German startup Fernride bags $50M to make trucking autonomous
Munich-based autonomous trucking startup Fernride has closed a further $19mn in its Series A funding round, neatly pushing the total amount raised in the round to $50mn. Founded in 2019,…
French car battery startup secures €2bn as EU looks to wean itself off Chinese tech
French car battery startup Verkor has secured €2bn to build its first manufacturing plant in France, at a time when Chinese competitors are rapidly gaining market share in Europe. The…
Meet the VC on a mission to bridge climate tech’s funding gap
When it comes to saving the world — or, let’s face it, civilisation, the planet will recover — there is no silver bullet. Rather, it is going to take a…
UK’s new AI principles target ‘pro-innovation’ edge over the EU
Britain has expanded its principles-based approach to AI regulation, which aims to create a pro-innovation edge over the EU. In an announcement yesterday, the UK government unveiled seven new principles…
European fintech funding drops 70% in first half of 2023
Fintech funding in Europe has been greatly affected by the challenging economic environment, the latest report by Finch Capital has found. Specifically, startups in the sector raised a total of…
‘World’s most accurate’ startup data platform to identify gaps in AI ecosystem
Today, the Saïd Business School at the University of Oxford, along with early-stage VC OpenOcean, released what they call “the world’s most accurate open access startup insights platform” — the…
NordicNinja raises €200M fund for climate, deep tech startups
NordicNinja, the largest Japanese VC in Europe, has raised a fresh fund of €200mn for early-stage startups active in climate and deep tech, with particular focus on the intersection between…
Tech companies spend €113M per year on lobbying EU policies
Tech companies spend over €113mn per year on lobbying the EU’s decision-making policies, a new study by the Corporate Europe Organisation (CEO) has found. Alarmingly, the tech industry’s lobbying power…
EU has ‘no chance’ of semiconductor independence — but neither does anyone else
Our world runs on semiconductors. The slivers of silicon provide electronic brains to phones, computers, cars, data centres, and stock markets. They’re also the digital backbone of modern militaries. Some…
Meet the 10 deep tech startups in Intel Ignite’s first UK accelerator
Intel Ignite, Intel’s accelerator for early-stage deep tech startups, has unveiled the 10 companies that will comprise its newly-launched London cohort — the first one in the UK. Starting on…
UK rejoins EU’s Horizon flagship research programme
After months of negotiations, the UK is rejoining Horizon, the EU’s €95.5bn flagship research and innovation programme, prime minister Rishi Sunak announced Thursday. Although the country’s participation in the programme…
Apple and Microsoft deny EU ‘gatekeeper’ status for iMessage and Bing
Apple and Microsoft are pressing the EU to omit iMessage and Bing, respectively, from a list of “gatekeepers” subject to new regulatory requirements. Their reasoning? The services, claim the companies,…
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