The Scenarionist - Deep Tech Startups & Venture Capital

The Scenarionist - Deep Tech Startups & Venture Capital

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The Scenarionist - Deep Tech Startups & Venture Capital
The Scenarionist - Deep Tech Startups & Venture Capital
Deep Tech Briefing #18: 🦄 A Newest Cybersecurity Unicorn; 🤖 AI Pilots Pioneering the Skies; 🌊 Floating Wind Farms; ⚛️ Quantum Carbon Nanotube; 🌱 IPO in Carbon Removal
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DeepTech Briefing

Deep Tech Briefing #18: 🦄 A Newest Cybersecurity Unicorn; 🤖 AI Pilots Pioneering the Skies; 🌊 Floating Wind Farms; ⚛️ Quantum Carbon Nanotube; 🌱 IPO in Carbon Removal

An insider’s update on Deep Tech Economy: Your dose of tech innovations, startups, exponential industries, policies, and market moves to stay ahead and capitalize on it.

Giulia Spano, PhD's avatar
Giulia Spano, PhD
Jun 30, 2024
∙ Paid
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The Scenarionist - Deep Tech Startups & Venture Capital
The Scenarionist - Deep Tech Startups & Venture Capital
Deep Tech Briefing #18: 🦄 A Newest Cybersecurity Unicorn; 🤖 AI Pilots Pioneering the Skies; 🌊 Floating Wind Farms; ⚛️ Quantum Carbon Nanotube; 🌱 IPO in Carbon Removal
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Hey there! Welcome to this edition of Deep Tech Briefing, our Sunday column where we break down the week’s top developments in Deep Tech Startups and Venture Capital.

Subscribe for free to get it straight to your inbox every Sunday, and read it whenever you like!


✨ How Can We Help?

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Let’s build the future, together!


In today’s edition

  • Maryland Cybersecurity Startup Officially a Unicorn

  • Autonomous AI Pilots Set to Transform Aviation

  • New Startup Elevates Floating Wind Farm Technology

  • A Spin-off of the École Normale Supérieure in Paris Advances Carbon Nanotube Quantum Processors

  • BluSky Public Offering Accelerates Carbon Capture Tech

✨ For more, see Membership | Partnership | Deep Tech Catalyst


🔸 Maryland-based Cybersecurity Startup Becomes the Newest Cybersecurity Unicorn

In the rapidly evolving digital landscape, small to medium-sized businesses (SMBs) often find themselves at a disadvantage when it comes to cybersecurity. Cybercriminals increasingly exploit this vulnerability, making robust security solutions a critical need. Addressing this gap, Huntress has secured a $150 million Series D funding round led by Kleiner Perkins, Meritech Capital, and Sapphire Ventures, officially becoming the newest cybersecurity unicorn.

Huntress’s rise to unicorn status is marked by technological innovation and market foresight. Their Managed Security Platform integrates Endpoint Detection and Response (EDR), Identity Threat Detection and Response (ITDR), and Security Information and Event Management (SIEM). These technologies collectively provide comprehensive protection against cyber threats, offering real-time detection and response capabilities.

EDR is essential in identifying and mitigating security threats at the endpoint level, offering protection against malware and other malicious activities. ITDR enhances this protection by safeguarding identities, detecting anomalies, and preventing unauthorized access to sensitive information. SIEM consolidates and analyzes security data from various sources, enabling rapid identification and response to potential threats.

Huntress’s platform aims to democratize access to high-quality security tools typically reserved for larger enterprises. This approach not only protects SMBs but also empowers Managed Service Providers (MSPs) that support these businesses. Huntress's impressive 70% year-over-year revenue growth and its trajectory toward $100 million in annual recurring revenue demonstrate strong market validation for its products.

However, the cybersecurity sector faces challenges.

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