

EUVC
The European VC
EUVC is your go-to podcast for everything European VC. Co-hosted by Andreas Munk Holm and David Cruz e Silva, EUVC features some of the most prominent people from the European VC industry, giving you a fresh new perspective on the industry and geo we love. Follow us and stay in the loop with everything European VC on eu.vc
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Sep 30, 2025 • 10min
E607 | EUCVC Summit 2025: Linn Clabburn (Inter IKEA Group) & Destana Herring (Regeneration.VC) — Scaling With, Not Over, Founders
Welcome back to the EUCVC Summit Talks, where we bring you candid conversations with Europe’s leading founders, corporate leaders, and investors shaping the future of venture collaboration.In this session, Linn Clabburn, Head of CVC at Inter IKEA Group, and Destana Herring, Partner at Regeneration.VC, explore how corporates and VCs can partner with founders without overshadowing them.From aligning on objectives to translating “corporate scale” into startup reality, Linn and Destana share how trust, sparring, and clarity in the boardroom can make or break collaboration.🎧 Here’s what’s covered:00:10 Scale with, not over, founders: why trust is the foundation.01:00 The “love triangle” — navigating the CVC, VC, and founder dynamic.02:30 Different ambitions, shared value — why alignment before investing is key.04:00 Case study: IKEA + Regeneration joint investment and aligning KPIs.05:00 Translation role of VCs — turning corporate jargon into tangible founder action.06:00 What scale means at IKEA vs. in a startup — and how to bridge the gap.07:00 Success looks different — iterating market applications until corporate fit arrives.08:00 Boardroom courage — how to challenge each other without pulling founders apart.09:00 Unified front — why investors must spar privately, align publicly.

Sep 30, 2025 • 9min
E606 | EUCVC Summit 2025: Thijs Povel, dealflow.eu & Ekke Van Vliet, EIC: Bridging Corporates and Startups in Europe
Welcome back to the EUCVC Summit Talks, where we bring you candid conversations with Europe’s leading founders, corporate leaders, and investors shaping the future of venture collaboration.In this episode, Thijs Povel, CEO of dealflow.eu, and Ekke Van Vliet, Investment Coordinator at the European Innovation Council (EIC), sit down to discuss one of the biggest challenges in Europe’s venture ecosystem: bridging the gap between corporates and startups.From EIC’s €10B budget for deep tech to the lessons learned from more than 70 “corporate days,” this session explores what works — and what doesn’t — when building collaboration between Europe’s most innovative startups and its largest corporates.🎧 Here’s what’s covered:00:10 Why startups want scale and corporates want innovation — and why it’s still hard to align.01:00 Inside dealflow.eu: making EU-funded startups visible and accessible to corporates and investors.02:00 The EIC’s €10B fund — grants and equity for deep tech across Europe.03:00 From grants to growth: how EIC supports startups after initial funding.04:00 Lessons from 70+ corporate days — what works, what fails, and the magic ratio of corporates to startups.05:00 Why in-person, 1:1 meetings matter — but too many can backfire.06:00 Tomorrow’s corporate day at TechBBQ — a live case study in matchmaking.07:00 Why deep tech startups in energy, climate, and healthcare are prime for corporate collaboration.08:00 What corporates actually get: curated startups, ready-to-scale solutions, and no cost to participate.09:00 Tomorrow’s 14 featured startups — from solar blinds to healthy air and construction tech.

