British fintech Wise said this week it would shift its primary listing from London to New York, joining a growing list of firms snubbing the London Stock Exchange. UK chip designer Arm opted for a New York IPO in 2023, while food delivery giant Just Eat Takeaway quit the LSE for Amsterdam in November. Sweden’s Klarna has confirmed plans to go public in New York, following in the footsteps of... Read more ›
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Two satellite heavyweights are about to form a European rival to Starlink. But they’ll face an uphill battle to compete with Elon Musk’s firm. Luxembourg-based SES’ proposed $3.1bn takeover of Intelsat is set to get the green light from EU officials, Reuters reports. A final verdict is expected by June 10. SES first announced plans to acquire Luxembourgish-American rival Intelsat in April 2024, calling it a “transformational merger” that could... Read more ›
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Spanish startup Voltrac has emerged from stealth with an autonomous tractor that lives a double life. In peacetime, the 3.5-tonne electric vehicle zips around farms, hauling heavy goods and using cameras to gather data on crop health. But when enlisted, the tractor is equally capable of navigating enemy assaults to deliver critical supplies to frontline soldiers. “In Ukraine, for instance, many lives are lost in non-combat situations, including frontline resupply... Read more ›
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While Mark Zuckerberg was hyping Meta’s latest Ray-Ban smartglasses and Apple was promoting its Vision Pro mixed reality headset in 2023, Finnish startup IXI was quietly crafting high-tech specs for more practical purposes. Founded in 2021, the company emerged from stealth in April with $36mn in funding to commercialise what it claims are the world’s first autofocus glasses. The prescription specs promise to change the way visually-impaired people see the... Read more ›
0
This piece is part of our ‘Ask the Expert,’ series where experts share their insights into some of the most pressing questions facing our tech ecosystem. Sign-up for your spot on Santa Meyer-Nandi’s Ask the Expert session about ‘How to burn bright, not out’ at TNW2025 on June 20 at 15:30. In our work—whether shaping sustainable management frameworks, advising climate innovation funds, or guiding impact entrepreneurs—we see the same silent... Read more ›
0
Klarna’s CEO has warned that software engineers risk being left behind in the AI era — unless they’re also business-savvy. Speaking at SXSW London, Sebastian Siemiatkowski said the talent “who have really accelerated their careers at Klarna” are “business people who have learned to code.” The reason? “They can take their business understanding and turn it into deterministic or probabilistic statements with AI.” This shift, he warned, poses a threat... Read more ›
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European tech leaders are pushing back against high-profile VCs urging founders to work seven days a week — slamming the grindset mentality as everything from “toxic” to “childish.” “Calling on founders to work insane hours nonstop is just bad advice,” Suranga Chandratillake, general partner at Balderton Capital and former CEO of video search engine Blinkx, told TNW. “Even sprinters don’t sprint all the time — rest and reflection is just... Read more ›
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The European Union Aviation Safety Agency (EASA) has certified a mixed reality (MR) headset for civil aviation training for the first time — potentially signalling a shift in how pilots are taught. Built by Finnish startup Varjo, the headset — called XR-4 — replaces the screens in a flight training cockpit, which are smaller, cheaper versions of the full-flight simulators used in the final phases of pilot training. The MR... Read more ›
0
TNW Backstage this week peeks behind the petals of the flower business — but not as you know it. In the latest episode of our podcast, we dig beyond beautiful bouquets to unearth the digital trends, disruptive models, and market moves reshaping the industry. Guiding us through the changes is Aron Gelbard, co-founder and CEO of Bloom & Wild — the UK’s top-rated online flower delivery company. Founded in 2013,... Read more ›
0
Britain’s new military tech strategy will fail unless startups are given clear pathways to adoption, experts have warned. Their concerns follow the government’s announcement that defence spending will increase to its highest level since the Cold War. Prime Minister Keir Starmer set out the aims in the new Strategic Defence Review (SDR), which includes plans to boost investment in technologies such as AI, drones, robots, laser weapons, and submarines. The... Read more ›
