastructure works. But operational equipment effectiveness keeps him up at night — not because the machines are failing, but because the intelligence is fragmented. Automation islands that don't speak to each other. His question is the one every serious industrial leader is carrying: how do you move from isolated automation islands to a truly intelligent shopfloor — and who owns the data, the model, and the decision?
The AI Productivity Summit brings Europe's leading AI and Deep Tech innovators together with enterprise customers in closed roundtables to discuss AI adoption challenges like these. Topics include: AI for Supply Chain, AI for Sales, AI for R&D in Classified Environments, AI for Utilities & Infrastructure, AI Agents in Industry, AI Governance. The objective: One hundred new AI collaborations. In one day.
Growth Capital Salon | From Too Many Conversations to the €100M+ Cheque
She has raised €30 million in under two years for a world-model robotics startup — one of the fastest early-stage trajectories in European deep tech. She has had over 100 investor conversations. The feedback never changes: exceptional technology, real traction, and the next cheque needs to be north of €100 million. Which is exactly where Europe's growth capital market goes quiet.
The Growth Capital Salon at Deep Tech Momentum 2026 changes that for her. Co-hosted with DCVC and Drumbeat Capital. Opened by Martin Blessing, Chief Investment Officer of Germany for Chancellor Merz, it brings together some of the world's leading growth investors like Accel, AE Industrial Partners, DCVC, Eclipse, EIF, General Catalyst, Hedosophia, IQT, Headline, EQT, Northzone, Atomico, and others — alongside Europe's soonicorn and unicorn founders — around one objective: catalyse €1 billion in additional growth capital for European deep tech. The €100M+ round rarely starts with a deck. It starts with being in this room.
Investor Connect | From Overflow to Curated Deal Flow
A Principal at a leading European deep tech fund is not looking for deal flow — she has more than she can process. She is looking for a signal. At most events that means fielding inbounds and hoping something exceptional surfaces. DTM26 changes the dynamic.
Before the event opens, thousands of startups have been screened, 500 startups are profiled in the DTM Lookbook — spanning DTM100 and DTM Selection — vetted by thirty leading funds working together. The curation happened in advance. In the Investor Connect lounge, she is not filtering. She is choosing. Fifteen meetings. Five active targets. Two term sheets likely signed the following week.
Venture Clienting & CVC Summit | From Innovation Theatre to Board Priority
One hundred senior venture clienting and CVC leaders. Ten closed, peer-moderated roundtables across six markets. Co-hosted with 27pilots. No panels. No pitches. A senior R&D leader from a major European utility walks in with a challenge that has defeated her team for two years: moving startup pilots from proof of concept to grid-scale deployment. She leaves with three peer connections running the same playbook, a joint search underway along the energy storage value chain, and a framework for her board in June. The goal: make venture clienting a board-level priority. For her, it already is.
CXO Sovereignty Summit | From Red Tape to the State as Anchor Customer
A confidential, closed-door space for some of Europe's most senior innovators, policymakers, and founders — co-hosted with BCG.
Michiel Scheffer, President of the EIC. Roberto Viola, Director General of DG Connect. Dorothee Bär. Karsten Wildberger. The people actually building AI gigafactories, deploying fusion pilots, securing battery supply chains. A senior EU policy official walks in with a familiar brief: more coordination, slower harmonisation. He walks into a room that has moved past that conversation. The discussion is solution-oriented and unfiltered — focused on the two moves that 10x the European deep tech ecosystem: the state acting as anchor customer to create demand that de-risks deployment, and bold regulatory simplification to make Europe the world's most attractive place to scale hard technology. He rewrites the memo on the flight home.
May 20th and 21st. Deep Tech Momentum 2026. The Medici didn't wait for the Renaissance to happen. They built the conditions for it. The question is whether you'll be in the room.
With the belief that density changes everything,
Martin
DEEP TECH OPEN | AI LAYER FOR ENERGY
Europe’s Top-5 Startups for AI-Powered Energy Optimization | Early to Mid-Stage ($19m-45m)
Flower | Stockholm, Sweden
Technology: AI platform optimizing battery storage and flexible assets through real-time forecasting and automated trading.
