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Despite a challenging market for solar systems and heat pumps, Hamburg-based CleanTech startup 1KOMMA5° achieved a record €520 million in revenue for 2024—growing its organic sales by 36% to €490 million—while remaining debt-free and expanding its Heartbeat AI energy management platform, according to its preliminary business figures for 2024. The company increased its total revenue ...
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Bybit sees $5.5 billion outflow after hackers take $1.4 billion from its ether wallet. Recovers liquidity, but 50% bank run before operations stabilised. Cryptocurrency exchange Bybit has experienced total outflows exceeding $5.5 billion after suffering a $1.4 billion security breach, reportedly carried out by hackers linked to North Korea’s Lazarus Group. The attackers targeted the... Read more » Read more ›
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Elon Musk and his Department of Government Efficiency (DOGE) underlings are powering his takeover of the government with a “hardcore” work ethic that sacrifices sleeping for around-the-clock grinding. Musk boasted that they are working long hours, even over weekends because their “opponents” take that time off. They moved sofa beds into the Office of Personnel […] Read more ›
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Starbucks is laying off 1,100 corporate workers on Tuesday as CEO Brian Niccol continues his turnaround of the coffee chain. Read more ›
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Elon Musk asked federal employees to email a work report for the past week. Now the address may have leaked, and people are trolling him. Read more ›
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President Donald Trump is no stranger to conspiracy: He rose to political prominence by touting the racist lie that Barack Obama was born in Kenya. His team isn’t either: Take Health Secretary Robert F. Kennedy Jr.’s longtime baseless conviction that childhood vaccines cause autism or the billionaire Elon Musk’s promotion of the 2016 “Pizzagate” conspiracy […] Read more ›
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Plus, James Gunn offers a tiny tease of Nicholas Hoult's Lex Luthor in Superman. Read more ›
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Apple plans to launch a second-generation AirTag in May or June this year, according to a post today from a leaker known as Kosutami. Bloomberg's Mark Gurman previously reported that a new AirTag would be released in mid-2025. May or June would align with that timeframe. Below, we recap three new features rumored for the AirTag 2: With a second-generation Ultra Wideband chip, the AirTag 2 is expected to have... Read more ›
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Apple co-founder and former CEO Steve Jobs was born on February 24, 1955, so today would have marked his 70th birthday if he hadn't passed away in 2011 at the age of 56. In 1976, Steve Jobs and Steve Wozniak co-founded Apple Computer Company to market Wozniak's Apple I, a pioneering personal computer. Their collaboration led to the introduction of the Apple II in 1977, which significantly influenced the personal... Read more ›
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Looking for NYT Strands answers and hints? Here's all you need to know to solve today's game, including the spangram. Read more ›
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Investment firm SFR plans to spend $35 billion to put up a massive 3-GW data center in the South Jeolla province in South Korea. Read more ›
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Looking for NYT Connections answers and hints? Here's all you need to know to solve today's game, plus my commentary on the puzzles. Read more ›
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Apple is several months away from launching the iPhone 17 series but a significant camera redesign may be on the horizon. Leaker Majin Bu has shared CAD renders of what are purported to be the iPhone 17, 17 Pro, 17 Pro Max, and the rumored iPhone 17 Air — with the latter three all featuring […] Read more ›
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After a friend left me in Paris by myself, I was forced into my first solo trip. I was scared to be in a foreign country alone, but I learned so much. Read more ›
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9 new deals and $118.3M+ invested into NYC startups for the week. NYC Tech News for the week ending 2/22 featuring news for Augury, CredCore Inc., Gomboc.AI, and much, much more. Read more ›
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The Pentagon told employees to "pause any response" to the email, saying it would be the authority to conduct staff reviews. Read more ›
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Obsidian's fun and colourful Avowed doesn't sound like a one-and-done effort by the developer behind The Outer Worlds and Fallout: New Vegas. Read more Read more ›
