A rough year in public markets has taken a heavy toll on startups. According to new research, every unicorn in Europe that went public in 2021 has since shrunk in valuation. The losses follow record-highs for VC exit valuations in 2021. PitchBook, a financial data firm, attributed the downturn to a shrinking public market. The company found that 13 unicorns went public during 2021’s bull market and IPO frenzy. Yet... Read more ›
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Mark Zuckerberg, Larry Page, Sergey Brin, Jeff Bezos: what these names have in common is they are all founders of some of tech’s most powerful companies. The other key thing they have in common is they’re all men. While there are many women founders—Melanie Perkins of Canva and Sandy Lerner of Cisco are just two, along with Mira Murati, the CTO of OpenAI, creator of the much-lauded ChatGPT—there is a... Read more ›
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Although the UK has set out ambitious clean energy targets, it risks lagging behind the US and the EU in attracting the required investments, two of the country’s energy trade organisations have warned. Ahead of the Chancellor’s Spring Budget next month, Energy UK and Renewable UK have published two separate reports, calling on the government to implement measures and rule changes that will enable the UK to attract vital private... Read more ›
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This article was originally published on .cult by Chameera Dulanga. .cult is a Berlin-based community platform for developers. We write about all things career-related, make original documentaries, and share heaps of other untold developer stories from around the world. Software development is teamwork and having a good team structure is vital for its success. But, even a tiny misalignment could adversely affect our teams’ output. That’s why we should be... Read more ›
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According to EU data, numerous vital tech sectors in the bloc have been suffering from supply shortages in semiconductor chips, mainly as a result of the European dependency on imports from a limited number of companies and countries. To address this issue, the union aims to boost its domestic industry by implementing new legislation. On Wednesday, the European Parliament adopted its position on two proposed draft bills: the Chips Act... Read more ›
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When it comes to investing in innovation, certain industries have flourished over others. Those that haven’t are now facing a do or die situation to keep up with the demands of a modern society, the ever-prominent concern around the climate crisis, inflation issues, and an aging population. Looking at the global stats Tracxn collected from 230+ sectors between 2013 and 2023, it’s clear which industries — education, hospitality, agriculture, industrial... Read more ›
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The Dutch tech startup ecosystem has been steadily flourishing over the past five years, establishing itself as one of Europe’s most vibrant hubs. Yet, there are still hurdles the Netherlands needs to overcome in order to reach its full potential and successfully compete on a global scale. That’s according to the annual State of Dutch Tech report by TechLeap, a non-profit organisation which helps quantify and accelerate the ecosystem in... Read more ›
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Five EU member states and the European Investment Bank (EIB) Group have launched a new fund to support the late-stage growth of promising European tech startups and increase the continent’s competitiveness in innovation. The so-called European Tech Champions Initiative (ETCI) aims to address the issue with inadequate late-stage funding, especially for companies seeking more than €50 million in capital. Boosting European investment “Europe’s tech startups often do not have sufficient... Read more ›
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In a world first, scientists from the University of Sussex and Universal Quantum, a spin-off of the university, have demonstrated that quantum bits (qubits) can directly transfer between quantum computer microchips. This breakthrough is expected to overcome a major obstacle in building quantum computers that are large and powerful enough to address the crucial societal challenges they’re envisioned to: from medicine development, to the creation of new materials and climate... Read more ›
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València regularly tops rankings of the best cities in the world, due to its stellar combo of 300-plus annual days of sun, the Med on your doorstep, and a lifestyle that values free time, exercise, and good food. But it’s not all paella and chill. The Valèncian region’s startup scene — based mainly in its capital plus the smaller cities of Alicante and Castellon — has been revving up in... Read more ›
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Cover letters are something many job candidates really struggle with. Lots of people aren’t even convinced they’re necessary. With so many job applications happening these days via websites and apps –– surely that online form you filled out is all that’s needed? A recent survey from Cultivated Culture found that, while 53% of employers prefer candidates who add cover letters with their CVs, only 10% of hiring managers actually take... Read more ›
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The EU has announced the three winners of the European Social Innovation Competition (EUSIC), which seeks to find pioneering solutions to societal challenges. The 2022 challenge, named “the future of living,” was designed to attract participants who can advance the affordability, sustainability, and re-invention of European housing districts. “Social innovation is crucial to increase resilience and support the transformation of our economies, while putting people first,” Hubert Gambs, the Commission’s... Read more ›
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It’s no secret that the Netherlands is a European leader when it comes to the tech and startup sectors. The country attracted €1.8bn in investment in 2021 alone, more than double the €790m raised in 2020. While many people think of Amsterdam as the country’s startup capital and a global tech powerhouse — and with success stories like Adyen, MessageBird and Mollie, they’re not wrong — the Netherlands’ lesser-known cities... Read more ›
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The new Netflix murder mystery film Glass Onion is a cautionary tale – but not about influencers, tech bros, or ironic architecture, as some have suggested. Glass Onion (along with HBO’s Succession) is actually a warning about the potential perils of going into business with your friends or family. Such businesses are a huge contributor to any economy. Globally, between 70 and 80% of firms are co-owned or co-managed by... Read more ›
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In a coordinated action with US authorities, the UK has imposed sanctions on seven Russian cyber criminals associated with the deployment of the Conti and Ryuk ransomware as well as the Trickbot banking trojan. This follows a thorough investigation led by the National Crime Agency (NCA) and marks the UK’s first-ever joint cyber crime sanctions. According to the British government, ransomware is a “tier one national security threat” that’s increasingly... Read more ›
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Magnetic floating pods traveling through a series of tubes sounds like a scene from sci-fi movies, right? But what if they could become a new mode of mass transport? Yes, we’re talking about the hyperloop. One of the companies working on the tech is Hardt Hyperloop. Since 2020, the Netherlands-based startup has developed numerous prototypes and test benches. It’s also part of the European Hyperloop Center and has received €15... Read more ›
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Learning a new programming language can open your mind in ways you never thought possible. Just like learning a new human language like Spanish or Mandarin, you learn to think with different words and structures. You tap into the cultures and communities of the speakers and learn how they see the world. It’s enriching, to say the least. The neat thing about programming languages is that the first one you... Read more ›
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For the first time, a car with no human inside has driven on a public road in Europe. The feat was accomplished by Vay, a German startup. The company uses an approach called “teledriving” to remote-control cars from sites located miles away. Operators pilot the vehicles with steering wheels, petals, and monitors. They also recieve road traffic sounds via microphones and headphones. The system resembles racing simulators for video games... Read more ›
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No matter how beneficial increasing wind energy generation is, at the end of their lives, wind turbine blades end up in landfills. But now major a European wind turbine manufacturer — Denmark-based Vestas — has found a way to make the blades recyclable and circular. Unlike the vast majority of a turbine’s components that have established recycling circles, blade recycling has posed a serious challenge. That’s because of the presence... Read more ›
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Here’s the truth: the tech industry has long had a gender imbalance problem, and it starts early. Globally, women obtain 53% of STEM university degrees, but in the EU only 34% of graduates in the field are women, according to data from Girls Go Circular. That has obvious knock-on effects. According to figures from Eurostat, women hold only 17% of major technology jobs, such as programming, systems analysis, or software... Read more ›
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14.05.2026 00:53
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