EUVC

•

Canal • 5 programas

Investimentos

Investimentos

Diariamente
Investimentos

Investimentos

Quinzenalmente
Investimentos

Investimentos

Quinzenalmente
Investimentos

Investimentos

Quinzenalmente
Tecnologia

Tecnologia

Semanalmente

2/03

E704 | This Week in European Tech with Dan Bowyer, Mads Jensen & Lomax Ward

Welcome back to another episode of Upside where Dan Bowyer, Mads Jensen of SuperSeed, and Lomax Ward of Outsized Ventures go behind the headlines shaping European tech, capital, and power.This week felt less like a market update and more like a structural reset.Nvidia posts another blowout quarter — and the market barely reacts.Ukraine, four years into war, is quietly becoming Europe’s most important defence innovation engine.Anthropic adjusts its safety posture as AI labs collide with geopolitics and procurement reality.And beneath it all, questions around margins, sovereignty, and capital allocation are getting sharper.This isn’t just a tech cycle.It feels like a systems cycle.This is Upside, where optimism is earned, not assumed.What’s covered:03:30 Nvidia earnings: perfection priced in?09:40 Ukraine four years on: from aid recipient to defence capability supplier17:30 Europe’s defence spend: real budgets or slow procurement?23:30 AI safety becomes conditional: competitive pressure meets ethics31:00 Distillation at scale: China, IP leakage, and national security35:00 SaaSpocalypse vs SaaS redemption: systems of record vs systems of action40:30 OpenAI & Anthropic margins: the hidden constraint under the hype46:00 Chips & quantum: Europe’s deep tech wedge — if scale capital shows up54:30 Abundant intelligence: what breaks if intelligence gets cheap?#euvc #VC #VentureCapital #Investing #TheEuropeanVC #Podcast #Tech #Startup

2/03

•

59 min
27/02

E703 | Max Bray and Juliet Bailin, Kindred Capital VC: LP Conviction, $15B Funds & The Venture Barbell

What exactly are LPs buying when they allocate to venture today and do they still believe in it? In this episode, Andreas sits down with Max Bray and Juliet Bailin, both Venture Partners at Kindred Capital VC to unpack what’s really happening beneath the fundraising headlines. Max brings the raw perspective of trying to raise a first-time fund in 2025 with unicorn-founder GPs, strong angel track records, and still struggling to secure second meetings. Juliet brings the sharper counterpoint: LP frustration isn’t always ignorance. Sometimes it’s a rational response to how venture has been practiced, especially around transparency, liquidity discipline, and the unrealistic expectation that a GP should be world-class at everything. This is a conversation about: LP behavior in uncertain cycles The myth of the “full-stack investor” Why solo GP economics are brutal Whether software still needs venture And why the fund model is splitting at the extremes Not hot takes. Not doom. Just honest mechanics. Share What’s Covered: 01:04 Max’s 2025 fundraising reality: even strong “on-paper” stories struggle to get second calls 03:46 LP rotation: capital moving toward liquidity, security, and shorter-duration bets 05:08 LP frustration: transparency gaps + liquidity decision-making 07:09 LPACs as sparring partners, not governance theatre 09:31 Europe’s structural issue: too few LPs and GPs have lived full cycles 12:47 The “full-stack investor” myth: investing + fund management + compliance + IR 14:46 Solo GP economics: why 2/20 breaks at the small end 26:08 The barbell thesis: platforms on one end, specialists on the other 27:56 Software defensibility compression in the AI era 30:24 Will AI decentralize outcomes — or centralize them further? 33:10 The rise of AI roll-ups and alternative capital models 35:19 The “middle-market squeeze” — real or overhyped? 39:34 What founders actually care about when choosing a fund

27/02

•

37 min
12/02

E694 | Pedro Ribeiro Santos, Armilar: 25 Years of Iberian Tech & The Next Chapter with Fund IV

