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 dives into:
Why cyber preparedness is a growing boardroom concern
The overlooked fragility of Europe's energy systems
How automation, AI, and policy are colliding in the UK
Europe's capital gap—and the uncomfortable truth behind it
Plus: OpenAI margins, startup resilience, and robotaxis in London
Here’s what’s covered:
02:00 Cybercrime as a Macro Risk: Are We Sleepwalking into Crisis?
06:10 Iberian Blackouts & Energy Fragility
09:00 Immutable Ledgers, AI & Infrastructure Resilience
11:15 UK’s £2B AI Action Plan: Where’s the Real Bravery?
14:20 Nuclear Woes: The True Cost of Delay
17:40 Marginal Cost Pricing & the Renewable Conundrum
20:30 Tesla’s Robotaxi Vision & a $40K Price Tag
22:00 Wave x Uber Deal: Level 4 Autonomy Comes to the UK
24:00 Brexit’s AV Dividend? The UK Races Ahead of the EU
26:30 Europe’s Capital Gap: Funding or Fundamentals?
29:00 OpenAI’s Gross Margins & Startup Implications
31:30 Incumbents Strike Back: Why Big Tech Moved Faster
34:00 Startup Opportunity in the Next Wave of AI
35:40 European vs. US Startup DNA: Who’s Built to Win?
📺 Watch it here or add it to your episodes on Apple or Spotify 🎧. Chapters for easy navigation are available on both platforms.
✍️ Show Notes
Cybercrime Is Now Strategic Risk
From consumer businesses to energy systems, the group explores why European companies are ill-equipped to deal with the growing threat landscape—and what it means for resilience at scale.
Energy Infrastructure: Policy Paralysis vs. Industrial Planning
The team dissects recent blackouts, pricing models, and why nuclear projects are overbudget and overdelayed. Could small modular builds have done better?
AI Meets Automation: The UK’s Quiet Leap
With robotaxi partnerships, early regulatory clarity, and policy alignment, the UK may be outpacing the EU in autonomy. But is this just a Brexit fluke or a real industrial strategy?
Europe’s Venture Capital Gap: Blame Misplaced?
Yes, more capital is needed—but Dan, Mads, and Lomax argue the real issue may be mindset. From speed to scale, Europe's founders and investors must raise their ambition.
OpenAI, Margins & Market Dynamics
The crew unpacks OpenAI’s surprising 45% gross margin and how incumbents like Google and Nvidia flipped the script—fast.
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