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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 â€ș

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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 â€ș

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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 â€ș

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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 â€ș

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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 â€ș

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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 â€ș

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The Next Web
Linnea Ahlgren @ The Next Web · 09/15/2023 05:39 EDT

British tech giant Arm rises to $65B valuation after first day of trading

Yesterday we reported that UK chip design company Arm was valued at just above $50bn before going public on the Nasdaq stock exchange. At the end of the day, the share price had jumped by close to 25% above the debut price. It rose from $56.10 to $63.59 — much higher than the $51 presented on Wednesday.  This made it the largest public listing in the US in nearly two... Read more â€ș

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The Next Web
Linnea Ahlgren @ The Next Web 1 place · 09/14/2023 05:39 EDT

UK chip designer Arm valued at $50B ahead of today’s IPO

And thus, after months of anticipation and speculation, the day of Arm’s IPO is upon us. The SoftBank-owned chip design company will begin trading in New York today, Thursday, with shares priced at $51 (€47.51) apiece. This gives Arm a valuation of $52.3bn (€48.7bn).  Japanese SoftBank intends to hold onto just above 90% of the company. Still, the heavily oversubscribed round is set to raise about $4.9bn for Arm’s owners.... Read more â€ș

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The Next Web
Ioanna Lykiardopoulou @ The Next Web 2 place · 09/14/2023 02:05 EDT

X Shore’s first commercial electric boat will bring students to school

X Shore, Sweden’s award-winning electric boat manufacturer, is launching its third model — and the first one dedicated to maritime professionals. Dubbed X Shore Pro, the electric vessel has been designed for companies and organisations with operations ranging from shuttle services and diving to commercial traffic and coast guards. Notably, one of the first boats sold will transport students to school in the Swedish archipelago. The X Shore Pro represents... Read more â€ș

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The Next Web
Ioanna Lykiardopoulou @ The Next Web 3 place · 09/13/2023 18:05 EDT

Ubotica and IBM bring one-click deployment of AI on board satellites

Amid the increasing commercialisation of space tech, Ubotica has partnered up with IBM to simplify the use of AI applications on board low-Earth-orbit (LEO) satellites. Founded in 2016, the Dublin-headquartered startup provides its CogniSAT edge computing platform for artificial intelligence systems on satellites, which enables AI inference to be performed on data directly in space. This is with the aim of addressing a pressing challenge: the costly and time-consuming storage... Read more â€ș

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The Next Web
Linnea Ahlgren @ The Next Web · 09/13/2023 12:39 EDT

Carbon offset data startup Treefera raises €2M to map forests with AI

Treefera says it wants to transform the accuracy, transparency, and efficiency of the carbon offset industry with AI and data from a trillion trees across the globe. It just received a vote of confidence in the form of a €2mn seed round led by Concept Ventures and participation from the CTO of Intel, among others. The practice of voluntary offsetting has faced criticism from various quarters, with concerns ranging from... Read more â€ș

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The Next Web
Thomas Macaulay @ The Next Web · 09/13/2023 10:12 EDT

EU president: Europe is the ‘global pioneer’ of citizen’s digital rights

Europeans have become “pioneers in online rights” and now want to lead a “global framework for AI,” the EU’s top official said today. Ursula von der Leyen, the European Commission’s president, revealed the bloc’s digital plans during her State of the Union address in Strasbourg. She used the speech to flaunt the achievements of her three-year reign. A particularly large spotlight was shone on her tech policies. “We have set... Read more â€ș

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The Next Web
Ioanna Lykiardopoulou @ The Next Web · 09/13/2023 07:42 EDT

European fintech funding drops 70% in first half of 2023

Fintech funding in Europe has been greatly affected by the challenging economic environment, the latest report by Finch Capital has found. Specifically, startups in the sector raised a total of €4.6bn in the first half of 2023 — down 70% from €15.3bn in H1 2022. “Since mid-2022 we have seen an increase in investment discipline in public and private markets, resulting in less funding, lay-offs, less IPOs, flight to quality,... Read more â€ș

