European VC deal value down 61% in first half of 2023, report finds
Venture capital funding in Europe is plummeting as investors shift focus from growth to cutting costs. In the first half of 2023, European VC deal value was 61% lower than…
UK plan to police internet may be unlawful, force Wikipedia shutdown
British plans to police the internet may be unlawful and force Wikipedia to shut down in the country, critics have warned. The proposed legislation, named the Online Safety Bill, aims…
Stellantis inks €10B in deals to secure chip supply for EVs
Today’s cars, especially EVs, rely on hundreds of different types of microchips to function. But supply chain shortages of semiconductors during the pandemic forced many automakers to cut down production…
Ebike maker VanMoof goes bust, leaving riders in disarray
After pausing sales, closing stores, and being unable to pay its bills, beloved Dutch ebike maker VanMoof has officially been declared bankrupt. Just last week, Dutch courts granted the company…
Early-stage European SaaS startups set for funding rebound, report finds
In the second half of the year, early-stage European SaaS companies will see a significant funding increase across Series A and seed rounds. That’s according to the aVC index, a…
Cowboy releases digital ebike key to keep VanMoof riders on the road
Unless you’ve been living under a rock, you’ll probably know that ebike darling VanMoof is facing bankruptcy. Obviously, this isn’t good news for VanMoof riders, who could be locked out…
Dutch startup taps AI and robotics to automate EV charging
As EVs surge into the mainstream, industry and consumers alike are looking for quicker and easier ways to charge. While advancements in battery technology promise the former, Dutch startup Rocsys…
VanMoof pauses ebike sales, sparking rumours of bankruptcy
Dutch ebike startup VanMoof has paused sales of its bikes and all accessories for almost two weeks now, stoking rumours that the business is in financial difficulty. Since June 29,…
VCs assemble! NATO picks investment team for €1B deep tech fund
NATO has picked the investment team that will oversee the management of its €1 billion deep tech venture fund, set for launch this week in Vilnius at the alliance’s annual…
Water tech could be the next gold rush for European VCs
While many of us in Europe take it for granted, access to freshwater today, and in the future, is far from guaranteed. Demand is skyrocketing but supply is diminishing. Many…
Report: European VC deals continue to sink amid economic downturn
European VC deal activity continued to decline in the second quarter of 2023, the latest report by Pitchbook has found. Unsurprisingly, the ecosystem has been heavily impacted by inflation, limited…
European VC invests in wellbeing and performance platform for founders
Today, Balderton Capital launched a Founder Wellbeing Platform based on how professional athletes approach reaching peak performance. The London-based VC is making the wellbeing and performance programme available to all…
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