German chip giant lowers 2024 forecast as electronics slowdown bites
Infineon, one of the biggest chip makers in Europe, has lowered its revenue outlook for the year, citing “weak” demand from its major target markets. The German company is now…
Swiss startup to advance collaborative robots with GenAI humanoid hand
The power of generative AI has further ignited the race for advanced humanoid robots, promising more capable machines that can learn and deal with unknown environments and challenges. Amid increasing…
Deeptech VC raises €300M in push for ‘semiconductor supremacy’
Flemish venture capital firm Imec.xpand has raised €300mn to invest in deeptech startups. The VC is a spinoff from Leuven-based Imec, one of the world’s largest microelectronics research institutions. The…
AI-powered ‘deep medicine’ could transform healthcare in the NHS
Today’s NHS faces severe time constraints, with the risk of short consultations and concerns about the risk of misdiagnosis or delayed care. These challenges are compounded by limited resources and…
Dutch startup to bring robotic blood drawing to hospitals
Utrecht-based Vitestro has raised €20mn to bring its robotic blood drawing device to market. Founded in 2017, Vitestro aims to improve the blood draw experience for patients and address personnel…
Dutch startup to test hearing via brain-computer interface
MindAffect, a Netherlands-based healthtech startup, has raised €1.1mn to bring its hearing diagnostics technology to market. A spinout from Radboud University, MindAffect has developed a patented brain computer interface (BCI)…
French startup bags €2M to make cancer clinical trials more accessible
Paris-based Klineo has raised €2mn for its AI platform that facilitates access to cancer clinical trials. Klineo’s platform connects doctors and patients directly with relevant clinical trials. It provides trial…
DeepL launches AI writing assistant for businesses trained on its own LLM
DeepL, which has been rivalling machine translation giants such as Google Translate and Microsoft Translator, has launched an AI writing assistant tailored for businesses. Dubbed DeepL Write Pro, the product…
Europe taps deep learning to make industrial robots safer colleagues
Demand for industrial robots is rising in Europe, especially driven by the benefits of automation. However, there are ongoing challenges in ensuring seamless collaboration with humans while maintaining safety. To…
AI unicorn Synthesia launches most ’emotionally expressive’ avatars on the market
A British startup today unveiled new AI humans that blur the line between the virtual and the real. Synthesia calls the digital beings “Expressive Avatars.” They promise the most realistic…
Paris startup adds ‘universal compute’ weapon to France’s growing AI arsenal
A startup promising “universal AI compute” has joined France’s thriving artificial intelligence sector. Paris-based FlexAI emerged from stealth today with a €28.5mn war chest and an ambitious plan to “unlock…
World-first satellites for commercial science set for launch in 2025
A British startup aims to launch science satellites into space in 2025 after raising a fresh £2mn. Blue Skies Space has devised a unique business plan for the stargazers. They will be the…
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