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The Next Web
Linnea Ahlgren @ The Next Web · 09/21/2023 09:03 EDT

EIF invests €40M in female-founded climate tech growth fund

The European Investment Fund (EIF) announced today it would invest €40mn with Blume Equity. Based out of London, the VC was founded by three women in 2020, and invests into European high-growth climate tech scaleups.  Blume Equity backs companies focusing on decarbonisation as well as broader environmental sustainability. These include carbon accounting platform Normative, sustainable femtech startup Elvie, Matsmart Motatos that looks to combat food waste, and IoT industrial SME... Read more

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The Next Web
Ioanna Lykiardopoulou @ The Next Web 1 place · 09/21/2023 06:16 EDT

UK targets Meta’s encryption plans over child sexual abuse concerns

On Wednesday, the UK’s Home Secretary Suella Braverman unveiled a new campaign against Meta, urging the tech giant to rethink its plan to roll out end-to-end encryption (E2EE) on Facebook Messenger and Instagram. The company aims to finalise the encryption rollout later this year, but the British government is worried that the move will hinder the detection of child sexual abuse. According to the Home Office, 800 predators are currently... Read more

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The Next Web
Linnea Ahlgren @ The Next Web · 09/21/2023 05:45 EDT

Apple store workers in France to strike during iPhone 15 launch

Apple is having a rough time of it in France as of late. As if mandated updates to the iPhone 12 due to radiation concerns weren’t enough, Apple customers in the country may now struggle to get their mitts on the latest model when it’s released.  French Apple store workers have voted to strike at the end of the week — coinciding with the launch of the iPhone 15. Apple... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 1 place · 09/20/2023 10:47 EDT

Hackers breach defences of ICC war crimes tribunal

The computer systems of the International Criminal Court (ICC), the world’s most high-profile war tribunal, were hacked last week, according to a statement released by the court yesterday. The tribunal said that its services detected “anomalous activity” affecting its information systems and that “immediate measures” were adopted to respond to this cybersecurity incident and to mitigate its impact.  The ICC, headquartered in The Hague, Netherlands, is the only permanent war... Read more

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The Next Web
Ioanna Lykiardopoulou @ The Next Web 3 place · 09/20/2023 10:15 EDT

Europe and US head-to-head in 3D printing innovation surge

3D printing, also known as additive manufacturing, has seen exponential growth over the past decade, analysis by the European Patent Office (EPO) reveals. In its latest study, the EPO found that international patent families (IPFs) in 3D printing tech increased at an average rate of 26.3% each year between 2013 and 2020. Notably, this growth rate is nearly eight times faster than the average of all other technology sectors combined... Read more

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The Next Web
Ioanna Lykiardopoulou @ The Next Web 3 place · 09/20/2023 07:44 EDT

DeepMind’s new AI tool can predict genetic diseases

Google DeepMind has unveiled its novel AI tool that can predict whether DNA mutations are likely to cause genetic diseases. The ambition is that it will  facilitate faster diagnosis and development of life-saving treatments. The new AI model, called AlphaMissense, makes predictions about missense mutations, which occur when a single letter is substituted in the DNA code. The letters correspond to four nucleotides: adenine (A), cytosine (C), guanine (G), and... Read more

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The Next Web
Linnea Ahlgren @ The Next Web 2 place · 09/20/2023 07:29 EDT

Carbon accounting startup Plan A secures $27M to expand across Europe

Berlin’s corporate carbon accounting platform Plan A has just received a fresh boost of capita in the form of $27mn from Lightspeed Venture Partners, Visa, and others. The ESG reporting SaaS startup will use the money to double its headcount to 240+ employees and expand market presence across Europe, particularly in Scandinavia, France, and the UK.  Greentech software provider Plan A was founded in 2017 by Lubomila Jordanova and Nathan... Read more

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The Next Web
Siôn Geschwindt @ The Next Web · 09/20/2023 05:36 EDT

German startup Fernride bags $50M to make trucking autonomous

Munich-based autonomous trucking startup Fernride has closed a further $19mn in its Series A funding round, neatly pushing the total amount raised in the round to $50mn.  Founded in 2019, Fernride has developed autonomous vehicle software that converts trucks into self-driving machines. These haulers operate at Level 4 autonomy which means the vehicle can drive itself within a specific area — albeit with a bit of supervision from a remote... Read more

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The Next Web
Thomas Macaulay @ The Next Web · 09/20/2023 04:37 EDT

UK’s controversial Online Safety Bill to become law

Britain’s controversial Online Safety Bill will soon become law after passing through parliament on Tuesday. The sweeping legislation places strict news content moderation rules on social media companies. Platforms will become legally responsible for the material they host. Under the new rules, platforms will have to quickly remove any illegal content — or stop it from appearing in the first place. They also must prevent children from accessing harmful and... Read more

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The Next Web
Siôn Geschwindt @ The Next Web · 09/19/2023 11:18 EDT

French car battery startup secures €2bn as EU looks to wean itself off Chinese tech

French car battery startup Verkor has secured €2bn to build its first manufacturing plant in France, at a time when Chinese competitors are rapidly gaining market share in Europe.   The funding round includes €650mn in French subsidies, a sizeable level of state support indicative of the government’s commitment to boosting local production of lithium-ion batteries — the beating hearts of electric cars.   Construction of the mega-factory will kick off next... Read more

