Podcasts about european tech

It's that time of year again: Atomico's State of European Tech report has landed.In case you don't have the time to wade through its mammoth 183 charts, this week host Amy Lewin is joined by senior reporter Miriam Partington to bring you the report's most surprising findings, with a focus on talent.And it paints a rosy picture: respondents say it's getting easier to recruit and retain top-tier talent in Europe, and the continent's pool of senior tech tech employees has grown faster than the US over the last decade.But do founders actually feel that shift on the ground? And how much appetite is there to finally fix Europe's long-lamented market fragmentation? And why, a decade on, is the gender funding gap showing no signs of closing?Read Atomico's report, here: https://www.stateofeuropeantech.com/Read our top highlights, here: https://sifted.eu/articles/state-european-tech-report-2025Read about the Mistral and SAP partnerships, here: https://sifted.eu/articles/france-germany-partnership-mistral-sapRead about why VCs are ditching the boardroom for operator life, here: https://sifted.eu/articles/vcs-becoming-operatorsIf you would like to sponsor the podcast, please email commercial@sifted.eu

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Welcome back to another episode of Upside at the EUVC Podcast, where ⁠Dan Bowyer, ⁠Mads Jensen of ⁠SuperSeed⁠, and ⁠Lomax Ward of ⁠Outsized Ventures⁠ unpack the headlines reshaping European venture.This week, the trio dives into the UK's blink-and-you-miss-it exit tax, China's rising open-source AI threat, hyperscaler accounting drama courtesy of Michael Burry, Europe's supply-chain vulnerabilities — and why kill switches might soon matter as much as CapEx.Here's what's covered:08:42 The enterprise AI “nothingburger”: why progress is slower than adoption claims.10:31 Nexperia: Europe's dependence on Chinese chip packaging exposed.11:55 The four–six week fragility window in Europe's automotive supply chain.13:47 EU formalises 5G vendor bans — the €3B Huawei/ZTE rip-out begins.17:12 Dan vs. Alex Karp: “word salad” or visionary govtech architect?20:34 Palantir's privacy architecture: why governments keep choosing them.23:28 Markets wobble: Nvidia leads the downturn; Apple stands alone.28:14 Hyperscalers' depreciation trick: why Michael Burry calls fiction.35:12 Anthropic cyber incident: Claude “jailbroken” via social engineering.38:27 Chinese kill switches in European buses — and what comes next.

Live from Morgan Stanley's European Tech, Media and Telecom Conference in Barcelona, our roundtable of analysts discusses tech disruptions and datacenter growth, and how Europe factors in.Read more insights from Morgan Stanley.----- Transcript -----Paul Walsh: Welcome to Thoughts on the Market. I'm Paul Walsh, Morgan Stanley's European Head of Research Product. Today we return to my conversation with Adam Wood. Head of European Technology and Payments, Emmet Kelly, Head of European Telco and Data Centers, and Lee Simpson, Head of European Technology. We were live on stage at Morgan Stanley's 25th TMT Europe conference. We had so much to discuss around the themes of AI enablers, semiconductors, and telcos. So, we are back with a concluding episode on tech disruption and data center investments. It's Thursday the 13th of November at 8am in Barcelona. After speaking with the panel about the U.S. being overweight AI enablers, and the pockets of opportunity in Europe, I wanted to ask them about AI disruption, which has been a key theme here in Europe. I started by asking Adam how he was thinking about this theme. Adam Wood: It's fascinating to see this year how we've gone in most of those sectors to how positive can GenAI be for these companies? How well are they going to monetize the opportunities? How much are they going to take advantage internally to take their own margins up? To flipping in the second half of the year, mainly to, how disruptive are they going to be? And how on earth are they going to fend off these challenges? Paul Walsh: And I think that speaks to the extent to which, as a theme, this has really, you know, built momentum. Adam Wood: Absolutely. And I mean, look, I think the first point, you know, that you made is absolutely correct – that it's very difficult to disprove this. It's going to take time for that to happen. It's impossible to do in the short term. I think the other issue is that what we've seen is – if we look at the revenues of some of the companies, you know, and huge investments going in there. And investors can clearly see the benefit of GenAI. And so investors are right to ask the question, well, where's the revenue for these businesses? You know, where are we seeing it in info services or in IT services, or in enterprise software. And the reality is today, you know, we're not seeing it. And it's hard for analysts to point to evidence that – well, no, here's the revenue base, here's the benefit that's coming through. And so, investors naturally flip to, well, if there's no benefit, then surely, we should focus on the risk. So, I think we totally understand, you know, why people are focused on the negative side of things today. I think there are differences between the sub-sectors. I mean, I think if we look, you know, at IT services, first of all, from an investor point of view, I think that's been pretty well placed in the losers' buckets and people are most concerned about that sub-sector… Paul Walsh: Something you and the global team have written a lot about. Adam Wood: Yeah, we've written about, you know, the risk of disruption in that space, the need for those companies to invest, and then the challenges they face. But I mean, if we just keep it very, very simplistic. If Gen AI is a technology that, you know, displaces labor to any extent – companies that have played labor arbitrage and provide labor for the last 20 - 25 years, you know, they're going to have to make changes to their business model. So, I think that's understandable. And they're going to have to demonstrate how they can change and invest and produce a business model that addresses those concerns. I'd probably put info services in the middle. But the challenge in that space is you have real identifiable companies that have emerged, that have a revenue base and that are challenging a subset of the products of those businesses. So again, it's perfectly understandable that investors would worry. In that context, it's not a potential threat on the horizon. It's a real threat that exists today against certainly their businesses. I think software is probably the most interesting. I'd put it in the kind of final bucket where I actually believe… Well, I think first of all, we certainly wouldn't take the view that there's no risk of disruption and things aren't going to change. Clearly that is going to be the case. I think what we'd want to do though is we'd want to continue to use frameworks that we've used historically to think about how software companies differentiate themselves, what the barriers to entry are. We don't think we need to throw all of those things away just because we have GenAI, this new set of capabilities. And I think investors will come back most easily to that space. Paul Walsh: Emett, you talked a little bit there before about the fact that you haven't seen a huge amount of progress or additional insight from the telco space around AI; how AI is diffusing across the space. Do you get any discussions around disruption as it relates to telco space? Emmet Kelly: Very, very little. I think the biggest threat that telcos do see is – it is from the hyperscalers. So, if I look at and separate the B2C market out from the B2B, the telcos are still extremely dominant in the B2C space, clearly. But on the B2B space, the hyperscalers have come in on the cloud side, and if you look at their market share, they're very, very dominant in cloud – certainly from a wholesale perspective. So, if you look at the cloud market shares of the big three hyperscalers in Europe, this number is courtesy of my colleague George Webb. He said it's roughly 85 percent; that's how much they have of the cloud space today. The telcos, what they're doing is they're actually reselling the hyperscale service under the telco brand name. But we don't see much really in terms of the pure kind of AI disruption, but there are concerns definitely within the telco space that the hyperscalers might try and move from the B2B space into the B2C space at some stage. And whether it's through virtual networks, cloudified networks, to try and get into the B2C space that way. Paul Walsh: Understood. And Lee maybe less about disruption, but certainly adoption, some insights from your side around adoption across the tech hardware space? Lee Simpson: Sure. I think, you know, it's always seen that are enabling the AI move, but, but there is adoption inside semis companies as well, and I think I'd point to design flow. So, if you look at the design guys, they're embracing the agentic system thing really quickly and they're putting forward this capability of an agent engineer, so like a digital engineer. And it – I guess we've got to get this right. It is going to enable a faster time to market for the design flow on a chip. So, if you have that design flow time, that time to market. So, you're creating double the value there for the client. Do you share that 50-50 with them? So, the challenge is going to be exactly as Adam was saying, how do you monetize this stuff? So, this is kind of the struggle that we're seeing in adoption. Paul Walsh: And Emmett, let's move to you on data centers. I mean, there are just some incredible numbers that we've seen emerging, as it relates to the hyperscaler investment that we're seeing in building out the infrastructure. I know data centers is something that you have focused tremendously on in your research, bringing our global perspectives together. Obviously, Europe sits within that. And there is a market here in Europe that might be more challenged. But I'm interested to understand how you're thinking about framing the whole data center story? Implications for Europe. Do European companies feed off some of that U.S. hyperscaler CapEx? How should we be thinking about that through the European lens? Emmet Kelly: Yeah, absolutely. So, big question, Paul. What… Paul Walsh: We've got a few minutes! Emmet Kelly: We've got a few minutes. What I would say is there was a great paper that came out from Harvard just two weeks ago, and they were looking at the scale of data center investments in the United States. And clearly the U.S. economy is ticking along very, very nicely at the moment. But this Harvard paper concluded that if you take out data center investments, U.S. economic growth today is actually zero. Paul Walsh: Wow. Emmet Kelly: That is how big the data center investments are. And what we've said in our research very clearly is if you want to build a megawatt of data center capacity that's going to cost you roughly $35 million today. Let's put that number out there. 35 million. Roughly, I'd say 25… Well, 20 to 25 million of that goes into the chips. But what's really interesting is the other remaining $10 million per megawatt, and I like to call that the picks and shovels of data centers; and I'm very convinced there is no bubble in that area whatsoever.So, what's in that area? Firstly, the first building block of a data center is finding a powered land bank. And this is a big thing that private equity is doing at the moment. So, find some real estate that's close to a mass population that's got a good fiber connection. Probably needs a little bit of water, but most importantly needs some power. And the demand for that is still infinite at the moment. Then beyond that, you've got the construction angle and there's a very big shortage of labor today to build the shells of these data centers. Then the third layer is the likes of capital goods, and there are serious supply bottlenecks there as well.And I could go on and on, but roughly that first $10 million, there's no bubble there. I'm very, very sure of that. Paul Walsh: And we conducted some extensive survey work recently as part of your analysis into the global data center market. You've sort of touched on a few of the gating factors that the industry has to contend with. That survey work was done on the operators and the supply chain, as it relates to data center build out. What were the key conclusions from that? Emmet Kelly: Well, the key conclusion was there is a shortage of power for these data centers, and… Paul Walsh: Which I think… Which is a sort of known-known, to some extent. Emmet Kelly: it is a known-known, but it's not just about the availability of power, it's the availability of green power. And it's also the price of power is a very big factor as well because energy is roughly 40 to 45 percent of the operating cost of running a data center. So, it's very, very important. And of course, that's another area where Europe doesn't screen very well.I was looking at statistics just last week on the countries that have got the highest power prices in the world. And unsurprisingly, it came out as UK, Ireland, Germany, and that's three of our big five data center markets. But when I looked at our data center stats at the beginning of the year, to put a bit of context into where we are…Paul Walsh: In Europe… Emmet Kelly: In Europe versus the rest. So, at the end of [20]24, the U.S. data center market had 35 gigawatts of data center capacity. But that grew last year at a clip of 30 percent. China had a data center bank of roughly 22 gigawatts, but that had grown at a rate of just 10 percent. And that was because of the chip issue. And then Europe has capacity, or had capacity at the end of last year, roughly 7 to 8 gigawatts, and that had grown at a rate of 10 percent. Now, the reason for that is because the three big data center markets in Europe are called FLAP-D. So, it's Frankfurt, London, Amsterdam, Paris, and Dublin. We had to put an acronym on it. So, Flap-D. Good news. I'm sitting with the tech guys. They've got even more acronyms than I do, in their sector, so well done them. Lee Simpson: Nothing beats FLAP-D. Paul Walsh: Yes. Emmet Kelly: It's quite an achievement. But what is interesting is three of the big five markets in Europe are constrained. So, Frankfurt, post the Ukraine conflict. Ireland, because in Ireland, an incredible statistic is data centers are using 25 percent of the Irish power grid. Compared to a global average of 3 percent.Now I'm from Dublin, and data centers are running into conflict with industry, with housing estates. Data centers are using 45 percent of the Dublin grid, 45. So, there's a moratorium in building data centers there. And then Amsterdam has the classic semi moratorium space because it's a small country with a very high population. So, three of our five markets are constrained in Europe. What is interesting is it started with the former Prime Minister Rishi Sunak. The UK has made great strides at attracting data center money and AI capital into the UK and the current Prime Minister continues to do that. So, the UK has definitely gone; moved from the middle lane into the fast lane. And then Macron in France. He hosted an AI summit back in February and he attracted over a 100 billion euros of AI and data center commitments. Paul Walsh: And I think if we added up, as per the research that we published a few months ago, Europe's announced over 350 billion euros, in proposed investments around AI. Emmet Kelly: Yeah, absolutely. It's a good stat. Now where people can get a little bit cynical is they can say a couple of things. Firstly, it's now over a year since the Mario Draghi report came out. And what's changed since? Absolutely nothing, unfortunately. And secondly, when I look at powering AI, I like to compare Europe to what's happening in the United States. I mean, the U.S. is giving access to nuclear power to AI. It started with the three Mile Island… Paul Walsh: Yeah. The nuclear renaissance is… Emmet Kelly: Nuclear Renaissance is absolutely huge. Now, what's underappreciated is actually Europe has got a massive nuclear power bank. It's right up there. But unfortunately, we're decommissioning some of our nuclear power around Europe, so we're going the wrong way from that perspective. Whereas President Trump is opening up the nuclear power to AI tech companies and data centers. Then over in the States we also have gas and turbines. That's a very, very big growth area and we're not quite on top of that here in Europe. So, looking at this year, I have a feeling that the Americans will probably increase their data center capacity somewhere between – it's incredible – somewhere between 35 and 50 percent. And I think in Europe we're probably looking at something like 10 percent again. Paul Walsh: Okay. Understood. Emmet Kelly: So, we're growing in Europe, but we're way, way behind as a starting point. And it feels like the others are pulling away. The other big change I'd highlight is the Chinese are really going to accelerate their data center growth this year as well. They've got their act together and you'll see them heading probably towards 30 gigs of capacity by the end of next year. Paul Walsh: Alright, we're out of time. The TMT Edge is alive and kicking in Europe. I want to thank Emmett, Lee and Adam for their time and I just want to wish everybody a great day today. Thank you.(Applause) That was my conversation with Adam, Emmett and Lee. Many thanks again to them. Many thanks again to them for telling us about the latest in their areas of research and to the live audience for hearing us out. And a thanks to you as well for listening. Let us know what you think about this and other episodes by living us a review wherever you get your podcasts. And if you enjoy listening to Thoughts on the Market, please tell a friend or colleague about the podcast today.

