Swiss startup Sirius Aviation has unveiled designs for the world’s first hydrogen-electric vertical takeoff and landing (eVTOL) aircraft. The jet, which kind of looks like Night Fury from How to Train Your Dragon, is billed to travel 1,851 km at speeds up to 520 km/h. That is four times as far as competitors like German eVTOL startup Lilium are targeting using batteries. It will achieve these feats thanks to liquid... Read more ›
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As a kid, perhaps unsurprisingly, I was the only person I knew interested in birdwatching. Nevertheless, I regularly went out in nature armed with my binoculars, bird book, and camera, ready to document as many species as I could. The process was largely manual — spot a bird through the binoculars, snap a pic (if it stood still for long enough), and then try to figure out what species it... Read more ›
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A humanoid just has taken a step towards consumer households after robot maker 1x raised a cool $100mn. The Norwegian startup will spend the funds on bringing an android named Neo to the market. The bipedal is designed for everyday domestic tasks, from laundry to tidying. “The once-distant dream of having a versatile, intelligent home assistant is now becoming a reality,” Bernt Øivind Børnich, CEO of 1X, told TNW. Børnich... Read more ›
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The European Space Agency’s budget for 2024 has hit a record €7.79bn — 10% more than last year. The largest portion of the funds will go to Earth observation (EO), which is allocated almost €2.4bn — around 30.5% of the total. It’s a share that reflects growing demands for satellite-based monitoring of our planet. The data can play a powerful role in managing pressing global challenges, such as climate change... Read more ›
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Welcome to the new episode of the TNW Podcast — the show where we discuss the latest developments in the European technology ecosystem and feature interviews with some of the most interesting people in the industry. In today’s episode, Andrii is joined by Boris Veldhuijzen van Zanten, co-founder, member of the board, and former CEO of TNW. The topics discussed include the jobs created by Dutch startups, giant state... Read more ›
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Old Tesla batteries can look forward to new lives thanks to new funding for an energy system built from the ageing power units. The concept is the brainchild of Cactos, a startup based in Finland. Cactos converts the batteries into smart electricity storage units, which optimise energy consumption. Investors are providing growing backing for the approach. Cactos today announced that it’s raised over €26mn in equity funding, which the startup... Read more ›
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Europe is electrifying — literally. From EVs to heat pumps, more and more of our critical technologies need to get plugged in. This is a positive step toward net zero, but it is also putting a massive strain on the electricity grid. Grid congestion is like rush hour traffic on a busy highway — excessive demand for electricity creates bottlenecks and slows the flow of energy.This can cause power outages,... Read more ›
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Antitrust regulators in the EU have joined their British counterparts in scrutinising Microsoft’s alliance with OpenAI. The European Commission, the bloc’s executive arm, said on Tuesday that it’s “checking whether the partnership should be reviewed under the EU Merger Regulation.” If such a review is required, it could put the multibillion-dollar deal in danger. The EU’s announcement comes just weeks after British regulators made a similar move. In December, the... Read more ›
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Instability is at the heart of technology, as new innovations constantly change the game. However, the last couple of years have been especially volatile as interest rates rose, VC funding free-for-alls dried up, and mass layoffs began. Now things are beginning to stabilise, and organisations are hiring more strategically, jobs across tech sectors are a safer bet. Here’s where savvy job seekers are looking in 2024. AI The chaotic CEO... Read more ›
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Syndicate One, a Brussels-based angel investment group, has completed an initial €4.8mn close of its debut fund, after opening its capital to external investors for the first time in 2023. A second close is planned for early 2024. The capital will be used to further the group’s mission: boosting Belgium-based and Belgium-founded tech startups that show high potential. The early-stage investment group was launched in 2022 and draws from a... Read more ›
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There is big tech — and then there is smaller tech with big impact. Dutch AI startup Whispp is using assistive voice technology to convert speech diminished by ailments such as stuttering, throat cancer, vocal cord paralysis, and ALS, into the person’s original, natural voice. The startup, based in Eindhoven, just secured a €750,000 seed funding round led by LUMO Labs to launch its assistive voice technology and its first... Read more ›
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Dutch online supermarket Picnic has bagged a cool €355mn in funding after a year of international expansion, the company announced today. The grocery delivery service launched in the Netherlands back in 2015, before later entering France and Germany. Picnic said that the expansion across Europe helped the business grow by 40% in 2023. Turnover for the year reached an estimated €1.25bn. A particularly thriving new market is Hamburg, which hit... Read more ›
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AI is fast becoming a game-changer for banks, and 2023 saw a greater integration of these tools, especially in areas such as fraud detection and customer experience. The data-driven nature of the banking industry provides exactly the right environment for rapid and effective AI deployment. As we enter 2024, it is likely that there will be expeditious growth in both adoption and effectiveness in the areas where it is already... Read more ›
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A US rocket carrying the first ever European-built tech set to land on the moon successfully launched in the early hours of Monday morning. Known as an Exospheric Mass Spectrometer (EMS), the tech is a crucial component of the Peregrine Lunar Lander. Yesterday, the lander was propelled into space aboard a Vulcan rocket from Cape Canaveral space station. The EMS will explore the Moon’s atmosphere, by measuring water and other... Read more ›
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Readers, it’s happening: Apple will soon allow iOS users to sideload app stores in the European Union (EU). This will enable consumers to access software through other means than Apple’s App Store — and this move could have huge implications not only for the company, but also for Europe’s consumer and business markets. While the specific date for sideloading is unconfirmed, the rumours predict this will happen at some point... Read more ›
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The same tunnels used to extract fossil fuels for centuries are now helping to heat British homes with clean energy from the Earth’s core. It’s called mine water heating and it has the potential to provide critical warmth to hundreds of thousands of homes in the country’s north. At least one quarter of UK homes sit above abandoned coal mines. Residents in these towns and cities concurrently grapple with skyrocketing... Read more ›
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The Netherlands is among Europe’s biggest tech ecosystems, not only driving innovation but employment as well. According to a report by Dealroom, in 2023, Dutch startups created 256,000 jobs globally and 151,000 jobs spread across over 50 cities in the country. Age and size matter Last year marked the first time that startups founded between 2011 and 2017 offered as many jobs as companies founded up to 2005, including early... Read more ›
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The UK will become the first European country to launch a programme for high-tech uranium production — aiming to cut reliance on imports from Russia for the development of next-gen nuclear reactors. Specifically, the government is investing £300mn (€348mn) in high-assay low-enriched uranium (HALEU) in a bid to “push Putin out of the global energy market.” HALEU — which is currently commercially produced only in Russia — is necessary to... Read more ›
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Running a tech startup is a challenging endeavour under any circumstances. Imagine doing it under invasion with air raid sirens going off on average twice every 24 hours — and managing to grow 250% in the process. This is the story of OBRIO, a Ukrainian startup behind the successful astrology app Nebula. Speaking to TNW from his apartment in Kyiv just before the turn of the year, founder and CEO... Read more ›
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In this bonus episode of the TNW Podcast, we’re featuring an interview with Tomas Hrozensky, Senior Researcher and Lead on European Engagement at the European Space Policy Institute. We discussed how space policy actually works (and whether it works at all), what to expect from the EU space law that’s being developed as we speak, and much more. Listen to the episode with the player above — or, better... Read more ›
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02.05.2026 21:40
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