As July drew to a close, Getir announced plans to withdraw from three more markets. The Turkish rapid grocery delivery startup pulled out of Spain, Portugal, and Italy, in a move that reduced its European footprint to just four countries. It’s the latest chapter in a string of difficult encounters for the company and for […]
Why Europe’s grocery delivery space is in a state of flux Leer más »
When Monzo published its latest annual revenue figures in February, it provided a flicker of light after months of headlines about fintech down rounds and job cuts. The accounts showed that the UK digital bank was now profitable with a net operating income of £214.5 million (€249mn). The news will cheer up Monzo after seeing
European fintech players are bracing for market consolidation Leer más »
According to WHO, people with disabilities represent 16% of the world population. They also find transportation 15 times more challenging than non-disabled individuals. But for mobility to truly be sustainable, it has to go beyond reducing emissions; it has to be inclusive and cater for every member of society. To this end, technology represents a
Tech is breaking accessibility barriers in transport — here’s how Leer más »
On a typical visit to a sports stadium, you don’t bump into 20-metre-tall giants outside the gates. But this isn’t your typical sports stadium. It’s the MLB virtual ballpark — the first metaverse for a pro sports league. The venue opened on July 8, for a watch party during Major League Baseball’s All-Star Weekend. Hosting
Virtual worlds pioneer targets sports for revival of metaverse dream Leer más »
Since launching in 2009, VanMoof, known for its sleek, high-tech city bikes, developed an almost cult-like following — from the streets of Amsterdam to New York. Today, what was once the world’s most-funded ebike startup is bankrupt, leaving riders angry, loyal followers depressed, and the industry wondering — what’s next? Pretty much everyone and their
VanMoof: What startups can learn from the rise and fall of an ebike superstar Leer más »
Next year, a Dutch company will put a new kind of battery in a drone and — if all goes according to plan — that drone will fly for 50% longer than it could with a standard lithium-ion (Li-ion) battery. Flight times of nearly an hour, say, rather than 34 minutes. The souped-up drone won’t
European startups: I think we’re going to need a better battery Leer más »
When Russia cut off Europe’s gas supply following the invasion of Ukraine, it exposed the vulnerable underbelly of a continent largely reliant on imported energy. To be fair, the bloc responded pretty quickly by sourcing gas from other countries and stockpiling it for a rainy day. And, it turns out, Europe was also hoarding mountains
Europe stockpiles €7B of Chinese solar panels in bid for energy security Leer más »
Paris-based and female-founded AI startup Pathway has announced the general launch of its data processing engine. Reportedly, it is up to 90x faster than existing streaming solutions, and promises to be the “fastest data processing engine on the market.” The secret? A unique ability to mix batch and streaming logic in the same workflow, which
AI startup launches ‘fastest data processing engine’ on the market Leer más »
For millennia, farmers have monitored the health of their potatoes, pumpkins, or pineapples by walking through the fields and looking at them. As you can imagine, this process is time-consuming and often inaccurate, especially over large areas. German deep tech startup constellr believes there is a better way. A spin-off from the Fraunhofer, Europe’s largest
This tech helps farmers monitor their crops — from space Leer más »
Hydrogen-powered planes are, essentially, nothing new. The USSR flew the alternative fuel testbed Tupolev Tu-155 on hydrogen (and liquid natural gas) more than 35 years ago. However, challenges associated with the technology meant that it was basically moth-balled for commercial aircraft operations (rocket fuel is another matter) — until now. With the future of the
Meet Europe’s hydrogen trailblazers on a quest for zero-emission air travel Leer más »
The startup investment climate has been somewhat grim of late. And despite ever-mounting evidence of approaching catastrophe, financing of climate tech has also suffered, with venture funding down 40% in H1 2023. However, there are some rays of hope shimmering on the horizon. With less money available, it is perhaps understandable that investors (even the
Carbon removal registry lands one of largest-ever seed rounds for climate software Leer más »
The first-ever biometric corridor for train travel opened today at Eurostar’s London terminal. The system, developed by British tech firm iProov, replaces border checks with a facial verification checkpoint that you just walk straight past. Before travel, the passenger downloads the app, authenticates their ID, scans their face, and links their ticket. On arrival at
Eurostar launches world’s first walk-through biometric corridor for rail travel Leer más »
