The Scenarionist - Where Deep Tech Meets Capital | Substack

If you back or build Deep Tech — this was built for you!

Advanced Materials

Exits in Advanced Materials Startups | The Scenarionist

3 Case Studies on How Exits Were Strategically Engineered Behind the Scenes.

Nov 26, 2025 • Giulia Spano, PhD

When Markets Derisk, Materials Matter

How to identify the companies with real collateral, sticky demand, and strategic leverage when capital leaves narrative-driven markets.

Nov 4, 2025

The Hidden Alpha in Harsh-Environment Electronics | The Scenarionist

The overlooked “picks and shovels” of space, geothermal, and nuclear systems. The path to outlier returns is simple: survive heat, vibration, and…

Oct 30, 2025 • Giulia Spano, PhD

The Next $100B Deep Tech Market No One Is Talking About | The Scenarionist

Advanced Materials: The Quiet, Strong Revolution Redefining Entire Industries

Sep 13, 2025 • Giulia Spano, PhD

Underwriting Advanced Materials for AI Data Center Cooling | The Scenarionist

An analysis combining five case studies, thermoeconomics, and practical reasoning to navigate risk and build durable advantage

Feb 26

Rumors

Light-Driven Chemicals and the Quiet Revolution of Photon-Chemical Manufacturing | Rumors

Five Startups, One Rumor: New light‑powered reactions aid energy use, efficiency, feedstock risk, and margins in chemical manufacturing.

Nov 20, 2025

The Optical Interconnect Rush: Powering the New AI Network Stack | Rumors

Six Startups, One Rumor. A new generation of photonic technologies is rewiring data‑center networks for the AI era—at light speed and with radical…

Oct 2, 2025

Beyond Silicon, Beneath 4K – The Rise of Cryogenic Compute | Rumors

Five Startups, One Rumor. Startups are harnessing cryogenic electronics and thermodynamics to break scaling limits in AI and quantum — from cold chips…

Jul 31, 2025

Subsurface Imaging-as-a-Platform for Mining 4.0: The Data Arbitrage Play | Rumors

Five startups, one rumor: AI-based Subsurface Intelligence is turning Critical Minerals exploration into SaaS margins—collapsing drill programs, cost…

Jun 26, 2025 • Giulia Spano, PhD

AI-Powered Electronics Labs in the Cloud

Four Startups, One Rumor. A new wave of platforms is virtualizing the electronics lab — from firmware to fabrication

May 29, 2025 • Giulia Spano, PhD

Deep Tech Negotiation Playbook

The Deep Tech Negotiation Playbook: Bonus Appendix

Deep Tech Negotiation Worksheet, Scripts and Templates to handle even the toughest negotiation scenarios.

May 7, 2025 • Giulia Spano, PhD

The Deep Tech Negotiation Playbook | Chapter 4

Welcome to the Real Table.

May 6, 2025 • Giulia Spano, PhD

The Deep Tech Negotiation Playbook | Chapter 3

Master the Fundraising Tug of War Before It Masters You

Apr 3, 2025 • Nicola Marchese, MD and Giulia Spano, PhD

The Deep Tech Negotiation Playbook | Chapter 2

Master the Fundraising Tug of War Before It Masters You

Mar 20, 2025 • Giulia Spano, PhD and Nicola Marchese, MD

The Deep Tech Negotiation Playbook | Chapter 1

Master the Fundraising Tug of War Before It Masters You

Mar 5, 2025 • Giulia Spano, PhD and Nicola Marchese, MD

DeepTech Catalyst

32:01

Advanced Materials Go-to-Market Strategy: Adoption, Capacity, and Deals | Deep Tech Catalyst

Watch now | A chat with Michael Bartholomeusz, Advanced Materials Industry Expert

Mar 6 • Nicola Marchese, MD

24:50

Venturing Into Orbital Data Centers: VC Insights for Deep Tech Startups | Deep Tech Catalyst

Watch now | A chat with Jasper Wigley, Investment Associate at Systemiq Capital

Feb 27 • Nicola Marchese, MD

26:45

Advanced Materials at Venture Scale: Business Models, Pricing, and Margins | Deep Tech Catalyst

Watch now | A chat with Tony Sun, Director of Corporate Venture Capital at GC Ventures

Feb 20 • Nicola Marchese, MD

27:39

Scaling Energy Startups: Customers, Cost Curves, and Exits | Deep Tech Catalyst

Watch now | A chat with Mitch Worden, VP of Corporate Development – Energy at S2G Investments

Feb 12 • Nicola Marchese, MD

28:54

Neuromorphic Computing: Market, Bottlenecks, and Use Cases | Deep Tech Catalyst

Watch now | A chat with Peter Olcott, Principal @ First Spark Ventures

6 mins ago • Nicola Marchese, MD

Podcasts

DeepTech Catalyst

Neuromorphic Computing: Market, Bottlenecks, and Use Cases | Deep Tech Catalyst

Analysis

The Hidden Alpha in Harsh-Environment Electronics | The Scenarionist

The overlooked “picks and shovels” of space, geothermal, and nuclear systems. The path to outlier returns is simple: survive heat, vibration, and…

Oct 30, 2025 • Giulia Spano, PhD

Inflection Index: Urban Mining Enters the “Billion-Dollar Club" | The Scenarionist

Rare-earth recycling is on track for a $1B market by 2030: how moats emerge, red flags to spot, and where the alpha sits.

Oct 23, 2025 • Giulia Spano, PhD

The Next $100B Deep Tech Market No One Is Talking About | The Scenarionist

Advanced Materials: The Quiet, Strong Revolution Redefining Entire Industries

Sep 13, 2025 • Giulia Spano, PhD

Special Editions

Deep Tech Monthly in Review - January 2026 | The Scenarionist

Field notes from last month in Deep Tech startups and private markets — a strategic recap for Builders and Backers.

Feb 7 • Nicola Marchese, MD and Giulia Spano, PhD

Deep Tech Monthly in Review - December 2025

Field notes from last month in Deep Tech startups and private markets — a strategic recap for Builders and Backers.

Jan 7 • Nicola Marchese, MD and Giulia Spano, PhD

Deep Tech Monthly in Review - November 2025

Field notes from last month in Deep Tech startups and private markets — a strategic recap for Builders and Backers.

Dec 5, 2025 • Nicola Marchese, MD and Giulia Spano, PhD

The Scenarionist - Where Deep Tech Meets Capital

The Scenarionist - Where Deep Tech Meets Capital

Practical tools to win with Deep Tech you simply won’t find elsewhere. Where will you be?

The Scenarionist - Where Deep Tech Meets Capital

Practical tools to win with Deep Tech you simply won’t find elsewhere. Where will you be?

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