In 2026, one of Europeâs most ambitious scientific ventures, Horizon Europe, a seven-year, roughly âŹ93 billion framework dedicated to research and innovation, underwent a quiet but significant transformation. What had once been an open invitation to researchers across the globe now carries a more guarded tenor. In critical areas such as artificial intelligence, semiconductors, quantum [âŚ] This story continues at The Next Web Read more âş
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Just two weeks since raising $125mn in funding, British scaleup Tokamak Energy has secured backing from the US and UK to upgrade its ST40 fusion energy plant. The US Department of Energy (DOE), the UKâs Department of Energy Security and Net Zero (DESNZ), and Tokamak Energy will jointly sponsor a $52mn upgrade to the fusion facility in Oxfordshire. âFusion has the potential to be a clean and sustainable energy source,... Read more âş
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German startup FibreCoat has bagged âŹ20mn in Series B funding as it looks to bring its super-resistant materials to the burgeoning space industry. FibreCoat spunout from RWTH Aachen University in 2020. The startup has developed a patented process for coating fibres with metals and plastics during the spinning stage. This creates fibres that are lightweight and conductive, yet strong and durable â at a fraction of conventional costs. These can... Read more âş
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Google Deepmind researchers have built an AI weather forecasting tool that makes faster and more accurate predictions than the best system available today. Dubbed GenCast, the new model outperformed the ENS forecast, widely regarded as the world leader, 97% of the time for predictions up to 15 days in advance. It was tested on over 1,320 weather scenarios, including tropical cyclones and heatwaves. âOutperforming ENS marks something of an inflection... Read more âş
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UK startup PhysicsX, founded by former Formula 1 engineering whizz Robin âDr. Robâ Tuluie, has unveiled an AI tool that could fast-track the time it takes to design a new aircraft from months to just a few days. Dubbed LGM-Aero, the software creates new designs for aeroplanes. Using advanced algorithms trained on more than 25 million geometries, the model predicts lift, drag, stability, structural stress and other attributes for each... Read more âş
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Microsoftâs cloud ambitions just hit a major snag in the UK. The tech giant is facing a ÂŁ1bn ($1.27 billion) lawsuit over how it licenses software to customers using rival cloud platforms. Filed in the UKâs Competition Appeal Tribunal by Scott+Scott, the lawsuit accuses Microsoft of punishing businesses for choosing competitors like Google Cloud, Amazon Web Services (AWS), and Alibaba over its Azure platform. Hereâs the gist: if youâre using... Read more âş
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A Spanish government-appointed committee of experts has recommended that smartphones sold in the country carry health warning labels. The advice comes amid mounting concern about the effects of smartphone use, particularly among young people.  The experts published their findings in a 250-page report, seen by newspaper El PaĂs. The document details ways the government could crack down on what the panel calls a âpublic health epidemicâ.  Proposals include banning digital... Read more âş
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PLD Space has secured an âŹ11mn loan to help fund the development of a liftoff site for its partially reusable Miura 5 rocket, which is set to become Europeâs first privately developed satellite launcher â unless one of its competitors gets there first. The loan will help the Spanish startup construct the launch facility, located at Europeâs primary spaceport in French Guiana and estimated to cost around âŹ16mn overall. PLD... Read more âş
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Amsterdam-headquartered Nebius, which builds full-stack AI infrastructure for tech firms, has secured $700mn in a private equity deal led by Nvidia, Accel, and asset manager Orbis. The funding comes in the form of a private placement â when a company sells stocks directly to a private investor instead of on the public market. The deal will see Nebius issue 33.3 million Class A shares at $21 apiece.  Nebius, which is... Read more âş
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Itâs been a tough year for air taxi startups. The UKâs Vertical Aerospace is running short of cash, while Germanyâs Lillium faces bankruptcy. Targets for commercialisation keep getting extended. Investors are hesitant to commit. The reason for all the struggles is pretty simple. Building, certifying, and commercialising brand-new aircraft designs like electric vertical take-off and landing aircraft (eVTOLs) is complex, notoriously expensive, and depends on lengthy regulatory processes. Thatâs partly... Read more âş
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The Dutch labour market is experiencing a persistent talent shortage, according to a new salary survey report. The research also flags that when it comes to hiring in 2025, artificial intelligence, automation, and machine learning are expected to be among the hottest functional areas companies are most likely to recruit talent for next year. In line with this, a recent study by Indeed found that over the past year, job... Read more âş