Live from Morgan Stanley's European Tech, Media and Telecom conference in Barcelona, our roundtable of analysts discuss artificial intelligence in Europe, and how the region could enable the Agentic AI wave.Read more insights from Morgan Stanley.----- Transcript -----Paul Walsh: Welcome to Thoughts on the Market. I'm Paul Walsh, Morgan Stanley's European head of research product. We are bringing you a special episode today live from Morgan Stanley's, 25th European TMT Conference, currently underway. The central theme we're focused on: Can Europe keep up from a technology development perspective?It's Wednesday, November the 12th at 8:00 AM in Barcelona. Earlier this morning I was live on stage with my colleagues, Adam Wood, Head of European Technology and Payments, Emmet Kelly, Head of European Telco and Data Centers, and Lee Simpson, Head of European Technology Hardware. The larger context of our conversation was tech diffusion, one of our four key themes that we've identified at Morgan Stanley Research for 2025. For the panel, we wanted to focus further on agentic AI in Europe, AI disruption as well as adoption, and data centers. We started off with my question to Adam. I asked him to frame our conversation around how Europe is enabling the Agentic AI wave. Adam Wood: I mean, I think obviously the debate around GenAI, and particularly enterprise software, my space has changed quite a lot over the last three to four months. Maybe it's good if we do go back a little bit to the period before that – when everything was more positive in the world. And I think it is important to think about, you know, why we were excited, before we started to debate the outcomes. And the reason we were excited was we've obviously done a lot of work with enterprise software to automate business processes. That's what; that's ultimately what software is about. It's about automating and standardizing business processes. They can be done more efficiently and more repeatably. We'd done work in the past on RPA vendors who tried to take the automation further. And we were getting numbers that, you know, 30 – 40 percent of enterprise processes have been automated in this way. But I think the feeling was it was still the minority. And the reason for that was it was quite difficult with traditional coding techniques to go a lot further. You know, if you take the call center as a classic example, it's very difficult to code what every response is going to be to human interaction with a call center worker. It's practically impossible. And so, you know, what we did for a long time was more – where we got into those situations where it was difficult to code every outcome, we'd leave it with labor. And we'd do the labor arbitrage often, where we'd move from onshore workers to offshore workers, but we'd still leave it as a relatively manual process with human intervention in it. I think the really exciting thing about GenAI is it completely transforms that equation because if the computers can understand natural human language, again to our call center example, we can train the models on every call center interaction. And then first of all, we can help the call center worker predict what the responses are going to be to incoming queries. And then maybe over time we can even automate that role. I think it goes a lot further than, you know, call center workers. We can go into finance where a lot of work is still either manual data re-entry or a remediation of errors. And again, we can automate a lot more of those tasks. That's obviously where, where SAP's involved. But basically what I'm trying to say is if we expand massively the capabilities of what software can automate, surely that has to be good for the software sector that has to expand the addressable markets of what software companies are going to be able to do. Now we can have a secondary debate around: Is it going to be the incumbents, is it going to be corporates that do more themselves? Is it going to be new entrants that that benefit from this? But I think it's very hard to argue that if you expand dramatically the capabilities of what software can do, you don't get a benefit from that in the sector. Now we're a little bit more consumer today in terms of spending, and the enterprises are lagging a little bit. But I think for us, that's just a question of timing. And we think we'll see that come through.I'll leave it there. But I think there's lots of opportunities in software. We're probably yet to see them come through in numbers, but that shouldn't mean we get, you know, kind of, we don't think they're going to happen. Paul Walsh: Yeah. We're going to talk separately about AI disruption as we go through this morning's discussion. But what's the pushback you get, Adam, to this notion of, you know, the addressable market expanding? Adam Wood: It's one of a number of things. It's that… And we get onto the kind of the multiple bear cases that come up on enterprise software. It would be some combination of, well, if coding becomes dramatically cheaper and we can set up, you know, user interfaces on the fly in the morning, that can query data sets; and we can access those data sets almost in an automated way. Well, maybe companies just do this themselves and we move from a world where we've been outsourcing software to third party software vendors; we do more of it in-house. That would be one. The other one would be the barriers to entry of software have just come down dramatically. It's so much easier to write the code, to build a software company and to get out into the market. That it's going to be new entrants that challenge the incumbents. And that will just bring price pressure on the whole market and bring… So, although what we automate gets bigger, the price we charge to do it comes down. The third one would be the seat-based pricing issue that a lot of software vendors to date have expressed the value they deliver to customers through. How many seats of the software you have in house. Well, if we take out 10 – 20 percent of your HR department because we make them 10, 20, 30 percent more efficient. Does that mean we pay the software vendor 10, 20, 30 percent less? And so again, we're delivering more value, we're automating more and making companies more efficient. But the value doesn't accrue to the software vendors. It's some combination of those themes I think that people would worry about. Paul Walsh: And Lee, let's bring you into the conversation here as well, because around this theme of enabling the agentic AI way, we sort of identified three main enabler sectors. Obviously, Adam's with the software side. Cap goods being the other one that we mentioned in the work that we've done. But obviously semis is also an important piece of this puzzle. Walk us through your thoughts, please. Lee Simpson: Sure. I think from a sort of a hardware perspective, and really we're talking about semiconductors here and possibly even just the equipment guys, specifically – when seeing things through a European lens. It's been a bonanza. We've seen quite a big build out obviously for GPUs. We've seen incredible new server architectures going into the cloud. And now we're at the point where we're changing things a little bit. Does the power architecture need to be changed? Does the nature of the compute need to change? And with that, the development and the supply needs to move with that as well. So, we're now seeing the mantle being picked up by the AI guys at the very leading edge of logic. So, someone has to put the equipment in the ground, and the equipment guys are being leaned into. And you're starting to see that change in the order book now. Now, I labor this point largely because, you know, we'd been seen as laggards frankly in the last couple of years. It'd been a U.S. story, a GPU heavy story. But I think for us now we're starting to see a flipping of that and it's like, hold on, these are beneficiaries. And I really think it's 'cause that bow wave has changed in logic. Paul Walsh: And Lee, you talked there in your opening remarks about the extent to which obviously the focus has been predominantly on the U.S. ways to play, which is totally understandable for global investors. And obviously this has been an extraordinary year of ups and downs as it relates to the tech space. What's your sense in terms of what you are getting back from clients? Is the focus shifts may be from some of those U.S. ways to play to Europe? Are you sensing that shift taking place? How are clients interacting with you as it relates to the focus between the opportunities in the U.S. and Asia, frankly, versus Europe? Lee Simpson: Yeah. I mean, Europe's coming more into debate. It's more; people are willing to talk to some of the players. We've got other players in the analog space playing into that as well. But I think for me, if we take a step back and keep this at the global level, there's a huge debate now around what is the size of build out that we need for AI? What is the nature of the compute? What is the power pool? What is the power budgets going to look like in data centers? And Emmet will talk to that as well. So, all of that… Some of that argument's coming now and centering on Europe. How do they play into this? But for me, most of what we're finding people debate about – is a 20-25 gigawatt year feasible for [20]27? Is a 30-35 gigawatt for [20]28 feasible? And so, I think that's the debate line at this point – not so much as Europe in the debate. It's more what is that global pool going to look like? Paul Walsh: Yeah. This whole infrastructure rollout's got significant implications for your coverage universe… Lee Simpson: It does. Yeah. Paul Walsh: Emmet, it may be a bit tangential for the telco space, but was there anything you wanted to add there as it relates to this sort of agentic wave piece from a telco's perspective? Emmet Kelly: Yeah, there's a consensus view out there that telcos are not really that tuned into the AI wave at the moment – just from a stock market perspective. I think it's fair to say some telcos have been a source of funds for AI and we've seen that in a stock market context, especially in the U.S. telco space, versus U.S. tech over the last three to six months, has been a source of funds. So, there are a lot of question marks about the telco exposure to AI. And I think the telcos have kind of struggled to put their case forward about how they can benefit from AI. They talked 18 months ago about using chatbots. They talked about smart networks, et cetera, but they haven't really advanced their case since then. And we don't see telcos involved much in the data center space. And that's understandable because investing in data centers, as we've written, is extremely expensive. So, if I rewind the clock two years ago, a good size data center was 1 megawatt in size. And a year ago, that number was somewhere about 50 to 100 megawatts in size. And today a big data center is a gigawatt. Now if you want to roll out a 100 megawatt data center, which is a decent sized data center, but it's not huge – that will cost roughly 3 billion euros to roll out. So, telcos, they've yet to really prove that they've got much positive exposure to AI. Paul Walsh: That was an edited excerpt from my conversation with Adam, Emmet and Lee. Many thanks to them for taking the time out for that discussion and the live audience for hearing us out.We will have a concluding episode tomorrow where we dig into tech disruption and data center investments. So please do come back for that very topical conversation. As always, thanks for listening. Let us know what you think about this and other episodes by leaving us a review wherever you get your podcasts. And if you enjoy Thoughts on the Market, please tell a friend or colleague to tune in today.

