Vsquared Ventures

𝗡𝗼 𝗺𝗼𝗿𝗲 𝘄𝗼𝗿𝗱𝘀 𝗻𝗲𝗲𝗱𝗲𝗱 - 𝗡𝗲𝘄 𝗛𝗼𝗿𝗶𝘇𝗼𝗻𝘀 𝟮𝟬𝟮𝟰 🌅 𝗧𝗮𝗸𝗲 𝗮 𝗹𝗼𝗼𝗸 𝗳𝗼𝗿 𝘆𝗼𝘂𝗿𝘀𝗲𝗹𝗳! 𝗖𝗖: Lise Rechsteiner, PhD, Thomas Oehl, Benedikt von Schoeler, Herbert Mangesius, Michael Jobst, Patrick Tucci, Ferdinand Vermersch, Jakob Lingg, Patrick Hümmer, Gina Krymalowski

I look forward to The Drop and the Ripple on #EnergyManagement and #DemandResponse, which Matthew Blain from Voyager Ventures and I will host. We will discuss energy management, demand response, and how to find sustainable #growth in a critical emerging sector with founders, grid operators, energy retailers, and investors. Smart and sustainable energy management is a pressing issue today and will be more so in the future. The IEA demand response capacity forecasts for 2030 (to stay on track and achieve #netzero by 2050) correspond to a #10x increase in deployment levels relative to 2020. What will the role of venture-backed companies be in delivering this shift? Where should founders and investors focus their time to capture commercial opportunities? If you are also in town and want to connect about all things deep tech, drop me a message!

There remains a notable hesitancy in Europe to invest directly in defense technologies and overall deal volume in defense is significantly lower than in other regions of the world. Simultaneously, ensuring European independence and sovereignty is a top priority to the continent. Can dual-use investments and capacity building through innovation represent a sensible European answer to this conundrum? Where is the sector headed as interest in European deep tech and dual-use technologies continues to grow? I’m looking forward to discuss these and other questions with Nela B. from the NATO Innovation Fund (NIF), Sandra Golbreich from Baltic Sandbox Ventures, Valentin Menedetter from Vektor Partners, and Teemu Seppälä, the Technology and Innovation Director from Riihimäen kaupunki - City of Riihimäki, next week at NORDEEP Summit. If you're a founder working on groundbreaking projects in dual-use or deep tech and are attending, drop me a line!

Congratulations to cylib on the official groundbreaking of its first industrial facility at Chempark Dormagen, Germany! 🏭♻️🔋 cylib, a pioneer in battery recycling, has officially broken ground on its first industrial facility at Chempark Dormagen, Germany! This state-of-the-art facility, set to open in 2026, will play a key role in advancing Europe's circular economy by recycling 30,000 tons of end-of-life batteries each year and recovering valuable materials, paving the way for sustainable industrial transformation. The significance of this project is echoed by Minister-President Hendrik Wüst, Staatskanzlei des Landes Nordrhein-Westfalen, who stated at the ceremony: "We spend a lot of time describing our problems. If we dedicated as much time to finding solutions, our problems would shrink faster." He emphasized: "We are not only making ourselves more competitive but also more resilient." Lilian Schwich, CEO and co-founder of cylib, also highlighted the importance of this project: "Germany and Europe need this project. Successful industrial transformation becomes tangible where the green energy transition thrives by shifting from linear to circular processes. For decades, coal and oil have fueled society, however the time has come for a new industrial revolution centered around sustainable and circular resources." Supporting this, the EU Battery Regulation of 2023 stipulates that new batteries must contain a certain proportion of recycled materials. It also includes requirements for labeling regarding durability and capacity, as well as an obligation for retailers to take back used batteries, making technologies like cylib's a must-have.🌍🔄 cylib's technology represents a solution to one of our most pressing generational environmental challenges while bolstering local industry and innovation. It doesn't only drive technological progress but also job creation, with up to 170 new positions at the Dormagen site. We are incredibly proud to support cylib's mission to create an opportunity for sustainable industrial transformation at scale 🌱🚀 If you want to learn more, take a look at cylib's official announcement and media coverage, linked in the comments. Lilian Schwich Paul Sabarny Gideon Schwich Mona Neubaur Federal Ministry for Economic Affairs and Climate Action Erik Lierenfeld Currenta GmbH & Co. OHG Tim Hartmann World Fund Porsche Ventures Bosch Ventures DTCF | DeepTech & Climate Fonds NRW.BANK Speedinvest 10x Founders Ministerium für Wirtschaft, Industrie, Klimaschutz und Energie des Landes NRW Ministerium für Umwelt und Naturschutz, Landwirtschaft u.

