Inside the Swiss Deep Tech Report 2026: Switzerland Out-Invests China and the US in Deep Tech

This story was originally published on HackerNoon at: https://hackernoon.com/inside-the-swiss-deep-tech-report-2026-switzerland-out-invests-china-and-the-us-in-deep-tech. Switzerland sends 63% of its venture capital to deep tech, the highest share worldwide. But foreign funds own 88% of the late-stage cap table. Check more stories related to undefined at: https://hackernoon.com/c/undefined. You can also check exclusive content about #ai-and-ml, #startup, #artificial-intelligence, #switzerland, #robotics, #good-company, #vc-funding, #technology, and more. This story was written by: @ishanpandey. Learn more about this writer by checking @ishanpandey's about page, and for more stories, please visit hackernoon.com. The Swiss Deep Tech Report 2026 ranks Switzerland first in the world for the share of venture capital going to deep tech, at 63%, ahead of China (56%) and the United States (54%). At $1,470 per capita, Switzerland invests more in deep tech per head than any country in Europe, ahead of Sweden ($1,328), and ranks top three worldwide. Annual funding has climbed from $543m in 2015 to a record $2.6B in 2025, the best year on record. AI and machine learning now account for one in four new Swiss deep tech companies, up from roughly one in nine. The blind spot: foreign investors supply 88% of capital at rounds of $100m and above, with US funds alone at 54%. Domestic capital falls from 36% of the smallest rounds to 12% of the largest.