Product operator shaping and shipping products for early-stage startups across AI, PropTech, FinTech, and Deep Tech.
Deep Tech
Bridging Research and Revenue in Deep Tech
Deep tech companies often have world-class R&D and zero go-to-market capability. The gap isn't talent—it's translation. Here's how to bridge it.
December 20257 min read
Dunja Cupar
Product Operator
TL;DR
Deep tech companies often have world-class R&D and zero go-to-market capability
The gap isn't talent—it's translation between technical teams and commercial reality
Product operators bridge this by understanding both the science and the sales motion
Hardware+software solutions need different approaches than pure SaaS
I've worked across AI, PropTech, FinTech, and Deep Tech. Each has its patterns. But deep tech has a unique failure mode: companies with genuinely breakthrough technology that never reach customers. They're not failing because the tech doesn't work. They're failing because nobody can translate what they've built into something customers can buy.
The Research-Revenue Gap
The space where deep tech companies die—brilliant technical capability that never reaches paying customers because no one can translate it into commercial value.
Product Translation
Converting technical features into customer value propositions that sales teams can actually sell—the missing skill in most deep tech organizations.
The Pattern I Keep Seeing
Deep tech companies follow a predictable trajectory:
Phase 1: Technical breakthrough. A team of brilliant engineers or scientists builds something genuinely innovative. Maybe it's a new sensor technology. Maybe it's an AI model that actually works. Maybe it's hardware that nobody else can manufacture.
Phase 2: Grant funding and pilot projects. The technology gets validated. Technical papers get published. Pilot customers confirm the capability. Everything looks promising.
Phase 3: The gap appears. It's time to scale commercially. And suddenly, nothing works. The sales team can't explain the product. Marketing can't differentiate it. Customer success can't support it. The technology that was so clear in the lab becomes incomprehensible in the market.
I saw this at Mireo, where we had genuinely advanced fleet management technology—tracking systems, telematics, real-time positioning—that engineers understood perfectly and customers couldn't grasp at all.
"Portfolio companies die in the gap between brilliant research and revenue. Product operators are the bridge."
Why Technical Founders Struggle
Technical founders often make the same mistake: they assume the technology sells itself.
It doesn't. It never does.
The curse of knowledge hits hard in deep tech. When you've spent years developing something, its value seems obvious. But customers don't have your context. They don't care about the technical elegance. They care about their problems.
I've watched brilliant founders give demos that leave customers more confused than excited. They explain how the technology works instead of what it does for the customer. They use precision when they need clarity.
The gap isn't intelligence—these are often the smartest people I've worked with. The gap is perspective. They're so close to the technology that they can't see it from outside.
What's needed is translation: someone who understands the technology deeply enough to explain it simply, and understands the market deeply enough to know which parts matter.
Hardware+Software Is Different
Pure software companies can iterate fast. Ship something broken, fix it next sprint. The feedback loop is tight.
Deep tech—especially anything with hardware—doesn't work that way.
At NABR, I shipped three 0-to-1 products that combined hardware and software: Virtual 3D Tour (camera systems plus visualization software), Capital Planner (sensor data plus financial modeling), and a SalesOps Platform (physical showrooms plus digital tools).
Each one taught me the same lesson: hardware constraints change everything.
You can't iterate on hardware weekly. Manufacturing has lead times. Physical installations have dependencies. Customer deployments take months, not days. The feedback loop that makes SaaS forgiving doesn't exist.
This means product decisions have to be right earlier. You can't afford to discover product-market fit through rapid iteration—by the time you realize you're wrong, you've already committed to manufacturing.
The solution isn't to avoid hardware. It's to be rigorous about customer discovery before committing to build. Talk to ten times more customers than you think you need. Validate assumptions with pilots before scaling. And design your software layer to be flexible enough to compensate for hardware's rigidity.
What Product Translation Actually Looks Like
Translating deep tech for markets involves specific work:
Feature to outcome mapping. Every technical capability needs a customer outcome attached. "Real-time GPS positioning with 2-meter accuracy" becomes "Always know where your fleet is—no more lost vehicles or missed deliveries." The first is technically accurate; the second is commercially useful.
Complexity hiding. Most customers don't need to understand how your technology works. They need to trust that it works and know what it delivers. At Pangea.ai, we had sophisticated AI matching algorithms. Customers didn't need to understand the models—they needed to understand that they'd get better candidates faster.
Use case prioritization. Deep tech often enables many possible applications. Product translation means picking which ones to focus on first—usually the ones where the value is clearest and the sales cycle is shortest. You can expand later; you need revenue now.
Technical-to-commercial handoffs. Sales teams need materials they can actually use: demo scripts that don't require engineering degrees, competitive positioning that makes sense to customers, and pricing that maps to value delivered rather than complexity built.
"Technical capability isn't commercial value. Translation is the work of making that conversion."
The Role of Product Operators in Deep Tech
Product operators in deep tech need a specific set of capabilities:
Technical fluency without technical depth. You don't need to write the algorithms, but you need to understand their constraints. You need to know which claims are defensible and which are marketing hype. Without this, you can't translate accurately.
Commercial pragmatism. The market doesn't care about your technology roadmap. It cares about its problems. Product operators need to be willing to de-prioritize technically impressive features for commercially important ones.
Bridge-building. In my experience, the hardest part is getting technical teams and commercial teams to respect each other. Engineers often dismiss sales concerns as "not understanding the tech." Sales often dismisses engineering concerns as "perfectionism." Someone needs to sit in the middle and translate both directions.
At Mireo, we grew revenue from €600K to €2.1M ARR by restructuring the business model around customer retention—not by adding technical features. The technology was already excellent. What was missing was the commercial architecture to capture value from it.
Sometimes the most important product work isn't product at all.
Deep tech doesn't fail because the technology isn't good enough. It fails because nobody bridges the gap between what the technology does and what customers need. That translation—from research to revenue—is where product operators add the most value.
Key Takeaways
1Deep tech companies often die in the gap between technical capability and commercial revenue
2The problem isn't talent—it's translation between engineers and the market
3Hardware+software requires more upfront validation because iteration is slower
4Product translation means mapping features to outcomes, hiding complexity, and prioritizing use cases
5Sometimes the most important product work is commercial architecture, not features
FAQ
The feedback loop is slower (hardware constraints, longer deployments), the technical complexity is higher (more to translate), and the path to iteration is harder. You can't ship-and-fix weekly. Decisions need to be right earlier, which means more customer discovery upfront and more rigorous validation before committing to build.
They often underestimate the translation gap. Technical validation (the tech works) doesn't equal commercial validation (customers will buy it). They fund breakthrough technology expecting SaaS-like go-to-market paths, then are surprised when it takes twice as long and costs twice as much to reach revenue.
Longer than SaaS, shorter than most deep tech companies think. The key is starting commercial discovery before the technology is finished. Don't wait until you have a product to start understanding the market. The companies that bridge the gap fastest are talking to customers from day one—even when all they have is a concept.
Dunja Cupar is a product operator who shapes and ships products for early-stage startups. Learn more →