Read Time: 6 minutes Share At BDC Capital, we have been witnessing the dawning of a new industry, the rise of deep tech. Deep technologies are novel advances in fields such as quantum information sciences, foundational AI, photonics and electronics that are influencing every industry and attracting an ever-growing share of VC investments around the world. Because of the cutting-edge nature of these technologies, they require significant R&D investment to develop practical business or consumer applications. Quantum technologies, for example, are a new generation of optical and electronic devices that use quantum effects to significantly enhance performance over that of existing, classical technologies. Companies such as Xanadu and 1Qbit are two examples of Canadian quantum computing businesses at the forefront of quantum developments.