We had the opportunity to attend Collision Conference in Toronto this year, and we wanted to share some key takeaways with you. Collision is North America’s fastest-growing tech conference which was held from June 20th to June 23rd, 2022, in the city of Toronto, Canada. The event included tech experts, some of the world’s best speakers and market leaders.
Across the board, despite a significant slowdown in funding, there is an incredible amount of innovation happening in the tech sector. DeepTech fields such as AI, AR/VR and autonomous vehicles continue to move forward pushed by new and existing startups. Corporate funds are replacing part of the slack in VC funding.
1. The Tech sector has incredible innovations coming down the pipeline, especially in the field of AI.
2. Although hardware companies were underrepresented, the ones present showed great promise and an array of future applications.
3. From an investment side, although many investors are aware of a major slowdown in funding, this is the best time to find the future winners in the DeepTech arena.
4. Building on the last point, this is a great time for early-stage investment, as many fantastic companies will emerge out of the current struggle and competition.
Starting a deep tech startup is challenging, with various hurdles to overcome. Networking is crucial for success in this space. It enables entrepreneurs to connect with like-minded individuals, investors, and potential customers.
Building a strong team for a deep tech startup involves a combination of strategic planning, effective recruitment, and creating a positive work environment.
To ensure that your startup project will grow smoothly, it is a must to attract talent and build a strong team.
Deep tech startups are at the forefront of technological advancements, creating cutting-edge solutions that shape the future. However, without effective marketing strategies, these startups may struggle to gain visibility, secure funding, and attract customers.