Enpal

And the casual list from the same system inside the quarter, Sono Motors insolvency proceedings j- opened July 31st, closed 25, roughly 120 jobs cut with management naming AI-enabled automation as a driver.

Enpal closing its Hamburg site, affecting up to 85 roles while guiding to over 1.3 billion euros of full-year revenue.

Selection is not a phase of this market.

It is the market.

Yeah, no, I mean, we both have some really like complicated deep tech companies also in the climate tech space, but we also have some more software models and that are just like more commercial models where it's not extremely difficult technology.

I mean, of course, the Furbook example that I just mentioned is really deep tech, but to give you an example from Germany, I mean, 1,5 or for example, Enpal, Those are climate tech companies that are scaling extremely quickly and they do not necessarily have a novel technology.

They basically bring clean energy to households and they're some of the fastest growing energy companies in Germany and in Europe.

And they just use existing technologies, but have a new, more modern distribution approach.