Deep tech isn't a tourist market—you need partners who understand labs, scale-up, and non-obvious GTM. Below is a crisp, high-signal guide to the Top 15 Deep Tech Investors in 2025—who's actually active, how to shortlist, and how to pitch so you get to yes.

How to Pick the Right Deep-Tech Investors

Start with your constraint. Need help with hard science diligence (fusion, semis, quantum), industrialization (FOAK/NOAK, supply chain), or distribution (defense, utilities, OEMs)? Match funds to that need: e.g., DCVC's frontier theses and sector maps; Lux's infra-heavy view of the AI/compute build-out; Seraphim's space capital data. (DCVC Deep Tech Opportunities Report)

Prioritize current-cycle activity. Look for 2024–2025 fund closes, reports, and lead rounds (examples below under each investor). If they haven't led lately, deprioritize.

Pick by wedge, not label. "Deep tech" spans bio/health, materials/energy, semis/compute, space/defense, industrial robotics. Shortlist funds who've done ≥2 deals in your exact wedge in the last 24 months.

Bring evidence early. Investors now expect unit process data, LCA/abatement math, pilot LOIs, reliability/uptime, and capex profiles—not just ambition. DCVC's Deep Tech Opportunities Report is a good bar for clarity; Lux's market notes help you frame why now. Present this data clearly in a professional data room that showcases your technical depth.

Why Peony Is Built for Deep Tech Fundraising

Peony supports deep tech founders throughout the fundraising journey. Organize technical documentation, engineering data rooms, and investor materials securely with AI-powered organization.

Track investor engagement with page-level analytics to see which VCs spend time on your technical specs, cost curves, and pilot data. Protect sensitive IP and research with dynamic watermarks and screenshot protection.

Present LCAs and unit economics clearly, show supply chain documentation professionally, and maintain complete security throughout the fundraising process.

Create your deep tech data room today.

Top 15 Deep Tech Investors for 2025

Here's what each firm actually does for founders, where they play, and a recent signal that proves they're active now.

1. DCVC (Data Collective)

Where they help: Heavy technical diligence; U.S. industrial/energy/defense supply chains.

Stage/geo: Seed → growth; US-first but global.

Why now: 2025 Deep Tech Opportunities Report lays out investable wedges (manufacturing, energy, defense).

How to approach: Lead with technical depth and industrial partnerships. Organize your technical documentation clearly in your data room.

2. Lux Capital

Where they help: Narrative + strategy around the AI/compute capex super-cycle (power, semis, thermal).

Stage/geo: Multi-stage; US + EU.

Why now: 2025 LP letters dissect where infra value accrues as AI soaks up meaningful % of US capex. (Lux Q2 2025 Report)

How to approach: Frame your technology within the compute/infrastructure narrative. Track engagement with your technical materials using page-level analytics.

3. Playground Global

Where they help: Deep semis bench; design-to-fab realism; hardware-first GTM.

Stage/geo: Seed/A with follow-ons; US.

Why now: Pat Gelsinger joined as GP in 2025 to push semis bets.

How to approach: Show manufacturing feasibility and supply chain realism. Protect sensitive design documents with watermarks.

4. Eclipse Ventures

Where they help: Factory math (yield, throughput, COGS) and industrial buyers.

Stage/geo: Early → growth; US/EU.

Why now: Led Redwood Materials' $350M Series E (Oct 2025)—serious industrial scale.

How to approach: Lead with unit economics and manufacturing cost curves. Present financial models clearly with professional formatting.

5. Khosla Ventures

Where they help: Audacious tech + market shaping; strong climate/fusion pedigree.

Stage/geo: Seed → growth; global.

Why now: On the fundraising trail with new funds; portfolio includes Commonwealth Fusion Systems (fresh 2025 raise). (The Wall Street Journal)

How to approach: Show breakthrough potential with credible path to scale. Share materials securely with link expiry and access controls.

6. Prime Movers Lab

Where they help: Company-building around breakthrough science; tight technical support.

Stage/geo: Pre-seed/seed → A; US/EU.

Why now: Raised $245M third early-stage fund (latest disclosed) and continues portfolio expansion. (PR Newswire)

How to approach: Emphasize scientific breakthrough with clear commercialization path. Organize research documentation with AI-powered organization.

7. The Engine (MIT)

Where they help: Labs, pilots, permitting, FOAK/NOAK planning within a Boston-centered ecosystem.

Stage/geo: Pre-seed → B; US (global applicants).

Why now: 2025 Tough Tech Summit spotlighted investable themes founders can align to.

How to approach: Show lab-to-scale pathway with pilot data. Track investor engagement with your technical milestones using analytics.

8. Breakthrough Energy Ventures (BEV)

Where they help: Rigorous science diligence; corporate/airline coalitions; project credibility.

