Slide 8 — European HealthTech VC Landscape

What this slide is

A competitive map of European HealthTech VC. Two panels: left is the dedicated-HealthTech-VC quadrant (the field Calm/Storm plays in), with a positioning matrix on Stage × Focus axes. Right is the broader market signal — generalist/multi-stage funds entering HealthTech.

Why it’s here

This is the moat slide. The LP question it answers: “Who else does what they do? Why aren’t the big funds eating their lunch?”

The answer is built into the matrix axes:

Stage axis (Pre-Seed → Seed → Series A) — Calm/Storm is at the Pre-Seed/Seed end.
Focus axis (Other Health → HealthTech Software) — Calm/Storm is at the HealthTech-software end.

Their corner of the matrix (super-early × HealthTech-software) has very few competitors. Most named competitors are bigger (€100M+ funds) and at slightly later stages. The implicit message: to compete with us at our spot, you’d have to be a small, software-focused, Pre-Seed-led fund — and very few of those exist in Europe.

The right panel functions as the threat acknowledgment: yes, generalists are coming into HealthTech, but they’re playing a different game (Series A and growth, not Pre-Seed). Acknowledging the threat strengthens the positioning argument; ignoring it would feel naive.

What’s most important to surface

The Stage × Focus matrix is the core argument. Without the axes, the logo cluster is just a list of funds. With the axes, the cluster reveals empty space — exactly where Calm/Storm sits.

The 60% Pre-Seed / 40% Seed positioning at the top of the left panel is the precise allocation claim. This is the moat language: we’re not “early stage”; we’re 60/40 Pre-Seed/Seed. The precision makes the positioning credible. Visually elevate this line.

The two panel headers — “What is our unique position?” / “What is happening in the market?” — are doing the framing. The left/right contrast IS the slide’s argument. The two questions belong as visible, equal-weight panel banners.

The right-panel logo grid (Atomico, Northzone, Octopus, Earlybird, General Catalyst, EQT, Balderton, etc.) is intimidating in a useful way: it shows Calm/Storm understands these are major players. By pre-naming the threats, they own the conversation; an LP who would have asked “but what about Atomico?” sees Atomico already on the slide.

Composition risk

This is a chart-like slide. Source uses two boxed panels with a positioning quadrant on the left and a flat logo grid on the right. The chart-axes need to read as axes, not as labels. The cluster of logos with country/size annotations is information-dense — the eye needs gridlines or alignment cues, not just floating logos.

Visual hierarchy I’d suggest

“European HealthTech VC Landscape” headline + subhead
Two panel banners — unique position / market signals — equal weight
Calm/Storm’s positioning statement (HealthTech focus + 60/40 split) — visually pinned at the top of the left panel
The matrix axes (Stage / Focus) — labeled
Calm/Storm’s marker on the matrix — visually distinct from competitors (different border, different fill)
Competing fund logos with country + size
Right-panel signals (3 bullets, top)
Right-panel logo grid (early-stage row + growth row)
Footnote with country/size disclaimer + adjacent funds list