Military AI startup Helsing has raised a whopping €450mn at a reported valuation of €5bn. The German company said the war chest will fund security for NATO’s Eastern Flank. Founded in…
UK-based startup Oxford Ionics today announced a significant achievement for its ion-trapped quantum processors, demonstrating over twice the performance of the previous world record — without using error correction. While…
Whisper it, but startup funding is showing signs of a rebound. Venture capital investment in Europe has risen by 12% so far in 2024, according to Dealroom. By June, the…
PhotonDelta, a photonic chip accelerator in the Netherlands, has opened an office in Silicon Valley — marking a milestone moment for the Dutch semiconductor sector. The move is part of…
US chipmaker AMD has agreed a $665mn (€614mn) deal to buy Finnish startup Silo AI, one of Europe’s leading artificial intelligence firms. AMD announced the all-cash transaction on Wednesday. The…
Amid increasing interest in Iceland’s tech ecosystem, Reykjavik-based Frumtak Ventures has closed a $87M fund aimed at local startups. This is the venture capital firm’s fourth fund, following a €57mn…
Air taxis have been cleared for takeoff during the Paris Olympics — and President Macron has been offered a seat on the first flight. German startup Volocopter will deliver the…
Belgian startup Textgrain is building the world’s first AI model that will be capable of detecting hate speech online in all 24 official EU languages. Founded in 2016, Textgrain is…
To protect critical underwater infrastructure from potential attacks or natural disasters, NATO is backing a project that aims to reroute internet from subsea cables to satellites in space. The Alliance…
German quantum computing startup planqc yesterday announced a Series A raise of €50mn. A mere 18 months after its founding, the startup has already scaled its digital atom-based technology to…
When it comes to programming languages, it’s often the newest that garner the most attention. But according to Ted Kremenek, Apple director of languages and runtimes, programmers should be shaking…
Dutch venture capital fund manager LUMO Labs is launching a new €100mn fund for Europe’s impact-driven tech startups. Building on LUMO Lab’s existing investment strategy, the new Rise Fund will…