Dutch deep tech fund for photonics startups reaches €75M after second close

PhotonVentures, a Dutch deep tech fund aiming to boost Europe’s photonics industry, has closed its second fundraising round with over €15mn — bringing its total capital to €75mn. The fund…

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Italy sets up €1B AI fund, mulls new penalties for the tech’s misuse

Backed by state lender Cassa Depositi e Prestiti (CDP), Italy is committing €1bn to AI development over the course of the next five years. Prime Minister Giorgia Meloni first announced…

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Ukraine launches defence tech accelerator amid sector-wide boom

Ukraine has launched a defence tech accelerator programme for new startups aiming to deliver innovative solutions for military applications. The Defence Builder Accelerator is a four-month-long training programme, which will…

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The new tech trends set to shape the smart cities of tomorrow

The World Bank estimates that by 2050 the global urban population will double in size, putting ever-increasing pressure on city streets, housing markets, infrastructure, government services, and the environment. Luckily,…

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