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Deep-Tech Talent War Escalates Between Europe and North America

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New Zeki Data Report Breaks Down Competition Within the Deep-Tech Ecosystem

LONDON, Sept. 24, 2024 /CNW/ — A new global report on deep-tech talent published by Zeki Data today reveals the US generates three times as many deep-tech companies as the UK, while small European startups have a much higher concentration of advanced-skilled talent than in North America.

The Deep-Tech Talent War: Europe vs. North America Showdown 2024 Report unravels the underlying trends in deep-tech between Europe and North America using talent as the lens. The report shows the dramatic slowing of new deep-tech companies since 2020.

Zeki Data, a UK-based deep-tech data company that scores the future potential of deep-tech companies to guide investment and talent acquisition, reveals in the report that countries are waking up to the need to attract and retain talent as a key to building sovereign capabilities in transformational technologies that will underpin the next phase of national prosperity and security.

“There is intense competition for the finite science and engineering talent that deep-tech companies need to advance their innovation ambitions,” said Tom Hurd, Zeki Data CEO and Co-Founder. “Governments are throwing money at deep-tech start-ups to secure an innovative advantage, but Zeki’s data shows there’s limited ROI amid countervailing winds of high capital costs and market consolidation.”

“Attracting and retaining the most innovative talent is the best indicator of future innovation potential for deep-tech companies,” Hurd added. “This should be the priority for countries and companies alike.”

The Deep Tech Talent War report focuses on the less studied evolution of the 6,100+ most important European and North American deep-tech companies and the strategic implications of their race to master new technologies. Zeki looked at the 8,795,902 people that the companies employ globally, particularly the 227,948 individuals with highly advanced skills.

KEY ZEKI DATA REPORT FINDINGS

1.  Government Investment Fails to Spur Startup Growth: New deep-tech company formation has slowed dramatically since 2020 in Europe and North America. Countries have made major financial investments to drive a greater pace of deep-tech innovation to no end. Countervailing winds of high capital costs and market consolidation have dampened the effect of government industrial policies.

2.  Magnificent 7 Prioritize Low-Cost Hires: Market consolidation driven by GenAI is driving dramatic hiring shifts across Amazon, Apple, Google, Meta, Microsoft, Nvidia, and Tesla. Deep-tech companies are favoring early-career, lower cost hires, and cutting higher-cost experience.

3.  American Startups Scale 2x Faster than European: Deep-tech startups in the United States are scaling twice as fast as European counterparts.

4.  Engineering Biology Companies Struggle to Scale: Engineering biology companies remain attractive acquisition targets as they struggle to grow to medium and large-sized businesses.

5.  Battery Technology has Imploded: Preceded by a green energy talent exodus that began in 2019, renewable energy has fallen out of favor with talent as demonstrated by hires rapidly exiting the sector since 2022.

6.  Software Engineering is All the Rage: Semiconductor, aerospace, and defence companies are battling it out for top software engineering talent, while much of the cybersecurity sector appears to be prioritizing sales over software talent.

7.  Chinese Talent Exits the West: At the country-level, the exodus of Chinese deep tech talent from Western companies is accelerating. China has firmly established itself as the destination of choice for Chinese talent leaving European and North American deep-tech companies.

The full report is available for free download at zekidata.com/talentwar  

About Zeki Data

Zeki Data is a UK-based deep-tech data company that scores the future potential of deep-tech companies to guide investment and talent acquisition. Zeki’s data includes over ten million leading scientists, engineers, and researchers specialising in cutting-edge fields such as AI, quantum computing, data engineering, semiconductors, and health technology. Organisations leverage Zeki data to optimise their talent acquisition processes and innovation pipelines—and unlock new, quantitative insights about the quality, momentum and future direction of innovation at individual companies.

