Insights

Founders love to dream about the upside. Investors price downside. In  #deeptech , ambition is not rewarded with a higher valuation. Instead, unresolved risk is the main driver of discounting. The multiple goes up when the company shows disciplined R&D spend, a team with both technical and commercial depth, a defensible moat, clean  #IP  assignment, and a use-of-funds plan tied to concrete milestones. It goes down fast when the company looks like pure academia, burns cash in

We’re proud to join the @European Innovation Council in supporting Europe’s most ambitious innovators.   As part of the #EICPartners...