EUVC

Welcome to a new episode of the EUVC podcast, where our good friends Dan Bowyer from SuperSeed, in discussion with Andrew J. Scott, Founding Partner at 7percent Ventures, and Lomax Ward, General Partner at Outsized Ventures, cover recent news and movements in the European tech landscape 💬

In this episode, Andreas Munk Holm talks with Jim Pulcrano, an entrepreneur turned venture capital educator and professor at IMD Business School. Jim shares how his early startup experience in Switzerland pulled him into the orbit of venture capital back when the ecosystem was still in its infancy. He talks about creating IMD’s VC Asset Management Program, which aims to give LPs a crash course in venture, teaching them both the appeal and the real difficulty of being a GP. It’s a fresh look at how education can bridge the knowledge gap between conservative allocators and the fast-moving world of startups.

Jim also shares what he’s learned running IMD’s startup competition and Swiss scale-up programs. He shares insights from his research into VC behavior, like why less experienced investors are often eager to lead rounds while mid-career ones take a backseat. He explains why experienced GPs tend to source proactively and why most avoid relying too much on HR assessments when evaluating founders.

Chapters:

• 01:38 Jim's Journey into Venture Capital
• 02:42 Creating the VC Asset Management Program
• 03:37 Challenges and Strategies in Educating LPs
• 07:24 Understanding Pension Fund Managers
• 16:40 The IMD Starter Competition
• 18:29 Swiss Startups and Silicon Valley
• 20:04 European vs. US Entrepreneurial Ambitions
• 22:50 Can You Teach Venture Capital?
• 25:38 Recognizing Entrepreneurial Potential
• 26:04 Swiss Scale-Up Program Overview
• 26:32 Challenges in Scaling Up
• 27:16 Leadership in Scaling Companies
• 28:05 Venture-Backed vs. Bootstrapped Startups
• 28:57 Founder-Led Companies and VC Opinions
• 31:41 VCs and Lead Investors
• 36:33 VC Experience and Investment Strategies
• 41:17 Evaluating Founders and Teams
• 46:18 Outbound Sourcing by Experienced VCs

In today’s episode of our CVC series, Andreas Munk Holm and our CVC in-house expert, Jeppe Høier, talk with Ida Christine Brun, Venture Investments and Partnership Director at Maersk Growth. With over 13 years at Maersk under her belt, Ida brings experience from commercial business development and supply chain management to her current role in corporate venturing. She explains how Maersk Growth invests in early-stage startups focused on decarbonizing and digitizing supply chains, using a well-rounded approach that blends equity investments with strategic partnerships.

During the conversation, Ida shares how her team leverages Maersk’s deep logistics expertise to test and validate innovative solutions in real-world settings. She discusses the value of engaging with both internal teams and external VC partners to drive impactful change, emphasizing the importance of addressing current business challenges and paving the way for future growth. By integrating strategic insights with practical pilot projects, Maersk Growth is working to bridge the gap between groundbreaking technology and sustainable, long-term industry transformation.

Go to eu.vc for our core learnings and the full video interview 👀

Chapters:

03:08 Ida's Journey at Maersk
03:38 Transition to Corporate Venturing
04:02 Maersk Growth's Mission and Team
04:26 Corporate Venturing at Maersk Growth
04:54 Investment Focus: Climate Tech and Supply Chain
05:52 Portfolio and Investment Strategy
06:39 Strategic Partnerships and Internal Collaboration
07:05 Challenges in Corporate Venturing
07:30 Engaging with Internal Teams 
09:24 Value Creation for Portfolio Companies
13:56 Decarbonizing Supply Chains
14:14 Investment Strategy and Exciting Startups
17:35 Global Collaboration for Innovation
22:21 Navigating Regulatory Challenges
32:49 Corporate Venturing vs. Corporate Venture Capital
36:59 Collaborating with VCs and Investors

We are excited to introduce you to Seedcamp’s new podcast series, “Path to Market,” where Director Natasha Lytton and co-host Micah Smurthwaite, Partner at Pipeline Ventures, dissect the art and science behind effective go-to-market (GTM) strategies for startups and scale-ups.

Whether you’re a budding entrepreneur grappling with your first sales hires or a seasoned founder looking to refine your GTM approach, this podcast aims to bring you valuable insights from industry experts.

In today’s fast-moving entrepreneurial landscape, mastering the art and science of go-to-market strategies is vital for startups and scale-ups. While companies must drive customers, revenue, and monetization sooner than ever before, founders struggle to find a consolidated resource that distinguishes between various GTM motions. Our podcast aims to fill this gap by providing diverse insights through the lenses of both sales and marketing.

