Investors and funding

climate-tech-is-set-to-boom.-this-vc-explains-why-it’s-ripe-for-investment

Climate tech is set to boom. This VC explains why it’s ripe for investment

Europe, Investors and funding, Next Featured, Sustainability /

Climate tech is receiving a proportionally larger share of what is, undeniably, a muted venture capital investment environment. VC and private equity investment in the sector has, thus far in 2023, fallen by 40% — just as the evidence of the need for more money for potentially planet-saving technology is becoming increasingly insurmountable.  However, the […]

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ai-is-the-‘word-of-the-year.’-here’s-how-previous-tech-terms-fared

AI is the ‘word of the year.’ Here’s how previous tech terms fared

Deep tech, Insider, Investors and funding /

The artificial intelligence hype train has reached another milestone. In an eagerly-anticipated announcement, Collins Dictionary today named AI as its word of the year. Generously, Collins also provided a definition for the nebulous term:  “the modelling of human mental functions by computer programs.” Additionally, the dictionary offered an explanation for the award. According to the

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Bedazzled by big tech, the UK’s AI summit is overlooking big issues

Corporates and innovation, Deep tech, Government and policy, Insider, Investors and funding, Startups and technology /

World leaders and tech titans are currently descending on southern England for an AI safety summit, but the flashy event isn’t impressing everyone. Over the next two days, around 100 bigwigs will attend the event at the historic Bletchley Park, a country estate around 90km north of London. During World War Two, the site was home to the codebreakers

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multiverse-computing-deploys-quantum-technology-to-predict-floods

Multiverse Computing deploys quantum technology to predict floods

Deep tech, Investors and funding, Startups and technology /

Climate change is here. Along with it, catastrophic floods are becoming alarmingly more and more common. Adapting to a new climate reality is no easy task, but technological advancements offer a ray of hope. Among the industry players tackling this challenge is quantum software company Multiverse Computing. The Spanish startup has won £100,056 in funding

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uk-launches-100m-ai-fund-to-help-treat-incurable-diseases

UK launches £100M AI fund to help treat incurable diseases

Deep tech, Government and policy, Investors and funding /

From making variant-proof vaccines to preventing genetic diseases and improving cancer treatments, AI could truly be an invaluable tool in solving some of the biggest challenges in healthcare. Against this backdrop, the UK aims to harness the tech’s potential and has launched a £100mn fund to accelerate AI deployment in areas where its capabilities could

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2023-to-be-europe’s-‘most-depressed’-year-for-vc-exit-value-in-a-decade

2023 to be Europe’s ‘most depressed’ year for VC exit value in a decade

Ecosystems, Investors and funding, Startups and technology /

Amid the economic downturn, 2023 is expected to be the “most depressed” year in Europe’s VC exit value since 2013, data from Pitchbook has shown. According to the report, during the first three quarters of 2023, exit value reached €9.1bn — down 72.8% compared to the same period in 2022. Unsurprisingly, public listing value continued

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vc-atomico-raises-e1b-in-glimmer-of-hope-for-european-tech-startups

VC Atomico raises €1B in glimmer of hope for European tech startups

Ecosystems, Europe, Investors and funding /

It is no secret that European tech funding has seen an alarming decline throughout the past 24 months. Thankfully, there are still some bright spots. London-based venture capital firm Atomico is challenging the trend, having raised $1.1bn (€1.05bn) of new funding to invest in tech startups.  Atomico will use the funds across both its new

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amsterdam’s-orquesta-raises-e800,000-for-no-code-llm-gateway

Amsterdam’s Orquesta raises €800,000 for no-code LLM gateway

Artificial Intelligence, Deep tech, Investors and funding, Startups and technology /

Amsterdam-based startup Orquesta today announced an oversubscribed €800,000 pre-seed funding round. The company has developed a platform through which companies can integrate various Large Language Models (LLMs) directly into their business operations.  Generative AI and LLMs have been developing at breakneck speed over the past year — a velocity seemingly matched  by investor appetite for

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20b-plan-to-power-the-uk-with-moroccan-sunshine-might-actually-go-ahead

£20B plan to power the UK with Moroccan sunshine might actually go ahead

Corporates and innovation, Investors and funding, Startups and technology, Sustainability /

From fusion energy plants and gigantic wind farms to tidal energy mega-turbines, there is no shortage of ambitious renewable energy projects underway in Europe. But when British startup Xlinks announced in 2021 its plans to send several gigawatts of Moroccan solar and wind power to the UK via the world’s longest subsea cable, I’m sure

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uk,-switzerland,-and-sweden-set-for-biggest-economic-boosts-from-ai-in-europe

UK, Switzerland, and Sweden set for biggest economic boosts from AI in Europe

Corporates and innovation, Deep tech, Government and policy, Insider, Investors and funding, Next Featured, Startups and technology /

The UK, Switzerland, and Sweden are poised to cash in from the AI gold rush, but most of Europe will be a poor nephew to Uncle Sam. So say the expert analysts at Capital Economics, a financial research firm based in London. In a new study, the company assessed which countries are best placed to

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eif-invests-e40m-in-female-founded-climate-tech-growth-fund

EIF invests €40M in female-founded climate tech growth fund

Ecosystems, Europe, Investors and funding, Next Featured, Sustainability /

The European Investment Fund (EIF) announced today it would invest €40mn with Blume Equity. Based out of London, the VC was founded by three women in 2020, and invests into European high-growth climate tech scaleups.  Blume Equity backs companies focusing on decarbonisation as well as broader environmental sustainability. These include carbon accounting platform Normative, sustainable

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carbon-accounting-startup-plan-a-secures-$27m-to-expand-across-europe

Carbon accounting startup Plan A secures $27M to expand across Europe

Investors and funding, Startups and technology, Sustainability /

Berlin’s corporate carbon accounting platform Plan A has just received a fresh boost of capital in the form of $27mn from Lightspeed Venture Partners, Visa, and others. The ESG reporting SaaS startup will use the money to double its headcount to 240+ employees and expand market presence across Europe, particularly in Scandinavia, France, and the

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