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 advantage
The growing exodus of IPOs from the UK to the US
Strategic defense investment—can the UK move the needle?
How AI and capital markets are colliding
And yes, we close on psychedelics and patient-first biotech breakthroughs
Here's what’s covered:
02:15 Europe’s Fiscal Advantage: Why Better Balance Sheets Matter for Innovation
07:00 The Return of Low Rates: What It Means for Startups
11:20 London vs. New York: The IPO Drain
17:00 Why Capital Leaves: Liquidity, Coverage & the Search for Growth
21:30 Rebuilding the UK Market: The Case for LP Allocation Reform
25:50 Beyond IPOs: The Full-Stack Capital Problem
30:40 AI and Lawsuits: Welcome to the New Frontier
33:10 Defense Tech Heats Up: Drones, AI & Strategic Capital
38:40 Can the UK Compete? Global Arms Races & National Reviews
42:30 Liquid Biopsies & Healthcare Breakthroughs
46:20 NHS Efficiency Crisis: More Money, Worse Outcomes
50:30 Psychedelics on the Edge: Awaiting the Data Drop
📺 Watch it here or add it to your episodes on Apple or Spotify 🎧. Chapters for easy navigation are available on both platforms.
✍️ Show Notes
Europe’s Fiscal Headroom: An Innovation Opportunity
With the continent in a stronger fiscal position than many assume following the COVID-19 pandemic, Dan, Mads, and Lomax explore how strategic investments in defense, AI, and industrial technology could mark the beginning of a European policy shift.
The IPO Drain Is Real—And It’s Accelerating
Wise and Indivior are the latest to abandon or downscale London listings. The team explores why analyst coverage, liquidity, and investor attention remain profoundly skewed toward the US and what, if anything, can bring them back.
Defense Goes Deeptech
From the UK’s Strategic Defence Review to autonomy stacks for drones, venture interest is surging. But Lomax asks: are we really playing at scale—or just cheering from the sidelines?
AI Meets Capital Markets
Massive US-based war chests are fueling the next wave of AI competition, while Europe struggles with liquidity constraints and regulation. A global capital mismatch is in full view.
Biotech & Blood Tests: Quiet Revolution in Health
A new breed of companies is reshaping diagnostics—from blood-based tumor detection to breakthrough clinical trial pipelines. But will health outcomes catch up to spending?
The Psychedelic Inflection Point
With several major trials reporting soon, the team reflects on whether psychedelic medicine will finally leap hype to real-world adoption—and what it means for early-stage investors.
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Daniel is a founding partner at Speedinvest, where he leads limited partner relations and fundraising at both the fund and portfolio levels. With a career spanning investment banking, entrepreneurship, and venture capital, he started as a stockbroker and private banker at Erste Bank in Vienna and Credit Suisse in Zurich before transitioning into the startup world.
As a co-founder of 3united, he played a key role in its growth and eventual acquisition by VeriSign.
Since 2007, Daniel has been an active angel investor, bringing hands-on expertise in sales and business development to early-stage ventures. In 2011, he co-founded Speedinvest, leveraging his extensive experience to support founders and drive investment success.
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