Swedish startup Lovable is in talks to raise $150mn at a valuation just shy of $2bn, the Financial Times reports. The Stockholm-based business has built a generative AI platform that allows non-technical users to build apps or websites based on simple text prompts. “I decided what we needed to do is build for the 99% who do not create software,” Anton Osika, Lovable’s co-founder, told TNW in April. Osika founded... Read more ›
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Swiss tech startup Metafuels has unveiled plans to open its first commercial-scale sustainable aviation fuel (SAF) plant in the Port of Rotterdam. Metafuels’ CEO Saurabh Kapoor told TNW that Turbe represents a “major step forward” toward ramping up SAF production. The startup also announced plans to build a similar facility in Denmark last year. “Europe has ambitious decarbonisation targets, but without scalable and affordable SAF production, aviation will struggle to... Read more ›
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A Russian-born gaming mogul has been named the UK’s richest person under 40 — in a ranking dominated by tech entrepreneurs. Dmitry Bukhman, 39, built his fortune after founding mobile gaming giant Playrix. His estimated wealth of £12.54bn tops The Sunday Times 40 Under 40 Rich List — and makes up over a third of its £36.2bn combined total. His net worth has nearly doubled since last year. As a... Read more ›
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Ali Niknam has built Dutch fintech Bunq into one of Europe’s biggest neobanks. But he fears the Netherlands is now driving entrepreneurs away. The Bunq founder and CEO is alarmed by the country’s business mindset. He believes risk-aversion, growing insularity, and hostility to ambition are pushing talent overseas. “Many of the best entrepreneurs I know have either left or are considering leaving,” Niknam tells TNW. Surveys back him up. A... Read more ›
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Europe has been turning uranium into energy for over half a century. In the process, the continent has amassed vast stockpiles of nuclear waste. This radioactive material can take millions of years to become safe, and no one really knows what to do with it. Thorizon, a Franco-Dutch startup, has an idea: reuse the nuclear waste to generate new energy. The company is developing a small modular molten salt reactor... Read more ›
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As Europe pushes for tech sovereignty, one open-source advocate has a warning: don’t forget global cooperation. Amanda Brock, CEO of industry group OpenUK, told TNW that the EU must “get real” about the trade-offs of going it alone. Brock said tech policymakers must move beyond “tit-for-tat schoolyard politics” and instead “protect global collaboration whilst ensuring the needs of their citizens are met.” Her comments follow a speech by Eva Maydell... Read more ›
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Google DeepMind’s AI systems have taken big scientific strides in recent years — from predicting the 3D structures of almost every known protein in the universe to forecasting weather more accurately than ever before. The UK-based lab today unveiled its latest advancement: AlphaEvolve, an AI coding agent that makes large language models (LLMs) like Gemini better at solving complex computing and mathematical problems. AlphaEvolve is powered by the same models... Read more ›
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Welsh startup Space Forge has raised $30mn to advance its first commercial in-orbit manufacturing satellite, ForgeStar-2. The NATO Innovation Fund led the funding round, the largest Series A financing in UK space tech history. Space Forge’s demonstrator — the ForgeStar-1 — is set to launch from the US on a SpaceX rocket this year. The oven-sized satellite will then harness the conditions of space to produce “supermaterials” that are impossible... Read more ›
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TNW Backstage is going Double Dutch this week — in more ways than one. In the second episode of our new podcast, which goes behind the scenes of TNW Conference and the tech shaping our world, we’re joined by two special guests. Both of them are based in — you guessed it — the Netherlands. Together, they brew a distinctively orange blend of tech and humour, which has become a... Read more ›
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Helsing, Europe’s best-funded defence tech startup, has unveiled its latest product — an autonomous mini-submarine for underwater reconnaissance. Dubbed SG-1 Fathom, the sub is the latest addition to Europe’s growing fleet of ocean drones, which aim to better protect the continent’s ships and subsea infrastructure from surveillance, sabotage, and attacks. The 1.95-metre Fathom is designed to slowly patrol the ocean for up to three months at a time. The vessel... Read more ›
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Elon Musk has outlandish plans for Neuralink’s brain-computer interfaces, from giving people “superpowers” to downloading their memories. Spanish rival Inbrain Neuroelectronics has a simpler goal: improving our health — and nothing more. “I know Elon Musk might want to use Neuralink to drive a Tesla or something like that, but we will never go beyond therapeutic applications,” Carolina Aguilar, Inbrain’s CEO and co-founder, told TNW. While Musk has captured headlines... Read more ›
