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Copenhagen-based venture capital firm 55 North has announced the first close of its €300 million quantum technology fund, raising €134 million from anchor investors Novo Holdings and EIFO. The fund, described as the largest dedicated quantum VC to date, will invest across the quantum ecosystem — including computing, sensing, and communication technologies — at various […]
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Moving to Vietnam made Peter Truong reflect on how his parents were able to move to Canada without knowing English and still build a life there. Read more ›
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"You know, it's not the best news. But there was other news that could have been a lot worse, you know?" Charlie Sheen said. Read more ›
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Ken Langone also had a word of advice for people who take issue with the country overall. Read more ›
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A YouTuber's videos telling people how to use Windows 11 without a Microsoft account and how to install it on unsupported hardware were allegedly violating community guidelines on dangerous and illegal activities. Read more ›
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On Monday, a new online “encyclopedia” sputtered to life. Grokipedia is the brainchild of Elon Musk and his startup xAI, and the billionaire is promoting it as a supposedly less woke and less biased version of Wikipedia. Musk’s goal? “The truth, the whole truth and nothing but the truth.” In both format and style, Grokipedia […] Read more ›
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After a year of ongoing outbreaks, Canada is expected to lose its measles-free status. Experts say the U.S. is on track for the same fate. Read more ›
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Rivian told workers on Oct. 23 that it would be cutting 4.5% of its workforce, or more than 600 employees. BI viewed a copy of the severance package. Read more ›
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Alphabet, Meta and Microsoft divide the market over whether they can translate huge capital expenditure into income Read more ›
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Samsung just confirmed that the Galaxy S26 will bring big AI upgrades, a new set of cameras, and a custom-built processor. Read more ›
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On an earnings call, Zuck acknowledged that Meta’s massive AI spend might not go as intended in the near future. Read more ›
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Big Tech keeps pouring billions into AI infrastructure as Google, Meta, and Microsoft boost spending despite talk of an AI bubble. Read more ›
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Apple's base iPhone 17 appears to be a sleeper hit, but does it offer enough to upgrade from an earlier model? See how it fares against recent iPhones. Read more ›
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Meta CEO Mark Zuckerberg is getting ready to dump even more AI-generated posts into your social feeds. During an earnings call on Wednesday, Zuckerberg said the company will “add yet another huge corpus of content” to its recommendations system as AI “makes it easier to create and remix” work that gets shared online. “Social media […] Read more ›
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This story appeared in The Logoff, a daily newsletter that helps you stay informed about the Trump administration without letting political news take over your life. Subscribe here. Welcome to The Logoff: A federal grand jury in Illinois has indicted six people, including a Democratic congressional candidate, for participating in a September protest outside an ICE facility […] Read more ›
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Anne Jakrajutatip was replaced as CEO of Miss Universe by Mario Búcaro, who was the pageant's vice president for international relations. Read more ›
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Xbox sales have been tanking for a while now — and the story hasn’t gotten any brighter. Microsoft just released its Q1 2026 earnings and Xbox hardware revenue was down 29 percent year-over-year. Last quarter, it was down 22 percent. Down 29 percent in the first two quarters of 2025, down 42 percent in Q4 of […] Read more ›
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Lund-based deeptech startup Cytely has raised €3 million in a round led by Ugly Duckling Ventures, with participation from existing investor Icebreaker.vc, to expand access to its smart-microscopy platform. Cytely turns ordinary microscopes into real-time data engines, eliminating manual bottlenecks and allowing labs to generate statistically powered results in minutes instead of months. Already adopted […] Read more ›
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The Nordics continue to defy expectations. While much has been written about the challenges facing the welfare state across the region, we often overlook one of its most powerful by-products: a deeply ingrained culture of learning and scientific curiosity. These systems, though frequently criticised, have created an environment where those who want to explore, question, […] Read more ›
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Stockholm-based AI startup Grasp has raised $7 million in Series A funding, led by Octopus Ventures with participation from Yanno Capital, to support its international growth and product development. Founded in 2020 by former McKinsey consultants Richard Karlsson and Johan Devér, and former Ericsson AI engineer Simon Hällqvist, the company builds multi-agent AI systems designed […] Read more ›
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Oslo-based Riff, formerly Databutton, has raised $16 nillion in a Series A led by Northzone, bringing its total funding to $21 million. The vibe coding platform helps business teams build and launch production-ready AI applications using starter apps, templates, and expert guidance, aiming to tackle the high failure rate of enterprise AI initiatives. Existing investors […] Read more ›
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Finnish bio-based materials company Innomost has named Niko Mellanen as its new Chief Sales Officer. The company develops bio-based alternatives from upcycled birch bark, aiming to replace certain fossil-based components in coatings and packaging. Mellanen has more than 20 years of experience in the paper, board, and packaging sectors, including positions at Stora Enso and […] Read more ›
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Swedish biotech company Cellcolabs has secured $12 million in funding from Titian Capital’s life sciences arm, bringing its total raised capital to $37 million. Cellcolabs develops large-scale production methods for Mesenchymal Stem Cells (MSCs) used in medical research and clinical applications. The company plans to use the new funds to advance its technical capabilities and […] Read more ›
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Lund-based Lithea AB has raised €852K (SEK 9.3 million) in a directed share issue from existing investors to continue the preclinical development of its lead candidate, LIT1001. The company is developing a localised drug delivery system designed to release chemotherapy directly into tumours, initially targeting osteosarcoma, a rare bone cancer that mainly affects children. The […] Read more ›
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Riga-based Desktop Commander has raised €1.1 million in pre-seed funding led by 42CAP, with participation from BADideas Fund. The company develops an open-source tool that allows artificial intelligence to interact directly with a user’s computer through the Model Context Protocol (MCP), enabling it to manage files, operate the terminal, and execute code based on plain […] Read more ›
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Finnish industrial technology company SpinDrive has raised growth funding led by Rhapsody Venture Partners and Innovestor to expand its presence in the United States and launch a new product line. The company develops active magnetic bearing (AMB) systems that use magnetic levitation instead of mechanical contact to reduce friction and eliminate the need for oil-based […] Read more ›
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Copenhagen-based Formalize has raised €30 million in Series B funding to expand its compliance software across Europe. The round was co-led by Acton Capital and BlackFin Tech, with participation from West Hill Capital and CIBC Innovation Banking. Formalize develops a governance, risk, and compliance platform that helps small and mid-sized enterprises manage evolving EU regulations […] Read more ›
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30.10.2025 01:41
Last update: 01:35 EDT.
News rating updated: 07:31.
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