UK chipmaker Arm targets $60B-plus valuation for September IPO
British chip maker Arm is targeting an initial public offering (IPO) at a valuation of between $60bn and $70bn as early as September, amid surging demand for semiconductors for cloud…
World’s tallest wooden wind turbine is ‘stronger than steel’
There’s a wind turbine being built in the forests of Sweden — or should I say from the forests. Budding startup Modvion, based in the Scandinavian country, is currently building…
VanMoof: What startups can learn from the rise and fall of an ebike superstar
Since launching in 2009, VanMoof, known for its sleek, high-tech city bikes, developed an almost cult-like following — from the streets of Amsterdam to New York. Today, what was once…
This tech helps farmers monitor their crops — from space
For millennia, farmers have monitored the health of their potatoes, pumpkins, or pineapples by walking through the fields and looking at them. As you can imagine, this process is time-consuming…
Italy’s largest investment bank pledges to back UK fintech startups
London-based startup accelerator Founders Factory has gained a new partner in the form of Mediobanca. The Milan-based investment bank is looking to increase its presence in the UK, and has…
European VC deal value down 61% in first half of 2023, report finds
Venture capital funding in Europe is plummeting as investors shift focus from growth to cutting costs. In the first half of 2023, European VC deal value was 61% lower than…
UK plan to police internet may be unlawful, force Wikipedia shutdown
British plans to police the internet may be unlawful and force Wikipedia to shut down in the country, critics have warned. The proposed legislation, named the Online Safety Bill, aims…
Stellantis inks €10B in deals to secure chip supply for EVs
Today’s cars, especially EVs, rely on hundreds of different types of microchips to function. But supply chain shortages of semiconductors during the pandemic forced many automakers to cut down production…
Ebike maker VanMoof goes bust, leaving riders in disarray
After pausing sales, closing stores, and being unable to pay its bills, beloved Dutch ebike maker VanMoof has officially been declared bankrupt. Just last week, Dutch courts granted the company…
Early-stage European SaaS startups set for funding rebound, report finds
In the second half of the year, early-stage European SaaS companies will see a significant funding increase across Series A and seed rounds. That’s according to the aVC index, a…
Cowboy releases digital ebike key to keep VanMoof riders on the road
Unless you’ve been living under a rock, you’ll probably know that ebike darling VanMoof is facing bankruptcy. Obviously, this isn’t good news for VanMoof riders, who could be locked out…
Dutch startup taps AI and robotics to automate EV charging
As EVs surge into the mainstream, industry and consumers alike are looking for quicker and easier ways to charge. While advancements in battery technology promise the former, Dutch startup Rocsys…
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