The introductory episode explores essential elements of go-to-market planning, real-world examples of startups overcoming market-entry challenges, and practical advice on avoiding common pitfalls.

In today’s episode, David Cruz e Silva talks with Justinas Milasauskas, an investment manager at Willgrow, a single-family office based in Lithuania. Justinas explains how Willgrow approaches venture investments worldwide, focusing on US and European early-stage managers. He shares the family office’s history, reasons for getting into venture, and how they think about manager selection, covering everything from ticket sizes to fund-of-funds benefits. It’s a great look at how an LP outside the traditional financial hubs can still build a global venture portfolio.

In this conversation, Justinas also reveals the importance of balancing conviction with consistent due diligence, highlighting why his team benchmarks managers against top peers worldwide. He talks about how they stay disciplined by maintaining a structured watchlist, stacking GPs based on strategy fit, and investing across multiple vintages. It’s an honest, behind-the-scenes view of how a first-generation family office grows its exposure to private markets while keeping that entrepreneurial spirit front and center.

Chapters: 

03:02 WillGrow's Investment Strategy and Focus
04:31 The Background and Experience of Justinas
08:39 Building a Convincing Strategy for Sourcing
09:45 The Role of Senior Advisors and Fund of Funds
12:09 The Importance of Diversification and Long-Term Commitment
13:56 Understanding WillGrow's Investment Approach
14:28 Investment Strategy and Risk Profiles
18:10 Active vs Passive Investment Approach
20:54 Biggest Learnings in Venture Investing
22:43 The Importance of Proper Benchmarking
23:53 Diversification Across Funds and Vintages
28:03 The Role of Stack Ranking in Investment Decisions
34:47 Overcoming Barriers to Access in Venture Investing
42:45 The Value of Fund of Funds
43:48 Book Recommendation: Leading by Alex Ferguson

Welcome to a new episode of the EUVC podcast, where our good friends Dan Bowyer and Mads Jensen from SuperSeed discuss with Alex Macdonald, Co-Founder & CEO of sequel, and Lomax Ward, General Partner at Outsized Ventures, to cover recent news and movements in the European tech landscape 💬

Chapters: 
03:54 The Fall of 23andMe
05:37 Challenges in Commercializing Healthcare Data
08:11 Project Europe: A New Venture Initiative
14:51 Addressing Criticisms and Diversity
18:11 The Need for Growth Capital in Europe
28:03 Rachel Reeves' Spring Statement and Economic Outlook
34:17 Navigating Economic Challenges
35:23 Spring Statement and Policy Implications
36:08 AI Corner: OpenAI's New Developments
36:54 Deep Seek's V3 Model and AI Competition
37:53 Google's Gemini and AI Wars
39:00 AI and Copyright Issues
43:08 Scandals in the Tech World
50:08 Brand Power and Soft Power
51:58 US-EU Relations and Defense Implications

In today’s episode of the EUVC podcast, Andreas Munk Holm is joined by Victoria Palatnik, Managing Partner at Raw Ventures, Peter Effenberg, Founder & CEO of Jay, and Severin Zugmayer, Founder of New Renaissance Ventures.

The discussion starts by exploring why consumers are returning to trusted, branded media for quality journalism, even as the digital world bombards us with endless information streams. It also tackles the challenges posed by regulatory frameworks like GDPR, the rapid pace of technological change, and emerging opportunities in areas such as shoppable content and digital twin technology—painting an engaging picture of the media tech future.

Chapters:

01:07 The Rise of Legacy Media
02:41 Victoria's Perspective on Media Tech
03:47 Peter's Journey in Media Tech
05:43 Severin's Focus on Creative Industries
07:32 Mapping Media Tech Hubs in Europe
12:02 The Shift in Media Branding
17:31 Challenges in Monetizing Media Content
19:13 Debate on Legacy Media's Future
28:44 Media Bias in the US vs Europe
29:43 The Role of Journalists in Europe 
31:06 The Impact of Technology on Journalism
31:50 The Rise of Independent News Platforms
32:15 Challenges in Modern Journalism
33:15 The Flourishing Creator Economy
35:27 AI's Role in Media Tech
39:36 Generative AI and Media Production
46:59 Ethical and Legal Considerations in AI
52:24 Future of Media Tech and AI

In today’s episode, Andreas Munk Holm talks with Jonatan Luther-Bergquist from Inflection.xyz, who shares his journey in framing crypto fundamentally as a compute technology and formulating their thesis on sovereign compute back in 2023. Jonatan explains that while the early work in crypto helped lay the groundwork for disruptive technology, he saw a bigger picture emerging - a need for Europe and other regions to improve their digital independence.

