Dutch VC firm PhotonVentures has raised €60mn for its new fund aimed at stimulating Europe’s photonics industry. The capital targets startups and scaleups active in photonic chips — a crucial technology for applications in robotics, quantum computing, and autonomous vehicles. Specifically, the fund will initially […]
Investors and funding
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World’s tallest wooden wind turbine is ‘stronger than steel’
There’s a wind turbine being built in the forests of Sweden — or should I say from the forests. Budding startup Modvion, based in the Scandinavian country, is currently building the world’s tallest wooden wind turbine, and it’s on track for completion this year. The […]
Flying car startup eyes 2025 takeoff following US, EU certification
Flying cars have captured the public imagination for decades, but have yet to enter the mainstream. However, with investors pouring cash into the sector, could the 2020s be the decade when sci-fi vision becomes reality? German startup Lilium certainly hopes so. The startup announced this […]
Digital euro framework seeks to quell privacy concerns
The digital euro is edging closer to reality, despite concerns over the project’s privacy risks and functionality. The European Commission on Wednesday proposed a legal framework for the electronic currency. Under the draft legislation, digital euros would be accepted for transactions anywhere in the eurozone, […]
This building in Amsterdam is almost 100% reusable
Dutch architecture firm MVRDV has completed Matrix One — a 6-storey, energy-efficient, office and laboratory block constructed using over 120,000 reusable components. The building is the largest of seven that make up the Matrix Innovation Center in the Amsterdam Science Park, which serves as a […]
Major VCs unite in alliance to help startups and investors reach net zero
A group of over 23 VCs across Europe and the US have joined forces this week to guide startups and their early-stage investors towards net zero, in an effort to decarbonise the global economy and the venture capital industry. The Venture Climate Alliance (VCA) consists […]
Getir eyes Flink takeover as Europe’s rapid grocery delivery sector consolidates
The COVID-19 pandemic was a veritable gold rush for food delivery startups — as the world shut down, people ordered in. These companies promised rapid delivery of groceries from local stores using bikes and scooters, and as demand skyrocketed, investors poured cash into the booming […]