London, Paris, Amsterdam are the leading VC ecosystems in Europe, report finds

London, Paris, Amsterdam, and Berlin are the leading VC ecosystems in Europe, but the region is significantly lagging behind the US and Asia. That’s according to the latest report by…

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Milan startup opens world-first production facility for glass-based quantum photonic chips

NATO-backed Ephos announced today the opening of a production facility dedicated to glass-based quantum photonic chips — a world first, according to the startup. These chips can power quantum applications…

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Future Tech Ventures launches with €20M fund for startups in Northern Netherlands

Future Tech Ventures (FTV), a new venture capital firm focusing on startups in the Northern Netherlands, officially launched yesterday in Groningen. FTV debuted with a €20mn fund that will support at…

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BMW-backed DeepDrive raises €30M to industrialise ultra-efficient EV motor

German startup DeepDrive has bagged €30mn to scale up its electric motor technology that promises to boost EV range to over 800km — without any changes to battery capacity. Founded…

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Swiss startup bets on photonic chips to cut data centre energy consumption

Amid the AI boom, data centres are consuming alarming amounts of electricity. They’re also responsible for 1% of global energy-related emissions. By 2030, their power demand could increase by 160%.…

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Germany picks 4 startups to deliver world’s first quantum computer for ‘mobile defence’

In its most expensive project to date, Germany’s Cyber Agency (Cyberagentur) has awarded three different contracts to four quantum computing startups — Quantum Brilliance, ParityQC, Oxford Ionics, and neQxt. Their…

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