Meet with Dr.-Ing. Herbert Mangesius, speaker & jury member for the Inpho Venture Summit 2024. As a Founding Partner at Vsquared Ventures, Herbert plays a significant role in funding the next generation of deep tech startups, with a special focus on New Space, Robotics & Manufacturing, Tech-Bio, and more. His expertise in these areas, combined with his background in mechanical and aerospace engineering, makes him a key figure in the investment landscape. Herbert will also be joining us for our discussion "What company would you launch today to present at INPHO 2026?", where industry leaders will explore startup ideas for the future. Join us on October 24 and 25 at the INPHO Venture Summit to connect with Herbert! https://lnkd.in/g7Qc_AaJ ALPHA-RLH, le pôle français des ondes de l'innovation BLUMORPHO Région Nouvelle-Aquitaine Bordeaux Métropole PhotonHub Europe #INPHO2024 #Deeptech #VentureCapital #NewSpace #Robotics #TechBio #Innovation

𝗖𝗼𝗻𝗴𝗿𝗮𝘁𝘂𝗹𝗮𝘁𝗶𝗼𝗻𝘀 𝘁𝗼 𝗞𝗮𝗻𝗼 𝗧𝗵𝗲𝗿𝗮𝗽𝗲𝘂𝘁𝗶𝗰𝘀 𝗼𝗻 𝘁𝗵𝗲𝗶𝗿 $𝟳.𝟭𝟱𝗺 𝘀𝗲𝗲𝗱 𝗿𝗼𝘂𝗻𝗱: 𝗽𝗶𝗼𝗻𝗲𝗲𝗿𝗶𝗻𝗴 𝘁𝗵𝗲 𝗻𝗲𝘅𝘁 𝗳𝗿𝗼𝗻𝘁𝗶𝗲𝗿 𝗼𝗳 𝗴𝗲𝗻𝗲 𝗶𝗻𝘀𝗲𝗿𝘁𝗶𝗼𝗻 𝘁𝗵𝗲𝗿𝗮𝗽𝗶𝗲𝘀🧬 Thrilled to announce our investment in Kano Therapeutics, a cutting-edge Massachusetts Institute of Technology spinout that is redefining the landscape of gene insertion therapies. Kano’s innovative approach leverages the flexibility of single-stranded DNA (ssDNA) to improve the delivery and efficacy of genetic medicines. Gene insertion therapies have the potential to revolutionize the treatment of inherited diseases and enhance the effectiveness of cell therapies for cancer and autoimmune conditions. However, the rigidity of traditional double-stranded DNA (dsDNA) has posed significant challenges in packaging and delivery. Kano Therapeutics addresses this issue by utilizing ssDNA, which is 50 times more flexible than dsDNA. This flexibility not only facilitates better integration into target cells but also reduces cellular toxicity and enhances editing accuracy. Kano’s groundbreaking work is set to unlock new possibilities in the field of non-viral genetic therapies. By focusing on optimizing the DNA payload rather than just the delivery mechanisms, Kano is setting a new standard in the industry. Their partnership with Novo Nordisk and the $7.15 million seed funding round, co-led by Engine Ventures and Vsquared Ventures, underscores the enormous potential of their approach. Congratulations to Floris Engelhardt, John Vroom and the entire Kano team! Read more about their incredible technology on Endpoints (link in comments).

