Venture investment to startups founded by women in Europe declined 12% in 2024, but it was in line with the 11% decrease in venture investment overall.
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While Venmo or Splitwise are effectively ‘debt collector’ tools, which require one person to pay a full bill and then request funds from others, neither have cracked bill-splitting at the moment of payment. European startup Cino, which has come up with just such a product, has now raised €3.5m in a Seed funding round led […]
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“There’s scarcely a part of the company that is unaffected by AI,” said Vishal Sharma, Amazon’s VP of Artificial General Intelligence, on Monday at Mobile World Congress in Barcelona. He dismissed the idea that open source models might reduce compute needs and deflected when asked whether European companies would change their generative AI strategies in light […]
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When it comes to AI software, you can build something clever, but that’s not always the same as building something that is secure. With so much software now getting written by AI, having a window into its security can be a challenge. That’s the premise of Archipelo, a San Francisco-based cybersecurity startup that is today […]
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Fintech has fragmented into increasingly specialized, cucumber-sliced micro-services, ranging from embedded buy-now-pay-later loans to specialized neo banks to yet more payment processing systems. What opportunities remain for innovators in such a fragmented landscape? One U.K. startup, Just Move In, zoomed out and realised that the home had been overlooked by everyone in the industry. And […]
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Being somewhat later than Europe in adopting the idea of parcel delivery, much of Asia built its delivery infrastructure around e-commerce, effectively “Uberizing” how deliveries worked down to the last mile. Think DoorDash but for parcels, not food. This is what the founders of Europe’s Relay realized and decided to bring to the region — […]
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The boom in e-commerce post-pandemic meant shops moved online. However, some merchants ended up with dozens of separate app providers to accommodate everything from supply chains, to inventory, to marketing. The founders of Shop Circle realized this and either built or bought many such apps. The company has now raised $60 million in a Series […]
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Proxima Fusion, a two-year-old, German nuclear fusion startup, has published plans for a working fusion power plant in a peer-reviewed journal, in what is being touted as a step-change in the race to generate limitless energy. Today’s nuclear fission reactors create radioactive waste, whereas nuclear fusion releases vast amounts of energy, with zero carbon emissions and […]
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Using generative AI to create software has been possibly the largest use case since it first appeared a couple years ago. But platforms like Cursor and Copilot are mostly confined to a world inhabited by trained engineers. Lovable, a Swedish AI startup, reached the front page of both Product Hunt and Hacker News last year […]
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Today marks three years since Russia’s illegal, unprovoked, and brutal invasion of Ukraine. The Ukrainian people have heroically fought the war with grit and determination, but they have also, against the odds, innovated on and off the battlefield. In addition to establishing a defense tech initiative called BRAVE1, the country has also hosted tech conferences like […]
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It’s often said that the U.K. and Europe lack the huge level of growth funding for later-stage startups that the U.S. has for its own, and this is correct. According to the European Investment Fund, there are at least seven times more large-size VC funds in the U.S. than in Europe. So the appearance of a […]
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Companies developing small modular nuclear reactors (SMRs) have raised more than $1.5 billion in the past year, as tech companies hunger for power to train AI models and governments decide to commit to the industry. For example, X-energy raised $700 million this month, and Paris-based Newcleo raised $151 million last year, and one would be […]
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Generative AI is getting better at interpreting dense texts, and this progress has proven to be a boon for startups attacking one of the most complex sets of texts there is: the law. It makes sense then that we’ve been seeing a new burst of activity in the legal tech space off the back of […]
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The recent Brian Epstein biopic “Midas Man,” a film about the manager of The Beatles, debuted not on a platform like Netflix or Amazon, but on a startup that bills itself as “Shopify for filmmakers.” So what, you might ask? The answer is that the new platform, Olyn, claims to offer a new model for […]
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With both Vice President J.D. Vance and U.S. Defense Secretary Pete Hegseth making loud noises Friday about Europe stepping up to the plate in spending more on its own defense, it might come as a surprise that Europe is already on the path toward far greater investment in defense, especially in tech. Not only has […]
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Internal customer support platforms are moving from platforms like email ticketing systems and chat to channels like Slack, Microsoft Teams, and even Discord. But with Slack, for instance, able to host hundreds of channels, the whole thing can become quite unwieldy. Plain, out of the U.K., thinks it has the answer. Its API-first platform consolidates […]
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Brands are constantly trying to streamline how they source packaging materials and ingredient suppliers for their products in order to quickly meet consumer demand. However, even today this process can involve some laborious wandering around trade shows. Keychain is an AI-powered platform that aims to quickly connect the consumer packaged goods (CPG) industry with manufacturing […]
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As the AI Summit got underway in Paris on Monday, some 60 European companies — from incumbent industrial giants to AI startups (including France’s large language model maker Mistral) — signed up to an initiative to help establish Europe as a leader in AI. But the fact that they felt the need to sign up at […]
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As cancer rates in the West, and globally, tack upwards due to lifestyle and environmental pollution, so does the need for the nuclear isotopes used in detecting those cancers in a medical setting. But with many reactors built in the 70s and the 80s scheduled for shut down, the materials used are becoming rarer and […]
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Modern product engineering requires the production of highly accurate digital simulations, allowing engineers to create prototypes and understand the real-world performance of materials. Currently, legacy software platforms from companies like IBM and Dassault are generally deployed, but now startups are joining the arena, powered by generative AI. One such is Trace.Space, coming out of Riga, […]
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