French-Swiss software merger to mint Europe’s latest unicorn
French software firm LumApps is set to merge with Swiss counterpart Beekeeper in a deal that will create a new business valued at over $1bn. LumApps, which calls itself an…
NATO’s VC fund backs biotech startup for first time
The NATO Innovation Fund (NIF) has made its first investment in a biotechnology startup. The alliance’s VC arm announced today that it’s co-leading a $35mn Series A round for UK-based…
The race to make AI as multilingual as Europe
The European Union has 24 official languages and dozens more unofficial ones spoken across the continent. If you add in the European countries outside the union, then that brings at…
Switzerland leads the world in deep tech investment, report finds
Switzerland pours more of its venture capital into deep tech than any other country, according to new data. The Swiss Deep Tech Report 2025 found that 60% of all Swiss…
Britain’s first ‘space factory’ blasts into orbit on test mission
A British-built manufacturing satellite successfully launched into orbit on its first test mission. Cardiff-based startup Space Forge launched the probe — called ForgeStar-1 — aboard SpaceX’s Transporter-14 rideshare mission from…
Trump’s isolationism can be ‘best thing that happened’ to Europe, says ex-ASML chief
ASML’s former CEO believes Donald Trump’s reelection presents a golden opportunity for Europe. Peter Wennink, who led ASML to become the continent’s most valuable tech company, sees a chance for…
SpaceX showed us path to profit for quantum computing, says IQM CEO
It is a common assumption that quantum computing is a long-term bet that may take at least a decade to turn a profit. But that’s not always the case. At…
Danish biotech Cellugy wants to replace microplastics in cosmetics
Danish biotech Cellugy has raised €8.1mn in EU funding to accelerate production of a biodegradable material designed to replace microplastics in cosmetics. The grant, awarded under the EU’s LIFE Programme…
Europe must bet bigger on young founders, tech leaders urge at TNW Conference
Europe must take bigger bets on young founders to build tomorrow’s tech giants, industry leaders urged today. Speaking at TNW Conference, investors and CEOs called for stronger support for entrepreneurial…
Europe approves first saliva-based contraceptive — no pill required
A saliva-based fertility tracker has received regulatory approval for use as a contraceptive in Europe. Developed by Berlin-based startup Inne, the at-home testing device — called the “Minilab” — tracks…
Swedish scaleup Flower wins TECH5 — the ‘Champions League of Tech’
Swedish energy tech pioneer Flower has won TECH5 — the “Champions League of Technology.” The company clinched the title of Europe’s hottest scaleup after developing a novel way to store energy…
War tech goes old school with Sweden’s first TNT factory since Cold War
A Swedish startup is taking defence tech back to basics — by building the country’s first TNT factory since the Cold War. Stockholm-based Swebal has secured a €3mn investment for…
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