Every entrepreneur has to overcome obstacles, but few have faced the challenges of Oleksandr Kosovan. As the founder and CEO of Ukrainian scaleup MacPaw, Kosovan runs his business in a country under invasion. The company has even been hit by missile barrages. As relentless Russian bombing and shelling pummel Ukraine, his team presses on with their work. In October, they released a new version of CleanMyMac, MacPaw’s flagship maintenance and... Read more ›
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Consumer tech devices, including smartwatches, have deplorably short lives. Most are tossed aside when the screen cracks, the battery dies, or the software falls behind — adding to the world’s whopping great pile of e-waste. Scottish startup Una aims to upend this take-make-waste cycle. The company’s sports smartwatch is built to be repaired. Users can easily swap, replace, and upgrade individual components like the screen, battery, and health sensors, extending... Read more ›
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Five fast-growing Nordic scaleups have reached the finals of TECH5 — the “Champions League of Technology.” They join a standout quintet from Benelux, unveiled last week, in the race to be crowned Europe’s hottest scaleup. The Nordics — comprising Denmark, Finland, Iceland, Norway, and Sweden — boast just 27 million people but punch well above their weight in innovation. The region has Europe’s highest density of unicorns — privately held... Read more ›
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Europe’s tech industry is bracing for impact after the Trump administration announced sweeping tariffs yesterday. The US slapped a 20% tariff on imports from the EU — twice the rate for the UK. Switzerland fared even worse, receiving a hefty 32% levy. Several European tech firms, investors, and analysts told TNW that the measures could disrupt supply chains, force pricing adjustments, and stem the flow of transatlantic VC capital —... Read more ›
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“Hello, I will be your driver for today,” says Bartek Szurgot, a software engineer at German startup Vay and my chauffeur for this ride. He disengages the handbrake, gently presses the accelerator and the new Kia Niro EV I’m sitting in slowly pulls out of the parking lot. As we approach the first intersection, Bartek indicates, turns the steering wheel, makes his observations, and drives out onto a busy road... Read more ›
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Google DeepMind’s reported clampdown on sharing research will stifle AI innovation, warns the CEO of Iris.ai, one of Europe’s leading startups in the space. The UK-based lab has tightened its rules on releasing AI studies, the Financial Times reported this week. Citing seven current and former DeepMind scientists, the newspaper said the company has introduced stricter vetting and additional bureaucracy, making it harder to publish research. The changes aim to... Read more ›
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Every entrepreneur has to overcome obstacles, but few have faced the challenges of Oleksandr Kosovan. As the founder and CEO of Ukrainian scaleup MacPaw, Kosovan runs his business in a country under invasion. The company has even been hit by missile barrages. As relentless Russian bombing and shelling pummel Ukraine, his team presses on with their work. In October, they released a new version of CleanMyMac, MacPaw’s flagship maintenance and... Read more ›
0
One of Europe’s leading climate tech VC firms has called for a “fundamental redesign” of traditional computing methods amid surging energy consumption from AI applications. The Berlin-based World Fund warns that simply transitioning data centres to renewable power will not be enough to fully decarbonise AI compute. “We need to rethink the way we go about computing, from the materials and chips we use to software we run,” Daria Saharova,... Read more ›
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Gone are the days when a bean bag and free kombucha made your office cool. Today’s top tech talent wants something far more valuable: their health. That’s the view of Lucien Engelen, a renowned healthcare innovation expert, who believes workplace wellbeing is about to spark a seismic shift. This transition will not only transform employment perks, but also create a new tech market. Engelen’s vision draws on deep experience. Across... Read more ›
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The European Space Agency’s (ESA) Rosalind Franklin rover is back on course for a landmark trip to Mars, where it will probe the red planet for signs of extraterrestrial life. ESA initially designed the Mars rover alongside Roscosmos, Russia’s space agency, as part of the ExoMars programme. The vehicle was set to launch in 2022, but when Russia invaded Ukraine, ESA severed ties with Moscow, putting the mission in jeopardy.... Read more ›
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German startup Isar Aerospace launched its Spectrum rocket from Andøya Spaceport in Norway today, marking the first-ever vertical orbital rocket launch in Western Europe. Spectrum blasted off at 12:30 PM CEST (11:30 BST) but lost control at about 25 seconds into the flight. A video from the launch shows the rocket wobble, pitch over, and then plummet back to the ground, where it collided with the ocean, causing a large... Read more ›
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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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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08.04.2025 07:19
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