The Future of Physical AI and Robotics

In this episode,

talks with

to unpack the thesis behind

, a fund purpose-built to back industrial deep tech founders emerging from Europe’s labs and institutes.Sebastian explores why Europe's frontier innovation requires new LP-GP dynamics, portfolio construction models, and national ambition—and how family offices and sovereign industrial strategy can unlock a generational leap in European deep tech leadership.

Here’s what’s covered:

• 02:30 Why Industrial Deep Tech Needs Purpose-Built Capital
• 06:45 Founders from Labs, Not MBAs: Rethinking Team Archetypes
• 10:10 Case Study: Proxima Fusion & Max Planck’s World-Leading Design
• 13:55 Balancing Moonshots and Pick-and-Shovel Businesses
• 18:20 Family Offices & Mittelstand: Europe’s Strategic LP Base
• 22:40 What It Means to Truly Love Your LPs
• 26:30 The New Portfolio Construction for Deep Tech VC
• 36:10 Why Capital Efficiency Still Matters in Deep Tech
• 40:25 Strategic Sovereignty & the Role of the West in Frontier Tech