We’ve developed 20 bespoke indicators to assess each expert, detailing their areas of expertise and evaluating their professional impact, technical proficiency, career trajectory, ambition, reputation, and future potential. Our client base spans investors, corporate strategists, HR teams, and government bodies, all leveraging Zeki insights to stay ahead in the evolving tech landscape.

Learn more at www.zekidata.com 

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REVIVER® Joins Forces with ROADMEDIC® and SENSAGRATE in LiDAR Saving Lives Public Safety Coalition’s 9-1-1 Dispatcher Visibility Demonstration Project

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REVIVER® Aims to Play a Key Role in Improving Post-Crash Care Through the USDOT’s (FY)2025 Safe Streets and Roads for All (SS4A) Grant Program with over 50,000 Digital License Plates on the Road Today

GRANITE BAY, Calif., Sept. 24, 2024 /PRNewswire/ — REVIVER®, the pioneering manufacturer of the first and only legal digital license plate in the world (the RPLATE®), is proud to announce its participation as a founding company in the LiDAR Saving Lives Public Safety Coalition’s (LSL) groundbreaking 9-1-1 Dispatcher Visibility Demonstration Project. This vital initiative aims to improve post-crash care by leveraging advanced technology integrated into the REVIVER® platform to provide real-time visual context to 9-1-1 dispatchers and first responders. The project aims to play a key role in USDOT’s (FY)2025 Safe Streets and Roads for All (SS4A) Grant Program. With over 50,000 RPLATES installed on vehicles in California and Arizona today, REVIVER® has a proven platform to demonstrate and quickly broaden adoption of connected vehicle safety initiatives.

REVIVER® Joins Forces with ROADMEDIC® and SENSAGRATE in LiDAR Saving Lives Public Safety Coalition

In collaboration with ROADMEDIC®, a leader in automotive emergency communication systems, and SENSAGRATE, a provider of intelligent visual sensor technology, REVIVER® will become the gateway to democratizing vehicle safety for virtually all year, make, and model vehicles by integrating real-time data transmission and visual context into the Next Generation 911 (NG911) system via the REVIVER® RPLATE® platform. This integration will enable 9-1-1 dispatchers to receive critical information, including images and videos, from motorists in roadside emergencies. This enhanced situational awareness will significantly improve the accuracy and speed of emergency responses, improving incident victim outcomes and ultimately saving lives.

“REVIVER’s goal is to utilize digital license plates to modernize vehicle registration compliance and to leverage developing technologies to help save lives,” said Neville Boston, Founder and Chief Strategy Officer of REVIVER®. “By combining REVIVER’s RPLATE digital license plate technology and companion APP with the expertise of ROADMEDIC® and SENSAGRATE, we are realizing our vision. REVIVER will be setting a new standard for emergency response via direct vehicle connectivity. Our involvement in the LiDAR Saving Lives Public Safety Coalition’s 9-1-1 Dispatcher Visibility Demonstration Project reflects our commitment to advancing safety on our roads and enhancing post-crash care.”

The 9-1-1 Dispatcher Visibility Demonstration Project will showcase the world’s first end-to-end, real-time infrastructure-to-everything (I2X) communication system. This system integrates collision detection, IP-based 9-1-1 data transmission, and real-time visual context, providing first responders with unprecedented insight into roadside emergencies. The project is set to play a pivotal role in the evolution of NG911, making emergency services more effective and responsive to the needs of motorists. Additional connected safety collaborations are expected to be announced shortly that will include solutions to increase driver awareness of local first-responder activities to reduce the occurrence of secondary incidents.

As part of REVIVER®’s ongoing commitment to safety innovation, REVIVER® will participate in the panel session entitled “911’s Role in the Connected Safe System Approach” at the upcoming COVESA All Member Meeting, taking place September 25-26, 2024, in Novi, Michigan. This session will bring together industry leaders to discuss the critical role of 9-1-1 in the evolving connected vehicle ecosystem, with a focus on improving post-crash care through advanced technology and cross-industry collaboration.

