The Promus Ventures
DeepTech Growth Index
DeepTech Growth Index Components
DeepTech Sector Revenue and P/E Multiples
Ubiquitous connectivity, automation and analytical capabilities enable a smarter and more efficient built environment, better suited to its users and operators.
Energy & Resources
Energy systems are becoming smarter, distributed and de-carbonized, while automation, efficiency gains and sustainability are impacting all aspects of the resource extraction value chain.
Big data, robotics and AI are revolutionizing drug discovery, diagnostics and medical procedures. Connected devices, wearables, and on-demand healthcare empower consumers to take ownership of their wellbeing.
Automation, novel production methods and new materials allow for manufacturing of ever more complex systems in a more resource efficient and decentralised way.
Mobility & Logistics
New mobility options combined with automation and electrification are making transportation more flexible, cheaper and environmentally friendly.
Space, Aerospace & Defense
Cost of launching payloads and acquiring data is plummeting, unlocking numerous use cases on Earth. Space exploration is gaining traction, with companies building the infrastructure critical to a space economy.
Frequently Asked Questions
How does the index get calculated?Our index is a market cap-weighted index that tracks the performance of the combined DeepTech companies in the index. The Index will be rebalanced quarterly on the second Monday of January, April, July, and October. We do not currently consider dividends in the construction of our DeepTech index.
How does a company get picked for this deeptech index?We recognize that our list is not exhaustive, as there are many companies that drive innovation along multiple axes that we have chosen not to add to our index. Some examples include: - Apple’s manufacturing and AI driving their consumer devices - Alphabet with Waymo & Intrinsic innovating in autonomy and automation - Amazon’s work across automation and robotics - Microsoft/Hololens in AR/XR We believe that including these large market cap public companies would lead to them dominating the index, negating much of the value of being able to understand the performance of the stocks we are including. We also exclude companies with a market capitalization below $500M as we feel these are too small to include.
How often does the data get updated?We refresh the index on a daily basis.
Where does the data come from?We pull data from a number of free and paid sources and use a homebrew Python infrastructure (primarily pandas and plotly) to pull it all together and present the data. Sources used: YCharts, Yahoo Finance, Google Finance
How do I send feedback?Contact us at firstname.lastname@example.org.
Why a DeepTech Growth Index?
From our offices in Chicago, San Francisco, and Luxembourg, Promus Ventures has been fortunate to invest in numerous leading DeepTech startups across the globe for over ten years. We continue to invest initially at early-stage rounds in best-of-breed founders and teams, and some of our 100+ portfolio investments include such innovative companies as Rocket Lab, WHOOP, AngelList, ICEYE, Mapbox, FLYR Labs, Cobalt Robotics, Kensho, Swift Navigation, Gauss Surgical and many more.
In September 2021, we debuted the Promus Ventures New Space Index that tracked and compared the price performance and multiples of new and legacy space companies. In January 2023, we partnered with Euronext, the European Commission and the European Space Agency to publish a space sector stock index focused on Europe. You can track the Euronext Helios Space Index daily here.
As space is only one of six DeepTech subsectors in which Promus Ventures invests, it made sense to build a much larger DeepTech Growth Index. This new DeepTech index compares price, multiple, and growth performance of a group of public companies on US exchanges across all DeepTech sectors.
Our Musings on DeepTech
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The views expressed herein are the authors' alone and do not constitute an offer to sell, or a recommendation to purchase, or a solicitation of an offer to buy, any security, nor a recommendation for any investment product or service.
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