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War is being redefined by technology. Drones now swarm where soldiers once marched, AI can detect threats faster than spies, and cyberattacks are disrupting critical infrastructure without a single shot fired. To prepare for the battles of tomorrow, NATO is turning to startups. In June 2023, the Alliance launched DIANA, an initiative that funds and facilitates defence innovations. Across a network of over 200 accelerator sites and test centres, DIANA... Read more ›
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Europe has a unique chance to lead in software — but only if it improves its ability to turn startups into profitable businesses. That’s the conclusion of a new report from McKinsey and Boardwave, which warns that unless the region tackles structural barriers, its startups will continue to lag behind global rivals. The report, Europe’s Moonshot Moment, found that the continent has over 280 software companies generating more than €100... Read more ›
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While Europe races to phase out fossil fuels and electrify everything from cars to heating systems, it’s turning a blind eye to a reliable and proven source of clean energy lying right beneath our feet. Geothermal energy offers exactly what the continent needs most: clean, local, always-on power. Yet, it only accounted for 0.2% of power generation on the continent in 2024. Something needs to change. The recent blackout in... Read more ›
0
Remote-controlled robots could one day build giant solar farms in space, according to a recent trial in the UK. British startup Space Solar conducted the test at the UK Atomic Energy Authority’s (UKAEA) facilities on the University of Oxford’s Culham Campus, which hosts several fusion research initiatives. The company used two remotely operated robotic arms to assemble a section of the support structure for its future solar power satellite. The... Read more ›
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Earlier this month, the father of a wealthy cryptocurrency entrepreneur was abducted in Paris while walking his dog. The attackers, wearing balaclavas, forced him into a van, later severing one of his fingers and sending a video of the mutilation to his son alongside a demand for millions of euros in ransom. The incident joined a growing list of violent crimes in France linked to crypto wealth. Victims have included... Read more ›
0
Human organs could be bioprinted for transplants within 10 years, according to Lithuanian startup Vital3D. But before reaching human hearts and kidneys, the company is starting with something simpler: regenerating dog skin. Based in Vilnius, Vital3D is already bioprinting functional tissue constructs. Using a proprietary laser system, the startup deposits living cells and biomaterials in precise 3D patterns. The structures mimic natural biological systems — and could one day form... Read more ›
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The European Commission has unveiled ambitious plans to cut red tape and make the EU a more attractive place for tech businesses to scale. Launched today, the EU Startup and Scaleup Strategy comes as the bloc scrambles to attract and retain tech startups amid stiff competition from the US and Asia. Under the new initiative, the EU has laid out a five-point plan to close the gap with its rivals.... Read more ›
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Swedish foodtech startup Millow has opened its first commercial-scale factory at a former LEGO production hall in Gothenburg. The facility will use a patented dry fermentation process in which mycelium — the root-like structure of fungus — feeds on oats in a bioreactor. There, it rapidly grows into a meat alternative that can replace everything from beef mince to doner kebab. Millow aims to produce 500kg of the so-called mycoprotein... Read more ›
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In the wooded hills south of Munich, Germany, engineers are drilling 8 km down in a bid to harvest limitless clean energy from Earth’s molten, radioactive core. The project could offer a blueprint for cost-effective geothermal energy extraction, helping Europe power cities, heat homes, and reduce its reliance on fossil fuels. The drill belongs to Canadian company Eavor, one of a new crop of startups working to make geothermal a... Read more ›
0
TNW Backstage returns this week with a journey into the the future of sound. Our featured guest is Xander de Buisonjé — Dutch singer, TV presenter, and founder of Breggz, a startup reshaping personal audio. Breggz was born from De Buisonjé’s (pronounced “boo-son-i-yay”) obsession with sound quality. After decades in the music industry, he had grown exasperated that artists would spend years years perfecting their sound — only for listeners... Read more ›
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09.06.2025 02:28
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