Welcome back to the EUVC Podcast, where we bring you the people and perspectives shaping European venture. In this pitch episode, Andreas Munk Holm sits down with Pedro Ribeiro Santos, Partner at Armilar, to walk LPs through the story, strategy, and succession plan behind Armilar Fund IV — the firm’s new pan-European early-stage fund. Armilar is one of Europe’s longest-standing independent tech VCs and Portugal's original venture firm. Born inside a bank 25 years ago, spun out almost a decade ago, and now a multi-generational partnership, the firm has backed some of Portugal’s most important tech companies and quietly built a track record of dragons (fund-returners), not just unicorns. Fund IV doubles down on what the team knows best: early-stage, tech-intensive companies across data, digitalization, and connectivity, with a strong focus on Portugal & Spain and selective investments across the rest of Europe. Share Here’s what’s covered: 01:17 | What is “Armilar”? 02:30 | Origins & Spinout 03:40 | Why being based in Portugal with almost no local ecosystem 04:50 | From US to Europe, Then Back Home 07:22 | Fund IV in a Nutshell 09:44 | Geography & LP Backbone 11:41 | Track Record, DPI & Dragons 13:51 | Selected Portfolio & Staying Power 16:19 | Team & Generational Design 21:38 | Iberia’s State of Play (Portugal & Spain) 27:45 | Golden Visa & LP Angle 29:29 | Closing & What LPs Should Care About

12/02

•

28 min
4/03

E705 | Martin Schilling, Deep Tech Momentum: Why Europe’s Deep Tech Problem Isn’t Funding

Europe does not have a deep tech problem. It has a commercialisation problem. The last European companies to reach €100B+ market caps were SAP and ASML, both founded 40–50 years ago. If Europe wants a new generation of deep tech champions, venture capital alone won’t get us there. Customers have to step in. In this episode, Andreas Munk Holm is joined by Martin Schilling, former operator, investor, and founder of Deep Tech Momentum, to unpack why Europe excels at funding breakthroughs, but consistently fails to industrialise them. This is a conversation about: why enterprise buyers are the missing link in European deep tech what corporates are doing wrong (and how they can fix it) how founders actually win large customers in complex, regulated markets and why courage — not grants — is Europe’s real constraint Share 🎧 Here’s what’s covered: 01:15 Martin’s background: from N26 operator to deep tech ecosystem builder 01:52 What is Deep Tech Momentum (DTM)? 03:00 Why commercialisation — not capital — is the real bottleneck 04:19 The age gap: Europe’s top companies vs the US 06:26 Why US corporates acquire twice as many startups as Europe 06:54 The uncomfortable truth: Europe funds innovation others industrialise 08:54 Why corporates (not just VCs) must change behaviour 10:49 Neo-primes: the new system integrators Europe desperately needs 12:50 The four things corporates must fix to work with startups 15:06 Why startup collaboration must be CEO-owned 17:14 Buyers first: why conferences get this wrong 19:03 Money + customers: the only two things founders really need 21:27Trust, speed, and why procurement kills startups 23:25 Why trust starts inside the corporate, not with founders 27:03 Selling deep tech to enterprises & governments: what actually works 32:03 When CVCs help — and when they hurt 33:08 Enterprise sales mistakes founders keep making 38:28 Deep tech sales reality: defense, policy, and long cycles 44:57 Why DTM is not EU-funded — by design 49:07 The state’s real role: customer, not grant machine 49:23 Final takeaway: Europe needs courage, not more programs

4/03

•

48 min
03/06/2025

E483 | Rina Onur, Peak: Offboarding as a VC Partner, Istanbul’s Gaming Boom & the Tug-of-War Between Building and Investing

In this episode, sits down with , co-founder of and formerly of 500 Istanbul, for a raw and rare conversation about stepping back as a VC partner—and what it takes to switch hats between operator and investor. Together with Enis Hulli, they unpack the story behind Rina’s exit from fund management, her next chapter with , and the unique DNA behind Turkey’s explosive gaming ecosystem. This one’s both personal and analytical—a crash course in partnership dynamics, performance-driven ecosystems, and what founders truly need from their VCs (and what they don’t). Here’s what’s covered: 02:00 Rina’s Back-and-Forth Journey: From Private Equity to Peak, Back to VC, and Out Again08:20 The Emotional Weight of Short-Term Partnerships11:15 How to Offboard Gracefully as a VC Partner13:10 What Rina Hated About Venture Capital15:25 Fundraising Fatigue & Convincing Dozens vs. One21:40 Why Gaming Became Turkey’s Breakout Sector24:15 Local vs. Global Success Stories: Turkey, Poland & Beyond29:50 Serial Founders vs. Untapped Talent: The Two Sides of Portfolio Building36:30 Geographic Advantage: Why Local VCs Still Matter41:30 State-Backed Ecosystems: What Works, What Doesn’t49:00 A Candid Ending: Offboarding, Vulnerability & Starting Over

03/06/2025

•

52 min
21/05/2025

E473 | Marcus Behrendt, BMW iVentures: Hedging the Future of Mobility, One Strategic Bet at a Time

