Phlo is a new platform designed to support deep tech by addressing systemic issues faced by startups in this field.
Challenges in Deep Tech
According to recent studies, 95% of deep tech startups fail to secure funding stages. The key problems include system inefficiencies, misaligned incentives, and outdated approaches that hinder innovation.
Developing Business Strategies
The Phlo platform provides tools for creating economically viable business plans. It includes mechanisms for market analysis, competitive landscape, and customer profiling, enabling entrepreneurs to better prepare their initiatives.
Support at Every Stage
Phlo integrates research and development while also aiding in the quest for funding for startups. The platform uses artificial intelligence to automate processes and enhance the likelihood of successful fundraising for research.
Phlo offers a comprehensive solution for deep tech, focusing on the integration of business development, technology, and funding. In light of existing instabilities in this field, such an approach could play a crucial role in the successful growth of startups.