Five high-flying scaleups from the Benelux region have made it into TECH5 — the “Champions League of Technology.” The classy quintet joins an exclusive group of Europe’s fastest-growing tech companies. Over the next two months, they will join six other regions — the Nordics, Southern Europe, France, the Baltic States, DACH, and the UK & Ireland — in a competition for the crown of hottest scaleup on the continent. The... Read more ›
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A coalition of European startups has urged swift action to slash burdensome EU regulations after a landmark declaration from the D9+ group of digitally advanced nations. The declaration stressed the need for “removing barriers” and “simplifying EU rules and procedures.” Ministers from all 13 countries in the D9+ — Belgium, the Czech Republic, Denmark, Estonia, Finland, Ireland, Luxembourg, the Netherlands, Poland, Portugal, Slovenia, Spain, and Sweden — signed the statement.... Read more ›
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Tesla’s sales in Europe have plummeted by 42% this year, according to the latest figures from the European Automobile Manufacturers Association. Tesla’s slip came despite total EV sales on the continent rising 28% over the same period. Analysts have linked the slump to Tesla’s aging model lineup and growing backlash against CEO Elon Musk’s increasingly polarising behaviour. Whatever the reason, Andrew Fellows, an automotive and mobility expert at global tech... Read more ›
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In the summer of 2018, a devastating fire tore through Greece’s Attica region. In its aftermath, four scientists from the University of Cambridge and Imperial College London — including two Greeks — set out to answer a simple yet crucial question: why did some houses burn while others were left untouched? That question set off years of research into computer simulations for predicting wildfire risk and behaviour. In December 2023,... Read more ›
0
A new algorithm has improved the ability of quantum computers to model new materials and chemicals by a factor of 10. That’s according to its developer, UK startup Phasecraft. The Bristol- and London-based company describes the breakthrough as the largest single leap in quantum simulations to date — moving us a step closer to real-world quantum applications. Quantum computers improve on classical simulations by accurately modelling complex quantum behaviours —... Read more ›
0
BlackRock, the world’s largest asset manager, has launched its first Bitcoin product in Europe, a move that industry experts say will help legitimise cryptocurrencies in mainstream finance. “This is a landmark development for crypto, displaying confidence in Bitcoin for mainstream investments,” Meryem Habibi, chief revenue officer at London-based cryptocurrency trading platform Bitpace, told TNW. “Through this first in Europe, BlackRock is not only legitimising the asset class but also paving... Read more ›
0
San Francisco-based 23andMe, which sells at-home DNA testing kits, has filed for bankruptcy in the US and is looking for a new buyer — heightening concerns about the personal data of millions of people. 23andMe experienced a major data breach in 2023, which exposed personal information like family trees, birth years, and geographic locations of approximately half of the company’s 15 million users. Now, with the company sinking, 23andMe customers... Read more ›
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The Netherlands has ranked 10th in a global index of tech competitiveness, ahead of the entire G7 group of the world’s largest so-called “advanced” economies. The country was praised for its thriving digital economy, mature biotech and semiconductor industries, and strong digital skills underpinned by “engineering excellence.” London-based Centre for Economics and Business Research (CEBR) and consultancy SThree produced the index, which ranks 35 countries based on economic indicators such... Read more ›
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Last week, Elon Musk’s Starlink internet service was installed at the White House. A week before that, Donald Trump promoted Tesla on the White House front lawn, after rallying people to buy the company’s cars and stock. The Trump administration’s endorsements of Musk’s companies are attracting growing scrutiny. Critics argue that they’re breaking laws and threatening democracy. For the world’s richest man, the relationship is also causing business problems. One... Read more ›
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Just five months after surpassing ASML, German software giant SAP has overtaken Novo Nordisk to become Europe’s most valuable listed company. SAP’s shares rose 1.6% on Monday, bringing its market cap to €313bn. That was just enough to nudge Danish weight loss drugmaker Novo off the top spot. SAP’s stock has risen more than 40% in the past year, amid booming demand for its AI-driven enterprise resource planning software (ERP).... Read more ›
