British tech giant Arm rises to $65B valuation after first day of trading
Yesterday we reported that UK chip design company Arm was valued at just above $50bn before going public on the Nasdaq stock exchange. At the end of the day, the…
European fintech funding drops 70% in first half of 2023
Fintech funding in Europe has been greatly affected by the challenging economic environment, the latest report by Finch Capital has found. Specifically, startups in the sector raised a total of…
‘World’s most accurate’ startup data platform to identify gaps in AI ecosystem
Today, the Saïd Business School at the University of Oxford, along with early-stage VC OpenOcean, released what they call “the world’s most accurate open access startup insights platform” — the…
NordicNinja raises €200M fund for climate, deep tech startups
NordicNinja, the largest Japanese VC in Europe, has raised a fresh fund of €200mn for early-stage startups active in climate and deep tech, with particular focus on the intersection between…
Space startup bags $50M to fight climate change with satellites
Space startup Open Cosmos will accelerate its mission to protect our planet after raising $50mn in a new funding round. The UK-based company uses satellites to tackle environmental issues. By…
EU has ‘no chance’ of semiconductor independence — but neither does anyone else
Our world runs on semiconductors. The slivers of silicon provide electronic brains to phones, computers, cars, data centres, and stock markets. They’re also the digital backbone of modern militaries. Some…
Meet the 10 deep tech startups in Intel Ignite’s first UK accelerator
Intel Ignite, Intel’s accelerator for early-stage deep tech startups, has unveiled the 10 companies that will comprise its newly-launched London cohort — the first one in the UK. Starting on…
EV charging startup VOOL bags €2.9M to scale production, optimise grid usage
Estonian startup VOOL has secured a fresh capital injection of €2.92mn to boost production and development of its EV charging solutions. Specifically, the company closed an additional seed round of…
Ukraine’s fight against disinformation is creating a new startup sector
When Russian troops flooded into Ukraine last year, an army of propagandists followed them. Within hours, Kremlin-backed media were reporting that President Zelenskyy had fled the country. Weeks later, a…
PhotonVentures raises €60M fund to boost photonics startups in Europe
Dutch VC firm PhotonVentures has raised €60mn for its new fund aimed at stimulating Europe’s photonics industry. The capital targets startups and scaleups active in photonic chips — a crucial…
Chip designer Arm files for public listing that could revive flat IPO market
Chip designer Arm has filed for an initial public offering, which is expected to be the biggest IPO of the year. The UK-based company announced on Monday that it’s applied…
New £1B fintech fund aims to plug UK’s £2B funding gap
The UK has devised a novel solution for a funding gap: more funding. In a bid to strengthen the country’s financial sector, up to £1bn (€1.2bn) has been allocated to…
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