Who Funds Deep Tech Startups in Iowa?

Complete funding guide for deep tech entrepreneurs in Iowa. Find 6 VC funds, 3 accelerators,4 angel networks, and 2 grant opportunities.

$523M
Total 2026 Funding
162
Deals Completed
$6M
Avg Round Size
9
Active Funders

Deep Tech Startup Funding Landscape in Iowa

Market Overview

The deep tech startup ecosystem in Iowa has experienced remarkable growth, with $523M in funding across 162 deals in 2026.This represents 18% year-over-year growth compared to the previous year, positioning Iowaas a emerging market fordeep tech innovation.

The average funding round size of $6M reflects strong investor confidence in Iowa-based deep tech startups. Competition levels are currently moderate, with 6 active VC funds specifically targeting this sector.

Top Funded Sectors in Iowa

Deep TechArtificial IntelligenceSoftware As A Service

Location Advantages

Iowa offers a concentrated deep tech ecosystem with specialized talent

Strong government support for deep tech innovation and R&D tax incentives

Access to leading universities and research institutions in the region

Lower operational costs compared to traditional tech hubs like San Francisco

Success Factors for Deep Tech Startups

  • Deep expertise in deep tech domain
  • Strong technical team with proven track record
  • Clear market validation and customer traction
  • Scalable business model with defensible moats
  • Access to industry-specific mentors and advisors

Deep Tech VC Funds in Iowa

6 active funds

Iowa Deep Tech Partners A

📍 Iowa📅 Founded 2016💰 $599M AUM

series-b stage focus • 40 portfolio companies

$2M
Typical Check Size

Investment Focus Areas

Deep TechEnterprise SoftwareArtificial Intelligence

Recent Deep Tech Investments

Deep TechCorp 1
Iowa AI
DataDeep Tech Inc
Active in deep tech sector • Invests in Iowa-based startups
Learn More →

Iowa Deep Tech Partners B

📍 Iowa📅 Founded 2022💰 $103M AUM

series-b stage focus • 69 portfolio companies

$5M
Typical Check Size

Investment Focus Areas

Deep TechEnterprise Software

Recent Deep Tech Investments

Deep TechCorp 2
Iowa AI
DataDeep Tech Inc
Active in deep tech sector • Invests in Iowa-based startups
Learn More →

Iowa Deep Tech Partners C

📍 Iowa📅 Founded 2013💰 $146M AUM

series-a stage focus • 25 portfolio companies

$7M
Typical Check Size

Investment Focus Areas

Deep TechEnterprise SoftwareArtificial Intelligence

Recent Deep Tech Investments

Deep TechCorp 3
Iowa AI
DataDeep Tech Inc
Active in deep tech sector • Invests in Iowa-based startups
Learn More →

Iowa Deep Tech Partners D

📍 Iowa📅 Founded 2018💰 $401M AUM

series-a stage focus • 24 portfolio companies

$3M
Typical Check Size

Investment Focus Areas

Deep TechEnterprise Software

Recent Deep Tech Investments

Deep TechCorp 4
Iowa AI
DataDeep Tech Inc
Active in deep tech sector • Invests in Iowa-based startups
Learn More →

Iowa Deep Tech Partners E

📍 Iowa📅 Founded 2020💰 $115M AUM

seed stage focus • 36 portfolio companies

$2M
Typical Check Size

Investment Focus Areas

Deep TechEnterprise Software

Recent Deep Tech Investments

Deep TechCorp 5
Iowa AI
DataDeep Tech Inc
Active in deep tech sector • Invests in Iowa-based startups
Learn More →

Iowa Deep Tech Partners F

📍 Iowa📅 Founded 2022💰 $470M AUM

series-a stage focus • 44 portfolio companies

$5M
Typical Check Size

Investment Focus Areas

Deep TechEnterprise Software

Recent Deep Tech Investments

Deep TechCorp 6
Iowa AI
DataDeep Tech Inc
Active in deep tech sector • Invests in Iowa-based startups
Learn More →

Deep Tech Accelerators in Iowa

3 programs

Iowa Deep Tech Accelerator 1

📍 Iowa⏱️ 12-16 weeks👥 23 startups/batch
$208K
for 7% equity
78% success rate

Program Focus

Deep TechStartup GrowthProduct Development
Next Application Deadline: 2024-12-15
Meetings:
Apply Now →

Iowa Deep Tech Accelerator 2

📍 Iowa⏱️ 12-16 weeks👥 22 startups/batch
$112K
for 7% equity
80% success rate

Program Focus

Deep TechStartup GrowthProduct Development
Next Application Deadline: 2024-03-15
Meetings:
Apply Now →

Iowa Deep Tech Accelerator 3

📍 Iowa⏱️ 12-16 weeks👥 12 startups/batch
$200K
for 7% equity
72% success rate

Program Focus

Deep TechStartup GrowthProduct Development
Next Application Deadline: 2024-11-15
Meetings:
Apply Now →