0
Fuelled by $15bn in financing, Northvolt was supposed to be Europe’s great battery success story — a homegrown champion capable of competing with Asian and American giants. So when Northvolt filed for bankruptcy last week, after months of job cuts, restructuring, and multiple failed attempts to raise more money, it dealt a massive blow to Europe’s ambitions to ramp up domestic production of lithium-ion batteries, which power everything from EVs... Read more ›
0
The United States has long understood a simple truth: war is won not by size alone, but by speed and creativity. Indeed, innovation has always been crucial in conflict. Armour made knights safe until the crossbow came along. High walls protected cities until cannons emerged. Trenches were made obsolete by fast-moving mechanised forces. The lesson: a military that cannot innovate is one that falls behind. Yet Europe remains stuck with... Read more ›
8
Finnish startup Distance Technologies emerged from stealth last year with a technology it claims can turn any transparent surface into a mixed reality (MR) display. Now, it has teamed up with Patria to trial the tech on the defence firm’s armoured vehicles. The partners will jointly develop a heads-up display for Patria’s six-wheel drive armoured personnel carrier. The system will display 3D tactical data, terrain mapping, and AI-driven military insights... Read more ›
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With the compliance deadline for the European Accessibility Act (EAA) fast approaching, companies are urgently trying to ensure their websites meet the requirements of the EU directive. One appealing solution is accessibility widgets — small add-ons with features like text resizing, contrast adjustments, and text-to-speech functions. However, while these widgets promise fast and inexpensive compliance, they often fail to address the real issues of accessibility. In fact, they can even... Read more ›
0
The European Space Agency has released the first major batch of data from its “dark universe” telescope Euclid. What’s inside could change our understanding of dark matter and the expansion of the universe. The data comprises just one week’s worth of deep field images from three points in space. They make up just 0.4% of the vast area Euclid will capture, which scientists say will be the largest 3D map... Read more ›
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Aerospike rocket engines are the stuff of legend in the space industry. Conceived in the 1960s, their unique spiked-nozzle design promises better efficiency, reusability, and performance at all altitudes. But their complexity — and the shutdown of major space programmes towards the end of the 20th century — meant they never entered the mainstream. But now, startups are dusting off old designs and using new technologies to revive aerospike engines... Read more ›
0
Oslo-based startup Visoid has raised €700,000 in seed funding for its AI software, which helps architects turn their 3D models into striking renders within seconds. For architects and designers, a good render can mean the difference between winning or losing a client. However, rendering typically requires a lot of time, effort, expertise — and money. Tools like Visoid look to disrupt the status quo. “What started as a simple tool... Read more ›
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Another star footballer has joined a startup’s lineup. Portugal’s Diogo Dalot is the latest recruit, teaming up with compatriot Cristiano Ronaldo to back personalised supplement pioneer Bioniq. Dalot has invested €1mn in the company, which has developed an innovative approach to nutrition. Founded in 2019, Bioniq analyses blood test biomarkers to create customised supplements for athletes. The recipes are created by an algorithm trained on over 6 million biochemical data... Read more ›
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Dutch unicorn Mews will most likely list in the US instead of in Europe if the hospitality management company goes public, its CEO and co-founder Matthijs Welle told TNW. “An IPO is one of the options that we would consider for the future, and if we were to go down that route, a listing in the US is the most likely option, although it is too early to specify further... Read more ›
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Irish startup Equal1 has unveiled the world’s first quantum computer that runs on a hybrid quantum-classical silicon chip. Dubbed Bell-1 — after quantum physicist John Stewart Bell — the computer weighs around 200kg and plugs into a regular electrical socket. The rack-mountable machine is designed to simply slot into high-performance computing (HPC) data centres alongside standard servers. Equal1’s CEO Jason Lynch told TNW that combining quantum technology with today’s most... Read more ›
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29.03.2025 17:15
Last update: 17:00 EDT.
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