Space balloon for tourists set for landmark test flight
A “space balloon” for tourists is set for a test flight in Saudi Arabia this September. Spanish startup Halo Space built the balloon for zero-emission trips into the stratosphere. Each…
Depop and Selfridges are stitching AI analytics into second-hand fashion
Depop and Selfridges are sewing an AI thread into their clothes. The fashion retailers have enlisted British startup Kelp Technologies to analyse market trends and prices of second-hand apparel. Kelp —…
Report: Sweden’s startup ecosystem retains EU lead, but loses momentum
Sweden remains the leading startup ecosystem in the EU, second only to the UK in Europe as a whole. That’s according to this year’s Global Startup Ecosystem Index Report by…
Terra Quantum wins US Air Force contract for quantum-resistant network study
Swiss startup Terra Quantum announced today it has landed a contract to embark on a study with the US Air Force for a network utilising post-quantum cryptography, quantum key distribution,…
‘Switzerland of quantum computing’ raises $75M for error-correction chip
UK-based Riverlane announced today it has secured $75mn in Series C funding to meet “surging global demand” for quantum error correction — and propel it on its path toward 1…
ADHD app launches ‘lifeline’ to treatment, calls for healthcare reforms
A new app hopes to provide a “lifeline” to the 2.5 million people in the UK with ADHD. Cog ADHD combines access to specialists with in-app treatment tools. The system…
Death from overwork: AI app pitches solution to Japan’s ‘karoshi’ problem
It’s Friday, and you know what that means! That’s right — it’s time to talk about working yourself to death. It’s a fate we could all face. Take your humble…
EU AI Act enters into force, sets global standard for AI governance
The European Union’s AI Act entered into force yesterday. It is the world’s first comprehensive regulation for artificial intelligence. First agreed upon in December 2023, the law is applying a…
UK chip incubator startups secure over £10M in funding
Twelve semiconductor startups taking part in the UK’s ChipStart scheme have raised over £10mn in funding from private investors and grants, the British government announced today. Launched in October 2023,…
Google DeepMind launches 2B parameter Gemma 2 model
Google DeepMind announced today the release of the 2 billion (2B) parameter version of Gemma 2, the second generation of its Gemma AI models. First launched in February this year,…
EU backs 15 startups to fight online misinformation with blockchain
The EU has awarded €1.8mn to 15 startups to help tackle online misinformation, fraud, and fake identities with blockchain-based technologies. The grant funding is part of the NGI TrustChain initiative,…
Building a nurturing ecosystem in deep tech: collaboration over proprietary innovation
The potential for deep tech to reshape industries from healthcare to climate science is immense. Yet, harnessing this potential requires more than just breakthroughs in isolated silos; it necessitates a…
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