EUVC

The European VC
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Mar 7, 2025 • 47min

CVC | E424 | Nine Realms’ Sune Stilling and Christy McCaig on reshaping supply chains through operator-led investing

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
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Mar 4, 2025 • 49min

VC | E423 | Notion Capital's Stephen Millard on launching the "Cloud Champions" report & backing European B2B SaaS companies

In today’s episode of the EUVC podcast, Andreas talks with Stephen Millard, Operating Partner & Chief Platform Officer at Notion Capital, a London-based fund exclusively investing in B2B SaaS. With roots dating back to early SaaS pioneers like Message Labs, Stephen brings deep operational know-how and a data-driven approach to venture investing. Notion Capital’s Cloud Champions latest report unpacks European SaaS companies' unique challenges, from navigating fragmented markets to scaling revenue rapidly, emphasizing the need for constant reinvention.Using extensive experience and real-world case studies, Stephen explains how today’s well-informed buyers reshape the traditional seller-buyer dynamic. He outlines the critical transition for founders: from a hands-on, experimental phase to a disciplined, outcome-focused strategy, ensuring that teams align across sales, marketing, and product development. Stephen also shares practical insights on adapting go-to-market strategy and building enduring, high-growth businesses in a rapidly evolving market landscape.Go to eu.vc for our core learnings and the full video interview 👀
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Mar 3, 2025 • 1h 17min

VC | E422 | This Week in European Tech with Dan Bowyer, Mads Jensen, Andrew J. Scott and Karin Nielsen

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 Karin Nielsen, Product & Growth Advisor at Unruly Labs, cover recent news and movements in the European tech landscape 💬
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Feb 28, 2025 • 48min

LP | E421 | Oxx’s Ingrid Bonde Åkerlind on leveraging the ICP bow tie framework to back high-growth European B2B SaaS

In today’s episode of the EUVC podcast, Andreas talks with Ingrid Bonde Åkerlind, a seasoned investor at Oxx, a venture capital firm focusing on B2B SaaS companies that operate from London and Stockholm. Backed by a $190 million second fund and a boutique, high-conviction approach, Oxx targets late Series A and Series B companies that have not only passed the product-market fit gauntlet but are now ready to scale. Ingrid’s unique blend of hands-on operational experience and investment insight helps her spot startups that truly understand their market dynamics.Drawing on her journey from building growth teams to steering venture investments, Ingrid explores the power of a well-defined Ideal Customer Profile (ICP). She explains how transitioning from an experimental phase to a focused customer strategy can align sales, marketing, and product teams for sustained success. In this conversation, she shares practical insights on refining go-to-market strategies and leveraging data-driven customer segmentation to drive operational efficiency and venture-scale returns.Go to eu.vc for our core learnings and the full video interview 👀
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Feb 26, 2025 • 41min

VC | E419 | Target Global's Shmuel Chafets on reigniting Europe's creator mindset and investing in AI-Native innovations

In today’s episode of The European VC, Andreas talks with Shmuel Chafets, co-founder and Partner at Target Global, one of Europe’s leading venture firms with investments spanning software, fintech, mobility, logistics, healthcare, and consumer internet. With over 140 portfolio companies, including Revolut, Delivery Hero, and TravelPerk, Target Global operates across Europe, Israel, the Middle East, and Africa, backing founders from early-stage to growth. Known for its pragmatic approach to investing, the firm is increasingly focused on AI-native startups and frontier technologies shaping the next decade.Since launching Target Global a decade ago, Shmuel has been at the forefront of European venture investing, navigating market cycles and shifting investment strategies in response to macro and technological trends. In this conversation, he shares his candid views on Europe's lagging position in AI, why Europe must shift from a risk-averse mindset to a creator-driven economy, and how AI is set to disrupt everything from public services to vertical SaaS. We also dive into why Target Global is moving earlier in its investment strategy, the growing relevance of Israel and the UAE in global tech, and why European bureaucracy remains one of the biggest obstacles to innovation.Go to eu.vc for our core learnings and the full video interview 👀
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Feb 24, 2025 • 1h 1min

VC | E418 | This Week in European Tech with Dan Bowyer, Mads Jensen, and Ben Prade

Welcome to a new episode of the EUVC podcast, where our good friends Dan Bowyer and Mads Jensen from SuperSeed have a discussion with Ben Prade, Partner at GP Bullhound, to cover recent news and movements in the European tech landscape. 💬
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Feb 21, 2025 • 50min

VC | E417 | Roundtable discussion on The State of Venture in Eastern Europe and more

In today’s episode of the EUVC podcast, Andreas is joined by Bogdan Iordache, General Partner at Underline Ventures, and Jakob Stein, Vice President at Creandum, for a roundtable discussion on the latest insights from the Venture in Eastern Europe report launched yesterday by How to Web.Eastern Europe’s venture scene has seen remarkable growth, with an increase in international funding and a maturing ecosystem that’s producing more globally competitive startups than ever before. With capital flowing into follow-on rounds at an unprecedented rate and local funds growing their influence, the region is no longer an "exotic" investment destination—it’s a strategic one.In this conversation, we explore why Eastern European founders have to work harder to prove themselves, how global investors are adapting their strategies for the region, and which startup hubs are leading the charge in gaming, SaaS, and AI. We’ll also unpack the findings from the latest How to Web report, which highlights key investment trends, the role of local and international capital, and the biggest challenges still facing founders in the region.Go to eu.vc for our core learnings and the full video interview 👀
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Feb 20, 2025 • 54min

VC | E416 | TDK Ventures’ Nicolas Sauvage on building a founder-friendly CVC and investing in DeepTech for long-term impact

In today’s episode of our CVC series, Andreas and our CVC in-house expert, Jeppe Høier, sit down with Nicolas Sauvage, President of TDK Ventures, the corporate venture capital arm of TDK Corporation, a global leader in electronics and materials technology. With $350 million in AUM across three funds, TDK Ventures focuses on hard tech, deep tech, and energy transformation. It invests between $250K and $10 million per deal while balancing strategic alignment with venture-scale returns.Since founding TDK Ventures in 2019, Nicolas has built one of the market's most disciplined and entrepreneur-friendly CVCs, backing startups in sustainability, mobility, and advanced materials. Under his leadership, the firm has pioneered a unique "Diverse Advocate" investment process, ensuring rigorous due diligence and a first-principles approach to deep tech investing. In this conversation, Nicolas shares how TDK Ventures bridges the gap between startups and a global corporate parent, the power of patience in CVC, and why he believes nuclear fusion will be the defining energy source of the future.Go to eu.vc for our core learnings and the full video interview 👀
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Feb 18, 2025 • 1h 4min

LP | E415 | Atomico's Tom Wehmeier on the State of European Tech, regulations, and more

Tom Wehmeier, Head of Intelligence at Atomico, dives into the evolving landscape of European tech. He discusses the current confidence crisis and how regulation influences growth. Key insights from the latest State of European Tech report shed light on capital gaps and market fragmentation. Tom emphasizes the importance of a unified approach in navigating public market challenges while recognizing AI's potential in Europe. He also advocates for stronger collaboration between the public and private sectors to drive deep tech innovation.
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Feb 17, 2025 • 49min

CVC | E414 | This Week in European Tech with Dan Bowyer, Mads Jensen, Lomax Ward and Andrew J. Scott

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 💬

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