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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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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…

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Global Industrie — Concours des Startups 2027

Global Industrie’s startup competition in Lyon looks for mature, deployable industrial solutions across performance, digitalisation, decarbonisation and the energy transition, which rules out concept-stage work. Winners are given a free exhibition booth at the show plus coaching. No cash changes…

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