Customers: Energy producers, battery operators, and grid participants.
Use cases: Battery optimization, energy trading, grid balancing, renewable integration.
Funding: closed Series A funding of €45M led by Northzone with additional investment from Giant Ventures and 82an Invest in October 2024
Why it matters: As volatility increases, value shifts to real-time optimization of storage and market participation—this is where AI captures margins in modern energy systems.
→ Originally started by applying AI to optimize individual battery assets, but quickly expanded into running entire portfolios—today effectively acting as a software-native power plant operator.
Ento Labs | Århus, Denmark
Technology: AI-driven software optimizing heating, cooling, and energy consumption in commercial buildings using real-time operational data.
Customers: Real estate owners, property managers, and large building portfolios.
Use cases: HVAC optimization, cost reduction, emissions tracking, portfolio-level energy intelligence.
Funding: Early-stage (seed), backed by Nordic investors and climate-focused funds and strategic investors.
Why it matters: Buildings represent ~40% of Europe’s energy consumption—AI-driven optimization is one of the fastest paths to efficiency gains without capex-heavy retrofits.
Kraftblock | Sulzbach, Germany
Technology: AI-enabled high-temperature thermal storage systems optimizing industrial energy usage and waste heat recovery.
Customers: Industrial companies (steel, chemicals, manufacturing).
Use cases: Waste heat storage, process optimization, grid balancing through industrial flexibility.
Funding: Raised €20M+ in August 2023 to scale deployments.
Why it matters: Industry is one of the hardest sectors to decarbonize—optimization of heat and storage unlocks massive efficiency gains.
Twaice | Munich, Germany
Technology: AI analytics platform for battery health, performance, and lifetime optimization.
Customers: OEMs, energy storage operators, mobility and industrial players.
Use cases: Predictive maintenance, battery lifecycle optimization, safety monitoring.
Why it matters: Storage is the backbone of renewables—battery performance directly defines system economics.
→ Its core battery models are trained on billions of real-world battery data points, turning what used to be lab-based testing into continuous, real-time software diagnostics.
Sympower | Amsterdam, Netherlands
Technology: AI-enabled demand response platform connecting industrial loads to energy markets.
Customers: Industrial companies, utilities, transmission system operators.
Use cases: Load shifting, participation in flexibility markets, grid balancing services.
Funding: Secured €19 million in funding from pension investor PGGM, investing on behalf of PFZW, the Dutch health care pension scheme in September 2025.Why it matters: Demand is no longer passive—it becomes an active grid asset, unlocking flexibility without new infrastructure.
→ Instead of building new infrastructure, Sympower unlocks capacity by coordinating existing industrial loads—at scale, this can replace entire power plants with pure software-driven demand flexibility.
THE PULSE
Europe’s Deep Tech Radar: 25 Signals Before the Break

Europe is not just funding deep tech—it is pre-positioning capabilities at the exact moment before global lock-in.
The EIC Tech Report 2026, published by the European Innovation Council, is a data-driven horizon scan of 25 emerging deep tech signals identified from funded projects and applications—capturing technologies before they become mainstream or strategically locked-in.
Europe is systematically mapping “pre-trend” deep tech—25 signals, not sectors
The report identifies 25 emerging technology signals derived from EIC-funded projects and applications (Q2 2021–Q1 2025), explicitly positioned at low- to mid-TRL stages—before market consolidation begins.
→ This is not a landscape of mature industries, but a pipeline of future bottlenecks and capabilities in formation.€10B+ EIC capital is being deployed upstream—where uncertainty is highest
The European Innovation Council operates with a budget of >€10 billion (2021–2027), targeting high-risk, high-impact technologies across the full lifecycle (from proof-of-concept to scale-up).
→ Europe is deliberately placing capital before technical standards and value chains are locked in.Strategic autonomy is the primary filter—not just innovation potential
Signal selection is guided not only by breakthrough potential, but by direct relevance to resilience and sovereignty (e.g. semiconductors, quantum comms, water, materials, biotech).
