UK solar tech scaleup Naked Energy raises £17M for global expansion
UK-based Naked Energy has raised £17mn in a Series B round to boost the global expansion of its solar tech solutions. Founded in 2009, Naked Energy set out to help…
Can Ariane 6 turn Europe’s spacetech startups into global powerhouses?
When Ariane 6 suffered a glitch on its first flight, the mishap felt strangely inevitable. Nearly half of all rockets fail on their first launches. After a troubled development and…
Cultivating giants: How nurturing university spinouts fuels innovation ecosystems
Innovation thrives at the intersection of academia and entrepreneurship. Universities serve as breeding grounds for startups poised to disrupt industries with their novel ideas and cutting-edge technologies. Yet, the path…
New hope for European tech? VC funding rises to $29B in first half of 2024
Whisper it, but startup funding is showing signs of a rebound. Venture capital investment in Europe has risen by 12% so far in 2024, according to Dealroom. By June, the…
TNW Podcast: Daniel Keiper-Knorr on startups and funding; fusion power in Europe delayed again
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…
Icelandic VC closes $87M fund as country’s startup scene comes of age
Amid increasing interest in Iceland’s tech ecosystem, Reykjavik-based Frumtak Ventures has closed a $87M fund aimed at local startups. This is the venture capital firm’s fourth fund, following a €57mn…
Munich startup planqc secures €50M for ‘Made in Germany’ quantum computers
German quantum computing startup planqc yesterday announced a Series A raise of €50mn. A mere 18 months after its founding, the startup has already scaled its digital atom-based technology to…
Netherlands’ LUMO Labs launches €100M fund for European impact startups
Dutch venture capital fund manager LUMO Labs is launching a new €100mn fund for Europe’s impact-driven tech startups. Building on LUMO Lab’s existing investment strategy, the new Rise Fund will…
Dutch startup bags fresh funding to tailor orchard farming for every tree
Aurea Imaging, an Utrecht-based agtech startup, has raised €2.8mn in a Series A round to scale up deployment of its sensor system for orchard farming. Founded in 2016, Aurea provides…
Greece taps AI-powered satellite tech to build wildfire defence system
Greece’s Ministry of Digital Governance has awarded German startup OroraTech a €20mn contract to build a satellite-based early warning system for wildfires, which last year alone cost the Mediterranean nation…
Samsung backs ‘world’s most powerful’ AI chip for edge devices
Eindhoven-based startup Axelera has raised $68mn as it looks to take its AI chip business global. One of the lead investors is Samsung Catalyst, the venture arm of semiconductor giant…
Europe is pouring public funds into quantum tech startups, report says
A report published today by McKinsey on the state of the global quantum tech sector has found that Europe is spending more and more in public funding on technologies such…
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