This veteran-run startup has invented ‘game-changing’ way to recycle Kevlar

UK and Luxembourg-based startup Uplift360 has landed €1mn in pre-seed funding to scale up a greener method for recycling advanced materials like Kevlar. Uplift360’s patent-pending process breaks down Kevlar and…

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Aachen spinout FibreCoat secures €20mn to bring super-fibres to spacecraft

German startup FibreCoat has bagged €20mn in Series B funding as it looks to bring its super-resistant materials to the burgeoning space industry.  FibreCoat spunout from RWTH Aachen University in…

Continue ReadingAachen spinout FibreCoat secures €20mn to bring super-fibres to spacecraft

Nvidia, Accel back Netherlands-based AI firm Nebius in $700M deal

Amsterdam-headquartered Nebius, which builds full-stack AI infrastructure for tech firms, has secured $700mn in a private equity deal led by Nvidia, Accel, and asset manager Orbis.  The funding comes in…

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Fuelled by €24M, UK startup gears up to put more thermal satellites in orbit

British startup SatVu has secured £20mn (€24mn) to fuel the development of its hyper-accurate thermal imaging satellites that act like a thermometer for the whole planet.  The cash injection includes…

Continue ReadingFuelled by €24M, UK startup gears up to put more thermal satellites in orbit

Air taxi startup Vertical Aerospace extends runway with $50mn lifeline

Vertical Aerospace has been thrown a crucial lifeline, staving off potential bankruptcy at the cash-strapped air taxi startup.  The UK-based company — which makes electric vertical take-off and landing (eVTOL)…

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