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The Next Web
Siôn Geschwindt @ The Next Web 1 place · 12/17/2024 08:30 EDT

Dutch startups raised $3.5B in 2024. Here are the 10 largest funding rounds

It’s been a great year for the Dutch startup ecosystem.  Venture capitalists have, so far, invested $3.5bn into Netherlands-based early-stage companies, according to Dealroom data. That makes 2024 Dutch tech’s second-best funding year ever, surpassed only by 2021. Dutch startups have raised almost 50% more ($1.1bn) cash this year than in 2023 — and there are still two weeks to go. It’s a striking uptick, especially considering the rather muted... Read more

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The Next Web
Linnea Ahlgren @ The Next Web 2 place · 12/17/2024 06:18 EDT

Dutch tech in 2024: year in review

According to the 2024 Global Startup Ecosystem Report by Startup Genome, the Netherlands ecosystem is now ranked number 13 in the world — placing it ahead of both Paris and Berlin. In 2023, Dutch startups raised $2.2bn. While there have been fewer startup deals this year, overall investment is up, according to figures from the Dutch Startup Association. And for some startups and scaleups, 2024 was truly a monumental year.... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 1 place · 12/13/2024 14:56 EDT

Star-studded startup Baller League raises $25M to spark ‘new era’ for football

Baller League — a new six-a-side football league that has attracted support from legends like Ronaldinho, Gary Lineker, and Luis Figo — has raised $25mn from EQT Ventures as it looks to initiate a “new era” for the beautiful game.  German entrepreneur Felix Starck co-founded the Baller League last year alongside former players Mats Hummels and Lukas Podolski. The founders wanted to change the way younger audiences engage, view, and... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 2 place · 12/13/2024 10:10 EDT

Watch out Spot, this robot dog from Switzerland can do parkour

Boston Dynamics’ robot dog “Spot” has become somewhat of an internet sensation, no doubt thanks to its (perhaps disturbingly) killer dance moves or displays of super-strength.    But Spot is far from the only robodog on the block. One of its competitors is ANYmal, an autonomous quadruped that’s impressively good at everything from parkour to climbing ladders.    Apart from doing tricks, ANYmal also has a real job. It does routine inspections... Read more

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The Next Web
Linnea Ahlgren @ The Next Web 1 place · 12/13/2024 04:17 EDT

Head of Microsoft for Startups: Europe just needs time to spawn more winners

Microsoft probably needs no introduction. But in case you are not familiar with the Microsoft for Startups program, it is an initiative that provides free licences and Azure credits to selected software entrepreneurs over the course of three years.  Needless to say, its general manager, Hans Yang, is somewhat of an expert when it comes to identifying the ideas that will make it to market and that particular drive he... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 1 place · 12/12/2024 16:57 EDT

Finnish startup bags €29M to decarbonise this niche building material

From bricklaying robots to zero-carbon cement, startups are shaking up construction in a high-tech bid to build better, greener structures.  One of these early-stage ventures is Finland-based Aisti. Founded in 2019, the company has come up with a way to make acoustic tiles that are “carbon-negative.” Acoustic panels are a common construction material used to reduce noise and improve sound quality in buildings. Aisti has raised €29mn in a mix... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 2 place · 12/12/2024 06:22 EDT

Scientifica raises €200M to fund and provide lab space for deep tech startups

Rome-based venture capital firm Scientifica has launched a €200mn fund to support startups in quantum computing, artificial intelligence, and other frontier technologies. The fund, set to launch early next year, will provide early-stage companies with both financial backing and access to advanced lab spaces. Scientifica’s fund is based on a “Zero CapEx” model. Startups can use Scientifica’s 4,000 m² of laboratories and a network of 70 certified labs in Italy... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 3 place · 12/12/2024 04:50 EDT

Upvest — which powers stock trading on Revolut, N26, Bunq — secures €100M

If you live in Europe and you use a neobank, you’ve likely been interacting with Upvest’s investment products without even knowing it. The Berlin-based startup runs a stock-trading API that integrates into some of the biggest fintechs in Europe — Revolut, N26, Bunq, Plum, Raisin, Shares and Vivid. Through these banks, some 50 million users have access use the company’s investment products, it said. Amid a broader neobank boom, Upvest... Read more

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The Next Web
Andrea Hak @ The Next Web 2 place · 12/12/2024 02:07 EDT