Welcome back to another episode of Upside at the EUVC Podcast, where ⁠Dan Bowyer⁠,⁠ Mads Jensen⁠ of ⁠SuperSeed⁠, ⁠Lomax Ward⁠ of ⁠Outsized Ventures⁠⁠, and this week's guest Jone Vaituleviciute, Managing Partner at ⁠Firstpick⁠ VC, unpack the forces shaping venture across Europe and the Baltics.This week's conversation bridges Lithuania's booming early-stage scene and Europe's macro tensions — from defense investments and bootstrapping culture to Matt Clifford's call for “permissionless growth,” the rise of quant capital, and how Europe's AI reality is evolving fast.

Indonesian fintech unicorn Xendit is helping reshape Southeast Asia's payment landscape by offering Stripe-like infrastructure tailored to the region's unique challenges. In this episode of CNBC's "Beyond the Valley," Xendit co-founder and Chief Operating Officer Tessa Wijaya joins Arjun Kharpal at the Singapore Week of Innovation and Technology (SWITCH) to discuss unifying a fragmented payments system landscape, learning from her first startup in the food business and the challenge of moving the Asian payment market away from QR codes.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Guests: Endre Dingsør and Paal Hatledal Language: Norwegian Duration: 29:38 min  In this episode, Endre Dingsør from Choose European and Redpill Linpro's Paal Hatledal discuss the importance of choosing European tech services instead of overseas providers. Investing in domestic technology not only saves money but also strengthens local competence.  Endre and Paal highlight how companies often get locked into expensive licenses with little control over their costs. They also challenge the myth that "there are no alternatives" - there are plenty, but we must choose them. Don't miss this episode if you want to understand the risks of relying on non-European services and learn how to make better, more sustainable choices. Link to Choose European: https://www.choose-european.eu/ 

In 2018, venture capital firm Antler set up its headquarters in Singapore and has since invested in more than 1,300 startups. In this episode of CNBC's "Beyond the Valley," Antler founder and CEO Magnus Grimeland joins Arjun Kharpal at the Singapore Week of Innovation and Technology (SWITCH) to discuss why he backs great teams over trends, Asia's key role in AI development and why the AI hype is different from the dotcom bubble.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Welcome back to another episode of Upside at the EUVC Podcast, where ⁠Dan Bowyer⁠,⁠ Mads Jensen⁠ of ⁠SuperSeed⁠, ⁠Lomax Ward⁠ of ⁠Outsized Ventures⁠ and ⁠Andrew J Scott⁠ of ⁠7percent Ventures⁠, and Lomax unpack the forces shaping European venture capital.This week's conversation spans the spectrum, from AI moratoriums and political overreach to funding freezes, LP pullbacks, and the question of whether Europe still dares to dream big.The crew digs into whether regulation is protecting society or suffocating innovation, the chilling effect of capital retreat, and how optimism can be rebuilt amid macro fatigue.

American-Singaporean gaming giant Razer transformed the industry with its next generation hardware. Now, it wants to repeat that feat, but with artificial intelligence. In this episode, Razer co-founder and CEO Min-Liang Tan joins Beyond the Valley's Arjun Kharpal at the Singapore Week of Innovation and Technology (SWITCH) to discuss the nation's rising influence in Asia's tech industry, the future of esports and how AI will continue to play a bigger role in gaming.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Welcome to a new episode of the EUVC Podcast, where our good friends Dan Bowyer, Mads Jensen, Lomax Ward, and Andrew Beebe (Managing Director at Obvious Ventures) dig into the headlines shaping Europe's venture, policy, and tech future.This week, the crew dives deep into automation and AI's real-world impact:Amazon's plans to replace half a million jobs with robots, the question of whether AI can truly spark a new industrial revolution in Europe, the UK's new AI sandbox experiment, and an update on the long-awaited 28th Regime—the EU's bid for a unified startup entity.They also unpack China's automation surge, Europe's productivity crisis, and whether policy and politics are keeping pace with the technology curve.

Welcome to a new episode of the EUVC Podcast, where our good friends Dan Bowyer and Mads Jensen from SuperSeed are joined by Lomax Ward from Outsized Ventures and Ben Prade, investor & operator at Bullhound Capital (the investment arm of GP Bullhound), for an unfiltered look at Europe's venture reality: fundraising pain, secondaries-as-a-service, AI's power hunger, China's “dark factories,” and how Europe unlocks the capital to compete.Ben focuses on deep tech, AI, quantum, and space, and he brings a clear-eyed view on how liquidity, secondaries, and structural headwinds are reshaping the market.

With: Nicholas Nelson (Archangel) • Dan • Lomax • MadsTL;DW• Defence-first wins on capability and returns; primes are partners and channels.• Helsing: buys platforms/revenue for access; layers AI—different from Anduril's buy-TRL-tech + scale model.• Beyond drones: biggest gap/opportunity is tactical EW.• Procurement: more fast lanes (SOF, pilots); primes getting easier to work with.• AI: real profits exist (esp. NVIDIA), but value chain is fragile; expect a correction, not a collapse. Picking winners more important than timing.Content with Time Codes02:40 — Why defence-firstBeats dual-use on outcomes and returns; lifelong focus.04:32 — DefinitionsCustomer = MoDs + primes; aim: lethality/readiness and societal resilience. Beware “defence-washing”.06:37 — What's hotAvoid herd to drones only; counter-UAS, EW, human performance, deception, survivability.08:23 — Helsing buys GrobNeo-prime play: new co buys legacy manufacturing for platform access.10:42 — The two Defence M&A playbooksAnduril: buys mid-TRL tech (Area-I, Dive LD/Ghost Shark, Adranos) → scales via brand/distribution.Helsing: buys finished products/revenue (Mittelstand) → immediate customers; then add AI.14:25 — Prime status & capitalDistribution + capital to AI-enable platforms.17:47 — Roll-up vs buildNarrative “build”; execution “roll-up + build”.19:47 — Drones & ‘drone wall'Layered answer: blunt with drones, hold with conventional forces.21:49 — The big one: Electronic Warfare (EW)NATO underinvested; tactical EW is the unmet need; legacy kit is '80s/'90s.24:54 — Startup wedgePut EW at the edge (drones/aircraft/fixed) → near-term wins.26:33 — Baltic realismHistory, 2007–09 Estonia cyber, current incursions; likely Kaliningrad corridor.28:19 — Founder mistakesTech ≠ win by itself; experience + gov engagement matters; US analogue: top funds have IC/SOF DNA.30:43 —  Are there really only a “Few buyers?”Many real buyers inside a MoD/DoD (services, sub-units, innovation orgs).36:23 — Sovereignty & US primesUS strategics will buy abroad; Europe balancing autonomy with jobs/exits.41:07 — Starlink vs IRIS²Starlink's lead + cadence; IRIS² slower—watch timelines vs evolving threats.47:18 — AI bubble?Warnings vs fundamentals; self-funded capex; real profits.49:37 — NVIDIA ramp$4.4B (2023) → $73B this year; growth tempers multiples.51:48 — AI Circular money & marginsCursor → Anthropic → hyperscalers → NVIDIA; only NVIDIA mints big margins; margin pressure coming (new semis, China, SLMs).53:12 — Picking beats timingDot-com lesson: Cisco losses vs Amazon wins.54:19 — Capacity vs efficiencyCapex likely useful long-run, but open source squeezes costs.55:52 — Platform riskFrontier labs moving up-stack; vertical AI + trust + data = moat.58:58 — Base caseLikely correction (30–50%) at some point; timing is unknowable (not investment advice).

