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Riskgaming
The Orthogonal Bet: How deep science ventures redefines deep tech innovation
Nov 7, 2024
42:52
Snipd AI
Dominic Falcao, founding director of Deep Science Ventures, shares his vision for a new approach to deep tech. He discusses the concept of combinatorial innovation and how it's reshaping startup culture. Falcao emphasizes the importance of societal outcomes and cross-disciplinary work. The conversation dives into AI's role in enhancing risk assessment for new technologies and the evolving European tech landscape. His insights on the 'immortal technology tree' framework highlight strategies for navigating uncertainties in scientific innovation.
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Quick takeaways
- Deep Science Ventures adopts a principled, problem-based approach to innovation, prioritizing societal outcomes to reshape traditional technology commercialization models.
- The need for institutional diversity in Europe is emphasized, as it fosters unconventional thinking essential for driving scientific advancement and innovative solutions.
Deep dives
Foundations of Deep Science Ventures
Deep Science Ventures (DSV) aims to create deep tech startups by adopting a principled and problem-based approach rather than focusing solely on existing technologies. The idea originated from founders' experiences at Imperial College's tech transfer office, where they realized that conventional spin-out processes were inefficient and costly. DSV prioritizes societal outcomes to determine the direction of innovation, effectively reshaping the traditional technology commercialization model. This involves identifying gaps in societal needs and working backwards to develop scientific concepts that directly address those outcomes.
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