In this conversation, Jonatan dives into the three pillars of his sovereign compute thesis: scaling compute capabilities, building resilient systems, and ensuring access to data flows. He illustrates his points with real-world examples, from photonics and semiconductor technologies to communications that can make all the difference in modern defense scenarios. By drawing parallels between evolving technology and the pressing geopolitical challenges, like those seen in Ukraine, Jonatan makes a compelling case for why investing in robust, forward-thinking compute solutions is essential for a secure and prosperous future.

Chapters: 

00:23 The Importance of Compute for Sovereignty
00:38 Key Areas for Improvement in Compute
01:27 Integrating Compute into Daily Life
02:54 The Story of Inflection
04:03 Inflection's Early Focus on Crypto 
05:18 Transition to Sovereign Compute
11:22 Challenges in the Crypto Space
17:22 Understanding Sovereign Compute
21:24 Equipping Compute Resources with Quality Data
22:04 Understanding the Concept of Flow in Compute
22:15 Evaluating Vertical Focus in VC Firms
24:14 The Importance of Quality in Investment Decisions
28:52 Exploring Technologies in Sovereign Compute
29:40 Innovative Compute Solutions: From Semiconductors to Brain Tissue
31:47 The Role of Communication in Modern Warfare
33:48 The Geopolitical Importance of Sovereignty
34:27 Personal and Professional Journey in Defense Tech
41:26 Transitioning from Crypto to Sovereign Compute

In today’s episode, Andreas Munk Holm talks with Ertan Can, the Founding General Partner of Multiple Capital, a venture capital fund based in Luxembourg. Together, they delve into how micro funds work and why they’re becoming an attractive investment option for limited partners.

Ertan discusses the role of manager selection and the benefits of a diversified micro-fund portfolio. He outlines LPs' challenges in sifting through hundreds of emerging funds each year, noting that a disciplined approach is needed to identify the best opportunities. The discussion also touches on the influence of local networks and market niches in sourcing high-quality deals and future trends in venture capital, highlighting how a strategic focus on micro funds may offer more sustainable and robust returns for LPs.

Chapters: 

• 02:15 Importance of Fund Size
• 03:34 Emerging Managers and Small Funds
• 04:56 Performance of Small Funds
• 11:08 Management Fees and Small Funds
• 12:41 Exit Valuations and Small Funds
• 13:31 Summary of the Presentation
• 14:49 Post-Presentation Discussion
• 16:39 Challenges for LPs in Selecting Funds
• 17:43 Optimal Number of Fund Managers
• 19:13 Debate on Micro Funds
• 21:27 Risk Perception in Venture Capital
• 22:34 Alternative Investment Strategies
• 26:37 Geographical and Vertical Specialization
• 27:29 Future of the Venture Market

In today’s episode, Andreas Munk Holm talks with Enis Hulli, General Partner at e2vc, and Akin Babayigit, Co-founder of Tripledot Studios. Akin brings a wealth of experience from his journey across Turkey, the U.S., and the U.K., while Enis provides insights into the evolving ecosystems of Turkey and Eastern Europe. Together, they discuss how mobile gaming has emerged as a massive industry driven by a unique blend of creativity and data analytics and how the sector’s scale and business models differ significantly from traditional console and PC gaming.

In this conversation, Akin and Enis delve into the latest trends reshaping mobile gaming, including the rapid adoption of AI to enhance gameplay and optimize monetization strategies. They also discuss the launch of Arcadia Gaming Advisors, a new $100 million fund designed to drive the next wave of innovation in gaming.

Chapters: 

02:58 How We Met: A Humorous Backstory
04:56 Akin's Life Story: From Turkey to the UK
06:01 Career Path: From Engineering to Gaming
07:46 Tripledot and Gaming Success
09:10 Investing in Gaming: Challenges and Opportunities
12:08 The Misunderstood World of Gaming
17:08 Mobile Gaming: A Unique Business Model
23:08 Gaming Talent in Turkey and Eastern Europe
25:11 Turkey's Unique Conditions for Success
26:11 Gaming vs. E-commerce in Turkey
27:03 Rise of Successful Turkish Gaming Companies
27:35 Shifting Career Aspirations in Turkey
28:18 The Importance of Iteration in Gaming
28:47 Investment Strategies in Gaming
30:50 Europe vs. US: A Venture Capital Perspective
32:16 The Talent and Diversity in Europe
40:14 The Future of Gaming with AI
43:51 Launching a Mobile Gaming Fund