ISSFJO - Innovative Startups and SMEs Fund’s Post

Regascold is among the #topten in the AC2 Startup #Competition of GründerRegion Aachen. 🌟 We utilize the cold energy that is usually lost in traditional regasification processes. As our co-founder, Sven Hudy, perfectly puts it: "The cold is already there; why leave it unused?". 🌬️💡Read the full article here. 👉 https://lnkd.in/eKtTtjAH

👑 Despite all the odds, Montenegrin start-up #Flourish 🌷 is in the finals of the EIT HEI Initiative project ABCD_Project_DeepTech! We are happy to hear the positive impressions about this EIT supported programme where University of Montenegro participates, under the lead of Srna Sudar, PhD

Shared with me by our friends at Oxentia. Deadline approaching. 🚨 Seeking startups interested in pitching at a demo day they are organising with partners at Accelerate Estonia.     On October 1st (4-6PM), Oxentia and Accelerate Estonia are hosting a Pitch Day to find the most promising UK startups that are facing regulatory barriers to growth. Looking for companies that could benefit from Estonia’s fast and agile regulatory environment to help move their business and product development forward.    Benefit for startups  -Test and validate their solutions in a supportive environment.  -Gain a streamlined path to scaling across the EU.  -Connect with industry experts, regulators, and potential partners. 🚨Application deadline: *extended* to 17th September Apply here: https://lnkd.in/eiDn5ui6

Such a great post. One of my favorite parts, not surprisingly: "Experienced founders are often most likely to fund new branches of the tech tree. In Silicon Valley, more than 60 per cent of the partners at top venture capital funds were previously founders and chief executives; in Europe, by contrast, the figure stands at a dismal 8 per cent." 

I love this article from Ian Hogarth! The US has shown what's possible, but here in Europe (and especially in the UK), we have a tremendous opportunity to follow the American footsteps. That is why, in 20 years, I don't think I've ever seen such a good time to be investing: - the platform shifts we're seeing today operate at an extraordinary scale, and much of the fundamental innovation underpinning this is coming out of Europe - repeat, successful entrepreneurs are building again, at pace - society has become inherently entrerpreneurial ("starting a business" is now the top career choice for undergrads at many UK universities) - there is funding available now at all stages of a company's lifecycle - as was clear at Slush last week, the market is now 'back' - risk is back on, deals are being done, funds are being raised, - but valuations are sensible; good for investors but good for companies too as expectations are in check with reality - and the upside is considerable! 10 years ago, we couldn't have imagined there being even 1 trillion dollar company; now we have 7! A good time to be building, a good time to be investing, a good basis for optimism. AlbionVC, John Thornhill, Matt Clifford, John Taysom, Sherry Coutu CBE Max Bautin, Andy Phillipps, George Coelho, Tom Nugent, Brent Hoberman, Hussein Kanji, Chris Smart, CAIA

To Make European Industry Great Again (Maiga) we need urgently a real Capital Markets Union, but a Single Financial Market needs unique rules to apply: a European Constitution, a European Civil Code, a European Commercial Code, a European Consolidated Finance Text ... to boost a more prosperous and resilient European society with more shared wealth to create or invest in innovative businesses, stop selling the most precious companies abroad and turn an already powerful innovation engine into a harder-edged ambition to keep scaling in Europe. #UrsulavonderLeyen, #ChristineLagarde, #AntonioCosta, #MarioDraghi, this is your job!

Really great article on the European startup market and why we haven't been able to succeed at building a trillion dollar company like silicon valley does repeatedly.

This article in the Financial Times is an excellent response to the question I am asked the most as a Silicon Valley veteran living in Europe. The trillion dollar question is if and how Europe can create a technology industry rival to the United States. As Ian Hogarth points out, "there are only seven examples of trillion-dollar tech companies in the world - Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla. All are American. None are European." It doesn't need to remain that way. And I'm committed to helping change that. I have dedicated this phase of my career to democratizing success and empowering more people to succeed in tech than ever before. I feel honored to work with founders and their boards across 5 continents to achieve their most audacious goals. I couldn't agree more with Ian when he writes that several things need to be true in order to reach this status: 1- valuing repeat founders 2- giving them access to audacious capital 3- doubling down on next-generation technology 4- empowering founders not to sell early and reach their greatest potential value 5- creating as many $100bn companies as possible to build the community and pipeline towards trillion dollar status What do you think? What are the challenges and opportunities you've faced as an entrepreneur where you live? Did this article get it right?

“the global race to build artificial general intelligence was initiated by a London-based start-up, DeepMind, founded in 2010” “Fusion could be the ultimate solution for zero-carbon, low-cost, baseload energy. For Europe it could be a source of energy security as well as an opportunity to build a huge new industry. A start-up that builds fusion reactors in the way that SpaceX builds rockets could be the next trillion-dollar company.” Great article from Ian Hogarth at the FT this past weekend. Thanks for sharing!

Thank you, Ian Hogarth. An important piece on an important topic. I agree 100% on the importance of the flywheel effect of great founders pulling along other founders. But based on my trans-Atlantic experience other factors play a critical role - not least the fact that we could debate endlessly if by “Europe” we include the UK. Key drivers: - absence of a European corporation code modeled on Delaware (enabling not prescriptive) - balkanized capital markets (see Draghi report) - cultural aversion to breakthrough success especially on the part of founders from outside traditional elites - splintered approach to defense and security in a dangerous world. What do you think?