How Daniel Ek is building his ‘new European dream’ | Sifted

Spotify cofounder Daniel Ek is pushing beyond consumer tech to back and build European companies.

His aim is to strengthen Europe’s industrial and technology base in strategic sectors like defense, AI, and deep tech.

The piece frames his ambition as an effort to create a European tech champion with influence on the scale of Elon Musk’s empire.

The trend could redirect European capital and founders toward more strategic industries and reshape the region’s innovation economy.