Sep 30, 2025 • 10min
E605 | EUCVC Summit 2025: Jesper Bang Olsen, BEAM & Kerk Wichmann, Jungheinrich: Incubating startups
Welcome back to the EUCVC Summit Talks, where we bring you behind-the-scenes conversations with the founders, corporates, and investors shaping Europe’s venture collaboration landscape.In this episode, Jeppe Høier sits down with Jesper Bang Olsen, Partner at BEAM, and Kerk Wichmann, VP of Corporate Strategy at Jungheinrich and Managing Partner at Uplift Ventures. Together, they unpack the realities of corporate venture building: why corporates need to separate venture initiatives from the mothership, how to anchor strategically, and what it takes to balance startup agility with industrial scale.From governance and champions to customer infiltration and fast decision-making, this is a candid look at how leading corporates are building real ventures—not just innovation playgrounds.🎧 Here’s what’s covered00:19 Why Uplift Ventures was born—responding to Chinese competition and software-driven disruption.01:00 Why ventures fail inside the mothership—rules, governance, and slow cycles.03:00 Jesper’s story: from DVDs wiped out by Spotify to creating BEAM as a venture builder.04:00 Value triggers at BEAM—finding good niche problems, anchored near but not inside the core.05:00 Anchoring strategy: why top management commitment is non-negotiable.06:00 Balancing two worlds—leveraging 6,000 service engineers and 2,000 sales reps while learning startup speed.07:00 Secret sauce at BEAM—separation from the corporate, but with champions inside who love the speed.08:00 Customer infiltration—winning over corporate clients directly to create positive friction.09:00 Venture governance—independent venture board, external members, and strict stage-gate decisions.

Sep 29, 2025 • 1h 1min
E604 | This Week in European Tech with Dan, Mads, Lomax & Andrew
Welcome back to another episode of Upside at the EUVC Podcast, where Dan Bowyer, Mads Jensen of SuperSeed and Lomax from Outsized Ventures unpack what’s happening in European tech and venture capital.This week: The UK lands $150B of US pledges and 120,000 Nvidia GPUs—can London turn its AI hype into substance? NATO on edge after Russian incursions across Poland and Denmark. Are we witnessing an AI bubble, or just the infrastructure wave of the century? Plus: cyber risk after JLR’s ransomware hit, Trump’s $100K H-1B visa fee, and the week’s billion-dollar deals.🎧 Here’s what’s covered:01:59 The UK Economy: stalled housing, digital ID hopes, and why Gatwick beats Heathrow.08:02 Macro Context: UK at 1% growth vs US 3.8%, but Revolut and AI unicorns offer upside.11:23 Trump’s UK State Visit: $150B in pledges, Nvidia’s mega GPU cluster, and hidden strings.17:34 Pageantry vs Reality: Andrew on IMF forecasts and why the UK still outpaces France & Germany.20:41 Pensions & Equity Gap: Why Europe lags the US in growth capital.25:17 Are We in an AI Bubble? Big tech’s circular bets, Nvidia’s chokehold, and history repeating.35:12 Cybersecurity & AI: JLR hack fallout, ransomware surge, and a $500B market by 2030.43:21 NATO on Edge: Russian drones in allied airspace, Trump’s hawkish rhetoric, and Europe’s defense unicorns.53:28 The H-1B Shock: Trump’s $100K fee and whether Europe can seize the talent opportunity.59:44 Deal of the Week: N-Scale’s $1.1B data center raise and Oura Ring’s $875M round.

Sep 28, 2025 • 10min
E603 | EUCVC Summit | Gina Domanig, Emerald Technology Ventures & Nicolas Sauvage, TDK Ventures: Evolving CVC Programs
Welcome back to the EUCVC Summit Talks, where we bring you candid conversations with Europe’s leading founders, corporate leaders, and investors shaping the future of venture collaboration.In this episode, Andreas Munk Holm speaks with Gina Domanig, Managing Partner at Emerald Technology Ventures, and Nicolas Sauvage, President of TDK Ventures, on what it really takes to design, launch, and evolve corporate venture capital programs that endure.They explore how corporates can balance financial credibility with strategic impact, why governance and structure matter, and how to bridge the cultural gap between startups and corporates. From KPIs and deal flow to long-term commitment, this is a masterclass in building CVCs that deliver more than returns.Here's whats covered:00:30 Building a CVC program is more than financial—it’s a cultural shift.01:00 Exploitation vs. exploration — balancing today’s business with tomorrow’s bets.02:00 The role of funds, reserves, and acting like financial VCs to gain credibility.04:00 Gina’s “CVC as a service” model — how Emerald engages with multiple corporates.05:00 Why corporates must commit resources to both financial and strategic value creation.06:00 Engagement processes — KPIs, partnerships, and designing for tangible outcomes.07:00 Mining deal flow — helping corporates benefit even from startups not invested in.08:00 Deliverables matter — deal flow, pilots, KPIs, and leadership pressure for follow-through.09:00 Investor + consultant? Or financial + strategic VC? — the real identity of CVCs.💡 One-liner takeaway: Corporate venture programs succeed when they combine financial discipline with strategic alignment—backed by clear KPIs, strong governance, and leadership commitment.