The COVESA All Member Meeting is a key event for the connected vehicle community, offering a platform for collaboration and innovation. REVIVER®’s participation underscores their leadership in driving the adoption of NG911 and enhancing the role of connected technology in public safety.

About REVIVER®: REVIVER® is the creator of the world’s first digital license plate platform, revolutionizing the way people interact with their vehicles. The REVIVER® RPLATE® and companion app offer unprecedented convenience, personalization, and safety features, transforming the license plate into a connected vehicle platform. REVIVER® is committed to leveraging technology to improve vehicle safety and support the transition to a connected, digital automotive ecosystem. www.reviver.com

About ROADMEDIC®: ROADMEDIC®, an authorized automotive OEM tier 1 supplier, is an automotive 9-1-1 software company dedicated to improving emergency response through instantaneous IP-based data transmission from motor vehicles to 9-1-1 centers. Their innovative solutions enhance the speed and accuracy of emergency responses, saving lives and reducing harm in the event of a crash. www.roadmedic.com

About SENSAGRATE: SENSAGRATE provides advanced intelligent visual sensor technology designed to improve road safety by integrating real-time data with vehicle and infrastructure systems. Their cutting-edge solutions enable precise collision detection and seamless communication with emergency services, enhancing the effectiveness of post-crash care. www.sensagrate.com

About LiDAR Saving Lives Public Safety Coalition (LSL): The LiDAR Saving Lives Public Safety Coalition is a nonprofit 501(c)(4) organization dedicated to improving public safety through the integration of advanced technology in emergency response systems. LSL collaborates with industry leaders, municipalities, and public safety agencies to enhance post-crash care and reduce roadway fatalities. www.lslcoalition.org

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TURKI ALALSHIKH ANNOUNCES LAUNCH OF AL-HILAL CHANNEL ON DAZN, TO BE SPONSORED BY RIYADH SEASON

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LONDON, Sept. 25, 2024 /PRNewswire/ — Today, in the presence of His Excellency the Chairman of the General Entertainment Authority (GEA), Turki bin Abdulmohsen Alalshikh, DAZN and Al-Hilal Saudi Football Club signed a Memorandum of Understanding (MoU), marking the first step in launching a dedicated global club channel on DAZN, which is to be sponsored by Riyadh Season.

As part of this sponsorship, Riyadh Season will oversee the content and programs broadcasted on the channel, contributing to a unique experience for the club’s fans. In a statement at the signing ceremony, HE Turki Alalshikh explained that this channel will feature exclusive programs and interviews, daily reports on training sessions, behind-the-scenes access to the players’ locker rooms, and will broadcast certain friendly matches. It will also include programs sponsored by Riyadh Season, featuring some of the top stars worldwide.

This partnership is part of a collaboration between three leading entities in the fields of entertainment, media, and sports: Riyadh Season, which supports the channel as the official sponsor; DAZN, the largest broadcaster of football worldwide; and Al-Hilal, the most decorated club in the Saudi Pro League, with numerous league titles and AFC Champions League victories.

This collaboration brings world-class content from Saudi Arabia to fans worldwide and will enhance the club’s presence in the international media landscape. This exclusive channel will be available globally and for free on the DAZN app, offering football fans around the world unparalleled access to one of the most iconic teams in the Middle East.

It will allow fans to follow the matches, along with a wide variety of exclusive content, including interviews with players and coaching staff, as well as behind-the-scenes footage from training sessions and match days. The content will also feature special reports highlighting the club’s history, achievements, and future vision.

The signing took place in London between Al-Hilal Saudi Club, represented by the Chairman of Al-Hilal Company, Mr. Fahad bin Nafel, and DAZN, represented by Kacy Grine, President of DAZN in the Middle East and North Africa.

HE Turki Alalshikh said: “We don’t have specialised channels similar to international club channels, so this is a great opportunity to achieve that, especially with a global partner focused on success. This comes at a time when we have achieved great success in boxing and other events, and I am confident that Al-Hilal’s fanbase subscribing to the platform could reach up to two million people.”