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Five standout scaleups from the UK have made it into TECH5 — the “Champions League of Technology.” The selections complete the UK and Ireland regional round of the tournament, which will now crown Europe’s hottest scaleup. Both Ireland and the UK had no shortage of contenders. Each nation boasts impressive digital track records. The UK is often regarded as Europe’s leading tech hub. The country has a thriving ecosystem of... Read more ›
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A year ago this week, a viral hit offered a glimpse into the future of AI music: “BBL Drizzy.” The song emerged during the feud between Kendrick Lamar and Drake. As the rappers traded disses, a New York-based comedian named Willonius Hatcher — aka King Willonious — brought his own track to the beef. Inspired by a dubious claim that Drake had a Brazilian butt lift, “BBL Drizzy” blended AI,... Read more ›
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The Danish Armed Forces are set to trial four autonomous sea drones that will patrol Northern Europe waters, looking for signs of criminal activity. Powered by wind and solar, the uncrewed surface vehicles (USVs) will gather real-time data using sensors and cameras positioned both above and beneath the water. An onboard computer will stream this data to a machine learning algorithm that is trained to spot patterns and potential threats.... Read more ›
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Britain requires a “colossal” overhaul of its cybersecurity systems to defend against future quantum computers, the UK’s National Cyber Security Centre (NCSC) warned this week. Speaking at the CYBERUK conference in Manchester, the body’s CTO Ollie Whitehouse urged organisations to start preparing now for a sweeping transformation in how digital security is built and maintained — warning of grave consequences if they don’t. Quantum computers, once they reach a certain... Read more ›
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A flying car that morphs into a plane in just 80 seconds is set to go on sale in early 2026. Slovakian flying car maker Klein Vision unveiled the Aircar 2, its first “production-ready” prototype, today. Klein Vision co-founder Anton Zajac told TNW that the vehicle will cost between $800,000 and $1mn. The original Aircar garnered a lot of attention back in 2021 when it successfully conducted a 35-minute inter-city... Read more ›
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Have you heard of the privacy paradox? It’s the contradiction between our claims to care about privacy — and our refusal to protect it. The paradox came to mind while working on the debut episode of our brand-new podcast: TNW Backstage. The show takes you behind the scenes of TNW Conference — and the tech shaping our world. Our first episode features a standout guest: Ron de Jesus, the world’s... Read more ›
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The beat just dropped on a new era of music, and it’s coming not from a recording studio but from the weird and wonderful realm of quantum physics. UK-based tech startup Moth has released the track “Recurse” in collaboration with British electronic artist ILĀ. It’s billed as the world’s first commercially available song created using “quantum-powered generative AI.” “Recurse” certainly sounds otherworldly — like the kind of music aliens might... Read more ›
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Dutch startup Eyeo has emerged from stealth with €15mn in funding to advance a breakthrough photonics technology for cameras that could radically disrupt the way we take images. Eyeo spun out last year from Belgium’s Imec, one of the world’s leading nanoelectronics centres. The startup’s waveguide colour-splitting technology — an optical technique that uses tiny structures to guide and separate light by wavelength — triples the light sensitivity of today’s... Read more ›
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German drone maker Quantum Systems has raised €160mn at a valuation north of €1bn, becoming Europe’s latest defence tech unicorn. Quantum Systems builds electric, AI-powered autonomous surveillance drones that are dual-use, meaning they can serve both military and civil purposes. Defence forces can use the unmanned aerial vehicles (UAVs) to spy on enemies and gather intel. The drones can also be used by farmers to inspect their crops, by energy... Read more ›
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US food delivery giant DoorDash has acquired British rival Deliveroo in a £2.9bn ($3.9bn) deal, ending the UK business’ rocky tenure as a public company. The all-cash offer, priced at £1.80 ($2.40) per share, represents a 77% premium over Deliveroo’s recent trading price. However, the acquisition price is less than half its 2021 IPO valuation of £7.6bn. Deliveroo’s board unanimously backed the deal. CEO and co-founder Will Shu, who owns... Read more ›
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11.07.2025 20:02
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