Sep 27, 2025 • 52min
E602 | David Sutter, OpenTrade & Itxaso del Palacio, Notion: Stablecoin Yield, Real-World Assets & the Future of Embedded Finance
Welcome back to another EUVC Podcast, where we gather Europe’s venture family to share the stories, insights, and lessons that drive our ecosystem forward.Today we dive into the mainstreaming of stablecoin yield with David Sutter, CEO & Co-founder of OpenTrade, and Itxaso del Palacio, GP at Notion Capital. With $11M raised in just six months, transaction volumes already topping $200M, and growth at 20% month-on-month, OpenTrade is one of the fastest-scaling fintech infrastructure plays in Europe. But this is about much more than another fintech: it’s about embedding yield into the financial internet, bridging stablecoins with real-world assets, and building institutional-grade trust for millions of users across Latin America and Europe.🎧 Here’s what’s covered:00:00 Introduction: Andreas sets the stage on stablecoin yield; welcomes David (OpenTrade) & Itxaso (Notion).05:00 OpenTrade Origins: David on early stablecoin work, the “yield gap,” and why embedded yield is the next frontier.10:00 Why Notion Invested: Itxaso explains the fintech infra angle, regulatory tailwinds, and parallels to prior bets.15:00 Stablecoins & AI: How AI agents will need financial rails, and why stablecoins are the only money fit for machines.20:00 The B2B2C Model: Why OpenTrade scales via fintech partners, lessons from Circle & Stripe.25:00 Real-World Asset Yield: Treasuries, commercial paper, trade finance, private credit, and DeFi strategies.30:00 Traction & Growth: $200M processed, $65M balances, 20% MoM growth — early but fast-scaling.35:00 Investor Diligence: Itxaso on team quality, regulatory strategy, asset transparency, and Notion’s conviction.40:00 Scaling Priorities: David on building the right team, institutional safeguards, and systems for growth.50:00 Closing Reflections: Investor opportunity in crypto infra, regulation as an enabler, and why “now is the time.”

Sep 26, 2025 • 51min
E601 | Andy Budd, Seedcamp: From CSS to Seedcamp - Why Design Is a Startup Superpower
Welcome to a new episode of the EUVC Podcast, where we bring you the people and perspectives shaping European venture.This week, Andreas sits down with Andy Budd, Venture Partner at Seedcamp, founder-turned-investor, and one of the earliest pioneers of UX design in Europe.Andy’s journey spans two decades of building and scaling—from creating one of the UK’s first CSS-based websites to founding Clearleft, Europe’s first UX agency, to now advising founders at Seedcamp. He’s used that knowledge to write a new book all about startup growth. Something we’re sure your portfolio companies will find super useful.In this episode, Andy unpacks why design is central (not cosmetic)to early-stage success, how product-market fit often hides behind poor UX, and what AI might (and might not) automate in a founder’s journey.Here’s what’s covered:02:00 | UX Before It Was Cool: Launching Europe’s first UX agency04:00 | Mentor to Partner: The Seedcamp connection and how it evolved07:30 | Design in Venture: Why UX is essential to product-market fit11:00 | AI & UX: Johnny Ive, ChatGPT, and designing for mass adoption15:00 | Super Users vs. Everyone Else: Where AI tools fail the average user18:00 | Operator Value: What Andy brings to the Seedcamp portfolio22:00 | The Growth Equation: Seven factors every founder needs to master30:00 | Fundraising Is Also UX: Using growth principles to pitch better33:00 | Small Is Smart: The rise of leaner, faster, better startups39:00 | Can Seed-Strapping Work? Why not all winners need to be unicorns43:30 | Product-Led Growth: When it works—and when it doesn’t

