SLSCRW

    Guide · 3 articles

    Venture capital for deeptech: how technical founders raise on their own terms

    Raising capital for a deeptech company when the technology is real but the market is still being proved.

    Deeptech fundraising is a sales process with a different buyer. The investor is not buying your product; they are buying a future in which your technology dominates a market that does not fully exist yet. That means the pitch has to prove the beachhead market, the path from lab to revenue, and the founder's ability to run both the technical and commercial sides.

    Most technical founders lead with the technology and get surprised when investors keep asking about the market. The guides below reverse the order: market first, technology as the reason you win it, and a fundraising process designed for a company that needs capital before revenue.

    Venture capital is not the only path. SLSCRW also helps founders prepare for the raise, and for companies we believe in we can invest part of our own fee. The articles below explain when that makes sense and how to compare the options.

    1. 01Why deeptech VCs ask about the beachhead market before the technologyThe first question a deeptech VC should ask is not how the technology works. It is who will pay for it first. Here is why market focus wins the meeting.
    2. 02How technical founders run a first funding process without a full-time CFOA first fundraising process is a sales campaign with a few dozen buyers. Here is how technical founders run it without getting buried in finance theatre.
    3. 03What a deeptech term sheet actually saysDeeptech term sheets hide commercial assumptions inside legal language. Here is how to read the clauses that matter before you sign.