Cultivating giants: How nurturing university spinouts fuels innovation ecosystems

Innovation thrives at the intersection of academia and entrepreneurship. Universities serve as breeding grounds for startups poised to disrupt industries with their novel ideas and cutting-edge technologies.  Yet, the path…

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Oxford Ionics doubles performance of previous quantum chip world record

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…

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Icelandic VC closes $87M fund as country’s startup scene comes of age

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…

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Ariane 6 has lift off! Historic rocket launches Europe back into space

Finally, Europe has regained independent access to space. The continent reestablished a sovereign launch capacity on Tuesday with the maiden flight of the Ariane 6 rocket. However, the mission didn’t…

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Munich startup planqc secures €50M for ‘Made in Germany’ quantum computers

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…

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Netherlands’ LUMO Labs launches €100M fund for European impact startups

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…

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