New data published today by Dealroom reveal that European VC investment rose 5% year-on-year for the first quarter of 2024. What’s more, the Netherlands is showing a particularly strong comeback. Amsterdam funding rose a highly encouraging 107%. Overall, European VC investment reached $13.7bn in Q1 2024, an increase fuelled to a great extent by the energy transition. Energy was the biggest sector for tech startup and scaleup investment for the... Read more ›
1
Just a decade ago, the world’s biggest tech beast was a relative minnow. Microsoft had become notorious for disappointing product launches, stagnant innovation, and losing top talent. The first true software giant was becoming a big tech dinosaur. Fast forward to 2024 and Microsoft is the planet’s most valuable business. Under the leadership of CEO Satya Nadella, stock has soared by over 1,000% in 10 years. In January, the company... Read more ›
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Britain is exploring new curbs on exporting and funding “sensitive technologies” amid growing tensions with China. Oliver Dowden, the UK’s deputy prime minister, launched a review of the restrictions on Thursday. He warned that “hostile states” could use British funds and tech for “military and intelligence” projects that threaten national security. “Our open economy is being targeted by state-based actors and their proxies,” Dowden said in a speech at the... Read more ›
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For the past two years, I have worked at a company whose workforce hails from around the globe, including the United States, Europe, and Latin America. I’m the only team member based in Santa Marta, on Colombia’s Caribbean coast, and I work remotely — like many of my colleagues on the other continents. The experience has opened my eyes to a dynamic blend of workplace norms and cultures, but has... Read more ›
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Dutch startup Meatable has hosted the first legally approved tasting of cultivated meat in Europe. On the menu was a lab-grown pork sausage. Meatable says the produce is “indistinguishable” from traditional meat, but causes no harm to animals or the environment. To replicate the flavours and textures of livestock, Meatable first extracts a single cell sample from a pig. The sample is then cultivated in a bioreactor. Over time, the... Read more ›
0
AI threatens to decimate the translation profession, according to a new survey by a British union. Almost four in ten translators (36%) said they’ve already lost work due to generative AI. Nearly half of them (43%) said the tech has decreased their income. They fear far worse is to come. Over three-quarters of translators (77%) believe GenAI will negatively impact future income from their creative work. The survey was conducted... Read more ›
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California-based quantum circuitry company Rigetti has brought a commercially available quantum computer to the UK. Only the second in the country, it was installed in collaboration with Oxford Instruments NanoScience — a cryogenics company that provides the cooling needed for superconducting qubits. The system, supported by grants from the UK government, is Rigetti’s first UK-based quantum computer and will be accessible via the company’s cloud computing services. When it comes... Read more ›
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Welcome to the new episode of the TNW Podcast — the show where we discuss the latest developments in the European technology ecosystem and feature interviews with some of the most interesting people in the industry. In today’s episode, Linnea and Andrii talk about artificial general intelligence, repairable airbuds, some Wolverine nerdery, drone delivery adoption, and much more. The guest of the show is Caroline Viarouge, CEO at EIT... Read more ›
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Amid the semiconductor industry’s slowdown and increasing geopolitical tensions, Dutch chip machine-maker ASML reported a decrease both in sales and profits. Europe’s most valuable tech company saw orders fall to €3.6bn in the first quarter of 2024, down from €9.2bn in the previous quarter. Its net profit also dropped to €1.2bn — a 37% decrease compared to Q4 2023. “We see 2024 as a transition,” ASML’s President and CEO Peter... Read more ›
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Under orders from the EU, tech giants have launched 11 advertising transparency tools. None of them are fit for purpose, according to a new study from Mozilla. The tools provide libraries of data about online adverts. By exploring the repositories, researchers can identify the funders and techniques behind the ads. At least, that’s the idea. The libraries are obligatory under the EU’s Digital Services Act (DSA), a law designed to... Read more ›
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A British drone maker plans to launch air taxis in 2026 after raising a whopping $110mn. Skyports has already flown electric vertical takeoff and landing (eVTOL) aircraft on delivery and monitoring trials. The new funding brings commercial air taxis closer to the services on offer. The first flights are slated to take off in the United Arab Emirates. Earlier this year, Skyports inked a deal with authorities in Dubai to... Read more ›
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Berlin-based Ecosia, best known as the tree-planting search engine, has teamed up with French startup Kanop to monitor its reforestation efforts from space. With around 20 million users, Ecosia is the world’s largest not-for-profit search engine. It is also one of the biggest tree-planters in the world. The company claims to have planted 200 million trees since its inception in 2009. To date, Ecosia has monitored its tree-planting efforts using... Read more ›
2
We have all been guilty of falling under the foundation model spell of the past year-and-a-half, initiated by OpenAI’s unveiling of ChatGPT to the public. But it is not only where large language models (LLMs) such as GPT-4 are concerned that incredible progress has been made in the field of artificial intelligence. And one company has been behind more impressive milestones than most — DeepMind, acquired by Google in 2014... Read more ›
0
PhotonVentures, a Dutch deep tech fund aiming to boost Europe’s photonics industry, has closed its second fundraising round with over €15mn — bringing its total capital to €75mn. The fund targets startups and scaleups developing solutions with photonic chips for a wide range of applications: from data transmission and health diagnostics to smart sensors, AI, AR, and VR. PhotonVentures will initially invest in 20 early-stage companies with international growth potential.... Read more ›
1
In 2013, Dutch scientist Mark Post unveiled the world’s first cultivated meat burger on live television — taking lab-grown meat from the realm of science fiction to science fact. Post ended up turning his invention into a startup called Mosa Meat. The new venture promised to bring the “world’s kindest burger” to supermarket shelves. Today, Mosa Meat announced it has secured another €40mn — just two months after closing a... Read more ›
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French SaaS company Planisware launched its initial public offering (IPO) today, reaching a valuation of €1.11bn. This is the largest IPO on the Euronext Paris stock exchange in the past three years. Planisware was founded in 1996 by Yves Humblot, Pierre Demonsant, Matthieu Delille, and François Pelissolo. Planisware provides software for enterprise project portfolio management. It counts over 500 blue-chip clients across the globe, including PepsiCo and Pfizer, and employs... Read more ›
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More than 50 European VCs and startups have joined forces to launch Climate Brick — a new community designed to fast-track investment in green technologies. Climate Brick launched today along with what its founders claim to be one of the most comprehensive climate tech studies ever conducted. The report, featuring interviews with 100 climate experts and 3,000 companies, offers a roadmap for climate tech startups looking to scale. “We really... Read more ›
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The boom of artificial intelligence has spurred a regulatory frenzy across the globe — and Europe is at the forefront of the developments. Both the EU and the UK are attempting to find the elusive balance between leveraging AI’s growth and mitigating potential risks — but their approaches differ significantly. The former has opted for a hands-on, risk-based approach, whereas the latter has promised a “pro-innovation” stance. However, with news... Read more ›
0
Space nerds delight: you can now play as an astronaut in Fortnite. You can even team up with your buddies to build a lunar habitat based on real future missions of the European Space Agency. Designed by Epic Games, Lunar Horizons is set at the lunar south pole. This is the point on the Moon deemed most suitable for human habitation due to the possible existence of water ice. Epic... Read more ›
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While it’s commonly said we live in the information era, I like calling it something else: the screen age. Over the past seventy years, we’ve seen displays seep into almost every aspect of our lives. We had televisions arrive in our homes, reshaping news and entertainment. Hot on their heels came smartphones, which changed communication and how we interact with the world at large. This tech altered the globe in... Read more ›
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02.05.2026 12:24
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