Stage/geo: Early → growth; global.

Why now: Co-launched oneworld SAF innovation fund with BEV as investment manager (Sep/Oct 2025).

How to approach: Show impact quantification (emissions abatement) and credible scale-up plan. Present LCAs clearly in your investor data room.

9. SOSV (HAX & IndieBio)

Where they help: Labs, DFM, early customers; massive investor network via demo days + Climate Tech Summit.

Stage/geo: Pre-seed/seed; US/EU/Asia.

Why now: 2025 climate summit + HAX expansion (Newark/Princeton plasma initiatives) show active deployment and capacity.

How to approach: Show prototype progress and manufacturing readiness. Protect IP with screenshot protection and dynamic watermarks.

10. IQ Capital (UK/EU)

Where they help: EU commercialization, IP-rich companies, sovereign resilience angles.

Stage/geo: Seed/A + growth; UK/EU.

Why now: $400M across venture + growth vehicles backing EU deep tech (fund family close).

How to approach: Emphasize IP strength and EU market fit. Organize regulatory documentation clearly with proper data room structure.

11. Amadeus Capital Partners (EU)

Where they help: European enterprise/government GTM; security/AI; patient scale-up.

Stage/geo: Early → growth; EU with US links.

Why now: Led Pimloc's $5M (Jul 2025) to scale privacy-first AI video.

How to approach: Show enterprise/government traction and security compliance. Use custom branding to present professional image.

12. Seraphim Space

Where they help: Dual-use/defense pathways, ESA/NASA links, market data (Space Index).

Stage/geo: Seed → growth; global.

Why now: Q3 2025 space investment hit a record ~$3.5B per Seraphim's index—deal flow is real.

How to approach: Show dual-use potential and government/commercial pathways. Track engagement with your technical documentation using page-level analytics.

13. In-Q-Tel (IQT)

Where they help: Mission fit, early pilots with USG/IC, validation for dual-use plans.

Stage/geo: Seed/early growth; US focus with allies.

Why now: Invested in Starcloud (orbital data centers) in 2025—clear signal IQT is active on space/compute.

How to approach: Emphasize national security applications and dual-use potential. Protect sensitive materials with password protection and NDA gating.

14. Toyota Ventures (Frontier Fund)

Where they help: OEM/industrial intros, manufacturing and safety culture, global supplier access.

Stage/geo: Pre-seed/seed → A; global.

Why now: Frontier Fund II added $300M (Apr 2024) and continued 2025 activity across frontier + climate.

How to approach: Show manufacturing readiness and OEM partnerships. Present supply chain documentation clearly in your data room.

15. Flagship Pioneering

Where they help: In-house R&D, company formation, BD with pharma/strategics.

Stage/geo: Venture-creation → growth; US/EU.

Why now: Raised $3.6B (2024) to create ~25 newcos; continued deployment in 2025 with AI-enabled biology.

How to approach: Show platform potential and strategic partnership opportunities. Organize research and IP documentation with professional structure.

Five Quick Tips for Pitching Deep-Tech Investors (2025 Edition)

1. Put Your Cost Curve on Slide 1

Today's cost vs. Series-next cost, with learning-rate assumptions and the engineering that gets you there. If it's energy/materials, add LCA and drop-in compatibility.

Organize financial models clearly in your data room with proper structure.

2. Pilot Like a Product

Name the site host, success criteria, uptime/reliability targets, and the step from FOAK → NOAK. Investors reward pilots built for repeatability.

Track which investors review your pilot data most with page-level analytics.

3. Show Supply-Chain Realism

Who supplies critical inputs? What's the QA/QC plan? What's your alternative vendor stack?

Present supply chain documentation clearly with professional formatting and protect sensitive information with watermarks.

4. Align with Current Narratives

If you're space/dual-use, reference 2025 spending tailwinds; if you're compute/semis, tie into the infra super-cycle; if you're climate/industrial, show grid/utility or OEM pull. (Reuters)

5. Ask for the Right Help

Be explicit: "We need X utility pilots," "Y wafer runs," or "Z DOD pathway." It makes partners useful on day one.

Share materials securely with link expiry and revoke access capabilities to control who sees what.

Final Word

Deep tech fundraising requires technical depth, credible milestones, and the right investor match. The investors above are actively deploying capital, but they're also sophisticated—they want to see engineering progress, unit economics, and clear pathways to scale.

Your data room is often the first impression investors get of your technical sophistication. Organize your documentation clearly with AI-powered organization, track engagement to identify interested investors with page-level analytics, and protect your sensitive IP throughout the process.

You're building technology that matters. Find the right investor fit, present your story clearly, and execute with discipline. You've got this.

Impress Investors

15 Top Deep Tech Investors for 2025: AI, Quantum, Robotics & Advanced Materials VCs