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Episode 120

André Loesekrug-Pietri

What if Europe had its own DARPA? André Loesekrug-Pietri, co-founder of JEDI, explains how a privately funded agency runs moonshots on rare-earth refining, laser communication and antibiotics, who pays for them, and why he thinks Europe keeps funding projects instead of winners.

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CompanyRoundLeadSectorAmount
Ares IntelligenceUnited Kingdom
SeedCreandum, LakestarUnclassified€2.6M
FractileUnited Kingdom
Series C—Defence AI€691.9M (£577M)
Pre-seedContrarian Ventures, OVNI Capital (co-led)Unclassified€5M
SeedUnconventional VenturesUnclassified€2.7M ($3.1M)
BraidNetherlands
Series AOctopus VenturesUnclassified€34.1M ($38M)
Pre-seed—Unclassified€1.5M

€55.1B across 1,798 rounds tracked · Sesamers round tracker · Methodology

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Y Combinator Winter 2027

Y Combinator’s three-month programme is based in San Francisco and takes European founders alongside those from elsewhere. The standard deal is USD 500,000: USD 125,000 for 7% of the company plus a further USD 375,000 on an uncapped SAFE. Relocation…

Deadline · Nov 2, 2026 Apply
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Startup Wise Guys — The Founders Club 2026

Before its flagship accelerator, Startup Wise Guys runs the Founders Club for people who have neither a team nor an MVP yet. Three months online covers co-founder matching and early SaaS company-building, with a pathway into the main accelerator at…

Deadline · Nov 2, 2026 Apply
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EIC Accelerator 2026

The European Innovation Council runs this instrument for single deep-tech companies based in the EU or a country associated with Horizon Europe. Successful applicants can receive up to EUR 2.5M as a grant and up to EUR 15M in equity…

Deadline · Nov 4, 2026 Apply
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