, Managing Partner at , joins and to explore how corporate venture capital can drive transformation in Europe’s most iconic industries. From autonomy to AI and natural-fiber composites, the episode dives deep into how BMW’s venture arm scans, invests, and hedges across global markets while staying rooted in strategy and sustainability. 🎧 Here’s what’s covered: 04:11 Investment Focus: From Smart Supply Chains to Sustainability09:56 The Auto Industry in Flux: Disruption, Legacy & Tesla’s Vertical Model14:31 Integration vs. Modularity: What Will Define the Next Automotive Leaders17:01 Avoiding the Kodak Trap: Why Culture Eats Strategy in Corporate Innovation25:56 Leveraging the Core: Staying Close to BMW’s Strategic Heartbeat28:04 Natural Fibers & Rare Earths: Investing for CO2 Impact and Supply Chain Resilience34:42 Scaling Autonomy in the Real World: From Car Plants to Ports37:33 Europe's Structural Weakness: Legal Complexity and Inconsistent ESOPs44:11 Pensions, Politics & the Case for Venture Policy Engagement47:04 Why BMW iVentures Remains a Single-LP Fund—and Proud of It

21/05/2025

•

49 min
01/06/2025

E481 | Etienne, Intuition: Going Deep on Consumer, and What Founders Can Learn from Pro Athletes

In this episode, sits down with , co-founder and GP at —a new €10M fund focused on pre-seed and seed investments in consumer, prosumer, and B2B2C startups across Europe and the US. From chasing the NBA dream to raising a fund for overlooked sectors, Etienne shares the founder's journey behind the fund, his obsession with AI-native products, and why consumer investing needs a new generation of believers. Here’s what’s covered: 02:20 From Pro Basketball to Founding Intuition05:11 Discipline, Resilience & Pain Tolerance: The Athlete’s Edge08:30 Why Obsession Beats Talent Every Time13:13 Recalibrating After Burnout: Life Beyond the Grind19:13 Why Building a Fund Is Just Another Startup24:41 Building a Portfolio to Survive Volatility36:46 The Return of the Capital-Efficient, Profitable Company41:14 Why Intuition Plans to Stay Small (on Purpose)46:00 Create Like a God, Connect Like a Human: The New Founder Paradigm50:11 Multitask or Die: Surviving in the Agentic Age of AI

01/06/2025

•

49 min
24/09/2024

E357 | Fatou Diagne, Bootstrap Europe: Trends in growth debt ¤nt market trends

In this episode of the EUVC podcast, Andreas discusses with Fatou Diagne, Founder and Managing Partner at Bootstrap Europe. Bootstrap Europe is a venture investment firm currently raising the fourth fund, aiming for €350-400M, after closing Fund III with €157M. With €250M in assets under management, Bootstrap Europe is headquartered across London, Luxembourg, and Zurich. Bootstrap Europe targets companies in the post-Series A+ or Series B stage—those with venture capital already on their cap table, solid KPIs, or valuable patents and assets in place. The firm’s sweet spot? European HQ’d companies, or those with European founders or VCs, with an upcoming allocation to support U.S. expansions. They even have 10% of their fund reserved for other exciting regions, like Africa. Bootstrap Europe specializes in geeky, transformative sectors: Deeptech, Life Sciences, Cleantech, Fintech, and SaaS, and some of their notable investments are: Scandit (Swiss Unicorn) in Machine VisionBlueprint Genetics (exited investment, Finnish tech used by Quest Diag during COVID - 1 of 2 largest labs in US)Telensa: largest installed base of smart city lighting wordlwide, bought by SignifyRecent undisclosed exciting investments in robotics, AI healthcare, foodtech, RNA tech Go to eu.vc for our core learnings and the full video interview 👀 Chapters: 00:03 Meet Fatou Diagne and Bootstrap Europe 00:26 Bootstrap Europe's Investment Focus 01:25 Diving Deep with Fatou: Trends and Growth 02:51 The Origin of Bootstrap Europe 04:11 Venture Debt vs. Venture Capital 11:11 The Collapse of Silicon Valley Bank 20:27 The Role of Venture Debt in Europe 28:29 Sector Focus: Life Sciences and AI 36:45 Momentum in Business and Financing 37:00 Regional Preferences in Venture Debt 38:16 Germany: Cultural Challenges and Progress 39:17 Spain: A Unique Venture Debt Market 40:43 Nordics and European Investment Bank 47:33 Macroeconomic Influence on Venture Debt 54:05 Innovative Financing Structures 56:54 Future Predictions for Venture Debt 01:02:09 AI's Impact on Venture Debt and Beyond

