Finnish startup Basemark secures €22M to make driving safer with AR

Helsinki-headquartered Basemark has raised €22mn to bring its augmented reality (AR) “toolkit” to automakers across the globe. Basemark’s software, dubbed Rocksolid AR, is an AI-based computer vision system that enables…

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The race is on to commercialise fusion energy. Europe could lead the charge

The unimaginably complex task of creating, containing, and commercialising fusion energy is undoubtedly one of the greatest scientific endeavours of our time.  Since the 1950s, hoards of the world’s top…

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Carpooling rebounds as BlaBlaCar raises €100M and reaches profitability

Carpooling’s resurgence continued today as France’s BlaBlaCar reached two big new milestones. The Paris-based trip-sharing service has raised a €100mn credit line and hit profitability over the last 24 months…

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Cosmic rays, XR, and ‘multiverse’ quantum computing — welcome to EIC’s deeptech Scaling Club

“Do you believe in the multiverse?” our petite and cheerful guide Angelina asked me when I told her what I do for a living, while navigating the rambunctious street’s of…

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Startup building ‘biowearables’ for chronic kidney disease nets €2.3M

Paris-based Metyos has raised €2.3mn in pre-seed funding to improve the lives and health outcomes of chronic kidney disease patients with its biowearable technology. Chronic kidney disease (CKD) affects 10%…

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This startup is building AI that can fly drones and make its own decisions

The debate on how far artificial intelligence can go revolves around questions about what actually constitutes human intelligence, and can a machine function similarly enough to a human brain? While…

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How hydrofoil boat startup Candela took a wild idea and made it fly

In 1906, inventor Enrico Forlanini launched the first hydrofoil boat on Lake Maggiore in the Italian alps. His contemporary innovator Alexander Bell later said a ride on Forlanini’s invention was…

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