Henry Philipson's guest appearances

Henry Philipson

Tech.eu

ESG in VC

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Up this week:The AI wars are heating up: During London Tech Week Prime Minister Rishi Sunak set the goal of establishing the UK as the global home of artificial intelligence. This week OpenAI, the firm behind ChatGPT, announced that it would open its first international office in London, and Google DeepMind CEO Demis Hassabis went on record stating that his engineers are building an AI system dubbed Gemini that will be more capable than that of OpenAI. All the while Stability AI, the company behind Stable Diffusion is looking, well, a bit unstable.A new report from Frontline Growth took a look at how US companies succeed and fail when it comes to European expansion. Representing up to 40% of global revenue for public software businesses, The authors note that "the strength of today's European tech ecosystem makes ignoring the region a costly mistake." Frontline goes on to cite the problem of success amnesia, where companies focus on sales at the expense of local marketing, community development, and brand-building efforts. Their data shows that 50% of companies don't have a single marketing resource in Europe a year after landing.Following a retreat from France, Turkish speedy grocery service Getir is now pulling out of Spain. Spain's biggest trade union CCOO didn't mince words stating, "We condemn the disastrous business management of Getir, which has not known how to grow or have a market strategy in Spain. Now its staff will suffer the biggest harm." In light of these developments, it would appear as though Getir's rumoured offer to acquire Flink might well be off the table.VTT Spinout Steady Energy is working on a 50MW nuclear reactor to be used to heat homes in Europe. Operating at significantly lower temperatures and pressure than a traditional reactor, the company's CEO Tommi Nyman says, "The pressure required by the LDR-50 reactor is comparable to the pressure that of a household espresso machine. It operates at a lower pressure than a district heating network. This ensures that in case of a malfunction which leads to a leak, the leak is contained within the heating plant, without endangering people or the environment."Working on the algorithms that drive quantum computing, specifically, applying these algorithms to drug discovery and development, Finnish startup Algorithmiq 's CEO and co-founder Sabrina Maniscalco says that, "a useful quantum advantage is coming sooner than many think."A new report issued by ESG_VC and BVCA analysed ESG data provided by 450 startups backed by leading venture capital firms including Lakestar, Balderton, Molten Ventures, Highland Europe, Beringea, and MMC Ventures. We spoke to ESG_VC co-founder Henry Philipson about how the initiative is aiming to assist startups navigate the world of ESG, as well as gather his response to commentary that startups shouldn't be focusing on ESG in early days.

Up this week:The AI wars are heating up: During London Tech Week Prime Minister Rishi Sunak set the goal of establishing the UK as the global home of artificial intelligence. This week OpenAI, the firm behind ChatGPT, <a href="https://www.theguardian.com/technology/2023/jun/28/chatgpt-developer-openai-locate-first-non-us-office-london" rel="nofollow" target="_blank">announced</a> that it would open its first international office in London, and Google DeepMind CEO Demis Hassabis went on record <a href="https://www.wired.com/story/google-deepmind-demis-hassabis-chatgpt/" rel="nofollow" target="_blank">stating</a> that his engineers are building an AI system dubbed Gemini that will be more capable than that of OpenAI. All the while Stability AI, the company behind Stable Diffusion is looking, well, <a href="https://www.bloomberg.com/news/articles/2023-06-26/stability-ai-head-of-research-resigns-from-startup#xj4y7vzkg" rel="nofollow" target="_blank">a bit unstable</a>.A new <a href="https://tech.eu/2023/06/29/how-us-companies-succeed-and-fail-at-european-expansion/" rel="nofollow" target="_blank">report</a> from Frontline Growth took a look at how US companies succeed and fail when it comes to European expansion. Representing up to 40% of global revenue for public software businesses, The authors note that "the strength of today's European tech ecosystem makes ignoring the region a costly mistake." Frontline goes on to cite the problem of success amnesia, where companies focus on sales at the expense of local marketing, community development, and brand-building efforts. Their data shows that 50% of companies don't have a single marketing resource in Europe a year after landing.Following a retreat from France, Turkish speedy grocery service Getir is now <a href="https://www.reuters.com/business/retail-consumer/turkish-food-delivery-startup-getir-leave-spain-union-2023-06-30/" rel="nofollow" target="_blank">pulling out</a> of Spain. Spain's biggest trade union CCOO didn't mince words stating, "We condemn the disastrous business management of Getir, which has not known how to grow or have a market strategy in Spain. Now its staff will suffer the biggest harm." In light of these developments, it would appear as though Getir's rumoured offer to acquire Flink might well be off the table.VTT Spinout Steady Energy is <a href="https://tech.eu/2023/06/27/steady-energy-has-raised-eur2-million-and-wants-to-use-a-low-temperature-low-pressure-nuclear-reactor-to-heat-your-home/" rel="nofollow" target="_blank">working on a 50MW nuclear reactor</a> to be used to heat homes in Europe. Operating at significantly lower temperatures and pressure than a traditional reactor, the company's CEO Tommi Nyman says, "The pressure required by the LDR-50 reactor is comparable to the pressure that of a household espresso machine. It operates at a lower pressure than a district heating network. This ensures that in case of a malfunction which leads to a leak, the leak is contained within the heating plant, without endangering people or the environment."Working on the algorithms that drive quantum computing, specifically, applying these algorithms to drug discovery and development, Finnish startup Algorithmiq 's CEO and co-founder Sabrina Maniscalco <a href="https://tech.eu/2023/06/27/with-a-fresh-eur137-million-in-hand-algorithmiq-is-poised-to-access-the-inaccessible-in-the-world-of-drug-discovery-and-development/" rel="nofollow" target="_blank">says</a> that, "a useful quantum advantage is coming sooner than many think."A new report <a href="https://tech.eu/2023/06/27/new-report-from-esg-vc-and-bvca-finds-environmental-agenda-is-lagging-in-startups/" rel="nofollow" target="_blank">issued</a> by ESG_VC and BVCA analysed ESG data provided by 450 startups backed by leading venture capital firms including Lakestar, Balderton, Molten Ventures, Highland Europe, Beringea, and MMC Ventures. We spoke to ESG_VC co-founder Henry Philipson about how the initiative is aiming to assist startups navigate the world of ESG, as well as gather his response to commentary that startups shouldn't be focusing on ESG in early days.