What we learned after taking part in a 100-day innovation sprint

On a warm day in October, three corporates and two startups gathered together in the TNW offices for the conclusion of the one-hundred-day Vodafone IoT Challenge. Innovation is something all businesses want, but few actually have time for. We read about the advanced new tools and technologies collecting richer insights and making things faster and easier than ever before. But, when it comes down to it, day-to-day tasks always end... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 3 place · 12/11/2024 17:25 EDT

Dutch startup’s new battery material could wean Europe off Chinese graphite

Amsterdam-based startup CarbonX has secured €4mn to industrialise a new anode material that could help Europe reduce its reliance on China for graphite, a substance which makes up half the weight of a typical lithium-ion battery.  Netherlands-based VC Energy Transition Fund Rotterdam led the round. It’s an extension on CarbonX’s €10mn capital injection announced in February, capping off the funding round at a cosy €14mn.   Graphite is the go-to material... Read more

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The Next Web
Linnea Ahlgren @ The Next Web 1 place · 12/11/2024 04:12 EDT

Where do startups come from? Ideas and entrepreneurs, of course

At TNW, we are all about supporting and elevating startups and entrepreneurs who are doing epic stuff with tech. When Red Bull reached out to talk about their innovation competition, my first thought was what on Earth do we have in common with an energy drink company that has people jumping off cliffs and surfing really large waves? Apart from fuelling — in different ways — founders and developers across... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 2 place · 12/10/2024 19:53 EDT

UK police trial high-tech wristbands to keep dementia patients safe

A police force in the UK is using Bluetooth tracking wristbands for people with dementia in a high-tech bid to keep them safe.   Starting this month, Avon and Somerset Police will start giving out Bluetooth wristbands for free to families. It’s part of a broader initiative to protect dementia patients, who often suffer from extreme memory loss and confusion as a result of the incurable condition. The wristbands are fitted... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 1 place · 12/10/2024 17:51 EDT

Propelling satellites with electricity and salt? No problem for this Parisian startup

In 2018, Elon Musk put a Tesla in space. Like many of the billionaire’s antics, it was a publicity stunt. However, it pointed to an undeniable truth: the future of space travel is electric.   Most spacecraft today — like cars and trucks back on Earth — burn chemicals to get around. But space agencies like NASA, ESA, and France’s CNES have been experimenting with electric thrusters for decades, in a... Read more

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The Next Web
Kirstie McDermott @ The Next Web 1 place · 12/10/2024 03:26 EDT

Time for a move? These are the top cities in Europe for developers right now

December is a good time to think about your next career move. Your colleagues may be on a go-slow when it comes to getting projects over the line ahead of the Christmas holiday period, but for those with an eye on 2025’s job-hunting prize, this month can be a really fruitful time to look for a new opportunity. Bonnie Dilber, who is a recruiting leader at Zapier and an HR... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 1 place · 12/10/2024 02:00 EDT

This veteran-run startup has invented ‘game-changing’ way to recycle Kevlar

UK and Luxembourg-based startup Uplift360 has landed €1mn in pre-seed funding to scale up a greener method for recycling advanced materials like Kevlar. Uplift360’s patent-pending process breaks down Kevlar and other composites without compromising the integrity of the fibres and resins. These raw materials can then be reused to make new products. It does this using safe chemicals and at room temperature — making it greener and more energy-efficient than... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 1 place · 12/06/2024 16:30 EDT

Tokamak Energy gets US, UK backing for $52M fusion reactor upgrade

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 UK’s Department of Energy Security and Net Zero (DESNZ), and Tokamak Energy will jointly sponsor a $52mn upgrade to the fusion facility in Oxfordshire.  “Fusion has the potential to be a clean and sustainable energy source,... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 1 place · 12/05/2024 18:19 EDT

Aachen spinout FibreCoat secures €20mn to bring super-fibres to spacecraft

German startup FibreCoat has bagged €20mn 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 — at a fraction of conventional costs. These can... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 2 place · 12/05/2024 08:53 EDT

Google Deepmind’s new weather forecaster blows away the competition

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. “Outperforming ENS marks something of an inflection... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 1 place · 12/04/2024 16:07 EDT

Dr. Rob’s new AI model promises to cut aircraft design time from months to days

UK startup PhysicsX, founded by former Formula 1 engineering whizz Robin “Dr. Rob” 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

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The Next Web
Siôn Geschwindt @ The Next Web 2 place · 12/04/2024 06:37 EDT

Microsoft faces £1B cloud licensing lawsuit in the UK

Microsoft’s cloud ambitions just hit a major snag in the UK. The tech giant is facing a £1bn ($1.27 billion) lawsuit over how it licenses software to customers using rival cloud platforms. Filed in the UK’s 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. Here’s the gist: if you’re using... Read more

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