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 at the same time last year according to a new report by Pitchbook, a financial data firm. The total capital raised in the continent was €8.9 […]
European VC deal value down 61% in first half of 2023, report finds Leer más »
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 a two-month ‘suspension of payment’ to protect it from creditors while it worked with administrators to find a solution. However, yesterday, the court of Amsterdam
Ebike maker VanMoof goes bust, leaving riders in disarray Leer más »
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 new monitoring tool developed by London-based AlbionVC and Google Cloud. The aVC index is based on an anonymous survey of 40 investors, who are actively
Early-stage European SaaS startups set for funding rebound, report finds Leer más »
A car-sized spacecraft is falling down to Earth — but there’s a plan to catch it. Aeolus, the first satellite to directly observe wind profiles from space, is almost out of fuel. Earth’s atmosphere and gravity are now dragging the 1360-kg craft down to our planet at increasing speed. In the original plan, Aelous was
A world-first spacecraft reentry to Earth is approaching Leer más »
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 of their own bikes which largely rely on a unique software app created by the Dutch company. But fear not VanMoofers, Belgian ebike rival Cowboy
Cowboy releases digital ebike key to keep VanMoof riders on the road Leer más »
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 believes automation will help make charging a whole lot more efficient. Rocsys has created a robotic arm guided by AI-powered computer vision technology that can
Dutch startup taps AI and robotics to automate EV charging Leer más »
Chasmic wealth gaps, soaring crime rates, exorbitant living costs, and horrifying homelessness… no wonder everyone dreams of being “the next Silicon Valley.” The latest bearer of the nickname is Cambridge, England. Under new government plans, billions of euros will be poured into new houses, business parks, laboratories, and science hubs in the city. The investment reportedly
6 places labelled Europe’s ‘next Silicon Valley’ Leer más »
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, visitors to VanMoof’s website have been met with a pop-up explaining that the company has paused orders to catch up with current demand. “We have
VanMoof pauses ebike sales, sparking rumours of bankruptcy Leer más »
One of the best ways to make buildings greener is to cover them with solar panels — turning homes, offices, and factories into clean energy generators. Rooftop solar is particularly popular in the Netherlands because, well, it’s a tiny country with lots of people, where every square inch counts. Adding solar panels to the empty
Art meets solar: These Dutch startups are making photovoltaics sexy Leer más »
Early this morning, Meta’s new Twitter rival, Threads, hit 100 million sign-ups, less than a week after launch. This makes Threads the fastest growing online platform in history, dethroning ChatGPT, which took two months to reach the same number of users. When Mark Zuckerberg commented (posting on Threads, naturally) on hitting 70 million users on
Meta’s Threads reaches 100M users, despite delayed EU launch Leer más »
UK Finance, which represents more than 300 companies, has written to the chancellor, Jeremy Hunt, requesting that ministers make tech companies take responsibility for payment fraud on their platforms. Specifically, the lobby group is pointing the finger at Meta, which it claims is connected to over 60% of all push payment fraud. An Authorised Push
Meta platforms top the list of UK payment scams, finance group claims Leer más »
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 of the ways in which water is used are inefficient and antiquated, and climate change is making the entire problem a lot worse. Europe just
Water tech could be the next gold rush for European VCs Leer más »
