The UK government reportedly plans to invest €163mn in French satellite firm Eutelsat as Europe pushes to back a local alternative to Elon Musk’s Starlink. The investment, first reported by Reuters, follows the lead of the French state, which is set to inject €717mn into Eutelsat as part of a €1.35bn funding package to prop up the indebted satellite communications provider. The UK contribution would bring Eutelsat’s recapitalisation to around... Read more ›
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Funding focus is a new series analysing cash flow into the European tech ecosystem. After debuting with a look at the biggest rounds so far this year, we now turn to the largest deals in the Netherlands for H1. Startups in the Netherlands raised just $503mn (€429mn) in the first quarter of this year — the lowest quarterly total since the early days of the COVID-19 pandemic, according to Dealroom... Read more ›
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A group of major European media organisations has launched a chatbot aimed at combating online disinformation. The tool, called ChatEurope, responds to queries with information verified by journalists. It was set up by a consortium of media brands led by Agence France-Presse. Fourteen other news organisations, including France Médias Monde, Deutsche Welle, El País, and Romania’s RFI, have supported the project, which is also backed by the European Commission. The... Read more ›
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Ubotica, an Irish startup specialising in edge AI for satellites, has partnered with two Dutch firms to develop an intelligence platform aimed at bolstering maritime security across European waters. The company will work with Fugro, a provider of offshore surveying and geodata services, and DTACT, a defence-focused cybersecurity firm, to offer governments a new tool for monitoring critical underwater infrastructure, including gas pipelines and subsea cables. The platform aims to... Read more ›
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Finnish startup Donut Lab has secured €25mn in seed funding to scale up its in-wheel hub motors for electric land, sea, and air vehicles. Alongside the investment, Donut Lab is opening an R&D hub in Chippenham, UK. Risto Siilasmaa, serial tech investor and former Nokia chairman, has also joined the company’s board. Marko Lehtimaki, Donut Lab’s CEO and co-founder, said the investment signals a continued demand for the company’s technology.... Read more ›
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Wimbledon’s new automated line-calling system glitched during a tennis match Sunday, just days after it replaced the tournament’s human line judges for the first time. The system, called Hawk-Eye, uses a network of cameras equipped with computer vision to track tennis balls in real-time. If the ball lands out, a pre-recorded voice loudly says, “Out.” If the ball is in, there’s no call and play continues. However, the software temporarily... Read more ›
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Tech startup Kuva Space is working with the Finnish Environmental Institute (Skye) to analyse the health of the Nordic country’s waters with a specialised satellite. The pilot test will harness Kuva’s hyperspectral sensors, which can analyse a wider light spectrum than traditional sensors. From space, the company’s probe can read the spectral signatures of almost any material on Earth — including toxic cyanobacteria. Also known as blue-green algae, these tiny... Read more ›
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French software firm LumApps is set to merge with Swiss counterpart Beekeeper in a deal that will create a new business valued at over $1bn. LumApps, which calls itself an “intranet super app,” offers a platform that helps staff at large firms manage internal communications and workforce apps. Meanwhile, Beekeeper provides a mobile platform that helps companies engage with their frontline workers via tools such as messaging, shift scheduling, and... Read more ›
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Swedish startup Lovable is in talks to raise $150mn at a valuation just shy of $2bn, the Financial Times reports. The Stockholm-based business has built a generative AI platform that allows non-technical users to build apps or websites based on simple text prompts. “I decided what we needed to do is build for the 99% who do not create software,” Anton Osika, Lovable’s co-founder, told TNW in April. Osika founded... Read more ›
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The Dutch government has approved the first electric scooter for public roads and bike lanes, marking a cautious yet significant shift in the country’s tough stance on micromobility. Dubbed Selana Alpha and developed by the startup Selana, the vehicle was recently approved for use on Dutch roads by the national transport authority (RDW). In the process, the e-scooter earned its first blue license plate, which means it’s now legally allowed... Read more ›
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Despite a cautious VC climate and ongoing geopolitical jitters, European startups are still attracting serious cash. Covering everything from AI drug discovery and space launches to quantum software and fusion energy, the continent’s startups raised €19bn in the first half of 2025, according to Dealroom data. We’ve crunched the numbers so you don’t have to. Here are the 20 largest startup funding rounds for H1 2025. (Note: This list includes... Read more ›