Big moves in AI, Getir exits Spain, how US companies fare in Europe, and Henry Philipson from ESG_VC

Welcome to ESG in VC podcast.  Join me and Henry Philipson in this latest episode. Henry leads marketing and communications for Beringea in the UK and he is also a co-founder of ESG_VC, an industry initiative to help portfolio companies improve their ESG performance. Together with Henry, we discuss how ESG_VC have started and now has 150 firms across UK and Europe trying to build tools and consistent frameworks to use in venture industry, which is based on National Social Value (TOMs) framework. We also dive a bit deeper into how many funds have adopted ESG principles fully and the process they went through and why it is imporant to start as soon as possible. Guest: Henry Philipson Follow us: · Linkedin · Twitter · Instagram Please do not forget to rate and review and to get in touch with the host, Oksana Stowe, email me at oksana.stowe@esg-in.vc. You can also subscribe to the ESG in VC Insights Newsletter for insights and updates here.

Welcome to <a href="https://www.esg-in.vc/" rel="nofollow" target="_blank">ESG in VC</a> podcast. Join me and Henry Philipson in this latest episode. Henry leads marketing and communications for <a href="https://www.beringea.com/" rel="nofollow" target="_blank">Beringea</a> in the UK and he is also a co-founder of <a href="https://www.esgvc.co.uk/" rel="nofollow" target="_blank">ESG_VC</a>, an industry initiative to help portfolio companies improve their ESG performance. Together with Henry, we discuss how ESG_VC have started and now has 150 firms across UK and Europe trying to build tools and consistent frameworks to use in venture industry, which is based on National Social Value (TOMs) framework. We also dive a bit deeper into how many funds have adopted ESG principles fully and the process they went through and why it is imporant to start as soon as possible. Guest: <a href="https://www.linkedin.com/in/henry-philipson/" rel="nofollow" target="_blank">Henry Philipson</a> Follow us: · <a href="https://www.linkedin.com/company/esg-in-vc/" rel="nofollow" target="_blank">Linkedin</a> · <a href="https://twitter.com/OksanaStowe" rel="nofollow" target="_blank">Twitter</a> · <a href="https://www.instagram.com/esginvc1/" rel="nofollow" target="_blank">Instagram</a> Please do not forget to rate and review and to get in touch with the host, <a href="https://www.linkedin.com/in/oksana-stowe/" rel="nofollow" target="_blank">Oksana Stowe</a>, email me at <a href="mailto:oksana.stowe@esg-in.vc">oksana.stowe@esg-in.vc</a>. You can also subscribe to the ESG in VC Insights Newsletter for insights and updates <a href="https://www.esg-in.vc/p/newsletter/" rel="nofollow" target="_blank">here</a>.