Cate and Chris recap a month of events, including IFA, the Bologna Gathering, LF Energy, IT Arena, and How to Web.Write your wayScrivener is the go-to app for writers of all kinds, used every day by best-selling novelists, screenwriters, non-fiction writers, students, academics, lawyers, journalists, translators and more.https://go.chrischinchilla.com/scrivenerThe AI writing tool with unparalleled story smartsSudowrite is an AI-powered writing assistant that helps you brainstorm, outline, and write your stories.https://go.chrischinchilla.com/sudowrite For show notes and an interactive transcript, visit chrischinchilla.com/podcast/To reach out and say hello, visit chrischinchilla.com/contact/To support the show for ad-free listening and extra content, visit chrischinchilla.com/support/ Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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, cover recent news and movements in the European tech landscape

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.

China has planned its remarkable rise with pragmatism. Host Llewellyn King and Co-host Adam Clayton Powell III speak with Pascal Coppens, a European tech entrepreneur and author, who lived in China for almost 20 years. His upcoming book is "China's Next Miracle: 100+ concrete tips to stay in the game as China redefines the innovation model."

Silicon Valley once dismissed Asia's tech scene as a land of copycats. Today, those same hubs are driving real innovation—and global investors are taking notice. One of them is B Capital, a venture capital firm managing over $9 billion across nine offices in the U.S. and Asia. In this episode, B Capital co-founder and co-CEO Raj Ganguly joins "Beyond the Valley" from Singapore to share which Asian markets excite them most and the three ways AI is reshaping the startup landscape.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Tom Wehmeier of Atomico took the stage to present the Achievement of the Year Award, offering a touching reminder of the power of community, storytelling, and persistence in building Europe's venture identity.Before diving into the award itself, Tom took a moment to pay tribute to the unsung heroes who make the EUVC Summit possible. Special thanks went to:Dan Taylor, Director of Content, whose voiceovers shaped the tone of the event's videos—even if he had to duck out early for a birthday party.Geraldine, for her tireless efforts behind the scenes, now rewarded with, in Tom's words, “a very well-earned glass of wine—or two, three, I don't mind!”It was a warm and human moment, reminding the audience that even in high-stakes venture circles, gratitude and team spirit are what truly drive momentum.Tom also took the opportunity to reflect on Atomico's long-standing effort to amplify the voice of the ecosystem—particularly through their widely circulated surveys and reports. He playfully acknowledged the flood of emails and DMs over the years, encouraging people to contribute to the State of European Tech report.But beyond the spam, the intent was serious:“It's been massively important to have the voice of tens of thousands of people shared and elevated… We're all here because we believe Europe needs to tell its story in a positive way.”The Achievement of the Year Award isn't just about one startup's exit or one investor's return—it celebrates initiatives that move the whole ecosystem forward. In a continent still carving out its narrative on the global venture stage, this recognition honors those who go beyond capital to inspire, build infrastructure, and create shared momentum.With that, Tom handed the mic back to Chris to announce the winner—but not before delivering a final rallying cry:“The need was great then. The need is even greater today.”Honoring the Builders Behind the ScenesThe Power of the Collective VoiceWhy This Award Matters

Welcome back to another episode of Upside at the EUVC Podcast, where Dan Bowyer, Mads Jensen of SuperSeed, Andrew J Scott of 7percent Ventures, and Lomax unpack the forces shaping European venture capital.This week, veteran journalist Mike Butcher (ex-TechCrunch Europe, The Europas, TechFugees) joins the pod. From the creator economy eating media brands, to Europe's fragmented ecosystem and the capital gap that just won't die, we dive into EU-Inc, Draghi's unfulfilled reforms, ASML's surprise bet on Mistral, Europe's defense awakening, Klarna's IPO, and quantum's hot streak.Here's what's covered:00:01 – Mike's ResetTechCrunch Europe closes; Mike reflects on redundancy, summer off, dabbling in social and video.03:00 – Media Evolution & Creator EconomyFrom '90s trade mags → TechCrunch → The Europas & TechFugees. Blogs as early social media; today's creators (MrBeast, Bari Weiss, Cleo Abram) echo that era. Bloomberg pushes reporters front and center as media becomes personality-driven.06:45 – Europe's Ecosystem & Debate CultureEurope isn't Silicon Valley's 101 highway — it's dozens of fragmented hubs. Conferences like Slush, Web Summit, VivaTech anchor the scene, but the missing ingredient is debate. US VCs spar on stage then grab a beer; Europe is still too polite.12:00 – All-In Summit DebriefMads' takeaways from LA: Musk on robotics (the “hand” bottleneck), Demis Hassabis on AGI (5–10 yrs away), Eric Schmidt on US–China AI race, Alex Karp on Europe's regulatory failures. The Valley vibe captured, but it's only one voice.17:00 – EU-Inc & Draghi ReportDraghi's 383 recommendations, just 11% implemented. €16T in pensions sit mostly in bonds; only 0.02–0.03% flows into VC (vs 1–2% in the US). Permitting bottlenecks: 44 months for energy approvals. Panel calls for a Brussels “crack unit,” employee stock option reform, and fixing skilled migration.35:00 – Deal of the Week: ASML × MistralASML leads a €2B round in Mistral at €11B valuation. Strategic and cultural fit (Netherlands ↔ Paris) mattered more than sovereignty. Mads: 14× revenue is a bargain vs US peers. Andrew: proof Europe's VCs are too small — corporates must fill the gap. Lomax: ASML knows it's a one-trick pony with 90% lithography share; diversifying into AI hedges risk.49:00 – Defense & Industrial BaseRussian drones hit Poland, NATO urgency spikes. UK pledges defense spend to 2.5% GDP by 2027, but procurement bottlenecks persist. Poland cuts red tape under fire; UK moves at peacetime pace. Andrew: real deterrence is industrial capacity. Mike: primes must be forced to buy from startups; dual-use innovators like Helsing show the way.59:00 – Klarna IPO & the Klarna MafiaKlarna IPOs at $15B (down from $46B peak). Oversubscribed; Sequoia nets ~$3.5B; Atomico 12M → 150M. A new “Klarna Mafia” of angels and operators will recycle liquidity back into Europe's ecosystem.01:03:00 – Quantum's Hot StreakPsiQuantum ($7B, Bristol roots), Quantinuum ($10B, Cambridge), IQM (Finland unicorn), Oxford Ionics' $1B exit. Europe has parity in talent but lacks growth capital. Lomax: “Quantum is hot, but a winter will come.” Andrew: Europe can win here — if the money shows up.01:05:00 – Wrap-upThe pod ends on optimism: Europe may not own AGI, but in quantum it has a fair fight.

It is no surprise that for decades the US has reigned supreme when it comes to early stage tech dealmaking. Its risk appetite, coast to coast funding options, integrated market and policy support has created a perfect environment for would-be entrepreneurs to find funding and grow their companies into global tech titans. But, there is no shortage of investable tech firms in the EU. From 2019-2024 the continent generated more high tech startups than the US every year, yet the US had four times more deal value in 2024, $209bn to Europe's $62bn. Europe can create its own tech giants but to do so it needs to rebalance its venture funding environment to support the next generation of startups. Marie Gwenhaelle Geffroy, Head of Growth Capital & Solutions, Corporate and Institutional Banking at BNP Paribas discusses the strengths of Europe's tech industry and the role that banks play in funding the next generation of talent in Europe. Ben Blume, Partner at Atomico, highlights where European Venture funding is going, what Europe's strengths are and how we can compete with the US. Niklas Radner, Co-Founder & CEO at Nelly, gives insight into launching a tech start up in Germany, and the lessons learnt through his funding rounds.Sources: FT Resources, CEPS, KPMG, Atomico, Dealroom, Houlihan Lokey, Investment CouncilThis content is paid for by BNP Paribas and is produced in partnership with the Financial Times' Commercial Department. Hosted on Acast. See acast.com/privacy for more information.