𝗪𝗶𝗿 𝗺ü𝘀𝘀𝗲𝗻 𝗱𝗶𝗲 𝗖𝗵𝗮𝗻𝗰𝗲𝗻 𝗶𝗻 𝗗𝗲𝘂𝘁𝘀𝗰𝗵𝗹𝗮𝗻𝗱 𝘂𝗻𝗱 𝗘𝘂𝗿𝗼𝗽𝗮 𝗯𝗲𝘀𝘀𝗲𝗿 𝗻𝘂𝘁𝘇𝗲𝗻 𝘂𝗻𝗱 𝗩𝗲𝗿𝗮𝗻𝘁𝘄𝗼𝗿𝘁𝘂𝗻𝗴 ü𝗯𝗲𝗿𝗻𝗲𝗵𝗺𝗲𝗻. Wird Deutschland zur Deep Tech Nation? Was dafür nötig wäre, was die größten Mythen im Deep Tech sind und wo wir finden dass wir Verantwortung übernehmen müssen, habe ich diese Woche mit Janna Linke von ntvNachrichten, in ihrem Podcast, “Startup - Jetzt ganz ehrlich”, diskutiert. Sehr lange liefen sehr viele Industrien bei uns einfach sehr gut. Der Druck, etwas gänzlich neues zu schaffen, war nicht so hoch. Ja, die deutsche Wirtschaft sieht sich heute Herausforderungen gegenübergestellt. Doch wir sollten das als Chance sehen, denn: Zeiten der Krisen waren immer der Motor für etwas komplett Neues. Neue Unternehmen, neue Industrien, neue Gründergenerationen! Was das alles mit Verantwortung übernehmen zu tun hat? Hört einfach mal rein, den Link findet ihr in den Kommentaren. Danke Janna, für das spannende Gespräch!🚀 #vsquaredventures #deeptech

𝗢𝗡𝗘 𝗗𝗔𝗧𝗔 𝗿𝗮𝗶𝘀𝗲𝘀 𝗮 €𝟯𝟮𝗺 𝗦𝗲𝗿𝗶𝗲𝘀 𝗕 𝗲𝘅𝘁𝗲𝗻𝘀𝗶𝗼𝗻! 🔗 Congratulations to One Data on successfully raising their €32m Series B extension, as they continue to scale their next-gen data management platform, which serves as a key enabler for meaningful GenAI, AI, Business Intelligence and Process Mining, internationally! Data serves as the lifeblood for various technological advancements. Proper access and management of data is at the heart of enabling AI, GenAI, Business Intelligence and Process Mining. However, data access and processing is still one of the major roadblocks for companies to leverage data and generate value from AI applications. According to recent research by Bitkom (link in comments), in Germany alone only #6percent of companies are harnessing the potential of the data available to them. One Data empowers the smart collection, connection and usage of data for all data-driven and business applications, especially for GenAI. The company’s AI-powered Data Product Builder, already used by a strong portfolio of customers, including BioNTech SE, thyssenkrupp and SCHOTT, is transforming data management and addresses critical business needs for data-driven models. Its innovative technology will drive efficiency in data governance, forecasting, R&D, and supply chains, making it a key enabler for AI and business intelligence advancements globally. Co-led by Vsquared Ventures, HV Capital and Molten Ventures, One Data will utilize the funding to solidify its market leadership, expand internationally, and enhance its innovative Data Product Builder. Congratulations to Dr. Andreas Böhm, Gregor Wiest, Dr. Stefan Roskos and the entire One Data team! To find out more, take a look at the articles linked in the comments.

