Silicon Valley’s AI-controlled hot rock batteries are coming to Europe
A Silicon Valley startup is developing a hot rock battery that could be the next big thing in energy storage — and it’s coming to Europe. The giant brick toaster…
Helsinki startup raises €4M for smart bed legs to outsmart bed bugs
Helsinki-based Valpas has raised €4mn in a seed round to tackle a crawling menace: bed bugs. The bed bug outbreak in Paris last year spread apocalyptic vibes across the hotel…
Swedish digital pet care startup raises €20M to expand in US
Swedish pet telehealth startup FirstVet has secured €20mn to grow its operations and expand its remote veterinary care services in North America. The platform offers immediate video consultations and wants…
Swiss SkyCell bags $116M to optimise pharma transport with smart cold chain containers
SkyCell, based in Switzerland, has closed $116M in a Series D round for its technological solution that improves the pharmaceutical supply chain for air travel. Founded in 2013, the startup…
Stable Diffusion to live on: Stability AI confirms rescue deal and new CEO
While Stability AI’s latest image-generating model, Stable Diffusion 3, may have been a success, things behind the scenes at the company have been slightly more turbulent. However, with today’s funding…
Neustark secures $69M to lock carbon in concrete for 100,000 years
Swiss startup Neustark has raised $69mn to take its carbon capture technology global. Decarbonization Partners, a partnership between the world’s largest asset manager BlackRock and Singaporean investment firm Temasek, led…
TNW Conference 2024 Day 1 Highlights
Day 1 of TNW Conference kicked off with an array of inspiring sessions, insightful panel discussions, thought-provoking performances, and of course, a ton of meetings that will fuel the next…
UK cybersecurity startup PQShield raises $37M for post-quantum cryptography
Leading post-quantum cryptography (PQC) startup PQShield today announced a Series B raise of $37mn. This comes as organisations and businesses hasten to get “quantum-ready,” ahead of the first PQC standards…
What to expect at TNW Conference 2024
TNW Conference 2024 is finally here! As we here at The Next Web attend many conferences throughout the year (although few are as much fun and inspiring as our own,…
Space forges, faster AI, and battlefield robots: NATO backs first 4 European startups
NATO has confirmed the first group of European startups and venture capital firms it’s investing in as part of its €1bn innovation fund. Officially launched in 2023, the NATO Innovation…
Highview Power secures £300M to build UK’s first liquid air battery
UK scaleup Highview Power has secured £300mn to build a liquid air storage plant in Manchester. The UK government’s Infrastructure Bank led the funding round. Investment bank Goldman Sachs, British…
Black Semiconductor raises €254.4M for graphene-based chips in boost for European sector
Amid a global race for semiconductor leadership, an Aachen-based startup has raised €254.4mn for its chip technology in a big boost for the German as well as the European semiconductor…
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