→ The implication: technology selection is now geopolitical infrastructure planning.Three domains dominate—and each targets systemic dependencies
The 25 signals cluster into:
Digital & Space (9 signals) → semiconductors, AI architectures, quantum networks, orbital infrastructure
Clean & Resource Tech (7 signals) → water, heat recovery, materials, energy systems
Biotech & Health (9 signals) → food systems, therapeutics, diagnostics
→ Each domain maps directly to critical dependency layers: compute, resources, biology.
The real shift: from breakthrough science to system integration constraints
Across all chapters, technologies are entering phases where integration realities define viability:
manufacturing scalability
operational stability
interoperability and standards
real-world deployment constraints
→ The bottleneck is no longer a discovery. It is deployment under real system conditions.
DTM OPPORTUNITIES
The Professor Behind the Founder
Every breakthrough company has an origin story. And more often than not, there's a professor somewhere in it — the one who said "this is worth pursuing" before anyone else did.
University spin-offs are still far too rare in Germany. UNIPRENEURS is on a mission to change that — by finding and celebrating the professors who make the difference. The ones who inspire their students, who plant the idea of starting a company early, and who turn lecture halls into launchpads.
This initiative is personal for us. DTM co-founder Martin Schilling co-created UNIPRENEURS together with investor Matthias Hilpert — because they both know first-hand how much a single professor can change a founder's trajectory.
Backed by the Stifterverband, Startup-Verband, Bitkom, and the Federal Ministries for Research and Economics, this is a national initiative with real weight behind it.
If a professor changed your trajectory as a founder, now is the time to say so. Two simple questions. Two minutes of your time. One mentor who deserves the recognition.
→ Nominate your professor now: unipreneurs.de/nominieren
Defense Start-ups: Where Counter-Drone Tech Meets Reality
Fiber-optic FPV drones are bypassing traditional electronic warfare. Detection is no longer a nice-to-have — it is the bottleneck.
Snake Island Institute is organizing a 2-day FPV Detection Crash Test together with frontline units of Ukraine's Third Army Corps. This isn't a lab simulation or a policy roundtable. It's a live field test — with Ukrainian operators who have real combat experience, defense tech startups at TRL 5+, and independent system integrators in the room.
If you're building in counter-drone, acoustic sensing, radar, or battlefield intelligence — this is where theory meets deployment. And where operational relevance gets decided.
What participation looks like:
Bring and test your system in real operational conditions
Get direct feedback from frontline users
Connect with a curated group of defense tech builders and integrators
Taking place late April / May 2026.
→ Apply to join the crash test — pre-registration open
→ Reach out to support — partner on funding or program expansion
ECOSYSTEM GIFT
The Playbook for the AI Economy
Some books ride the AI wave. Reshuffle explains where it breaks.
The thesis is sharp: AI doesn’t just automate work—it reallocates where knowledge lives and who captures value. Expertise gets embedded into systems, margins shift upstream, and new winners emerge at the layer that controls access, orchestration, and distribution.
That’s what makes this a playbook. If you’re building, the question is no longer what you know—but where you sit in the stack.
The perspective comes from Sangeet Paul Choudary, founder and one of the earliest thinkers to map how platforms reorganize markets. He extends his platform thinking into the AI era—mapping how entire industries get “restacked” when knowledge becomes programmable.
→ We’re giving away one copy. Reply with “RESHUFFLE” and we’ll randomly select a winner.
Last Week’s Winner: Congratulations to Robert Gassemie on winning last week’s Ecosystem Gift — the book Empire of AI by Karen Hao.
Thank you for reading this far. Here are two ways to grow closer to the Deep Tech Now community:
Become a Guardian of European Deep Tech: Are you a senior leader seeking commercial partnerships with Europe’s leading Deep Tech startups and SMEs? Successful applicants join Deep Tech Momentum’s Guardian network, receiving complimentary VIP access to our flagship event in May. Apply here.
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