Europe has deep pools of capital, but much of that money still fails to reach the companies and assets that could drive future growth.

In this episode, Dan Bowyer and Mads Jensen of SuperSeed are joined by Karim Palant, Director of External Affairs at UK Private Capital, to discuss why domestic capital remains underrepresented in venture and private markets, and why that matters for Europe’s competitiveness.

They look at pension reform, the UK’s reliance on international LPs, the incentives that keep domestic capital flowing elsewhere, and what the upcoming UK budget could mean for founders, investors, and wealth creation.

The conversation also turns to AI infrastructure and cybersecurity, including whether trillion-dollar CapEx plans will actually materialise, how AI is making old cyber vulnerabilities easier to exploit, and what personal AI agents could mean for future security risks.

Highlights

Why Europe’s own capital is not backing enough of its growth
Why pension money still struggles to reach venture and private markets
The risks of relying too heavily on international capital
What the UK budget could mean for founders and investors
Whether the AI infrastructure boom is starting to slow
How AI is changing cybersecurity
What personal AI agents could mean for security

This Week in European Tech: Why Europe’s own capital isn’t backing its growth

EUVC

This Week in European Tech: Why Europe’s own capital isn’t backing its growth