Startups and technology

german-startup-fernride-bags-$50m-to-make-trucking-autonomous

German startup Fernride bags $50M to make trucking autonomous

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

Munich-based autonomous trucking startup Fernride has closed a further $19mn in its Series A funding round, neatly pushing the total amount raised in the round to $50mn.  Founded in 2019, Fernride has developed autonomous vehicle software that converts trucks into self-driving machines. These haulers operate at Level 4 autonomy which means the vehicle can drive […]

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French car battery startup secures €2bn as EU looks to wean itself off Chinese tech

Corporates and innovation, Ecosystems, Startups and technology /

French car battery startup Verkor has secured €2bn to build its first manufacturing plant in France, at a time when Chinese competitors are rapidly gaining market share in Europe.   The funding round includes €650mn in French subsidies, a sizeable level of state support indicative of the government’s commitment to boosting local production of lithium-ion batteries

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UK’s new AI principles target ‘pro-innovation’ edge over the EU

Ecosystems, Government and policy, Startups and technology /

Britain has expanded its principles-based approach to AI regulation, which aims to create a pro-innovation edge over the EU. In an announcement yesterday, the UK government unveiled seven new principles for so-called foundation models (FMs), which underpin applications such as ChatGPT, Google’s Bard, and Midjourney. Trained on immense datasets and adaptable to various applications, these

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europe’s-largest-solar-thermal-energy-plant-opens-in-belgium

Europe’s largest solar thermal energy plant opens in Belgium

Corporates and innovation, Startups and technology, Sustainability /

Dutch packaging and materials manufacturer Avery Dennison has opened what it claims to be Europe’s largest concentrated solar thermal platform and storage unit at its factory in Turnhout, Belgium.   The new thermal solar energy plant comprises 2,240 surface mirrors, with a peak energy yield of 2.7GWh thermal power. It also contains six thermal modules that

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how-to-apply-for-a-management-role-when-you-don’t-have-management-experience

How to apply for a management role when you don’t have management experience

Future of Work, Startups and technology /

“Should I bother going for this job at all? I’ve never managed anyone.” Clients regularly ask this and my answer tends to be, “Yes, of course you should.” A quick glance at a job spec will tell you why. You may not have headed up a team of software engineers but you have most likely

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hydrogen-aviation-startup-zeroavia-lands-largest-funding-round-to-date

Hydrogen aviation startup ZeroAvia lands largest funding round to date

Startups and technology, Sustainability /

ZeroAvia, one of the leading zero-emission aviation companies in the world, just announced its largest financing round to date. The funding round was co-led by Airbus, Barclays Sustainable Impact Capital, and NEOM. Other participants included Bill Gates’ Breakthrough Energy Ventures, Alaska Airlines, and the Amazon Climate Pledge Fund. No exact funding amount has been disclosed

Hydrogen aviation startup ZeroAvia lands largest funding round to date Leer más »

european-space-startup-chooses-indian-rocket-for-moon-mission-prototype-launch

European space startup chooses Indian rocket for Moon mission prototype launch

Deep tech, Startups and technology /

Europe’s dawdling on the Ariane 6 is becoming increasingly costly as the new era of space race exploration — and exploitation — heats up. The Exploration Company, based in Bordeaux and Munich, has just signed an agreement with the Indian Space Research Organisation (ISRO), in service of its aim of making it to the Moon

European space startup chooses Indian rocket for Moon mission prototype launch Leer más »

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Only 5% of $22B in VC funding for generative AI went to Europe

Deep tech, Insider, Investors and funding, Startups and technology /

European startups got just $1bn of the €22bn that VCs have invested in generative AI since 2019, according to data from Dealroom. Unsurprisingly, American companies attracted the bulk of the money. A whopping $20bn — 89% of the global total — went to US startups. Their Asian counterparts raised only $790mn, while the rest of

Only 5% of $22B in VC funding for generative AI went to Europe Leer más »

improving-driver-monitoring-systems:-the-case-for-synthetic-data

Improving driver monitoring systems: The case for synthetic data

Deep tech, Next Featured, Startups and technology /

Driver monitoring systems (DMS) that assess alertness behind the wheel are rapidly becoming the leading automotive safety feature across the globe. In the EU for example, vehicle safety regulator EuroNCAP is requiring all new cars to incorporate a DMS in order to comply with its safety rating. Amidst this push, startups are benefiting from business

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x-shore’s-first-commercial-electric-boat-will-bring-students-to-school

X Shore’s first commercial electric boat will bring students to school

Startups and technology, Sustainability /

X Shore, Sweden’s award-winning electric boat manufacturer, is launching its third model — and the first one dedicated to maritime professionals. Dubbed X Shore Pro, the electric vessel has been designed for companies and organisations with operations ranging from shuttle services and diving to commercial traffic and coast guards. Notably, one of the first boats

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ubotica-and-ibm-bring-one-click-deployment-of-ai-on-board-satellites

Ubotica and IBM bring one-click deployment of AI on board satellites

Corporates and innovation, Deep tech, Startups and technology /

Amid the increasing commercialisation of space tech, Ubotica has partnered up with IBM to simplify the use of AI applications on board low-Earth-orbit (LEO) satellites. Founded in 2016, the Dublin-headquartered startup provides its CogniSAT edge computing platform for artificial intelligence systems on satellites, which enables AI inference to be performed on data directly in space.

Ubotica and IBM bring one-click deployment of AI on board satellites Leer más »

carbon-offset-data-startup-treefera-raises-e2m-to-map-forests-with-ai

Carbon offset data startup Treefera raises €2M to map forests with AI

Startups and technology, Sustainability /

Treefera says it wants to transform the accuracy, transparency, and efficiency of the carbon offset industry with AI and data from a trillion trees across the globe. It just received a vote of confidence in the form of a €2mn seed round led by Concept Ventures and participation from the CTO of Intel, among others.

Carbon offset data startup Treefera raises €2M to map forests with AI Leer más »

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