EUVC

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 Sovereignty00:38 Key Areas for Improvement in Compute01:27 Integrating Compute into Daily Life02:54 The Story of Inflection04:03 Inflection's Early Focus on Crypto 05:18 Transition to Sovereign Compute11:22 Challenges in the Crypto Space17:22 Understanding Sovereign Compute21:24 Equipping Compute Resources with Quality Data22:04 Understanding the Concept of Flow in Compute22:15 Evaluating Vertical Focus in VC Firms24:14 The Importance of Quality in Investment Decisions28:52 Exploring Technologies in Sovereign Compute29:40 Innovative Compute Solutions: From Semiconductors to Brain Tissue31:47 The Role of Communication in Modern Warfare33:48 The Geopolitical Importance of Sovereignty34:27 Personal and Professional Journey in Defense Tech41:26 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 Size03:34 Emerging Managers and Small Funds04:56 Performance of Small Funds11:08 Management Fees and Small Funds12:41 Exit Valuations and Small Funds13:31 Summary of the Presentation14:49 Post-Presentation Discussion16:39 Challenges for LPs in Selecting Funds17:43 Optimal Number of Fund Managers19:13 Debate on Micro Funds21:27 Risk Perception in Venture Capital22:34 Alternative Investment Strategies26:37 Geographical and Vertical Specialization27:29 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 Backstory04:56 Akin's Life Story: From Turkey to the UK06:01 Career Path: From Engineering to Gaming07:46 Tripledot and Gaming Success09:10 Investing in Gaming: Challenges and Opportunities12:08 The Misunderstood World of Gaming17:08 Mobile Gaming: A Unique Business Model23:08 Gaming Talent in Turkey and Eastern Europe25:11 Turkey's Unique Conditions for Success26:11 Gaming vs. E-commerce in Turkey27:03 Rise of Successful Turkish Gaming Companies27:35 Shifting Career Aspirations in Turkey28:18 The Importance of Iteration in Gaming28:47 Investment Strategies in Gaming30:50 Europe vs. US: A Venture Capital Perspective32:16 The Talent and Diversity in Europe40:14 The Future of Gaming with AI43:51 Launching a Mobile Gaming Fund

Claude Ritter and Stefan Walter, co-founders of NAP, share their journey of rebranding from Cavalry and their focus on investing in early-stage startups led by expert founders. Rene Andres, from the European Investment Fund, discusses the crucial intersection of tech and politics in Europe, urging entrepreneurs to engage in political discourse. The trio delves into the evolving dynamics of the European venture ecosystem, highlighting the need for transparency in partnerships and the significance of proprietary data in driving investment strategies.

Welcome to a new episode of the EUVC podcast, where our good friends Dan Bowyer and Mads Jensen from SuperSeed in a 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 💬

Welcome to a new episode of the EUVC podcast, where our good friend Dan Bowyer from SuperSeed talks with Andrew J. Scott, Founding Partner at 7percent Ventures, and Lomax Ward, General Partner at Outsized Ventures, to cover recent news and movements in the European tech landscape. 💬Go to eu.vc for our core learnings and the full video interview 👀

In today’s episode of our CVC series, Andreas and our CVC in-house expert, Jeppe Høier, talk with Ann-Sofie Ekberg, CEO of Volvo Cars Tech Fund, the corporate venture arm of Volvo Cars. Founded in 2018, the fund invests directly from Volvo’s balance sheet, backing startups in mobility, sustainability, and digitalization. While prioritizing strategic relevance, the fund maintains a disciplined investment approach, engaging with startups at various stages—predominantly Series A and B, with some selective seed investments.Under Ann-Sofie’s leadership, the Tech Fund has developed a structured approach to ensure investments align with Volvo’s readiness to adopt new technologies. She emphasizes the importance of startups having diverse customer bases beyond Volvo to avoid over-reliance. In this conversation, Ann-Sofie also shares insights into balancing strategic and financial priorities, how Volvo collaborates with competitors in CVC, and why she believes platform-based vehicle architectures will unlock faster innovation and startup adoption in the automotive industry.Go to eu.vc for our core learnings and the full video interview 👀Chapters:02:28 Understanding Volvo Cars and Volvo Group03:25 Corporate Venture at Volvo Cars03:50 Volvo Cars Technology Fund: History and Mission05:14 Investment Decisions and Internal Sponsors 07:06 Seed Investments and Strategic Disruptions08:05 Strategic vs. Financial Investments10:07 Portfolio Modeling and Investment Criteria12:33 Mandate and Budget Flexibility14:08 Challenges in the Automotive Industry17:40 The Role of Technology and Platforms20:04 Sustainability Goals and Initiatives22:59 Investment in Battery Technology26:17 Collaboration and Scaling Challenges33:41 Corporate Venturing and Competition39:47 Boardroom Dynamics and Ownership44:23 Success Stories and Additional Opportunities45:49 Conclusion and Final Thoughts

Welcome to a new episode of our special series, At The Cap Table Series, where Sarah Finegan, Senior Investor at Antler, talks with Emma Phillips, Investment Partner at LocalGlobe. Local Globe is one of Europe’s most respected early-stage venture firms. Founded by Robin and Saul Klein, Local Globe has backed nearly 300 companies, including 17 unicorns and five IPOs, focusing on B2B software, applied AI, and the future of work.With deep entrepreneurial DNA and a commitment to investing in founders at the earliest stages, the firm plays a crucial role in shaping Europe's startup ecosystem. Since joining Local Globe nearly a decade ago, Emma has transitioned from an operating partner to a leading investor, bringing hands-on experience in scaling companies and navigating operational challenges.In this conversation, she shares her insights on what makes a great founder, the importance of first-principles thinking, and why exceptional talent can come from anywhere. We also dive into Local Globe’s unique approach to venture investing, the major trends shaping the future of work & AI, why founders should embrace unscalable solutions early on, and why Europe needs to build a more open and accessible venture ecosystem.Go to eu.vc for our core learnings and the full video interview 👀

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

In today’s episode, Andreas Munk Holm speaks with Sune Stilling and Christy McCaig, General Partners at Nine Realms, a venture fund focused on transforming global supply chains. With a target size of €200 million, Nine Realms is raising its first fund, screening high-potential Series A investments across Europe and North America.Notably, their portfolio and previous investments include innovative companies like Clearly, Forto, and Loadsmart, which drive change in logistics and sustainable operations. Sune and Christy bring their extensive experience from corporate ventures and logistics, including Maersk Growth, to identify startup opportunities that address today’s global supply chain challenges.In this conversation, they discuss the fund’s strategy of building a concentrated, operator-led portfolio to generate steady returns from trade sales, not just unicorn exits. They explore how evolving trends like AI optimization and sustainability open new market opportunities.Go to eu.vc for our core learnings and the full video interview 👀Chapters:02:20 Nine Realms Fund Overview03:05 Team Background and Expertise03:46 Christy's Professional Journey04:54 Sune's Professional Journey07:54 Building Nine Realms09:45 Collaboration Between CVCs and VCs10:46 Corporate VC Strategies12:04 Investment Structure and Decision Making15:18 European Supply Chain Innovation17:03 Investment Strategy and Allocation18:24 Portfolio Management and Value Creation28:09 Two-Sided Value Creation Model29:45 Strategic Investors and Partnerships35:43 Industry Trends and Themes for 202542:51 Resilience in Supply Chains