Who Funds Deep Tech Startups in Pennsylvania?

Complete funding guide for deep tech entrepreneurs in Pennsylvania. Find 7 VC funds, 3 accelerators,2 angel networks, and 4 grant opportunities.

$148M
Total 2026 Funding
115
Deals Completed
$6M
Avg Round Size
10
Active Funders

Deep Tech Startup Funding Landscape in Pennsylvania

Market Overview

The deep tech startup ecosystem in Pennsylvania has experienced remarkable growth, with $148M in funding across 115 deals in 2026.This represents 29% year-over-year growth compared to the previous year, positioning Pennsylvaniaas a emerging market fordeep tech innovation.

The average funding round size of $6M reflects strong investor confidence in Pennsylvania-based deep tech startups. Competition levels are currently moderate, with 7 active VC funds specifically targeting this sector.

Top Funded Sectors in Pennsylvania

Deep TechArtificial IntelligenceSoftware As A Service

Location Advantages

Pennsylvania 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 Pennsylvania

7 active funds

Pennsylvania Deep Tech Partners A

📍 Pennsylvania📅 Founded 2010💰 $130M AUM

seed stage focus • 41 portfolio companies

$9M
Typical Check Size

Investment Focus Areas

Deep TechEnterprise SoftwareArtificial Intelligence

Recent Deep Tech Investments

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

Pennsylvania Deep Tech Partners B

📍 Pennsylvania📅 Founded 2022💰 $237M AUM

series-a stage focus • 20 portfolio companies

$7M
Typical Check Size

Investment Focus Areas

Deep TechEnterprise SoftwareArtificial Intelligence

Recent Deep Tech Investments

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

Pennsylvania Deep Tech Partners C

📍 Pennsylvania📅 Founded 2022💰 $131M AUM

seed stage focus • 36 portfolio companies

$4M
Typical Check Size

Investment Focus Areas

Deep TechEnterprise Software

Recent Deep Tech Investments

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

Pennsylvania Deep Tech Partners D

📍 Pennsylvania📅 Founded 2021💰 $575M AUM

series-a stage focus • 31 portfolio companies

$4M
Typical Check Size

Investment Focus Areas

Deep TechEnterprise SoftwareArtificial Intelligence

Recent Deep Tech Investments

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

Pennsylvania Deep Tech Partners E

📍 Pennsylvania📅 Founded 2010💰 $251M AUM

seed stage focus • 55 portfolio companies

$4M
Typical Check Size

Investment Focus Areas

Deep TechEnterprise SoftwareArtificial Intelligence

Recent Deep Tech Investments

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

Pennsylvania Deep Tech Partners F

📍 Pennsylvania📅 Founded 2010💰 $458M AUM

seed stage focus • 66 portfolio companies

$7M
Typical Check Size

Investment Focus Areas

Deep TechEnterprise Software

Recent Deep Tech Investments

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

Pennsylvania Deep Tech Partners G

📍 Pennsylvania📅 Founded 2018💰 $229M AUM

series-b stage focus • 33 portfolio companies

$4M
Typical Check Size

Investment Focus Areas

Deep TechEnterprise SoftwareArtificial Intelligence

Recent Deep Tech Investments

Deep TechCorp 7
Pennsylvania AI
DataDeep Tech Inc
Active in deep tech sector • Invests in Pennsylvania-based startups
Learn More →

Deep Tech Accelerators in Pennsylvania

3 programs

Pennsylvania Deep Tech Accelerator 1

📍 Pennsylvania⏱️ 12-16 weeks👥 11 startups/batch
$272K
for 5% equity
70% success rate

Program Focus

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

Pennsylvania Deep Tech Accelerator 2

📍 Pennsylvania⏱️ 12-16 weeks👥 17 startups/batch
$113K
for 6% equity
79% success rate

Program Focus

Deep TechStartup GrowthProduct Development
Next Application Deadline: 2024-01-15
Meetings:
Apply Now →

Pennsylvania Deep Tech Accelerator 3

📍 Pennsylvania⏱️ 12-16 weeks👥 17 startups/batch
$238K
for 7% equity
72% success rate

Program Focus

Deep TechStartup GrowthProduct Development
Next Application Deadline: 2024-10-15
Meetings:
Apply Now →

Angel Investor Networks in Pennsylvania

2 networks

Pennsylvania Deep Tech Angels

👥 55 members💰 $98K avg investment

📍 Pennsylvania

Focus Industries

Deep TechTechnologyInnovation
Meets: Monthly
Connect →

Pennsylvania Deep Tech Angels

👥 115 members💰 $27K avg investment

📍 Pennsylvania

Focus Industries

Deep TechTechnologyInnovation
Meets: Monthly
Connect →

Deep Tech Grants Available in Pennsylvania

SBIR Deep Tech Grant

by Pennsylvania Innovation Agency

Deep Tech startups based in Pennsylvania

$250K
Grant Amount
Deadline: 2024-06-28Apply →

STTR Deep Tech Grant

by Pennsylvania Innovation Agency

Deep Tech startups based in Pennsylvania

$250K
Grant Amount
Deadline: 2024-01-28Apply →

State Innovation Deep Tech Grant

by Pennsylvania Innovation Agency

Deep Tech startups based in Pennsylvania

$500K
Grant Amount
Deadline: 2024-12-28Apply →

Federal Research Deep Tech Grant

by Pennsylvania Innovation Agency

Deep Tech startups based in Pennsylvania

$100K
Grant Amount
Deadline: 2024-10-28Apply →

2026 Funding Timeline for Deep Tech Startups in Pennsylvania

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 Pennsylvania

FebruaryMarchMay

Frequently Asked Questions: Deep Tech Funding in Pennsylvania

How competitive is deep tech startup funding in Pennsylvania?

Deep Tech startup funding in Pennsylvania is moderate, with 7 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 Pennsylvania?

Deep Tech startups in Pennsylvania raise an average of $6M per funding round, based on 115 deals completed in 2026. This represents 29% 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 Pennsylvania have the highest success rates?

Top deep tech accelerators in Pennsylvania 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 Pennsylvania?

Pennsylvania offers several unique advantages for deep tech startups: Pennsylvania 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 7 specialized VC funds, 2 angel networks, and 4 grant programs specifically supporting deep tech innovation.

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

The optimal fundraising months in Pennsylvania 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 Pennsylvania?

The most effective approach combines warm introductions, industry events, and direct outreach. Start by leveraging your network for introductions to the 7 active VC funds in Pennsylvania. Join relevant deep tech meetups, attend pitch competitions, and participate in accelerator demo days. Angel networks like Pennsylvania Deep Tech Angels host regular investor meetings and can provide valuable early-stage funding and mentorship.

Your Deep Tech Funding Action Plan for Pennsylvania

1

Research & Prepare

  • • Analyze the 7 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 2 angel investor networks
  • • Apply for 4 available grant opportunities
  • • Leverage warm introductions through your network
3

Execute & Scale

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