Sep 25, 2025 • 10min
E600 | EUCVC Summit 2025: Alokik Advani (Fidelity International Strategic Ventures), Nicolas Sauvage (TDK Ventures): Built to Last: Long-Term CVC Strategy
From governance models to internal alignment, they share the blueprint for how corporate venture arms can thrive beyond the 3.7-year industry average lifespan. The discussion ranges from financial vs. strategic returns, to the “King of the Hill” philosophy, to why equal-win partnerships are essential if corporates want to play the long game.This is essential listening for corporate leaders, founders, and investors who want to understand how to build CVCs that stand the test of time.🎧 Here’s what’s covered00:35 Balancing short-term pressures with long-term horizons in corporate venture.01:00 Measuring strategic impact: why financial returns aren’t enough, and how to keep communication continuous.02:00 Governance models: how Fidelity and TDK designed their investment committees.03:12 Strategy vs. finance: why it’s a false choice and the case for picking future market leaders.05:00 The “King of the Hill” concept: investing in potential category leaders even before markets exist.06:00 Why the financial bar must come first—and how corporates can offer startups more than just capital.07:00 Avoiding the “strategic-only” trap: why CVCs fail and how to last beyond the 3.7-year average.08:00 Working with champions inside the mothership and building early success stories.09:00 Equal-win partnerships: why both corporates and startups must feel the value for relationships to endure.

Sep 25, 2025 • 10min
E599 | EUCVC Summit 2025: Florian Noell (PwC) and Gina Domanig (Emerald Technology Ventures): LP Investing as a Smart Starting Point for CVC
Welcome back to the EUCVC Summit Talks, where we bring you candid conversations with Europe’s leading founders, corporate leaders, and investors shaping the future of venture collaboration.In this episode, Florian Noell, Partner at PwC, and Gina Domanig, Managing Partner at Emerald Technology Ventures, join Jeppe Høier to explore why limited partner (LP) investing is emerging as the smartest entry point for corporates entering venture.From accessing deal flow and ecosystems to building internal conviction and avoiding common mistakes, Florian and Gina share their playbooks for making LP positions deliver both financial returns and strategic impact.🎧 Here’s what’s covered00:00 Why PwC chose LP investing as part of its corporate venturing activities.02:00 Ecosystems, neighborhoods, and the importance of other LPs around the table.03:00 Gina on structuring LP relations to meet both financial and strategic goals.04:30 The role of sector specialists, KPIs, and deal platforms in delivering value.05:45 Running “sprints” with corporates to align strategy and business units.06:45 Beyond capital: how LP investing enables startups to access global corporates.08:00 Building trust and staying engaged with GPs to unlock real value.09:00 Complementary models — Emerald’s cleantech depth vs. PwC’s global reach.

Sep 24, 2025 • 34min
E598 | Florian Schweitzer, b2venture: Building Angel-Led VC That Actually Works
Welcome back to another episode of the EUVC Podcast, your trusted inside track on the people, deals, and dynamics shaping European venture.This week, Andreas is joined by Florian Schweitzer, Founding Partner at b2venture, one of Europe’s longest-running VC funds — and one of the only firms to scale a structured angel investing model alongside institutional capital.They unpack how Florian built an active, deeply interlinked community of 350 angels, the philosophy behind their 90/10 investment model, and why chasing unicorns is the wrong game. The conversation also dives into trust-building with LPs, culture as a strategy, and what it takes to build trillion-euro thinking into Europe’s founder psyche.Whether you’re an emerging manager trying to scale responsibly, or an LP wondering what durable early-stage outperformance actually looks like — this one’s for you.Here’s what’s covered:01:00 | The impossible alignment: angels vs. institutions02:30 | Treating angels as partners — not a sourcing channel03:30 | The founder–angel–VC triangle04:00 | Winning institutional support: data, not just story05:40 | Why most firms abandon the angel model — and how btov didn’t06:00 | Culture, rules, and the “honourable merchant”08:00 | The numbers: 350 angels, 80 core collaborators09:00 | The unicorns: how every single one came via angels10:30 | When angels lead and VCs co-lead12:30 | Why chasing unicorns is “silly” — and what to do instead14:00 | Building trillion-euro aspirations into early diligence15:00 | 90/10: The case for a dual investment strategy17:00 | DPI lessons from Fund 1 & 2 — and what they forgot in 3 & 4


