Paris-based AI startup Poolside is in discussions to raise nearly $500mn at a $3bn valuation, Bloomberg reports. Poolside is developing a ChatGPT-like large language model (LLM) that writes software code…
German startup Reverion has secured $62mn as it looks to scale a mini power plant that can generate clean energy, capture CO2, and make hydrogen all in one shipping container-sized…
A Ukrainian startup forged by war is bringing counter-disinformation to the business world. Osavul was founded in 2022 to fight Russian propaganda. To analyse the threats, the company applied AI…
One of the most popular pastimes you may or may not have heard about is flight tracking. For instance, in September 2022, the Royal Air Force Boeing C-17A Globemaster III…
Spatium Medical, a spinoff from the Erasmus Medical Center in Rotterdam, has raised €5mn to improve laparoscopy with its smart insufflation device. Insufflation refers to the process of introducing gas,…
A Dutch startup has made the cut for NATO’s DIANA accelerator, which aims to build tech edges over the alliance’s adversaries. The company, named Lobster Robotics, develops underwater drones that…
Mario Draghi has sounded the alarm about the EU’s competitiveness — and future — as it is again failing to translate ideas and ambition into technological innovation. In a report…
Cambridge-based CardiaTec has raised $6.5mn to accelerate drug discovery for cardiovascular diseases, such as heart attacks and strokes. Cardiovascular diseases are the leading cause of death globally, claiming the lives…
Atomico, one of the largest venture capital firms in Europe, has raised $1.24bn to support startups in the region. This is its largest fundraise to date, Atomico says, although falling…
Berlin-based renewable energy firm Q Energy has secured €50mn in debt finance to complete work on Europe’s largest floating solar farm, set to power up next year. The plant is…
Belgian ebike maker Cowboy has bagged €5mn as it looks to achieve full-year profitability next year — and not suffer the same fate as VanMoof. The funding round was led…
The UK’s Advanced Research and Invention Agency (ARIA) is allocating £81mn to a new programme that aims to create early warning systems for climate tipping points. These are thresholds within…