In this episode, Andreas Munk Holm speaks with Dom Hallas, Executive Director of the UK's Startup Coalition, to explore how the organization is influencing policy at the intersection of startups, venture capital, and government. From immigration reform to capital access and regulatory red tape, Dom brings a candid view on what it takes to create real impact for founders across Europe.They dive into the power of founder-first advocacy, the evolving lobbying landscape in Europe, and the urgent need for a united tech voice across the continent.Here's what's covered:01:10 Why Policy is a Competitive Sport03:42 GDPR, Brussels & Lessons from Tech Regulation05:12 What is the Startup Coalition & Who Funds It?07:13 The Three Buckets: Talent, Capital, Regulation11:20 Why Founders Need Their Own Voice in Politics16:31 Making Advocacy Fun, Human & Effective17:56 What Startups Can Learn from Farmers21:30 Time Horizons & Playbooks in Policy Work26:18 How the Coalition Sets its Agenda31:46 A Crossroads for European Tech35:46 The Current Policy Agenda: Talent, Finance & Reg43:27 Funding the Underfunded: Inclusion as Policy47:01 Regulation That Clears the Way for the Next Thing

At the EUVC Summit 2025, Tom Wilson took the stage to highlight something we often overlook when talking about Europe's breakout tech stories:“The real engine of growth isn't just the unicorns. It's what happens after.”Tom opened with a striking stat:“Over 2,000 startups have been founded by alumni of just 250 European unicorns.”This ripple effect—beautifully documented in the Atomico State of European Tech report—is the unsung compounding force in our ecosystem. Each breakout company doesn't just create returns—it creates founders. And each founder then builds the next set of teams, products, and outcomes.“Tech is right at the heart of Europe's growth story. It's what drives jobs, resilience, and momentum.”While the flywheel is turning, one spoke is still weak: liquidity.“The recycling of capital is still too thin across the ecosystem.”Without steady exits—IPOs, large acquisitions, secondary markets—we limit:Angel reinvestmentEmerging manager formationOperator talent flowing back into early-stage companiesTom called for more policy, infrastructure, and cultural support to celebrate exits—not just fundraises—and to empower alumni to give back as investors, advisors, or future founders.Tom also made a powerful point about non-linear outcomes.“Not every startup becomes a unicorn. But the people who build them still carry value—and often show up in the next big story.”He cited examples of founders who, after shutdowns, joined early teams at Revoo, Vizier, and other category leaders—and played crucial roles in their success.This isn't just resilience. It's how ecosystems mature.“We need to do more to recognize and encourage the second act: the angels, the early hires, the operators who cycle back in.”Because Europe's breakout companies aren't just wins.They're launchpads for the next generation.And every reinvested euro—and recycled founder—keeps the flywheel spinning faster.2,000 Startups Later: The Alumni EffectWhat's Still Missing? Liquidity.Failures That Feed the FutureFinal Message: Celebrate the Cycle

Welcome back to another episode of Upside at the EUVC Podcast, where Dan Bowyer, Mads Jensen of SuperSeed, and Lomax unpack the forces shaping European venture capital.This week: Can Europe build a “VC Alliance” like the US and India? Why pensions remain the missing piece of Europe's capital markets. Gold, bonds, and macro risk: what really matters for startups. Google's antitrust reprieve, the UK's “middling AI power,” and how Europe should play catch-up. Plus: Xi Jinping's military parade, why manufacturing supremacy is destiny, and quantum's hot streak in Europe.Here's what's covered:00:01 Europe's VC Alliance? Lessons from the US–India deeptech pact00:06 Europe's Capital Gap: pensions, late-stage funding, and IPO droughts00:09 Macro Forces: gold, bonds, deficits, and what founders should care about00:24 Google's Antitrust Ruling: no breakup, just data-sharing00:29 The UK's Middling AI Power: Eisenberg supercomputer & Europe as a “power user”00:34 Tesla, humanoid robots, and China's military parade00:41 Europe's Defense & Industrial Base: what's at stake00:44 Deal of the Week: Quantum computing's billion-dollar moment00:46 Looking Ahead: All-In Summit, new funds, and Lisbon reflections

Broadcasting from Florence and Los Angeles, I Had One of Those Conversations...You know the kind—where you start discussing one thing and suddenly realize you're mapping the entire landscape of how different societies approach technology. That's exactly what happened when Rob Black and I connected across the Atlantic for the pilot episode of ITSPmagazine Europe: The Transatlantic Broadcast.Rob was calling from what he optimistically described as "sunny" West Sussex (complete with biblical downpours and Four Seasons weather in one afternoon), while I enjoyed actual California sunshine. But this geographic distance perfectly captured what we were launching: a genuine exploration of how European perspectives on cybersecurity, technology, and society differ from—and complement—American approaches.The conversation emerged from something we'd discovered at InfoSecurity Europe earlier this year. After recording several episodes together with Sean Martin, we realized we'd stumbled onto something crucial: most global technology discourse happens through an American lens, even when discussing fundamentally European challenges. Digital sovereignty isn't just a policy buzzword in Brussels—it represents a completely different philosophy about how democratic societies should interact with technology.Rob Black: Bridging Defense Research and Digital RealityRob brings credentials that perfectly embody the European approach to cybersecurity—one that integrates geopolitics, human sciences, and operational reality in ways that purely technical perspectives miss. As UK Cyber Citizen of the Year 2024, he's recognized for contributions that span UK Ministry of Defense research on human elements in cyber operations, international relations theory, and hands-on work with university students developing next-generation cybersecurity leadership skills.But what struck me during our pilot wasn't his impressive background—it was his ability to connect macro-level geopolitical cyber operations with the daily impossible decisions that Chief Information Security Officers across Europe face. These leaders don't see themselves as combatants in a digital war, but they're absolutely operating on front lines where nation-state actors, criminal enterprises, and hybrid threats converge.Rob's international relations expertise adds crucial context that American cybersecurity discourse often overlooks. We're witnessing cyber operations as extensions of statecraft—the ongoing conflict in Ukraine demonstrates how narrative battles and digital infrastructure attacks interweave with kinetic warfare. European nations are developing their own approaches to cyber deterrence, often fundamentally different from American strategies.European Values Embedded in Technology ChoicesWhat emerged from our conversation was something I've observed but rarely heard articulated so clearly: Europe approaches technology governance through distinctly different cultural and philosophical frameworks than America. This isn't just about regulation—though the EU's leadership from GDPR through the AI Act certainly shapes global standards. It's about fundamental values embedded in technological choices.Rob highlighted algorithmic bias as a perfect example. When AI systems are developed primarily in Silicon Valley, they embed specific cultural assumptions and training data that may not reflect European experiences, values, or diverse linguistic traditions. The implications cascade across everything from hiring algorithms to content moderation to criminal justice applications.We discussed how this connects to broader patterns of technological adoption. I'd recently written about how the transistor radio revolution of the 1960s paralleled today's smartphone-driven transformation—both technologies were designed for specific purposes but adopted by users in ways inventors never anticipated. The transistor radio became a tool of cultural rebellion; smartphones became instruments of both connection and surveillance.But here's what's different now: the stakes are global, the pace is accelerated, and the platforms are controlled by a handful of American and Chinese companies. European voices in these conversations aren't just valuable—they're essential for understanding how different democratic societies can maintain their values while embracing technological transformation.The Sociological Dimensions Technology Discourse MissesMy background in political science and sociology of communication keeps pulling me toward questions that pure technologists might skip: How do different European cultures interpret privacy rights differently? Why do Nordic countries approach digital government services so differently than Mediterranean nations? What happens when AI training data reflects primarily Anglo-American cultural assumptions but gets deployed across 27 EU member states with distinct languages and traditions?Rob's perspective adds the geopolitical layer that's often missing from cybersecurity conversations. We're not just discussing technical vulnerabilities—we're examining how different societies organize themselves digitally, how they balance individual privacy against collective security, and how they maintain democratic values while defending against authoritarian digital influence operations.Perhaps most importantly, we're both convinced that the next generation of European cybersecurity leaders needs fundamentally different skills than previous generations. Technical expertise remains crucial, but they also need to communicate complex risks to non-technical decision-makers, operate comfortably with uncertainty rather than seeking perfect solutions, and understand that cybersecurity decisions are ultimately political decisions about what kind of society we want to maintain.Why European Perspectives Matter GloballyEurope represents 27 different nations with distinct histories, languages, and approaches to technology governance, yet they're increasingly coordinating digital policies through EU frameworks. This complexity is fascinating and the implications are global. When Europe implements new AI regulations or data protection standards, Silicon Valley adjusts its practices worldwide.But European perspectives are too often filtered through American media or reduced to regulatory footnotes in technology publications. We wanted to create space for European voices to explain their approaches in their own terms—not as responses to American innovation, but as distinct philosophical and practical approaches to technology's role in democratic society.Rob pointed out something crucial during our conversation: we're living through a moment where "every concept that we've thought about in terms of how humans react to each other and how they react to the world around them now needs to be reconsidered in light of how humans react through a computer mediated existence." This isn't abstract philosophizing—it's the practical challenge facing policymakers, educators, and security professionals across Europe.Building Transatlantic Understanding, Not DivisionThe "Transatlantic Broadcast" name reflects our core mission: connecting perspectives across borders rather than reinforcing them. Technology challenges—from cybersecurity threats to AI governance to digital rights—don't respect national boundaries. Solutions require understanding how different democratic societies approach these challenges while maintaining their distinct values and traditions.Rob and I come from different backgrounds—his focused on defense research and international relations, mine on communication theory and sociological analysis—but we share curiosity about how technology shapes society and how society shapes technology in return. Sean Martin brings the American cybersecurity industry perspective that completes our analytical triangle.Cross-Border Collaboration for European Digital FutureThis pilot episode represents just the beginning of what we hope becomes a sustained conversation. We're planning discussions with European academics developing new frameworks for digital rights, policymakers implementing AI governance across member states, industry leaders building privacy-first alternatives to Silicon Valley platforms, and civil society advocates working to ensure technology serves democratic values.We want to understand how digital transformation looks different across European cultures, how regulatory approaches evolve through multi-stakeholder processes, and how European innovation develops characteristics that reflect distinctly European values and approaches to technological development.The Invitation to Continue This ConversationBroadcasting from our respective sides of the Atlantic, we're extending an invitation to join this ongoing dialogue. Whether you're developing cybersecurity policy in Brussels, building startups in Berlin, teaching digital literacy in Barcelona, or researching AI ethics in Amsterdam, your perspective contributes to understanding how democratic societies can thrive in an increasingly digital world.European voices aren't afterthoughts in global technology discourse—they're fundamental contributors to understanding how diverse democratic societies can maintain their values while embracing technological change. This conversation needs academic researchers, policy practitioners, industry innovators, and engaged citizens from across Europe and beyond.If this resonates with your own observations about technology's role in society, subscribe to follow our journey as we explore these themes with guests from across Europe and the transatlantic technology community.And if you want to dig deeper into these questions or share your own perspective on European approaches to cybersecurity and technology governance, I'd love to continue the conversation directly. Get in touch with us on Linkedin! Marco CiappelliBroadcasting from Los Angeles (USA) & Florence (IT)On Linkedin: https://www.linkedin.com/in/marco-ciappelliRob BlackBroadcasting from London (UK)On Linkedin https://www.linkedin.com/in/rob-black-30440819Sean MartinBroadcasting from New York City (USA)On Linkedin: https://www.linkedin.com/in/imsmartinThe transatlantic conversation about technology, society, and democratic values starts now.