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The Next Web
Linnea Ahlgren @ The Next Web · 09/13/2023 05:45 EDT

Introducing ‘The Time is Now: Toolkit for Change’

Climate change anxiety is real, and it can cause feelings of powerlessness, or even apathy. While it is true that no soggy straws in the world will help as long as billion-dollar industries keep indiscriminately pumping oil out of the ground, it is also false to believe that our individual efforts do not matter.  In a new game published last week, called The Time is Now: Toolkit for Change, the... Read more â€ș

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The Next Web
Chris Baraniuk @ The Next Web 3 place · 09/13/2023 04:44 EDT

Europe’s homes are wasting too much energy – these startups have a plan

Single-glazing. Old electric-powered heat emitters. Walls with hardly any insulation. Damp throughout the ground floor. Welcome to Europe.  While these problems vary in prevalence from country to country, even nations rated highly in assessments of household energy efficiency have room for improvement. Sweden, for instance, often does very well in such analyses. But for Magnus Petersson, cofounder and chief executive of Stockholm-based Dryft, there’s plenty of work still to do.... Read more â€ș

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The Next Web
Thomas Macaulay @ The Next Web · 09/12/2023 11:01 EDT

Opinion: The iPhone’s pivot to USB-C is good for the planet, consumers — and me

New iPhones always arrive with upgrades, but this year’s crop will feature one improvement that Apple didn’t want to make. As a result of new EU rules, the US tech giant is set to ditch its Lightning charging cable for a USB-C wire. The entire range of iPhone 15s is expected to make the transition. Full details will be revealed at Apple’s Wonderlust event, which begins at 19:00 CEST today.... Read more â€ș

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The Next Web
Linnea Ahlgren @ The Next Web 3 place · 09/12/2023 08:50 EDT

‘World’s most accurate’ startup data platform to identify gaps in AI ecosystem

Today, the SaĂŻd Business School at the University of Oxford, along with early-stage VC OpenOcean, released what they call “the world’s most accurate open access startup insights platform” — the O3.  The platform is the result of three years of research from Oxford SaĂŻd and 13 years of experience of data economy investing from OpenOcean. It leverages public and private data sources and is meant to help improve decision making... Read more â€ș

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The Next Web
Thomas Macaulay @ The Next Web 3 place · 09/12/2023 02:00 EDT

This patrolling security robot wants to guard your premises

A Swiss startup has unveiled a solution to the global shortage of security guards: an autonomous patrol robot. Named the Ascento Guard, the two-wheeled sentinel is equipped with thermal and infrared cameras, speakers, a microphone, and GPS tracking. The bidepal design promises all-terrain mobility, fall recovery from any position, and top speeds of 5km/h. Using these features, the Ascento Guard can spot trespassers, monitor parking lots, and record property lights.... Read more â€ș

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The Next Web
Ioanna Lykiardopoulou @ The Next Web 1 place · 09/11/2023 20:01 EDT

NordicNinja raises €200M fund for climate, deep tech startups

NordicNinja, the largest Japanese VC in Europe, has raised a fresh fund of €200mn for early-stage startups active in climate and deep tech, with particular focus on the intersection between sustainability and digitalisation. Alongside the funding, startups will receive support and access to a network of over 120 blue chip Japanese corporations. Founded in 2019, NordicNinja is led by a team of founders, engineers, and operators turned investors from Northern... Read more â€ș

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The Next Web
Ioanna Lykiardopoulou @ The Next Web 2 place · 09/11/2023 09:59 EDT

Cancer patient digital twins and AI tapped to turbocharge oncology

Dell and University of Limerick (UL) in Ireland have teamed up to advance cancer research using AI. Specifically, the tech giant will be working with UL’s Digital Cancer Research Centre to help doctors provide more efficient cancer care for patients suffering from B-cell lymphoma. This covers the entire spectrum of care, from speeding up diagnosis to improving treatment and long-term outcomes. To achieve this, Dell has developed an AI platform,... Read more â€ș

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