EU member states reached a provisional agreement on Tuesday for a €43 billion plan to bolster domestic production of semiconductor chips — essential components in everything from phones to cars and refrigerators. The EU Chips Act, proposed by the Commission in February of last year, looks to double the bloc’s global market share in semiconductors from 10% to 20% by 2030. The act also seeks to build resilience in Europe’s... Read more ›
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It’s been a tough start to the year for tech investments. According to a new report, European VC fundraising is on pace for its lowest annual total since 2015. Research by PitchBook, a financial data firm, found that European VC funds raised over €20bn in each of the past four years — but only €3.4bn in Q1 2023. Total VC deal value fell 32% quarter-over-quarter (QoQ) to €11.8bn. Deal count,... Read more ›
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A group of 12 Members of the European Parliament working on the EU’s upcoming AI Act, are rallying for a set of preliminary rules to control the advancement of AI systems. They warn that technological progress is “faster and more unpredictable” than expected. “The recent advent of and widespread public access to powerful AI, alongside the exponential performance improvements over the last year of AI trained to generate complex content,... Read more ›
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Not too far in the future, camper lovers could be going on holidays that are much kinder to the very nature they are looking to enjoy. At the beginning of this week, London and Vancouver-based startup First Hydrogen revealed the design for its next-generation zero-emission Recreational Vehicle (RV). The concept has been developed in collaboration with Switzerland-headquartered EDAG Group. Its introduction follows the presentation of First Hydrogen’s next-generation light commercial... Read more ›
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Everybody can breathe out. Next generation artificial intelligence isn’t the existential threat to tech jobs the AI doomers imagined it would be. In fact, Natural Language Processing (NLP) tools such as OpenAI’s ChatGPT, Google Bard, and Bing Chat are not only revolutionising how we access and share information, they’re shaking things up in tech recruitment, too. This fast-changing landscape is spawning tons of new opportunities, and among them is the... Read more ›
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The UK has been told it won’t have to pay for the two years it had been out of the EU’s Horizon research programme — removing a big barrier to rejoining the €95.5bn scheme. Britain had been locked out of Horizon because of a post-Brexit dispute over trade in Northern Ireland. The recent Windsor Framework deal had opened the door to reentry, but talks have stalled over the financial terms.... Read more ›
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When Russia invaded Ukraine in February last year, work stopped at thousands of Ukrainian businesses – including carbon capture-focused startup Carbominer. As tanks approached the capital Kyiv, inhabitants of the city, including employees of the company, were forced to flee for their own safety. Among them was Viktoria Oseyko, chief marketing officer, and her father Nick, founder and chief executive officer of Carbominer. But Ukraine soon retook control of the... Read more ›
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The European Commission has announced the results of the second round of Women TechEU — a programme designed to help women-founded deep tech startups scale. The round, which has a budget of €10m, saw applications from 467 women-founded deep tech startups from across Europe, 134 of which have been selected to participate. It follows on from a successful pilot in 2021 which featured 50 startups. The startups selected for the... Read more ›
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This story is syndicated from the premium edition of PreSeed Now, a newsletter that digs into the product, market, and founder story of UK-founded startups so you can understand how they fit into what’s happening in the wider world and startup ecosystem. The burgeoning industry around space technology is based heavily on hardware, but the materials that hardware is built from need to undergo rigorous testing on Earth before they’re... Read more ›
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Under the European Union’s new Digital Markets Act (DMA), which aims to increase competition, large online platforms, including Apple, must open up their devices to third-party app stores. The DMA also requires these online platforms to permit sideloading, i.e., letting users install software that they download from the Internet. These platforms have until 2024 to comply with the DMA. Passed in 2022, the goal is to prevent dominance of so-called... Read more ›
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The ESA’s Jupiter Icy Moons Explorer mission — ‘Juice’ — successfully launched today from Europe’s spaceport in Kourou, French Guiana. The launch was supposed to take place yesterday but was postponed due to poor weather conditions. Today, the stars aligned and Juice was successfully blasted into orbit at approximately 14:19 CEST. It took only two minutes for the Ariane 5 rocket to transport Juice into space, shortly after which it... Read more ›
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Anyone who has ever experienced phantom ringing in their ears knows that it is a nuisance to say the least. Those who have tinnitus – hearing continuous ringing, buzzing, humming or even roaring sounds – often experience anxiety and depression as a result. The condition affects approximately 15% of the global adult population. However, treatment has remained elusive, with those afflicted left to find their own ad hoc mitigation solutions.... Read more ›
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Intel’s plan to construct a massive chip plant in Magdeburg, Germany, is arguably the centrepiece of the EU’s strategy to ramp up domestic production of semiconductors. But cash flow has proven to be a major stumbling block for the mega-project. Intel attributes this to rising costs, partly a result of Russia’s invasion of Ukraine. To close the funding gap, last month, the US semiconductor giant requested an additional €4-5 billion... Read more ›
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The European Space Agency’s (ESA) Jupiter Icy Moons Explorer mission — ‘Juice’ — is ready to embark on its journey to the solar system’s largest planet. Juice is scheduled to launch today, April 14, at 14:14 CEST (13:15 BST) from Europe’s spaceport in Kourou, French Guiana. The launch was supposed to take place yesterday but was postponed due to poor weather conditions. Juice will make the 8-year, 6.6 billion km... Read more ›
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Fossil-free though it may be, hydropower comes with its specific set of challenges. It has a high initial cost, and can often be invasive and destructive to local communities and biodiversity. Furthermore, it will, in all likelihood, become increasingly susceptible to droughts. But what if we could harness the power of the oceans themselves? This is what Scotland-based Orbital Marine Power is aiming to do with its 2MW+ O2. Its... Read more ›
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Seeking to modernise the UK’s energy system and maximise the potential of renewables, the British government has awarded £30 million to three pioneering companies to develop new energy storage technologies. According to the government, accelerating the uptake of these technologies will not only save billions of pounds in energy costs, but also help balance the National Grid, and increase the country’s energy security. The funding will help the businesses test... Read more ›
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Oh, to be an innocent young techie in the ’90s again. Merrily downloading Metallica albums from Napster, joyriding from bird’s eye views in GTA 1, and praying that 30-second porn clip would buffer before mom got home in four hours. It was a golden era — I mean, that’s what my friend told me. One thing we both enjoyed, however, was the magical world of Winamp. A skeuomorphic design resembling... Read more ›
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Last month, Italy became the first Western country to temporarily ban ChatGPT within its borders. Prompted by a data breach that occurred on March 20, the Italian data protection agency, known as Garante, accused OpenAI of “unlawful” collection of personal data — against the EU’s General Data Protection Regulation (GDPR) — and the absence of an age verification system for minors. Correspondingly, it ordered the US-based company to cease offering... Read more ›
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The European Space Agency’s (ESA) Jupiter Icy Moons Explorer mission — ‘Juice’ — is ready to embark on its journey to the solar system’s largest planet. Juice is scheduled to launch today, April 13, at 14:15 CEST (13:15 BST) from Europe’s spaceport in Kourou, French Guiana. Juice will make the 8-year, 6.6 billion km trip to study three of Jupiter’s moons: Ganymede, Callisto and Europa. Each of these worlds has... Read more ›
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For the first time ever, Europe has surpassed the US in private spacetech investment, according to new research. A study by Seraphim, a leading spacetech VC firm, found the European sector attracted $565m in the first quarter of this year. The whole of North America, meanwhile, raised $456m. Asia followed, with investments of $306m, while the rest of the world totalled around $29m. The figures made Europe the world’s biggest... Read more ›
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13.05.2026 22:28
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