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EUVC

E370 | EUVC | UK VC Fundraising, Corporate Climate Pullback, EU Fragmentation, and Pan-European Startup Entity – hosted by Dan Bowyer

Oct 18, 2024
In this engaging conversation, Mads Jensen, Partner at SuperSeed, shares his expertise on the evolving landscape of European tech and venture capital. He discusses the rising UK VCs amidst global fundraising challenges and highlights the pressing need for collaborative strategies to tackle climate initiatives. The duo also tackles EU fragmentation and its implications for the startup ecosystem, while exploring the delicate balance between innovation in space tech and environmental responsibility. Jensen emphasizes a proactive approach to drive decarbonization and investment.
41:28

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • UK VC fundraising is thriving with over $12 billion expected this year, reflecting resilience in a mixed global landscape.
  • Corporate retreat from climate initiatives is evident, yet investment shifts towards nuclear and battery storage signal a maturation in energy solutions.

Deep dives

UK Venture Capital Trends

UK-based venture capitalists are expected to raise over $12 billion this year, surpassing the previous record of $11.5 billion in 2021. Despite global fundraising figures not recovering to 2019 levels, the UK venture landscape appears resilient, with fewer but larger funds being raised, leading to an average fund size of $170 million. Notably, major funds like Norwest and Arch are primarily focusing on late-stage investments rather than traditional venture backing. This trend suggests that while the UK shines amid a mixed global picture, the venture capital community is arguably moving towards larger, established names, as they typically attract more significant investments.

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