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Lithium-ion batteries have served us well, powering much of the modern world. However, todayâs tech â everything from drones and EVs to the wretched Tesla cyber truck â demands denser batteries that charge faster and take you further. This push is driving scientists to conjure up new battery chemistries or refine old ones. Naturally, it is also spawning a new generation of startups looking to scale the next, best battery.... Read more âş
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Vertical Aerospace has been thrown a crucial lifeline, staving off potential bankruptcy at the cash-strapped air taxi startup. The UK-based company â which makes electric vertical take-off and landing (eVTOL) aircraft â secured the fresh funds from its largest creditor, American debt investor Mudrick Capital. The agreement, announced Monday, includes a $50mn cash injection and a substantial debt-to-equity swap. Mudrick will invest $25mn upfront and guarantee another $25mn in future... Read more âş
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Zurich-based startup Poncho has officially launched its weather insurance platform â and bagged some fresh funding to boot.  Founded in 2023, the company aims to transform how the travel and hospitality industries handle unpredictable weather. Ponchoâs tech integrates with booking systems, allowing customers to opt for weather protection at checkout. If bad weather, such as heavy rain or wind, occurs during their scheduled event or trip, a refund is processed... Read more âş
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London-based startup Lighthouse just raised a hefty $370mn from American investment giant KKR at a valuation of over $1bn, making it Europeâs latest unicorn tech company. The funding will supercharge the companyâs ambitions to shake up the $15bn travel tech market. Whatâs on the to-do list? Refining its AI tools, expanding globally, and snapping up competitors through mergers and acquisitions (it has already made four). Lighthouseâs platform crunches over 400... Read more âş
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Candela is flying high â and across the Atlantic. The Swedish startup has secured $14mn, marking the close of its Series C round at a cosy $40mn. This puts its total funding at just shy of $90mn. Candela has also sold its first P-12 ferry in the US, amid burgeoning demand for what is the worldâs fastest and longest-range electric passenger vessel. FlyTahoe, the company that will operate the service,... Read more âş
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Amsterdam-based startup Skytree is set to deploy its carbon-sucking machines on a newly announced carbon capture and storage project in Texas, US. Dubbed âProject Concho,â the $100mn Direct Air Capture (DAC) plant aims to initially vacuum up 30,000 tonnes of carbon from the atmosphere annually, eventually scaling to 500,000 tonnes. This carbon will be permanently stored underground, on site. The facility is set to enter operation in 2028, a Skytree... Read more âş
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UK startup Surf Security has launched a beta version of what it claims is the worldâs first browser with a built-in feature designed to spot AI-generated deepfakes. The tool, available through Surfâs browser or as an extension, can detect with up to 98% accuracy whether the person youâre interacting with online is a real human or an AI imitation, the company said. The London-based cybersecurity upstart uses âmilitary-gradeâ neural network... Read more âş
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British scaleup Tokamak Energy has secured $125mn as it looks to harness fusion â the same clean, virtually limitless energy source that powers the Sun and stars. Tokamak spun out from the UKâs Atomic Energy Authority in 2009. As its name suggests, the company is building a tokamak reactor, the most common kind of fusion design, first pioneered in the 1960s. Tokamaks use giant magnets to keep plasma moving in... Read more âş
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For the past few months, Meta has been sending recipes to a Dutch scaleup called VSParticle (VSP). These are not food recipes â theyâre AI-generated instructions for how to make new nanoporous materials that could potentially supercharge the green transition. VSP has so far taken 525 of these recipes and synthesised them into nanomaterials called electrocatalysts. Metaâs algorithms predicted these electrocatalysts would be ideal for breaking down CO2 into useful... Read more âş
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Dawn Aerospace has flown its rocket-powered aircraft past the speed of sound, the latest milestone on its path to its first commercial flights. During the test, which took place on New Zealandâs South Island, the startupâs Mk-II Aurora aircraft reached Mach 1.1 and an altitude of 25 kilometres. Dawn said this marks the first time a civil aircraft has flown supersonic since Concorde. The feat comes after Aurora hit Mach... Read more âş
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07.03.2026 04:22
Last update: 04:10 EDT.
News rating updated: 11:10.
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