European Sovereignty: A Founder’s Playbook

SPRIND, Germany's Federal Agency for Breakthrough Innovation, and the venture firm HV co-published this playbook for founders building Europe's "primes": companies in energy, critical minerals, semiconductors, AI, robotics, defence and space whose relevance is measured "in sovereign capability as much as in venture returns". Its thirteen recommendations treat the state in three roles, as investor, as customer and as rulemaker; one example is to decide, from Series B, whether you want the state on your cap table or on your P&L. The landing page carries the recommendations, and the full report is a download.

Visit Original Article →