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Google is preparing to abandon SMS verification codes for Gmail authentication in favor of QR codes, Gmail spokesperson Ross Richendrfer told Forbes. The move aims to address significant security vulnerabilities inherent in SMS-based verification while combating fraudulent exploitation of Google's messaging infrastructure, he said. "Just like we want to move past passwords with the use of things like passkeys, we want to move away from sending SMS messages for authentication,"... Read more ›
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The world's largest construction project is carving up the Saudi desert. But will the megacity known as "the Line" ever become a reality? Read more ›
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Aura Funerals, a London-based digital end-of-life planning and funeral service, has announced a successful €905k funding round through Angel Investment Network in order to develop digital pre-planning technology and eco-friendly funerals. This marks Aura’s third successful raise through the network. The funds were raised as part of a larger €3.8 million growth funding round. According ... Read more ›
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Driven by a combination of government initiatives, tax incentives, and a robust venture capital landscape Portugal’s startup ecosystem is experiencing significant growth. Programs like the Startup Visa and Startup Portugal+ have been instrumental in fostering entrepreneurship, attracting international talent, and providing critical funding to early-stage companies. These efforts, combined with research and development incentives and ... Read more ›
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EG 427, a Paris-based BioTech startup focused on the development of pinpoint genetic medicines for prevalent chronic diseases in neurology, announced today the successful closing of a €27 million Series B financing round The funding round was Co-led by Andera Partners and Bpifrance as part of the InnoBio investment strategy. MTS Health Partners served as ... Read more ›
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Nodes & Links, a leading AI enterprise platform for construction projects headquartered in London, has raised €11.4 million in a Series B funding round to expand operations to deliver its Vertical AI through Europe and scale its footprint across the U.S. The funding round was led by ETF Partners, joined by SFC, Uncorrelated and existing ... Read more ›
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We’re excited to announce that Michał Borkowski, Co-founder & CEO of Brainly, will be joining us as a speaker at the EU-Startups Summit 2025 in sunny Malta on April 24-25! A passionate entrepreneur and advocate for accessible education, Michał co-founded Brainly in 2009 in Kraków with the vision of creating a global learning community. What ... Read more ›
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L’Aquila-based BioTech startup ExoLab Italia has secured €5 million in a Series A funding round to accelerate its industrial scale-up and international expansion. The round saw investment from dsm-firmenich Ventures, CDP Venture Capital (through Fondo Acceleratori and Fondo Italia Venture II), Linfa Fund, managed by Riello Investimenti Sgr, and Maia Ventures. “The funds raised will ... Read more ›
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This week on the EU-Startups Podcast, we catch up with Filip Kozera, Founder and CEO of Wordware, a startup that enables anyone to build complex AI agents and applications. Wordware recently raised a $30 million seed round, one of the largest in Y Combinator history, before graduating from the program. In this episode, Filip shares ... Read more ›
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Amsterdam-based Polestar Capital announces the launch of the Polestar Capital e-mobility & infrastructure fund (PCEIF), a €500 million debt fund designed to finance the transition to zero-emission mobility. The fund will extend loans to e-mobility and logistics projects, providing “essential financing that is urgently required but difficult to obtain elsewhere“. With the launch of PCEIF, ... Read more ›
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Berlin-based InsurTech startup muffintech has raised €3.5 million to advance its AI-driven solutions for insurance companies and brokers to aid in answering customer queries, searching policy details, handling objections, and providing benefit arguments. The funding round was led by ff Venture Capital and Techstars, with participation from Angel investors in the insurance sector, including former ... Read more ›
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Imperia, a Valencia-based SaaS platform transforming supply chain management, has successfully closed a Series A funding round in order to scale its team internationally across sales, marketing, product, and operations. The funding round was Co-led by Burda Principal Investments and Samaipata, with participation from Acurio Ventures and Draper B1. Álvaro Bernabé, CEO and Co-Founder of ... Read more ›
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24.02.2025 11:09
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