Kacy Grine, President of DAZN in MENA, said: “It is an honour to partner with one of the best clubs in world and bring together three global brands, DAZN, Al Hilal and Riyadh Season.

We look forward to telling fans around the world, the exciting story of a club which continues to make history. With the support of Riyadh Season, this proposition becomes even more remarkable and ambitious, demonstrating the global appeal of Saudi sports and entertainment”.

Through this exciting new venture, fans will be able to follow Al-Hilal’s stellar squad, featuring some of the biggest names in world football. Recent signings have added significant international star power to the team, which already boasted an impressive roster of talent. These footballing icons bring not only their exceptional skill but also a vast global fanbase, making Al-Hilal a focal point for millions of football fans worldwide.

Al-Hilal’s rich legacy of success — both domestically and on the international stage — has seen the club become the most decorated in the Saudi Pro League, with numerous SPL titles and AFC Champions League triumphs.

The intended launch of Al-Hilal channel on DAZN will further cement the club’s status as a global football powerhouse, expand its reach to new audiences and provide existing fans with even more exclusive content and insight into the team’s journey.

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Cyvatar Lands Growth Funding Package from Decathlon Capital Partners

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Revenue-based transaction will fund expansions of the cybersecurity company through an innovative, shareholder-friendly financing structure

IRVINE, Calif., Sept. 24, 2024 /PRNewswire-PRWeb/ — Cyvatar, a cybersecurity platform tailored to serve small-and-mid-size businesses, start-ups, and supply chains, has landed a growth funding package from Decathlon Capital Partners to support its continued expansion. Details of the revenue-based investment package were not disclosed.

Cyvatar will use the capital to continue its investment in platform development and enhance its service delivery capabilities and customer service capacity. The first cybersecurity-as-a-service (CsaaS) provider allows small-and-mid-size businesses to easily implement security measures that will protect them from ransomware and BEC attacks through proven solutions.

Corey White, the Founder and Chief Experience Officer of Cyvatar, said that Cyvatar works continuously to protect businesses from vulnerabilities. “Our work doesn’t stop after we help a business identify security gaps and build and implement a workable strategy,” White said. “What matters most to our team is our clients’ cyber safety, which we work around the clock to maintain.”

Headquartered in Irvine, California, Cyvatar will repay its investment to Decathlon Capital Partners through its future revenues. Cyvatar was not required to give up any control of the company, and no equity or ownership was exchanged for growth capital.

John Borchers, Managing Director of Decathlon Capital Partners, said that Cyvatar’s flexible pricing options make it more sustainable for many businesses. “Having the ability to choose a subscription, similar to streaming service options, makes the idea of having a cybersecurity platform more attractive for many businesses that may otherwise not invest in one,” Borchers said. “We are excited to see what the future has in store for Cyvatar.”

About Cyvatar
Cyvatar is a leading managed cybersecurity-as-a-service provider, empowering small and mid-sized businesses to achieve security success. By integrating innovative technology, expert guidance, and tailored solutions, Cyvatar simplifies cybersecurity with proactive monitoring, automated workflows, and ongoing support. Headquartered in Irvine, CA, Cyvatar is committed to making cybersecurity effortless, effective, and accessible. Learn more at http://www.cyvatar.ai.

About Decathlon Capital Partners
Decathlon Capital Partners provides growth capital for companies seeking alternatives to traditional equity investment. Through the use of highly customized revenue-based financing solutions, Decathlon provides long-term growth capital without the dilution, loss of control and operational overhead that often comes with equity-based funding. With offices in Palo Alto and Park City, Decathlon is the largest revenue-based funding investor in the U.S. and is active across a wide range of sectors. Learn more at http://www.decathloncapital.com.

Media Contact

Cyvatar Press, Cyvatar, 855-520-9966, getoutcomes@cyvatar.ai, https://cyvatar.ai/

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