Andreas Fischer

@DominikTo Congrats!!

backtrace Fund I, now final closed at €50m:

@kamilelukosiute But who’s baking the croissants for the AI labs now?

only three jobs left in sf: - deep research - claude code - slack

@robindchnt Doesn’t feel like it’s going to get better soon. Or if at all very concentrated return in a few companies, but not across the board.

the gap between capital raised and exits in robotics is… not great bvp.com/atlas/intellig…

@robindchnt Ah, really cool - signed up, let’s see if we see each other there!

i'm joining the AI Industrial Summit next week to focus on only one thing: inject optimism. we need more optimism in europe! start.spread.ai/industrial-ai-…

@dscape @blwiertz Why does it have to be for everyone?

@blwiertz What’s wrong with 5pm? Can’t pick up kids from school? Avoidance of traffic? The random stuff tech Twitter says

🏜️ The Sandbox is now live! A 3-month, zero-equity program in Berlin for Europe’s most curious, technical minds - before the product, the pitch, or the co-founder. No bad deals. No 5pm exits. No business bros. Just space to build seriously. Apply by July 27 👇 sandbox.techeurope.io

Two weeks ago, I said EU-Inc might need your help. That moment is now. 🥁 We need you to submit feedback to the European Commission on what startups need. To get you up to speed what happened since last time: The EU Parliament published their own suggestion how a pan-european legal entity standard should look like. How you ask? By introducing 27 different entities, instead of one. By improving as little as possible, keeping as much legacy and differences as possible, and hot-patching on top of them in different ways. Why did they publish that? No idea. It's unusual at this moment. Likely Brussels-internal power-plays. But the timing is perfect, because the European Commission (the guys actually in charge of this) asked for feedback publicly now. How should a pan-European legal-entity look like? Our answer is simple: 1) ONE EUROPEAN STANDARD So that investors know how it works and you can easily raise globally, so that ecosystems can form around a centralized registry, so that stock-options can be done europe-wide, etc etc 2) FOR EVERYONE Because nobody knows, how startups look like in future and we don't want to have governments niche down access to the entity in oblivion. A downside-compromise of this is btw that we do push not standardization of employment and taxes. I explain the details in the blog post Here your task: 1) Go here to the feedback website 2) Login (they support Google Auth btw which is funny imho) 3) Write a few lines what you expect a true standard for startups should support 4) Share this with friends, coworkers, etc and ask them to also fill it out. The form needs like 1-2 minutes. If we hit a few hundred feedback submissions we already have the most feedbacked consultation in this field ever. If we hit 1000 we break the bank and they can't avoid talking to the startup ecosystem about this. 🏴‍☠️ Feel free to name drop us. Us asking for your support isn't even cheating the system. That's how this process is meant to be done. Politics is weird. 🙈 Feedback Website link – 2 Minutes of your time max. ec.europa.eu/info/law/bette… Please like & share! 🙏

@FinnMurphy12 Or more so the bet is oftentimes that the investor is able to talent that is able to navigate a high variance environment with - if required - the right path adjustments

hard disagree - at the early stage the thing your investors are spending money to prove/disprove is are you capable of proving a hypothesis around a business model & if not that you can adapt If you find new information you didn’t have pre-pitch - act on it The bet is on you

@robindchnt @harveyhodd Similar sense with @TURN2X - curious how much of this comes from building in an industry that used to absurd scale.

Rivan has been my largest angel check last year and working with @harveyhodd and the team has been an absolute blast. Every time I visit their factory, you can feel their dedication and urgency in the air. More about Rivan: rivan.com/blog/seed-fund…

@blwiertz Should have @octominddotdev there as well

Come join us in Karlsruhe on June 14th & 15th lu. ma/karlsruhe - Sign Up now

@Jordan_W_Taylor Correction on this: Lilium didn’t end up getting the money and is now bankrupt.

This has to be such a bizarre situation.

@nathanbenaich @airstreet Ovomaltine missing!

🇨🇭 got my swiss starter pack ready for @airstreet zurich ai

Really excited to kick this off!

@robindchnt @coveai_io Ah! I think you linked the wrong Cove - the one you linked to looks pretty inactive and does financial chart analysis. That’s why I was surprised this would be something that’s super relevant to you. @TryCoveAI looks really cool though!

@__afischer @coveai_io fast time-to-value to create automated overviews on a canvas. it's useful if you want to combine different topic on a canvas compared to a chatbot interface

started my first research project with @coveai_io highly recommend trying it out

@pmoe Indeed. A day to be thankful for Europe (with all its flaws).

@__afischer Omg

Any bets on the number of EOs waiting in the oval?

@blwiertz @tech_berlin Is this equal opportunity or equal outcomes though? 🤔😄

One team of @tech_berlin hackathon was too powerful, so we decided to lock them in the elevator for 2 hours and in the end needed the THW to get them out 💀 We live the values of EU equal opportunity 🇪🇺

@pmoe For large utility scale topics looking into what Siemens Energy is building probably is the best proxy. Lots happening on sub-utility scale though (e.g. encosa.energy). Energy management startups are also working with large co's (e.g. rizm.de and BMW).

Who’s got a handle on which German and European large industrial players are actively investing in energy storage systems, be it batteries or more exotic technologies? Seeing renewable prices as low as they are, it seems like a no brainer.