Hi friends,

Have you noticed how the answer to “how do we grow?” gets harder as a company matures?

Early on, the priorities are usually clear: build the product, find demand and establish a position in the market. Later, the choices multiply. Should you enter a new country, expand the product, push for profitability, form a partnership or use M&A to move faster?

The harder question is not which option sounds most ambitious. It is which one fits the company now.

That is what we discuss in our conversation with Giovanni Daprà, Co-Founder and CEO of Moneyfarm, and Paolo Gesess, Founder and Managing Partner at United Ventures.

Moneyfarm’s journey shows how the right growth engine can change several times as a company matures, from international expansion to profitability, product expansion and acquisitions.

For founders, this means knowing when to stop relying on the strategy that worked before. For investors, it means seeing when a portfolio company has reached a turning point and helping it bring in the capital, people and skills needed for what comes next.

In addition to this episode, we have shared other resources on the same theme.

Further down, you will find our latest events, a survey for the next edition of The LP Trust Report, where we would really value input from LPs, and a look at EUVC’s participation at Tomorrowland.

We hope this edition leaves you with some useful takeaways.

with 💖
David & Andreas

Growth is rarely a straight line, and what worked at one stage may become a constraint at another. These resources explore how founders can adjust their strategy, maintain focus and build the leadership needed as the company becomes more complex.

As companies mature, the support they need changes too. These resources explore how investors can recognise shifts in strategy and leadership, help companies manage growing complexity and understand when an exit or a new investor is the better outcome.

Tomorrowland may be best known for its music, but last Thursday and Friday we were there for a different kind of energy.

EUVC curated the investment stage at the Rose Garden before co-hosting The Impact Circle Investor Lounge alongside Love Tomorrow and The Impact Circle.

Across both days, founders, investors and corporate leaders came together for honest conversations on venture clienting, AI adoption, impact investing and how capital and industry can work better together.

These are exactly the kinds of conversations we want to create more of. We believe the future gets built when capital and industry stop talking past each other and start building together.

We are proud to have been part of this experience.

Thank you to everyone who has contributed to or shared The LP Trust Report, our joint report with Embracing Emergence on what LPs really want from VC quarterly updates.

The first edition was built on direct LP feedback, and we are now preparing the 2026 edition.

If you are an LP, we would be grateful for your perspective in the next survey. It takes just a few minutes and will help us understand what makes quarterly updates useful, how LP expectations are evolving and where AI may shape GP-LP communication.

And if you have LPs in your network, we would really appreciate you sharing the survey with them too.

The second group of speakers is now confirmed for the EUVC Corporate Summit 2026 in London on September 10.

They join leaders from across the corporate venture ecosystem for a focused day on the areas shaping corporate innovation and investment in Europe, from industrial resilience and AI adoption to venture clienting and LP investing.

Joining the programme are:

The summit brings together around 120 corporate executives, CVCs, VCs and selected founders to discuss corporate innovation, startup collaboration and venture strategy. We’d love to see you there.

The UK needs stronger growth, but many of the choices required to get there, from planning reform to lower energy costs and more productive investment, are politically difficult.

In the latest episode of This Week in European Tech, Mads Jensen and Dan Bowyer of SuperSeed are joined by Lomax Ward of Outsized Ventures to discuss what the UK’s new government should prioritise.

Highlights