SCALE-UPDATES SEPTEMBER

Welcome to Endeit's September 'AI' update, where essential scale-up insights meet industry news. Look at our handpicked articles, key networking opportunities, and the latest scale-up developments.???.

ENDEIT HEADS TO THE USA: AI-TRIP 2024

This October, our partner Martijn Hamann sets off on another exciting AI journey to the USA, where he will meet with leading innovators and dive deeper into AI developments shaping the tech world. Last year, Martijn and?Remy Gieling?(founder AI.nl) visited AI giants like OpenAI and NVIDIA, gaining firsthand insights into cutting-edge advancements. Follow Martijn for real-time updates?via his LinkedIn from 6 October on.?Curious about the previous trips and what you can expect? Read the article.??

MARTIJN & REMY'S LEARNINGS FROM LAST YEAR'S TRIP

INDUSTRY INSIGHTS & NEWS: AI???

????Big news from OpenAI - The company is reportedly discussing raising $6.5 billion, bringing its valuation to $150 billion. This represents a sharp rise from its previous $86 billion valuation and highlights OpenAI's significant role in shaping the AI industry. Supported by prominent investors like Microsoft, this move further emphasizes the growing importance of AI in both venture capital and technology. For more information, read the full article in The New York Times.

???TIME Magazine?released its 2024 list of the 100 Most Influential People in AI, featuring industry titans like NVIDIA’s Jensen Huang (whom our partner Martijn met at the last AI trip) and AMD’s Lisa Su. This list highlights theinnovatorsshaping thefuture of AIacross multiple sectors, offering insights into where the industry is headed.?Find out who is making the waves.

???Josh Wolfe, co-founder of Lux Capital, shared how AI is shaping the future of venture capital, with investments in AI systems reaching between $50-100 billion. Wolfe highlighted that while AI companies generated $4-5 billion in revenue over the last two years, the value lies in patient, long-term investments. As Wolfe noted, "The real gains will come from companies with sci-tech superiority.” Check out Josh Wolfe’s full letter?for more insights.

MEET US AT?UPCOMING EVENTS

CLIMATE TECH SUMMIT BENELUX?

We’re thrilled to be a founding partner of the?Climate Tech Summit Benelux?on?October 22nd?in Amsterdam. Alongside our partners, we’re supporting the top 100 climate tech startups driving innovation in sustainable energy, circular economy, and CO2 reduction. Meet our colleagues Edwin Hengstmengel , Emmelie Meurs , and Jeroen van der Does de Willebois at the event.?You can register here.?

???Meet Tuomas Rekonen at?Oslo Innovation Week (September 25-29, 2024) and explore innovation in Oslo.

???Bits & Pretzels Founders Festival will be in?Munich from?September 29 to October 1, 2024. You can meet with colleague Niclas Englert at this festival and connect with startup leaders. Get your tickets.???

UNLEASH World is in Paris from October 16-17, 2024.?Join Martijn Hamann and Niclas Englert?at Europe’s top HR tech event.?

We look forward to connecting with you at these exciting events!

THE FOUNDATION OF TOMORROW'S TECHNOLOGIES: GENERATIVE AI

AI is at the heart of many breakthrough technologies today and a key driver behind many of Endeit’s investments over the past years. Our colleague Melissa de Beyer explored the tech stack of generative AI, breaking down its layers and uncovering investment opportunities.?Ready to improve your knowledge????

OUR NEWEST INSIGHTS IN GENERATIVE AI

LOEY DINNER: GATHERING OF TOP?FOUNDERS

At the recent LOEY Dinner, around 50 prominent founders gathered, with our CEO Hubert representing Endeit Capital. As chair of the LOEY Foundation, Hubert plays a key role in the event. For many years, Endeit organized the LOEY Awards, celebrating the best online entrepreneurs in the Netherlands. The dinner provided another great opportunity for meaningful exchanges among the country's top digital entrepreneurs.???

JOBS AT PORTFOLIO COMPANIES

• Navan is hiring for over 100 roles worldwide, including a PR Manager based in Berlin. Explore all their global openings.
• Roamler is looking for a Medior iOS Developer in Amsterdam. Interested? See the full job details.
• IPRally is searching for an Account Executive based in the USA. If this sounds like you, apply.

Don't miss these exciting chances to join innovative companies! Find out more jobs via our website.?

SUPPORT

Our team is ready to help you in any way we can. Check out our website, and don't hesitate to reach out via?www.endeit.com/contact.??? Prefer not to receive updates? You can unsubscribe below at any time.