Spanish startup edges closer to Europe’s first private orbital rocket launch
PLD Space has secured an €11mn loan to help fund the development of a liftoff site for its partially reusable Miura 5 rocket, which is set to become Europe’s first…
Nvidia, Accel back Netherlands-based AI firm Nebius in $700M deal
Amsterdam-headquartered Nebius, which builds full-stack AI infrastructure for tech firms, has secured $700mn in a private equity deal led by Nvidia, Accel, and asset manager Orbis. The funding comes in…
Fuelled by €24M, UK startup gears up to put more thermal satellites in orbit
British startup SatVu has secured £20mn (€24mn) to fuel the development of its hyper-accurate thermal imaging satellites that act like a thermometer for the whole planet. The cash injection includes…
This startup’s microliner promises a cheaper route to electric flights
It’s been a tough year for air taxi startups. The UK’s Vertical Aerospace is running short of cash, while Germany’s Lillium faces bankruptcy. Targets for commercialisation keep getting extended. Investors…
Air taxi startup Vertical Aerospace extends runway with $50mn lifeline
Vertical Aerospace has been thrown a crucial lifeline, staving off potential bankruptcy at the cash-strapped air taxi startup. The UK-based company — which makes electric vertical take-off and landing (eVTOL)…
Candela brings electric flying ferry to US shores after $40M raise
Candela is flying high — and across the Atlantic. The Swedish startup has secured $14mn, marking the close of its Series C round at a cosy $40mn. This puts its…
Rocket plane blasts through sound barrier on route to hypersonic flight
Dawn Aerospace has flown its rocket-powered aircraft past the speed of sound, the latest milestone on its path to its first commercial flights. During the test, which took place on…
Founderful raises $140M fund as Switzerland vies for Europe’s tech top spot
Zurich-based venture capital firm Founderful has raised $140mn in its second fund — $20mn more than its target and a strong sign of investor confidence in Switzerland’s flourishing tech ecosystem. …
Battery recycling startup Tozero bags €11M to boost Europe’s lithium supply
In 1991, Sony brought the first rechargeable lithium-ion battery to market. The unique chemistry proved a game-changer in energy storage. Today everything from EVs to smartphones depends on it, with…
EU funding powers 10% of European startup ecosystem, study finds
About one in every 10 European startups that have raised VC investment are also backed by an EU grant of equity financing, according to a research project conducted by Dealroom…
TNW Podcast: Endless possibilities of a digital stethoscope with Diana van Stijn, Lapsi Health
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…
Space rover tests ‘natural intelligence’ based on insect brains
In a simulation of Mars, a space rover is testing a control system with an unusual inspiration: insect brains. The software was created by Opteran, a startup based in the UK.…