Welcome back to another episode of Upside at the EUVC Podcast, where Dan Bowyer, Mads Jensen of SuperSeed, and this week's guest Andreas from EUVC unpack what's happening in European venture capital.This week: Nvidia's meteoric rise (and first signs of slowdown), Apple's clash with UK regulators, and why regulators may be fighting yesterday's battles. Plus: Trump's Intel equity grab, whether governments should hold stakes in strategic industries, and what Europe can learn from Airbus and Ørsted. Finally, what digital sovereignty really means for Europe in an age of AI, energy bottlenecks, and geopolitical dependency.Here's what's covered:00:01 Nvidia's Reality Check: From 20% of Nasdaq to slowing 5% quarterly growth.00:06 Apple vs UK Regulators: The 30% “Apple tax” and post-Brexit CMA ambitions.00:13 Competition vs Regulation: Why IBM and Microsoft fell by creative destruction, not regulators.00:21 Trump's Intel Shakedown: Retroactive equity grabs and should states take stakes?00:29 Europe's State Aid Constraints: Airbus, Ørsted, and why Europe can't do national champions like the US or China.00:36 The UK Buying AI: £573M in H1 government contracts, Microsoft & Palantir dominance.00:49 Defining Sovereignty: Europe's dependency on US tech and Chinese production.00:57 Europe's Luxury Beliefs: Outsourcing energy, defense, and manufacturing — and why pension reform is key.01:02 Closing Takeaways: Sovereignty is more than regulation — it's about competing, investing, and not being naïve.

Welcome back to another episode of Upside at the EUVC Podcast, where Dan Bowyer, Mads Jensen of SuperSeed and this week's special guest Joe Knowles from Smedvig Ventures unpack what's happening in European venture capital.This week: Are we doomed to lag the US in wealth creation or is Europe finally closing the gap? Why a record $100B of M&A matters for exits and recycling capital, and how founders should think about selling vs going for gold. Plus: Porsche & Deutsche Telekom anchoring a €500M defence fund as Germany drops its taboos, the scramble for cheap energy and battery breakthroughs, and what GPT-5, Perplexity, and Nvidia tariffs tell us about Europe's place in the AI race.Here's what's covered:00:48 US vs Europe in Wealth Creation: Compounders, unicorns, and Europe's capital efficiency.09:07 Late-Stage Funding Gap: Why pensions and IPO markets hold Europe back.17:36 M&A is Back: Google's $32B Wiz deal, Windsurf drama, and Europe's “second tier” opportunity.25:52 Why Exits Matter: Recycling capital and the venture flywheel.27:09 Defence Tech Goes Mainstream: Porsche, DT, EIF and Germany's cultural shift.36:18 The Ethics Question: Dual use, deterrence, and uncomfortable truths.41:22 Energy Corner: Lithium recycling, sodium-ion batteries, and Europe's 4x US energy costs.46:44 AI Needs Power: Grid bottlenecks, red tape, and planning reform urgency.51:10 GPT-5 Launch: Unified model, user backlash, and coding benchmarks.54:37 Perplexity vs Chrome: PR stunt or regulatory opening?58:32 Chip Wars: Nvidia tariffs, Huawei delays, and why Europe needs Chips Act 2.0.1:05:59 Shoutout to Italy: Record €655M H1 startup funding.

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: Why Series A in Europe now often means “multi-seed” and what founders should do about it, Germany's €100B industrial policy push and whether it can actually deliver, and the Bank of England's rate cut as a red flare for the economy. Plus: the OECD's warning on corporate underinvestment, why the EU's Chips Act 2.0 risks missing the AI boom, and the latest in the global AI race from GPT-5 rumours to billion-dollar raises. Also: Clay's $100M relationship-intelligence war chest, N8N's unicorn momentum, and a Spanish autonomous tractor that's rewriting farm economics.

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: Why Meta and Microsoft are minting cash from AI, what Figma's IPO signals for SaaS, whether the EU got rolled in its new trade deal with the US, and how Europe's AI scene is finally delivering billion‑dollar exits. Plus: OpenAI's new “Study Mode” and Harry Stebbings' Project Europe—an “anti‑YC” deep‑tech accelerator for founders under 25.

Welcome back to another episode of the EUVC Podcast, your trusted inside track on the people, deals, and dynamics shaping European venture. This week marks a major milestone — Episode 50! To celebrate, Dan Bowyer, Mads Jensen of SuperSeed and Lomax from Outsized Ventures, and Andrew J. Scott return to unpack the headlines and trends shaping the European tech landscape.From the UK government's OpenAI partnership and what it means, to the missed boat on stablecoins, and to AI outperforming the brightest minds in math—this episode cuts deep into the future of tech, sovereignty, and competitiveness in Europe.Whether you're a founder navigating policy shifts, an investor eyeing infrastructure plays, or just an AI-curious policy wonk—this one's for you.Here's what's covered00:00 | Celebrating Episode 50The gang reflects on hitting a podcasting milestone and shares quick updates from Denmark, Paris, and a beachside founder retreat.03:30 | OpenAI x UK Government: A Real Deal?The UK's MOU with OpenAI is meant to boost public sector productivity—but is it too flimsy to matter? The hosts debate if this partnership is toothless signaling or meaningful progress.06:00 | Can AI Actually Transform Public Services?From “Humpfree the Chatbot” to NHS waitlists, the panel weighs in on the real-world use cases, and how opt-in AI diagnostics could solve the NHS backlog.09:30 | The Bigger Picture: AI Sovereignty and StrategyWith the UK relying on US players (OpenAI, Anthropic, Nvidia), are we compromising our digital sovereignty? Andrew drops the big question: Is this the modern equivalent of exporting raw strategic resources?14:00 | US vs UK AI Plans: Build, Baby, Build vs. Think, Baby, ThinkThe team compares the UK's thoughtful “consultancy-style” AI strategy with the US's aggressive, deregulatory action plan—complete with eagles and executive orders.19:00 | Policy Recommendations from the PodFrom national compute backbones and Buy-UK mandates to AI visa fast-tracks and sovereign LLMs — the panel proposes big ideas Europe should act on today.25:00 | Stablecoins: UK's Missed OpportunityWhile Japan, Singapore, and the US regulate stablecoins, the UK is just starting consultations. Why? And what's at stake?30:00 | Dollar Dominance ReinventedMads explains how stablecoins are reinforcing US economic control — and how UK hesitation risks long-term relevance in fintech.34:00 | Ideas for UK Leadership in StablecoinsCould interest-bearing stablecoins become London's new edge? Could we reclaim fintech innovation by embracing DeFi rails?38:00 | AI Wins Gold at the Maths OlympiadGoogle's DeepMind and OpenAI hit gold-level scores at the IMO. The gang discusses the leap in AI's creative reasoning and what it means for R&D, drug discovery, and Europe's scientific leadership.43:00 | Should Europe Build Its Own Sovereign Research Hub?From CERN-for-AI to training sovereign models, the crew asks whether public sector moonshots are the right way to compete.48:00 | Deal of the Week: Eurazeo's €650M Fund for AI ScaleupsIn a capital-constrained landscape, Eurazeo closes a rare growth fund to back Europe's AI champions.50:00 | Wildcard: AI vs. RaccoonsAndrew shares a niche but hilarious use case for computer vision AI: keeping raccoons out of houses. No joke.

In this episode, Cate and Chris discuss some of the recent downsizing of European tech media and ask how we got here, what's next, and what does it all mean for the European tech industry.Try RaycastWant to improve your productivity on macOS with a Shortcut to everything? Try Raycast, and get 10% off with the link, go.chrischinchilla.com/raycast.Learn something new with a book or course from ManningStart today with learning something new or up-skilling, get 30% of ANYTHING at manning.com by visiting go.chrischinchilla.com/manning For show notes and an interactive transcript, visit chrischinchilla.com/podcast/To reach out and say hello, visit chrischinchilla.com/contact/To support the show for ad-free listening and extra content, visit chrischinchilla.com/support/

Welcome back to another episode of the EUVC Podcast, your trusted inside track on the people, deals, and dynamics shaping European venture.This week, Dan Bowyer and Mads Jensen of SuperSeed and Lomax from Outsized Ventures, gather to unpack the macro forces and micro signals shaping European tech and venture.They dive into the EU's latest corporate structure reforms, the battle with resistant notaries, and the implications for startup formation and cross-border investing. Then it's onto LLM innovation in China, valuation exuberance in AI, and the strategic shifts in capital allocation. The group finishes by zooming out on macro policy, sovereignty debates, and a cautious optimism for European tech.Whether you're an investor, founder, or policymaker trying to navigate Europe's choppy regulatory waters — this one's for you.Here's what's covered02:00 | Startup law, friction, and EU Inc.06:30 | The SAFE envy09:30 | Founders as fund managers — and vice versa12:00 | From Pink Floyd to trillion-parameter models17:30 | Capital efficiency and compute arbitrage21:00 | UK startup ecosystem: a shadow of its former self?25:00 | Fundraising cycles and trapped capital28:00 | D2C health — a comeback?31:00 | Crypto week in Europe?35:00 | Macro clouds and haven-hunting

A new round of layoffs at Microsoft has reignited a growing debate: is artificial intelligence beginning to replace human workers? CNBC's Arjun Kharpal and Steve Kovach sit down with tech journalist Michal Lev-Ram to explore whether AI is truly taking our jobs—or simply reshaping the workforce. From Silicon Valley's multi-million dollar talent wars to "vibe coding" the next billion-dollar startup, this episode unpacks what the tech means for your career, your boss and the future of work.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Why do Europe's brightest founders still feel forced to leave for Silicon Valley—no matter how much money or talent we pour into the region? Every year, ambitious startups across Europe and CEE struggle to scale—not for lack of ideas, but because of invisible barriers that keep global success out of reach.Is it really just about capital—or is there a deeper mindset and playbook that only a handful of founders ever discover?In this episode, venture insider Enis Hulli (General Partner at e2vc, investor in 40+ startups, 3 unicorns, and builder of bridges from Istanbul to the Bay) pulls back the curtain on the real reasons US-based startups keep winning—and how founders from Turkey, Eastern Europe, and beyond can finally turn the tables.

