AI translation unicorn DeepL reaches $2B valuation with new $300M investment

DeepL, the Cologne-based unicorn that has been rivalling machine translation giants such as Google Translate, today announced a new investment of $300mn (€277mn), reaching a $2bn valuation. Born from online…

Continue ReadingAI translation unicorn DeepL reaches $2B valuation with new $300M investment

Swiss startup creates modular device for on-demand cell therapy manufacturing

Switzerland-based Limula today announced a raise of $6.8mn (€6.2mn) to further develop its technology, which aims to automate cell therapy manufacturing. Gene and cell therapies have emerged as a promising…

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Airbus’ new Racer is half-plane, half-copter — and it’s lightning-fast

Business execs and politicians gathered at a helicopter base in France yesterday for the first public unveiling of Airbus’ new Racer aircraft. At first glance, Racer looks like a regular…

Continue ReadingAirbus’ new Racer is half-plane, half-copter — and it’s lightning-fast