𝗖𝗼𝗻𝗴𝗿𝗮𝘁𝘂𝗹𝗮𝘁𝗶𝗼𝗻𝘀 𝘁𝗼 𝗗𝘆𝗻𝗲𝗹𝗲𝗰𝘁𝗿𝗼 𝗳𝗼𝗿 𝘀𝗲𝗰𝘂𝗿𝗶𝗻𝗴 €𝟭𝟭 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝗳𝘂𝗻𝗱𝗶𝗻𝗴 𝗽𝗹𝘂𝘀 €𝟵 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝗴𝗿𝗮𝗻𝘁𝘀 𝘁𝗼 𝗯𝗼𝗼𝘀𝘁 𝘁𝗵𝗲 𝗵𝘆𝗱𝗿𝗼𝗴𝗲𝗻 𝗲𝗰𝗼𝗻𝗼𝗺𝘆 𝗮𝗻𝗱 𝗲𝗻𝗮𝗯𝗹𝗲 𝘁𝗵𝗲 𝗴𝗿𝗲𝗲𝗻 𝗲𝗻𝗲𝗿𝗴𝘆 𝘁𝗿𝗮𝗻𝘀𝗶𝘁𝗶𝗼𝗻 ♻️ Dynelectro's technology focuses on next-generation solid-oxide electrolysis (SOE) and offers unparalleled system performance and longevity. SOE aids decarbonisation in hard-to-abate sectors by efficiently producing hydrogen and utilising industrial waste heat. With the funds the company will further develop their innovative Dynamic Electrolyser Units (DEUs) from 150-kW prototypes to commercial-scale fully modular 1-MW units, with the initial one to be deployed at the European Energy's renewable energy facility in Denmark. Current electrolysis technologies are estimated to waste 25-50% of input electricity, limiting their commercial and sustainability potential. Solid oxide electrolysis (SOE) offers the highest conversion efficiency but has been hindered by its short lifespan, making it cost-prohibitive. Dynelectro’s innovative AC:DC technology addresses this issue, extending SOE lifespan from 2 years to 10 years, thereby aligning it with other electrolyser technologies. This advancement reduces costs and enables quick production adjustments, aiding in grid balancing through ancillary services. Consequently, Dynelectro becomes a crucial partner for #PowerToX developers striving to lower green hydrogen costs. We are thrilled to be a part of the round, together with the Export and Investment Fund of Denmark (EIFO), Yara Growth Ventures, PSV, The Footprint Firm and the European Investment Bank (EIB). Dynelectro has additionally secured €9 million in grants through collaborations with leaders such as Shell and the European Innovation Council and SMEs Executive Agency (EISMEA), underscoring the robust support for their vision of sustainable energy solutions, which are needed to enable the green energy transition across sectors. Congratulations to Søren Højgaard Jensen, Samantha J. Phillips, Sune Lilbaek and the entire Dynelectro team! Read more about it on Tech Funding News or, if your Danish allows for it, on Finans (articles linked in comments).

📰 Media analysis: As the start of the Ariane is highlighting the importance of a strong and independent European space industry, the Frankfurter Allgemeine Zeitung analyses the impact of German New Space start-ups on on the European ecosystem. 🚀 🇪🇺 In Germany a small but rapidly growing sector of young space companies has emerged in recent years. Many of the German hopefuls within the space industry are New Space startups, who are leading the charge with their cutting-edge launch technologies. Great to see some of the founders we get to partner with in conversation with FAZ's tech editor Maximilian Sachse: Hélène Huby and The Exploration Company, which is paving the way for future space logistics through its reusable cargo capsule. Also constellr Co-Founder and CEO Max Gulde, who is leveraging satellite data to revolutionize industries such as agriculture. "The increased private sector interest in space companies in Europe has helped to awaken the local space industry," emphasizes our GP Thomas Oehl. "It's amazing to see the progress achieved over the last 5-10 years." Read the full article to find out more about the ecosystem: https://lnkd.in/ex6PMPJ5