#WebSummit2022: An LP perspective on European venture - talk by EIF DCE Roger Havenith (full length)

At WebSummit's #venture stage, #europeaninvestmentfund deputy chief executive Roger Havenith spoke about the current state of the European #VC funding ecosystem - market sentiment, insights, opportunities.

00:40 About the EIF – structure, shareholding, and our public mission

02:14 – Our investment approach in building ecosystems across the SME financing value chain including unicorns and their value in our portfolio

04:16 – Most recent market sentiment based on our VC fund managers survey with 440 responses from across Europe

05:00 – Is 2022 a difficult year? Or rather, was 2021 exceptional with an almost normal market correction more recently. And what about exits outside the EU?

06:17 – Isn’t a crisis also an opportunity? The market has also evolved and we have a mature ecosystem in Europe; this pays off. Opportunities of tomorrow include #healthech, #biotech #energy #climate #foodtech.

07:57 – What can be done? Policy and investment thematic priorities for the #EIB Group including the EIF. We need to be there because it’s good for the future of the EU economy, and there’s huge market opportunity for European #venturecapital.

9:55 – European strategic sovereignty remains important: boosting competitiveness and creating a #scaleup support system so that European companies can continue to grow on home ground. The new ETCI initiative coming up soon with an initial target fund size of €3.5bn and bigger tickets for investee funds.

11:15 – Other priorities include #female representation and #diversity in the #funding and entrepreneurial environment. The ‘fifty shades of green’ require capacity building to make sure we go a bit further in meeting the objectives of the #eugreendeal.

Despite changing times and challenges, our goal as an LP is to ensure continuity in #funding for Europe’s #startups and #scaleups.

In case you missed it, watch the talk in full here. Recording and copyright @Web Summit - thank you!