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The Next Web
Thomas Macaulay @ The Next Web · 09/19/2023 10:57 EDT

85% of EU citizens want more political action against disinformation

The fight against “fake news” appears to have overwhelming support in the EU. According to a new study, 85% of the bloc’s citizens want policymakers to take more action against disinformation, while 89% want increased efforts from platform operators. Just 7% do not feel that stronger responses are required. The findings emerged from surveys by Bertelsmann Stiftung, a pro-business German think tank with close ties to the EU. Across the... Read more

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The Next Web
Linnea Ahlgren @ The Next Web · 09/19/2023 08:08 EDT

Meet the VC on a mission to bridge climate tech’s funding gap

When it comes to saving the world — or, let’s face it, civilisation, the planet will recover — there is no silver bullet. Rather, it is going to take a holistic approach of caring for the Earth and each other.  A technological revolution got us into this pickle. Ironically, technology might just be the Hail Mary that will pull us, if not entirely out of it, then at least away... Read more

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The Next Web
Thomas Macaulay @ The Next Web · 09/19/2023 07:24 EDT

UK’s new AI principles target ‘pro-innovation’ edge over the EU

Britain has expanded its principles-based approach to AI regulation, which aims to create a pro-innovation edge over the EU. In an announcement yesterday, the UK government unveiled seven new principles for so-called foundation models (FMs), which underpin applications such as ChatGPT, Google’s Bard, and Midjourney. Trained on immense datasets and adaptable to various applications, these systems are at the epicentre of the AI boom. Their power has also sparked alarm.... Read more

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The Next Web
Siôn Geschwindt @ The Next Web · 09/19/2023 05:46 EDT

Europe’s largest solar thermal energy plant opens in Belgium

Dutch packaging and materials manufacturer Avery Dennison has opened what it claims to be Europe’s largest concentrated solar thermal platform and storage unit at its factory in Turnhout, Belgium.   The new thermal solar energy plant comprises 2,240 surface mirrors, with a peak energy yield of 2.7GWh thermal power. It also contains six thermal modules that store energy for when the sun isn’t shining.   Concentrated thermal solar power harnesses sunlight by... Read more

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The Next Web
Sarah Geraghty @ The Next Web · 09/19/2023 05:45 EDT

How to apply for a management role when you don’t have management experience

“Should I bother going for this job at all? I’ve never managed anyone.” Clients regularly ask this and my answer tends to be, “Yes, of course you should.” A quick glance at a job spec will tell you why. You may not have headed up a team of software engineers but you have most likely done something along the way that proves you could. Good managers are, first and foremost,... Read more

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The Next Web
Linnea Ahlgren @ The Next Web 3 place · 09/18/2023 08:34 EDT

Hydrogen aviation startup ZeroAvia lands largest funding round to date

ZeroAvia, one of the leading zero-emission aviation companies in the world, just announced its largest financing round to date. The funding round was co-led by Airbus, Barclays Sustainable Impact Capital, and NEOM. Other participants included Bill Gates’ Breakthrough Energy Ventures, Alaska Airlines, and the Amazon Climate Pledge Fund. No exact funding amount has been disclosed due to legal reasons, but a spokesperson for the startup confirmed to TNW that it... Read more

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The Next Web
Linnea Ahlgren @ The Next Web 2 place · 09/18/2023 05:55 EDT

European space startup chooses Indian rocket for Moon mission prototype launch

Europe’s dawdling on the Ariane 6 is becoming increasingly costly as the new era of space race exploration — and exploitation — heats up. The Exploration Company, based in Bordeaux and Munich, has just signed an agreement with the Indian Space Research Organisation (ISRO), in service of its aim of making it to the Moon by 2028.  The startup will partner with ISRO’s commercial arm, New Space India Limited (NSIL),... Read more

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The Next Web
Thomas Macaulay @ The Next Web 1 place · 09/15/2023 12:38 EDT

Only 5% of $22B in VC funding for generative AI went to Europe

European startups got just $1bn of the €22bn that VCs have invested in generative AI since 2019, according to data from Dealroom. Unsurprisingly, American companies attracted the bulk of the money. A whopping $20bn — 89% of the global total — went to US startups. Their Asian counterparts raised only $790mn, while the rest of the world combined bagged just $454mn. Dealroom’s data collection ended on July 10, 2023. US... Read more

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The Next Web
Thomas Macaulay @ The Next Web 2 place · 09/15/2023 08:55 EDT

NASA and the ESA edge closer to explaining the Sun’s mysterious heat

Two spacecraft have taken a giant leap towards revealing why the Sun’s atmosphere is so damn not. The collaboration between NASA and the European Space Agency (ESA) explored an enduring mystery. In theory, the sun’s atmosphere — the corona — should be cooler than its surface. This is because the Sun’s energy comes from the nuclear furnace in its core. As the corona is further away from this heat source,... Read more

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The Next Web
Ioanna Lykiardopoulou @ The Next Web 1 place · 09/15/2023 07:45 EDT

Improving driver monitoring systems: The case for synthetic data

Driver monitoring systems (DMS) that assess alertness behind the wheel are rapidly becoming the leading automotive safety feature across the globe. In the EU for example, vehicle safety regulator EuroNCAP is requiring all new cars to incorporate a DMS in order to comply with its safety rating. Amidst this push, startups are benefiting from business opportunities in the DMS space, offering solutions that range from heartmetrics to onset sleep detection.... Read more

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