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The EU AI Act is expected to introduce its key rules for general-purpose AI (GPAI) models on August 2. However, amid growing concerns that over-regulation could erode Europe’s competitiveness in artificial intelligence, calls to postpone the roll-out have intensified from some key stakeholders, including Swedish Prime Minister Ulf Kristersson, Bosch CEO Stefan Hartung, and the tech lobbying group CCIA Europe, whose members include Alphabet, Meta, and Apple. At TNW Conference... Read more ›
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The NATO Innovation Fund (NIF) has made its first investment in a biotechnology startup. The alliance’s VC arm announced today that it’s co-leading a $35mn Series A round for UK-based Portal Biotech as it seeks to strengthen NATO’s defences against biological warfare. Portal develops portable, AI-powered diagnostic devices capable of detecting pathogens at the single-molecule level. Unlike traditional lab-based systems, its platform is designed for field deployment. It aims to... Read more ›
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AI slop songs are flooding Spotify — and the latest hit is by an indie rock band called The Velvet Sundown. The track’s success has intensified the ongoing debate on whether or not music streaming sites should label AI-generated songs. The group has attracted 474,341 monthly listeners on Spotify in under a month. Its top track, “Dust on the Wind” — which sounds similar to the 1977 Kansas hit “Dust... Read more ›
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The European Union has 24 official languages and dozens more unofficial ones spoken across the continent. If you add in the European countries outside the union, then that brings at least a dozen more into the mix. Add dialects, endangered languages, and languages brought by migrants to Europe, and you end up with hundreds of languages. One thing many of us in technology could agree on is that the US... Read more ›
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Switzerland pours more of its venture capital into deep tech than any other country, according to new data. The Swiss Deep Tech Report 2025 found that 60% of all Swiss venture funding between 2019 and 2025 went to deep tech — far surpassing any other nation. The capital represents a big bet on cutting-edge science developing into global businesses. Startups in the sector pulled in $1.9bn in funding last year,... Read more ›
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A British-built manufacturing satellite successfully launched into orbit on its first test mission. Cardiff-based startup Space Forge launched the probe — called ForgeStar-1 — aboard SpaceX’s Transporter-14 rideshare mission from Vandenberg Space Force Base in California on Tuesday. The launch marks the first time the UK has sent a spacecraft into orbit to produce new materials in the unique conditions of space, according to the startup. Joshua Western, CEO and... Read more ›
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Helsinki has launched a pilot project to test e-scooters equipped with AI-powered sensors that monitor rider behaviour and flag safety risks in real time. Backed by the European Union, the trial involves 40 shared e-scooters from Tier-Dott, one of Europe’s largest operators. Each vehicle is fitted with sensors developed by UK-based See.Sense, which detect sudden braking, swerving, and vibrations that may signal road hazards. The data is then analysed and... Read more ›
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Norwegian software firm Visma has provisionally picked London for its IPO next year. It could mark a rare win for the UK’s troubled stock market — if Downing Street pulls through on its promised reforms. British private equity firm Hg acquired a 70% stake in Visma in 2006 at a £380mn (€445mn) valuation. The company, which makes accounting, payroll, and HR software products, is now worth an estimated €19bn. Visma... Read more ›
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ASML’s former CEO believes Donald Trump’s reelection presents a golden opportunity for Europe. Peter Wennink, who led ASML to become the continent’s most valuable tech company, sees a chance for other businesses to thrive by embracing collaboration as the US shifts toward isolationism. “Mr Trump could be the best thing that ever happened to Europe… I think people have woken up,” Wennink said at TNW Conference on Friday. He now... Read more ›
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Europe’s best-funded space tech firm, Isar Aerospace, plans to strengthen the continent’s access to orbital satellites after raising €150mn to expand its launch service. Daniel Metzler, Isar’s CEO and co-founder, said the investment reflects “strong confidence” in the company’s mission to become a new European space leader. “We are catering to the rising global demand for satellite launch services and provide global markets and governments with independent and flexible access... Read more ›
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Most popular sources
Eurogamer.net
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18% 12 |
Business Insider
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14% 4 |
Gizmodo
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9% 1 |
The Verge
|
9% 0 |
Wired
|
8% 1 |
| View sources » | |
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11.07.2025 02:14
Last update: 02:05 EDT.
News rating updated: 09:01.
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