24/09/2024

•

1 h 11 min
06/09/2024

E350 | Dan Bowyer ⁠and ⁠Mads Jensen⁠, SuperSeed: SuperSaaS Insights, Tech & Global Progress, CBDCs, US Immigration, and The Future of Open Source AI

Welcome to a new episode of the EUVC podcast, where we’ll cover recent news and movements in the European tech landscape with Dan Bowyer and Mads Jensen from SuperSeed. Go to eu.vc to read the core take-aways. Chapters: 00:00 Introduction to European Adventure 01:07 SuperSaaS Event Overview 02:10 Corporate Relationships and Communication 02:51 The Value of Mission-Driven Companies 03:35 Upcoming Super SAS Event 04:03 Positive Global Trends 06:04 Technological Impact on Society 06:39 Democracy and Technology 07:48 AI Regulation Treaty 09:45 Privacy and Competitive Concerns in AI 11:20 The Future of AI Regulation 15:55 Energy Revolution and AI 17:24 Central Bank Digital Currency 18:12 Implications of Digital Euro 22:06 Founder Mode vs. Manager Mode 23:25 Traits of Successful Founders 25:33 Mission-Driven Leadership 29:34 Immigration and Economic Growth

06/09/2024

•

34 min
18/11/2025

E652 | Lea Strumberger, KfW Capital: How one of Europe’s Largest Public LP Thinks About Opportunity Funds

Welcome back to another episode of the EUVC Podcast, where we bring together Europe’s venture family to share the stories, insights, and lessons that drive our ecosystem forward. Today we dive into one of the most under-discussed — yet increasingly important — topics in European venture: Opportunity Funds. Joining Andreas Munk Holm is Lea Strumberger, Senior Investment Manager at KfW Capital, one of Europe’s largest and most mission-driven LPs. KfW Capital co-operates several modules of Germany’s €10B Future Fund (Zukunftsfonds) and deploys into VC funds to strengthen Europe’s late-stage capital base. Within that framework, KfW Capital has launched an Opportunity Fund facility to back managers deploying Series B+ capital — often into their own breakouts — with a structure and governance playbook that preserves alignment and avoids “continuation-vehicle rescue” dynamics. Public examples of European Opportunity strategies include Notion Capital’s Opportunities funds, built alongside its core franchise. Here’s what’s covered 00:17 — Mandate & why Series B+: Europe needs domestic late-stage capital 04:39 — Two OF archetypes: inside-only vs blended 08:15 — How KfW diligences emergent managers launching OFs 13:19 — Why a third-party lead (≥25%) matters 18:53 — Terms that matter: fees, carry, GP commit, duration 25:30 — GP commit reality for second-timers 33:19 — Governance: allocation policy, LPAC, down-rounds 36:10 — Hurdle rates: 6–8% standard, not the battleground 37:55 — Market pulse: ~10 OFs/year cross KfW’s desk

18/11/2025

•

39 min

One place to find them all. The go-to platform to find the best podcasts on the European VC industry. 💥

Site

EUVC

Top de programas

E704 | This Week in European Tech with Dan Bowyer, Mads Jensen & Lomax Ward

E703 | Max Bray and Juliet Bailin, Kindred Capital VC: LP Conviction, $15B Funds & The Venture Barbell

E694 | Pedro Ribeiro Santos, Armilar: 25 Years of Iberian Tech & The Next Chapter with Fund IV

E705 | Martin Schilling, Deep Tech Momentum: Why Europe’s Deep Tech Problem Isn’t Funding

E483 | Rina Onur, Peak: Offboarding as a VC Partner, Istanbul’s Gaming Boom & the Tug-of-War Between Building and Investing

E473 | Marcus Behrendt, BMW iVentures: Hedging the Future of Mobility, One Strategic Bet at a Time

E481 | Etienne, Intuition: Going Deep on Consumer, and What Founders Can Learn from Pro Athletes

E357 | Fatou Diagne, Bootstrap Europe: Trends in growth debt ¤nt market trends

E350 | Dan Bowyer ⁠and ⁠Mads Jensen⁠, SuperSeed: SuperSaaS Insights, Tech & Global Progress, CBDCs, US Immigration, and The Future of Open Source AI

E652 | Lea Strumberger, KfW Capital: How one of Europe’s Largest Public LP Thinks About Opportunity Funds

Sobre

EUVC

Top de programas

Top de episódios

Sobre