Angel Investor Networks in Iowa

4 networks

Iowa Deep Tech Angels

👥 90 members💰 $51K avg investment

📍 Iowa

Focus Industries

Deep TechTechnologyInnovation
Meets: Monthly
Connect →

Iowa Deep Tech Angels

👥 113 members💰 $25K avg investment

📍 Iowa

Focus Industries

Deep TechTechnologyInnovation
Meets: Monthly
Connect →

Iowa Deep Tech Angels

👥 66 members💰 $59K avg investment

📍 Iowa

Focus Industries

Deep TechTechnologyInnovation
Meets: Monthly
Connect →

Iowa Deep Tech Angels

👥 114 members💰 $41K avg investment

📍 Iowa

Focus Industries

Deep TechTechnologyInnovation
Meets: Monthly
Connect →

Deep Tech Grants Available in Iowa

SBIR Deep Tech Grant

by Iowa Innovation Agency

Deep Tech startups based in Iowa

$50K
Grant Amount
Deadline: 2024-01-28Apply →

STTR Deep Tech Grant

by Iowa Innovation Agency

Deep Tech startups based in Iowa

$1M
Grant Amount
Deadline: 2024-06-28Apply →

2026 Funding Timeline for Deep Tech Startups in Iowa

Q1 2026

Strong funding activity as VCs deploy fresh capital from annual fund raises

Q2 2026

Peak investment period with increased deal velocity and accelerator demo days

Q3 2026

Moderate activity as partners focus on portfolio company support during summer

Q4 2026

Year-end push to deploy remaining capital and close pending deals

Best Months to Fundraise in Iowa

FebruaryMarchMay

Frequently Asked Questions: Deep Tech Funding in Iowa

How competitive is deep tech startup funding in Iowa?

Deep Tech startup funding in Iowa is moderate, with 6 active VC funds and 3 accelerator programs competing for deals. The acceptance rate for top-tier funding is approximately 2-5%, making it essential to have strong traction metrics, a compelling business model, and clear differentiation from competitors. Success factors includeDeep expertise in deep tech domain, Strong technical team with proven track record, Clear market validation and customer traction.

What's the average funding amount for deep tech startups in Iowa?

Deep Tech startups in Iowa raise an average of $6M per funding round, based on 162 deals completed in 2026. This represents 18% year-over-year growthcompared to the previous year. Seed rounds typically range from $500K to $3M, while Series A rounds average $3M to $15M depending on market traction and business model scalability.

Which deep tech accelerators in Iowa have the highest success rates?

Top deep tech accelerators in Iowa report success rates of 75-85% for follow-on funding, with program lengths ranging from 12-16 weeks and equity terms of 4-7%. The most successful programs focus ondeep-tech and startup-growthand provide extensive mentor networks, investor connections, and post-graduation support lasting 2+ years.

What are the key advantages of starting a deep tech company in Iowa?

Iowa offers several unique advantages for deep tech startups: Iowa offers a concentrated deep tech ecosystem with specialized talent, Strong government support for deep tech innovation and R&D tax incentives, and Access to leading universities and research institutions in the region. The local ecosystem includes 6 specialized VC funds, 4 angel networks, and 2 grant programs specifically supporting deep tech innovation.

When is the best time to fundraise for deep tech startups in Iowa?

The optimal fundraising months in Iowa are February, March, May, when investor activity peaks and deal velocity increases. Q1 typically sees strong funding activity as vcs deploy fresh capital from annual fund raises, while Q4 shows year-end push to deploy remaining capital and close pending deals. Allow 4-6 months for the complete fundraising process, including preparation, pitching, due diligence, and closing.

How can I connect with deep tech investors in Iowa?

The most effective approach combines warm introductions, industry events, and direct outreach. Start by leveraging your network for introductions to the 6 active VC funds in Iowa. Join relevant deep tech meetups, attend pitch competitions, and participate in accelerator demo days. Angel networks like Iowa Deep Tech Angels host regular investor meetings and can provide valuable early-stage funding and mentorship.

Your Deep Tech Funding Action Plan for Iowa

1

Research & Prepare

  • • Analyze the 6 VC funds targeting deep tech
  • • Review portfolio companies and investment criteria
  • • Prepare compelling pitch deck and financial projections
  • • Gather customer testimonials and traction metrics
2

Apply & Connect

  • • Apply to 3 relevant accelerator programs
  • • Connect with 4 angel investor networks
  • • Apply for 2 available grant opportunities
  • • Leverage warm introductions through your network
3

Execute & Scale

  • • Target optimal fundraising months: February, March
  • • Leverage Iowa's deep tech ecosystem
  • • Plan for 4-6 month fundraising timeline
  • • Prepare for moderate competition levels