3 carbon capture technologies you’ve probably never heard of
We will all face the consequences of runaway climate change. Unless, maybe, you live in one of Elon Musk’s new homes on Mars. But for the rest of us poor…
European startups rejoice — VC investment is on the rise again
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.…
Dutch deep tech fund for photonics startups reaches €75M after second close
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…
Dutch cultivated meat startup secures €40M for ‘world’s kindest burger’
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…
Climate tech heavyweights EQT, Contrarian launch investment ‘playbook’
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…
Max Planck spinout nets €20M to build ‘stellarator’ fusion machine
A German startup has secured new funding for a peculiar twisted-looking reactor that could prove a quicker path to clean, virtually limitless fusion energy. Proxima Fusion has raised €20mn as…
Italy sets up €1B AI fund, mulls new penalties for the tech’s misuse
Backed by state lender Cassa Depositi e Prestiti (CDP), Italy is committing €1bn to AI development over the course of the next five years. Prime Minister Giorgia Meloni first announced…
Ukraine launches defence tech accelerator amid sector-wide boom
Ukraine has launched a defence tech accelerator programme for new startups aiming to deliver innovative solutions for military applications. The Defence Builder Accelerator is a four-month-long training programme, which will…
Finnish startup Basemark secures €22M to make driving safer with AR
Helsinki-headquartered Basemark has raised €22mn to bring its augmented reality (AR) “toolkit” to automakers across the globe. Basemark’s software, dubbed Rocksolid AR, is an AI-based computer vision system that enables…
The race is on to commercialise fusion energy. Europe could lead the charge
The unimaginably complex task of creating, containing, and commercialising fusion energy is undoubtedly one of the greatest scientific endeavours of our time. Since the 1950s, hoards of the world’s top…
Startup secures €7.6M for sand battery that can heat a small town
Last month, Finnish startup Polar Night Energy announced that it is building a giant sand battery capable of heating a town of 5,000 people for up to a month. That’s…
Carpooling rebounds as BlaBlaCar raises €100M and reaches profitability
Carpooling’s resurgence continued today as France’s BlaBlaCar reached two big new milestones. The Paris-based trip-sharing service has raised a €100mn credit line and hit profitability over the last 24 months…
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