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 💬
Here’s what’s covered:
03:05 AI and Autonomous Driving Innovations
07:18 European Investment Trends
12:01 Breakthroughs in Food Tech
17:31 Environmental Impact of Meat Production
18:50 Challenges and Future of Lab-Grown Meat
20:44 OpenAI's Ambitious Acquisitions and Antitrust Issues
29:07 Exciting Deals and Events in Tech
Watch it here or add it to your episodes on Apple or Spotify 🎧. Chapters for easy navigation are available on the Spotify/Apple episode.
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✍️ Show notes
Europe's Moment or Money in Transit? A Closer Look at Capital Repositioning
Amundi, Europe's largest asset manager with €2.2 trillion in AUM, reports that clients are “massively” repositioning into European markets. In Q1 2025 alone, U.S. investors funneled a record $10.6 billion into European equity ETFs—a sevenfold increase from the previous year—while U.S. equity funds saw net outflows of $10.62 billion. Drivers include EU defense spending under the Readiness 2030 plan, anticipated ECB rate cuts outpacing the Fed, and broader unease with U.S. political and economic instability. According to Bank of America, this marks the largest capital rotation since 1999. While some view this as patriotic investing, others point to rational alignment with Europe's ESG leadership and macro resilience.
But will this newfound capital reach European startups and VCs? Mads suggests it’s possible but reminds us that inflows are only meaningful if Europe builds globally competitive companies like Loveable, Wayve, Helsing, and Isomorphic Labs. Andrew remains cautious, noting these moves may be tactical and temporary, depending on U.S. market performance. Rather than banking on redirected capital, Europe must seize this moment to prove it can stand on its own two feet—with deeptech innovation, strategic autonomy, and investor confidence driven by substance, not sentiment.
The Next Frontier: Lab-Grown Meat and Space-Food Innovation
Lab-grown meat, once hailed as the future of sustainable food, has recently lost momentum—but new breakthroughs suggest a resurgence is underway. Professor Shoji Takeuchi from the University of Tokyo has developed a new bioreactor that can sustain living cells in a gel, delivering oxygen and nutrients effectively, creating 11 grams of lab-grown chicken (about 2cm x 1cm). This technical leap solves one of cultured meat’s biggest challenges: feeding the cells uniformly. Experts now suggest that lab-grown chicken could hit supermarket shelves within 10 years. Meanwhile, Europe is making significant strides too—Meatly in London has launched cultivated chicken-based dog treats ("Chick Bites"), Munich’s MyriaMeat developed a lab-grown pig filet without genetic modification, and the UK's 3DBT has created a pork steak.
Beyond Earth, the European Space Agency is exploring lab-grown food production in space, targeting low-gravity, high-radiation environments. Andrew pointed out that while challenges are huge, space-driven food innovation could become a fertile ground for startups. The conversation emphasized that while lab-grown meat currently struggles with cost and scalability, similar to early renewable energy tech, the inflection point is coming. As Mads highlighted, agriculture as we know it may largely disappear within 20–30 years. Both on Earth and in orbit, cultivated food represents not just a scientific milestone but a vital step toward a sustainable future.
OpenAI Eyes Chrome: Disruption or Antitrust Nightmare?
The U.S. Department of Justice is pressuring Google to restore competition in online search, potentially forcing the sale of Chrome—an opportunity that OpenAI’s Head of Product, Nick Turley, says the company would be “interested” in seizing. OpenAI is already in aggressive buying mode, having acquired Rockset (for real-time data analytics), Multi (for enterprise collaboration), and potentially Cursor (an AI coding assistant) for $3 billion. However, with OpenAI’s fund already an investor in Cursor, antitrust questions loom larger than ever. As Andrew and Mads discussed, history shows that antitrust action can hinder tech giants, such as IBM and Microsoft, in previous decades by sapping focus and slowing innovation. Still, regulators must be careful: forcing Chrome into OpenAI's hands could swap one dominant player for another.
While Google remains dominant in search—especially for high-value commercial queries—user behavior is shifting fast, with AI already disrupting traditional search habits. As Mads noted, many in the tech industry now skip Google altogether, using AI models like ChatGPT for their information needs. The panel agreed: it’s not yet clear whether foundational model companies like OpenAI will stay focused on core models or vertically integrate into apps, search, and beyond. But one thing is certain—regulators face a delicate balancing act between promoting competition and inadvertently anointing a new monopolist.
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