Welcome back to another episode of the EUVC Podcast, your trusted inside track on the people, deals, and dynamics shaping European venture.This week, Dan Bowyer and Mads Jensen of SuperSeed and Lomax from Outsized Ventures, gather to unpack the macro forces and micro signals shaping European tech and venture.They unpack the defense boom powering Europe's deep tech surge — and ask whether startups should rush in or sit this wave out. They break down OpenAI's next big product moves, the battle for browser dominance, and whether we're already at peak LLM. They ask if working from home quietly kills startup culture (and what actually keeps it alive). And they check in on Trump's tariffs, Europe's big tech fines, and the resilience playbook that's pulling startups deeper into geopolitics.If you're investing, building, or just trying to make sense of where Europe's venture scene goes next — this one's for you.Here's what's covered02:00 | The defense boom: Europe's rearmament momentHow Germany has overtaken the UK in startup funding for the first time — and why defense, dual-use, and resilience are fueling the deep tech wave.04:50 | Moral lines: should you build in defense?Mads, Lomax and Andrew debate whether there's an ethical red line — and if Europe's founders should follow the money or sit this one out.08:40 | Peak LLM? OpenAI launches a browserIs OpenAI eating Google's lunch? Mads explains why a new browser isn't just a gimmick — it's a data moat and a massive ad market play.12:00 | The new search wars & what founders should doLomax breaks down how SEO is dead — GEO (generative engine optimization) is in. Why this shift is reshaping startup distribution playbooks.15:30 | Grok 4, Elon & the next frontierMads explains how Musk's Grok leapfrogged benchmarks — and why the next LLM battle is all about compute, data quality, and Nvidia's $4T edge.18:50 | Does working from home kill culture?Are great companies built on Slack or in person? The crew unpacks why strong culture is more than values on a wall — and why the best teams come together.25:00 | Trump's tariffs: a real threat or priced in?Why markets barely shrug at Trump's latest trade threats — and what selective escalation could mean for European startups this autumn.29:00 | UK startup stats: steady but smallEight billion raised, a handful of unicorns minted — but the US is still 20x bigger. Why the same structural issues keep the UK from scaling like Silicon Valley.33:15 | Big Tech vs Europe: do the fines matter?From DMA penalties to encrypted chat backdoors, the team debates whether Brussels' big fines work — and who really pays the price.38:10 | Deal of the Week: Eutelsat's €1.35B resilience playWhy Europe's sovereign satellite champion matters — and why Lomax wants them to rebrand fast.

Welcome back to another episode of the EUVC Podcast, your trusted inside track on the people, deals, and dynamics shaping European venture.This week, Dan Bowyer and Mads Jensen of SuperSeed and Lomax from Outsized Ventures, gather to unpack the macro forces and micro signals shaping European tech and venture.They sit down to break down the two sides of the IPO market: the soaring optimism behind Figma's public debut — and the deep freeze that's hit London listings harder than at any time since before the dot-com crash.They also unpack what Figma's $730M paper loss means, how vertical AI is the next generation of SaaS, and what the UK must fix to stand a chance in the global listings race.If you're investing, building, or just trying to make sense of the markets this summer — this one's for you.Here's what's covered02:30 | AI infra's moment & CoreWeave hypeWhy infra plays like CoreWeave and Circle have the market buzzing — but vertical AI is where the next SaaS returns lie.04:50 | Figma's $730M paper loss explainedMad breaks down the headline figure, the failed Adobe deal, the FTC veto, and why this IPO is about fundamentals — not hype.08:20 | Tender offer drama & employee moraleHow Figma's $20B exit fizzled — and the May 2024 tender to keep teams motivated ahead of listing.12:00 | Figma as a bellwether for design & vertical AIWhy product-led SaaS is shifting toward deep vertical AI workflows — and what that means for investors.15:45 | London: the slowest IPO H1 in nearly 30 yearsCounter to the US's $9B+ haul in 12 deals, London managed just $160M across five listings. A brutal gap.18:10 | Worse than dot-com. Worse than ‘08.Dan & Mad put the numbers in perspective: this is the weakest stretch since before many listeners were born.26:15 | Dual-class shares & free float: too little too late?Why tweaking share classes & float minimums is more copy-paste than innovation — and not the real fix.35:20 | The ESG paradox & listing tensionWhere does London's ESG edge help — and where does it push big companies abroad?40:15 | US vs UK capital markets: talent, trust & scaleWhy founders and funds still flock to New York — and the structural advantages London must address.44:30 | Can London fight back?What would it actually take to make London relevant again for growth listings? Dan's realist take.50:00 | Lessons from Figma for foundersWhy strong fundamentals still matter — and how the tender saga shows the cost of employee trust.55:00 | The vertical AI playbook: Europe's edge?Where Europe's sector expertise might win if it can get capital markets working again.

Welcome to a new episode of the EUVC podcast, where Dan Bowyer and Mads Jensen of SuperSeed and Lomax from Outsized Ventures, gather to unpack the macro forces and micro signals shaping European tech and venture.This week, the trio tackles one of the most geopolitically charged, capital-heavy, and morally complex episodes yet:

Welcome to a special emergency episode of the EUVC podcast, where Andreas Munk Holm sits down with Cathy White founder of CEW Communications and her star colleague and former tech.eu managing editor Dan Taylor —two of the most plugged-in voices in European tech media —to dissect the shocking news of TechCrunch Europe's closure and what's ahead.In this raw and real conversation, they unpack:Why TechCrunch's downfall signals something bigger in mediaWhat the rise of AI means for journalists, PR pros, and founders alikeAnd how Europe's startup ecosystem can—and must—take charge of its narrativeFrom the role of creators and newsletters to the shift from SEO to “LEO,” this one's for anyone building in, writing about, or pitching European tech.Here's what's covered:00:10 The Impact of TechCrunch's Closure on European Media06:33 The Future of Media in Europe10:30 The Rise of Entrepreneurial Journalism15:46 Navigating the New Media Landscape for Startups18:06 The Shift from SEO to LEO in Media Strategy23:13 Making Complex Ideas Accessible27:18 The Role of PR in the Age of AI29:31 The Importance of Human Touch in AI33:12 AI's Impact on Content Creation and Journalism39:37 The Future of Journalism and New Publications

Send us a textIn this episode, we explore global private equity dynamics—from geopolitical risks in Europe to high-potential tech opportunities and operational efficiencies in Asia and beyond. Our guests dive into undervalued European tech assets, cross-border investment strategies, and how software, AI, and cybersecurity are transforming private companies. We also break down the CAT framework: Cybersecurity, AI, and Talent—and how they impact valuations and portfolio performance. Finally, we discuss digital fundraising, tokenization, and how digitization is reducing costs and unlocking liquidity for smaller businesses worldwide.Whether you're investing in tech, real estate, or global markets, this episode is packed with timely insights and actionable strategies.

Welcome to a new episode of the EUVC podcast, where Dan Bowyer and Mads Jensen of SuperSeed and Lomax from Outsized Ventures gather to unpack the macro forces and micro signals shaping European tech and venture.This week, the trio tackles one of the most geopolitically charged, capital-heavy, and morally complex episodes yet:The global reshuffling of power: Israel, Iran, Russia, and UkraineWhy defense is back—and what it means for VCsEurope's space ambitions and what the ESA's new satellite project signalsChina's trade plays and Europe's vulnerability in rare earthsAI, IPOs, and why founders might want to stay private longerSurgical robots, ambient AI, and who's building the future of healthcarePlus: Daniel Ek gets flak, SPACs sneak back, and why VCs are now speed-running $15B deals in one week.Here's what's covered:02:00 War & Markets: Iran, Israel, oil prices & Bank of England holds06:00 Defense Budgets: Why Europe is (finally) spending10:00 VC Taboo: Why investing in weapons gets complicated fast15:00 EIF Restrictions: Sex, gambling, and no defense20:00 The Rise of Helsing: Europe's $12B defense unicorn24:00 Strategic Autonomy: Europe's new military satellite constellation30:00 ESA vs. Starlink: Earth observation gets serious34:00 China, Trade Wars & Rare Earths: Why Europe's exposed40:00 EU-US Tariffs & Trump's Pharma Threat42:00 IPO Boom: Chime, Circle, and the SPAC comeback47:00 CMR Surgical: UK's $4B robot exit—is that enough?53:00 Lessons from Intuitive Surgical & deeptech M&A56:00 Deal of the Week: Nabla's AI for clinicians, Helsing, and Scale AI's lightning-fast cash01:02:00 Founders in Government: Alex DePledge & Matt Clifford's impact01:05:00 Meta's AI Transfers: Zuck goes full football transfer window

Welcome to a new episode of the EUVC podcast, where Dan Bowyer and Mads Jensen of SuperSeed and Lomax from Outsized Ventures gather to unpack the macro forces and micro signals shaping European tech and venture.This week, the trio dive into:Why cyber preparedness is a growing boardroom concernThe overlooked fragility of Europe's energy systemsHow automation, AI, and policy are colliding in the UKEurope's capital gap—and the uncomfortable truth behind itPlus: OpenAI margins, startup resilience, and robotaxis in LondonHere's what's covered:02:00 Cybercrime as a Macro Risk: Are We Sleepwalking into Crisis?06:10 Iberian Blackouts & Energy Fragility09:00 Immutable Ledgers, AI & Infrastructure Resilience11:15 UK's £2B AI Action Plan: Where's the Real Bravery?14:20 Nuclear Woes: The True Cost of Delay17:40 Marginal Cost Pricing & the Renewable Conundrum20:30 Tesla's Robotaxi Vision & a $40K Price Tag22:00 Wave x Uber Deal: Level 4 Autonomy Comes to the UK24:00 Brexit's AV Dividend? The UK Races Ahead of the EU26:30 Europe's Capital Gap: Funding or Fundamentals?29:00 OpenAI's Gross Margins & Startup Implications31:30 Incumbents Strike Back: Why Big Tech Moved Faster34:00 Startup Opportunity in the Next Wave of AI35:40 European vs. US Startup DNA: Who's Built to Win?37:30 Final Thoughts & Condolences on Global Tragedies

