Artificial intelligence (AI) makes important decisions that affect our everyday lives. These decisions are implemented by firms and institutions in the name of efficiency. They can help determine who gets into college, who lands a job, who receives medical treatment and who qualifies for government assistance. As AI takes on these roles, there is a growing risk of unfair decisions – or the perception of them by those people affected.... Read more ›
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Across Europe, skills shortages are emerging as a key challenge. The Council of the European Union says this is driven by demographic change, demand for new skillsets, and poor working conditions in some sectors. Adding to that, a recent report highlighted that around 42% of Europeans lack basic digital skills, including 37% of those in the workforce. The rapid advancement of AI is adding more pressure. While AI offers the... Read more ›
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Every year, millions of businesses are created around the world. In order for these big ideas to turn into successful startups, most of them will inevitably come up against the challenges of fundraising. While there is no magic formula, there are variables that founders can hone in on when engaging with potential investors. TNW sat down with San Francisco-based VC Plug and Play early-stage investor Letizia Royo-Villanova during the Red... Read more ›
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Finnish startup Oura has closed its Series D funding round at $200mn, bringing the smart ring maker’s valuation to a cosy $5.2bn. Oura’s smart ring uses 20 biometric markers to track sleep, physical activity, and stress resilience. The device displays this data on an app that gives you a personalised “readiness” score. We tested the wearable earlier this year and were genuinely impressed. Founded in 2013, Oura secured its first... Read more ›
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Munich-based startup Vaeridion has secured €14mn to develop an electric aircraft that it hopes will whisk passengers on short-haul routes around Europe by 2030. “The microliner looks like a regular plane and it takes off from a runway — the only difference is that it will be powered by batteries,” Vaeridion’s co-founder and CEO, Ivor van Dartel, told TNW in an interview last month. “For operators and passengers, the experience... Read more ›
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Short-term rental platforms like Airbnb have transformed travel. They’ve made it easier for tourists to access personalised, private accommodations and for property owners to monetise their spaces. With global tourism now on track for a full recovery post-COVID, Hostaway has secured a cool $365mn at a $925mn valuation as it looks to cash-in on the boom in short-term rentals. Hostaway is a property management system (PMS) and software marketplace for... Read more ›
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It’s been a great year for the Dutch startup ecosystem. Venture capitalists have, so far, invested $3.5bn into Netherlands-based early-stage companies, according to Dealroom data. That makes 2024 Dutch tech’s second-best funding year ever, surpassed only by 2021. Dutch startups have raised almost 50% more ($1.1bn) cash this year than in 2023 — and there are still two weeks to go. It’s a striking uptick, especially considering the rather muted... Read more ›
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According to the 2024 Global Startup Ecosystem Report by Startup Genome, the Netherlands ecosystem is now ranked number 13 in the world — placing it ahead of both Paris and Berlin. In 2023, Dutch startups raised $2.2bn. While there have been fewer startup deals this year, overall investment is up, according to figures from the Dutch Startup Association. And for some startups and scaleups, 2024 was truly a monumental year.... Read more ›
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Baller League — a new six-a-side football league that has attracted support from legends like Ronaldinho, Gary Lineker, and Luis Figo — has raised $25mn from EQT Ventures as it looks to initiate a “new era” for the beautiful game. German entrepreneur Felix Starck co-founded the Baller League last year alongside former players Mats Hummels and Lukas Podolski. The founders wanted to change the way younger audiences engage, view, and... Read more ›
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Boston Dynamics’ robot dog “Spot” has become somewhat of an internet sensation, no doubt thanks to its (perhaps disturbingly) killer dance moves or displays of super-strength. But Spot is far from the only robodog on the block. One of its competitors is ANYmal, an autonomous quadruped that’s impressively good at everything from parkour to climbing ladders. Apart from doing tricks, ANYmal also has a real job. It does routine inspections... Read more ›
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Microsoft probably needs no introduction. But in case you are not familiar with the Microsoft for Startups program, it is an initiative that provides free licences and Azure credits to selected software entrepreneurs over the course of three years. Needless to say, its general manager, Hans Yang, is somewhat of an expert when it comes to identifying the ideas that will make it to market and that particular drive he... Read more ›
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From bricklaying robots to zero-carbon cement, startups are shaking up construction in a high-tech bid to build better, greener structures. One of these early-stage ventures is Finland-based Aisti. Founded in 2019, the company has come up with a way to make acoustic tiles that are “carbon-negative.” Acoustic panels are a common construction material used to reduce noise and improve sound quality in buildings. Aisti has raised €29mn in a mix... Read more ›
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Rome-based venture capital firm Scientifica has launched a €200mn fund to support startups in quantum computing, artificial intelligence, and other frontier technologies. The fund, set to launch early next year, will provide early-stage companies with both financial backing and access to advanced lab spaces. Scientifica’s fund is based on a “Zero CapEx” model. Startups can use Scientifica’s 4,000 m² of laboratories and a network of 70 certified labs in Italy... Read more ›
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If you live in Europe and you use a neobank, you’ve likely been interacting with Upvest’s investment products without even knowing it. The Berlin-based startup runs a stock-trading API that integrates into some of the biggest fintechs in Europe — Revolut, N26, Bunq, Plum, Raisin, Shares and Vivid. Through these banks, some 50 million users have access use the company’s investment products, it said. Amid a broader neobank boom, Upvest... Read more ›
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On a warm day in October, three corporates and two startups gathered together in the TNW offices for the conclusion of the one-hundred-day Vodafone IoT Challenge. Innovation is something all businesses want, but few actually have time for. We read about the advanced new tools and technologies collecting richer insights and making things faster and easier than ever before. But, when it comes down to it, day-to-day tasks always end... Read more ›
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Amsterdam-based startup CarbonX has secured €4mn to industrialise a new anode material that could help Europe reduce its reliance on China for graphite, a substance which makes up half the weight of a typical lithium-ion battery. Netherlands-based VC Energy Transition Fund Rotterdam led the round. It’s an extension on CarbonX’s €10mn capital injection announced in February, capping off the funding round at a cosy €14mn. Graphite is the go-to material... Read more ›
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At TNW, we are all about supporting and elevating startups and entrepreneurs who are doing epic stuff with tech. When Red Bull reached out to talk about their innovation competition, my first thought was what on Earth do we have in common with an energy drink company that has people jumping off cliffs and surfing really large waves? Apart from fuelling — in different ways — founders and developers across... Read more ›
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A police force in the UK is using Bluetooth tracking wristbands for people with dementia in a high-tech bid to keep them safe. Starting this month, Avon and Somerset Police will start giving out Bluetooth wristbands for free to families. It’s part of a broader initiative to protect dementia patients, who often suffer from extreme memory loss and confusion as a result of the incurable condition. The wristbands are fitted... Read more ›
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In 2018, Elon Musk put a Tesla in space. Like many of the billionaire’s antics, it was a publicity stunt. However, it pointed to an undeniable truth: the future of space travel is electric. Most spacecraft today — like cars and trucks back on Earth — burn chemicals to get around. But space agencies like NASA, ESA, and France’s CNES have been experimenting with electric thrusters for decades, in a... Read more ›
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December is a good time to think about your next career move. Your colleagues may be on a go-slow when it comes to getting projects over the line ahead of the Christmas holiday period, but for those with an eye on 2025’s job-hunting prize, this month can be a really fruitful time to look for a new opportunity. Bonnie Dilber, who is a recruiting leader at Zapier and an HR... Read more ›
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06.05.2025 23:02
Last update: 22:41 EDT.
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