EUVC

Ted Persson from EQT Ventures and Klementina Österberg from GU Ventures discuss their firms' investments, the changing investment landscape, and the need for a new playbook in financing deep tech ventures. They explore European technology sovereignty, the significance of Europe's potential, and encourage listeners to engage by leaving reviews and subscribing.

Today we have Staffan Helgesson with us. Staffan is the founder of Creandum, a European early stage venture firm with no appointed headquarter but offices (or hubs as they call them) in Sweden, London, Berlin and San Francisco. Creandum just turned 20 years and are investing out of their 6th fund which is a $500m fund to back founders and companies across Europe. In addition to Europe they invest in European diaspora founders in the US.The firm is a generalist investor but have organised themselves in six main verticals; Health, Climate, Technical SaaS, Application SaaS, Fintech and Consumer, where they spend most of their time.Creandum has approximately $2 Bn under management and have done close to 150 investments over the years with notable investments including Spotify, Klarna, Trade Republic, Pleo, Bolt, iZettle, Cornershop, depop, Kahoot!, Taxfix, Kry and Factorial. At Creandum, Staffan leads the climate vertical and is also very active investing in Saas companies.Chapters00:00:00 - Introduction to Staffan and Creandum 00:01:52 - From Small-Town Origins to Silicon Valley Inspiration00:03:49 - Loving Niche Sports and Venture Capital in Europe00:05:47 - The European Investing Advantage & Time as a Solution00:09:35 - Staffan’s Pivotal Moment00:11:37 - The Importance of Bold Ideas and Drive00:13:45 - The Importance of User-Centric Design and Delighting the End User00:15:35 - Focusing on the Top Companies00:17:34 - Combining Transformational Change and Hearing the Train00:19:29 - Investing in the Future of Electric Vehicle Charging00:21:14 - The Benefits of Electrification and the Future of EVs00:23:26 - Shout Out to Co-Investor Angel or LP00:25:18 - Shout out to Creandum during a difficult time00:27:14 - Building a Franchise00:29:12 - Building a Firm for Institutions00:30:59 - Sustainable Competitive Advantage in Venture00:32:52 - Gut Feeling and Logical Analysis00:34:46 - The Importance of Gut Feeling in Decision Making00:36:58 - Approaching Tier One Institutions00:39:10 - Europe's New Beginnings

Mari Luukkainen, Principal at Icebreaker VC, discusses building a personal brand in venture capital. Topics include developing your personal brand, transitioning to startup growth, consistency in content creation, and attracting founders at the pre-founder stage. Also, the importance of emotional support in startups, transferring writing skills to investment, and shifting from operator to coach in VC.

Former VC giant, Fred Destin, discusses his decision to pause on venture capital and his journey of personal introspection. They explore the rise of new VC funds, the challenges of running a firm and raising funds, and the importance of self-awareness and humility in the industry. They also touch on the value of personal growth, trust, and transparency, as well as the challenges and opportunities brought by AI and new technology waves.

In this podcast, the hosts announce their investment into First Momentum Ventures and discuss their mission of backing deeply technical companies. They also address criticism regarding their young age as venture capitalists. The podcast covers topics such as fund performance, their scout program, investments in climate tech and precision machine part production, and the potential of OpenAI in deep tech investments.

Ondrej Bartos, Founder of Credo Ventures, talks about the challenges of being an entrepreneur and VC, collaboration vs competition among VCs, the transformative power of success, and the importance of passion and hard work. They also discuss co-investing, building towards a franchise, failures and learnings in building a venture firm, and the significance of testing and embracing failure in venture capital.

Satgana is a Climate Tech Venture Capital firm with an established portfolio at 4.2x MOIC, looking to support purpose-driven entrepreneurs in Europe and Africa. They discuss their investment in Satgana Fund I and their community-focused approach. The podcast also covers topics such as the challenge and opportunity of climate change, building a pre-seed climate fund, investment verticals, addressing methane leaks in the energy sector, Y Combinator's impact on startups, and non-dilutive funding in Europe.

Ben Topor, Founder & Managing Partner at Titan Capital, talks about growth and secondaries investing. Topics include the future of European venture capital, the importance of solving a pressing need, timing the market and spreading bets, finding bargains in the secondary market, and flexible investment approaches.

Today we have Colin Daymond Hanna with us. Colin is a Partner at Balderton. And I think it goes without saying that I need not introduce this firm; but just in case anyone listening in has just started in venture, I’ll say that in the two decades since Balderton’s founding, they have worked with hundreds of extraordinary European founders, and have raised eight funds totalling more than 3bn Euros.At Balderton, Colin invests in purpose-driven, product-focused founders spanning verticals including Cloud, Consumer, Crypto, and Fintech. Colin has led the investments into Fuse Energy (formerly Tesseract), Ory, Supernormal, AnyType, Clue (note: the links go to Balderton’s annoucements, interesting reading!). Colin is also part of the team at Balderton responsible for driving the firm's Sustainable Future Goals initiatives.Chapters:00:00:00 - Introduction to Colin Daymon Hannah00:02:54 - Growing up in Asia & the US and transitioning to venture00:07:28 - Taking a Leap of Faith to Berlin00:09:51 - The Role of Luck in Decision Making00:12:05 - Prioritization and Communication00:14:27 - Balderton's Purpose as a Partner for European Entrepreneurs00:16:38 - Clue: Empowering Women's Health00:18:56 - The Local First Mentality and Censorship Resistance00:21:31 - Lack of Empathy in VC and Overstretching00:23:40 - Importance of Investor Alignment 00:26:03 - On Purpose and Prioritization00:28:35 - Prioritization & Portfolio Management 00:30:49 - Transparency in Investing00:32:54 - Building Networks with Investors00:35:10 - The Importance of Strong Communication and Vulnerability00:37:17 - Communication and Gratitude00:39:12 - How Sports Shape Your Path00:41:31 - The Importance of Trusting the Process00:44:01 - Transparency in Achieving Global Goals00:46:07 - Investing in companies aligned with SDGs00:48:32 - Express Championing of Positive Externalities00:50:26 - Tips for Emerging VCs in Europe00:52:46 - Focusing on the Purpose, Not the Valuation

If there's any market that's not slowing down, it's the secondaries market. And it’s a buyer’s market. But how do you win? We convened some of Europe's best secondaries investors to discuss the current market and how to build your investment strategy, evaluate opportunities and negotiate deals.Expert Secondaries Panelists:- Joe Schorge, Founding Partner of Isomer Capital- Kemper Ahl, Vice President of Industry Ventures- Martijn de Wever, CEO & Founder of FlowwGo to eu.vc for the write up of our key learnings and as well as the video recording 👀 Chapters:00:00:00 - Welcome to the roundtable and introductions00:03:02 - Solving Pain Points in the Private Markets00:11:29 - The Rise of Venture Secondaries00:14:20 - Creating a Systemic Approach00:20:07 - The Need for Innovation in the Market00:23:00 - Liquidity Solutions and the Secondaries Market00:25:43 - The Evolution of Intermediaries in the Market00:28:26 - Creative structuring for late-stage investments00:33:59 - Bridging the Gap in Due Diligence for New Investors00:39:14 - Tactics for Dealing in Secondary Market00:41:51 - The Platform Approach to Venture Secondaries00:44:35 - Timing the Market vs. Timing the Asset00:47:19 - Negotiating a Secondary Transaction00:53:00 - Strategies for Buying into Pre-IPO Companies01:01:13 - Experts needed for private Capital markets