Lawfare Contributing Editor Renée DiResta sits down with Daphne Keller, Director of the Program on Platform Regulation at Stanford University's Cyber Policy Center; Dean Jackson, Contributing Editor at Tech Policy Press and fellow at American University's Center for Security, Innovation, and New Technology; and Joan Barata, Senior Legal Fellow at The Future of Free Speech Project at Vanderbilt University and fellow at Stanford's Program on Platform Regulation, to make European tech regulation interesting. They discuss the European Union's Disinformation Code of Practice and its transition, on July 1, from voluntary framework co-authored by Big Tech, to legally binding obligation under the Digital Services Act (DSA). This sounds like a niche bureaucratic change—but it's provided a news hook for the Trump Administration and its allies in far-right parties across Europe to allege once again that they are being suppressed by Big Tech, and that this transition portends the end of free speech on the internet.Does it? No. But what do the Code and the DSA actually do? It's worth understanding the nuances of these regulations and how they may impact transparency, accountability, and free expression. The group discusses topics including Senator Marco Rubio's recent visa ban policy aimed at “foreign censors,” Romania's annulled election, and whether European regulation risks overreach or fails to go far enough.For more on this topic:Hate Speech: Comparing the US and EU ApproachesThe European Commission's Approach to DSA Systemic Risk is Concerning for Freedom of ExpressionThe Far Right's War on Content Moderation Comes to Europe Regulation or Repression? How the Right Hijacked the DSA DebateLawful but Awful? Control over Legal Speech by Platforms, Governments, and Internet UsersThe Rise of the Compliant Speech PlatformThree Questions Prompted by Rubio's Threatened Visa Restrictions on ‘Foreign Nationals Who Censor Americans'Will the DSA Save Democracy? The Test of the Recent Presidential Election in RomaniaTo receive ad-free podcasts, become a Lawfare Material Supporter at www.patreon.com/lawfare. You can also support Lawfare by making a one-time donation at https://givebutter.com/lawfare-institute.Support this show http://supporter.acast.com/lawfare. Hosted on Acast. See acast.com/privacy for more information.

Welcome to a new episode of the EUVC podcast, where Dan Bowyer and Mads Jensen of SuperSeed and Lomax from Outsized Ventures gather to unpack the macro forces and micro signals shaping European tech and venture.This week, the trio dive into:Why Europe's fiscal firepower could be its unfair advantageThe growing exodus of IPOs from the UK to the USStrategic defense investment—can the UK move the needle?How AI and capital markets are collidingAnd yes, we close on psychedelics and patient-first biotech breakthroughsHere's what's covered:02:15 Europe's Fiscal Advantage: Why Better Balance Sheets Matter for Innovation07:00 The Return of Low Rates: What It Means for Startups11:20 London vs. New York: The IPO Drain17:00 Why Capital Leaves: Liquidity, Coverage & the Search for Growth21:30 Rebuilding the UK Market: The Case for LP Allocation Reform25:50 Beyond IPOs: The Full-Stack Capital Problem30:40 AI and Lawsuits: Welcome to the New Frontier33:10 Defense Tech Heats Up: Drones, AI & Strategic Capital38:40 Can the UK Compete? Global Arms Races & National Reviews42:30 Liquid Biopsies & Healthcare Breakthroughs46:20 NHS Efficiency Crisis: More Money, Worse Outcomes50:30 Psychedelics on the Edge: Awaiting the Data Drop

In this episode, Dan Bowyer, Lomax, and Mads Jensen reunite to talk about the stories behind the headlines - Trump's tariffs, EU's sluggish startup strategy, the Anthropic surge, and why Europe's hardware design hopes might rest on Munich.From missiles interrupting pool time in Tel Aviv to Nvidia's record-breaking quarter, the crew tackles everything from macro trade wars to micro founder incentives—plus a healthy dose of sarcasm, realpolitik, and startup survival.Here's what's covered:04:30 Tariffs, trade wars & what it means for European startups08:15 Harmonization vs. regulation: Why EU/US divergence matters10:55 Tariffs & inflation: Why macro still rules the game13:10 The public/private schism and bond market dismay21:45 The EU startup plan: blue carpets, unicorn labs & old ideas26:00 Talent, tax & the fight for Europe's future founders29:30 Why Munich might be Europe's next deep tech capital31:00 Big tech flexes: Google, Anthropic, and the return of hardware35:00 Vibe coding & SaaS disruption: The new normal?41:00 AI agents, Nvidia blowouts, and the pace of change45:20 Deal of the Week: Brightflag exits for $425M57:00 Why the crew skipped SuperVenture to actually build stuff

Join us for an insightful conversation between Marieke Flament—seasoned tech executive, investor, and former CEO of the NEAR Foundation—and Thomas De Phuoc, COO and Co-Founder of Kiln, as they reflect on their years of collaboration, leadership lessons, and the evolving landscape of startups and Web3.This discussion begins with a look back at how their professional paths first crossed in 2017 at Circle, where Marieke played a pivotal role in shaping Thomas's early career. From there, the conversation unfolds into a masterclass on leadership, team-building, and the nuances of scaling a company with intention.Marieke shares her unique perspective on hiring, emphasizing the importance of passion over pedigree, and why cultural fit can make or break a company. Drawing from her experiences at Expedia, Circle, and NEAR, she breaks down the dynamics of high-performing teams, comparing them to a well-coordinated basketball team where trust and collaboration overtake individual brilliance.Thomas echoes these insights, reflecting on Kiln's journey and the principles that have guided its growth—transparency, storytelling, and resilience in the face of crypto's notorious volatility. Together, they explore how founders can maintain focus during market downturns, why self-awareness is non-negotiable for leaders, and how Europe's tech ecosystem can compete on a global scale despite regulatory fragmentation.A highlight of the discussion is Marieke's work with Project Europe, an initiative uniting founders and operators to strengthen the continent's startup ecosystem. She outlines the challenges—such as complex cross-border investment rules and inconsistent stock option policies—while expressing optimism about Europe's deep talent pool and long-term commitment to innovation.The conversation also touches on the transition from operator to board member, the role of coaching in leadership development, and the personal habits that help founders navigate high-pressure environments.PODCAST INFO:

Welcome to a new episode of the EUVC podcast, where our good friends Dan Bowyer and Mads Jensen from SuperSeed, in discussion with Lomax Ward from Outsized Ventures and Andrew J. Scott, Founding Partner at 7percent Ventures, cover recent news and movements in the European tech landscape.Behind the headlines—wind implosions, deep tech dead ends, exit deserts, secondaries, and AI drama—lie seismic shifts that will define the trajectory of European startups and the capital that fuels them.Here's what's covered:01:30 Europe's Wind Sector in Crisis05:12 Hornsea 4 Fallout & Government Accountability10:24 The Collapse of Deep Tech Momentum in the UK15:36 Public Sector Catastrophes: Fujitsu's £12B Flop20:48 UK-EU Youth Mobility Deal & Trade Strategy26:00 Trump, IP Tariffs & Global Trade Disruption31:12 RIA Funds & the Evolving VC Model41:36 Secondary Markets in Venture46:48 The AI Arms Race: OpenAI vs. Google52:00 European Drone Unicorns & GovTech

Welcome to a new episode of the EUVC podcast, where Dan Bowyer and Mads Jensen of SuperSeed and Lomax from Outsized Ventures dive deep into the macro and micro of European venture, joined this week by special guest Chris Elphick, Head of Venture Capital at the British Private Equity & Venture Capital Association (BVCA).Together, they pull back the curtain on the real stories shaping VC—from pension reform to geopolitical shocks, blackout readiness, and the transatlantic battle for AI and aerospace dominance.Here's what's covered:03:15 What Really Happens at a VC Conference?07:40 Politicians Using AI: Tech Literacy or National Security Risk?12:01 UK Local Elections: Rise of Reform & Political Fragmentation18:20 Trump's Tariffs: Recession Risk & Global Trade Realignments22:33 Heart Aerospace Flies to LA: A Blow to Europe?28:04 UK VC Fundraising Rebounds—but Where's the LP Money?33:42 The Pension Problem: Zero UK Pensions Backing UK VC?48:58 NATO x Deeptech: Europe's First Combat Robots?52:35 Portugal's Great Blackout: A Warning for Renewable Grids1:03:00 Show Me the Money: Can Pension Reform Really Unlock Capital for UK VC?

How does SAP build and scale the systems that global companies rely on every day? In this episode, Nicolai Tangen speaks with Christian Klein, CEO of SAP, Europe's largest technology company and one of the world's leading software providers. They explore SAP's cloud transformation journey, how AI is revolutionizing business productivity, and the challenges of technological nationalism in a fragmented global landscape. Christian shares his leadership philosophy on risk-taking and performance culture, along with insights from his remarkable journey from student intern to CEO before age 40. Tune in for an insightful discussion on the future of enterprise technology!In Good Company is hosted by Nicolai Tangen, CEO of Norges Bank Investment Management. New full episodes every Wednesday, and don't miss our Highlight episodes every Friday.The production team for this episode includes Isabelle Karlsson and PLAN-B's Niklas Figenschau Johansen, Sebastian Langvik-Hansen and Pål Huuse. Background research was conducted by Kristian Haga. Watch the episode on YouTube: Norges Bank Investment Management - YouTubeWant to learn more about the fund? The fund | Norges Bank Investment Management (nbim.no)Follow Nicolai Tangen on LinkedIn: Nicolai Tangen | LinkedInFollow NBIM on LinkedIn: Norges Bank Investment Management: Administrator for bedriftsside | LinkedInFollow NBIM on Instagram: Explore Norges Bank Investment Management on Instagram Hosted on Acast. See acast.com/privacy for more information.

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, cover recent news and movements in the European tech landscape