The Role of VC’s Building the Future

For much of the last decade, European venture capital ran on a fairly narrow playbook: back B2B SaaS (and similar software startups), wait for network effects, exit. That era is ending. AI has actually become a catalyst pulling investment back toward the physical world — into robotics, deep tech, and the hard sciences, where software is less commodotised and finally has the intelligence to make atoms as investable as bits. In this session, FOV Ventures partners Dave Haynes and EUVC’s Andreas Munk Holm discuss what it means to invest in category-defining companies at the intersection of technology and the physical world — and why the founders building the future increasingly aren’t building apps.