Dutch founder raises $1M for app he built for his deaf parents
Growing up, Jari Hazelebach was a full-time interpreter. Both of his parents are deaf, and from a young age he helped them communicate in a world largely oblivious to the…
Samsung buys UK startup Oxford Semantic to boost ‘personalised AI experiences’
Samsung has snapped up UK startup Oxford Semantic Technologies, in a bid to “hyper-personalise” user experiences with AI. Founded in 2017, Oxford Semantic specialises in knowledge graphs, which integrate and analyse…
Google backs Danish startup using ancient bacteria to ferment CO2 into valuable chemicals
Danish startup Again has raised money… again. Google Ventures and Berlin-based HV Capital led the $43mn funding round, which brings the startup’s total to date to just shy of $100mn.…
UK AI startups are now worth $256B, says report
UK-based AI startups are now worth $256bn, according to new data from Dealroom and HSBC Innovation Banking. They also account for 22% of the country’s innovation ecosystem value — up…
UK scaleup Huma launches ‘Shopify-like’ platform for digital health tools
UK-based Huma has launched today the Huma Cloud Platform, a “Shopify-like” tool for the healthcare ecosystem to design, build, and launch digital health services. “The digitalization of the healthcare ecosystem…
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…
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