Munich-based startup OroraTech has secured €25mn in funding to scale up its AI-powered wildfire detection system. Korys, the investment arm of the Colruyt’s — a Belgian noble family — led the funding round. The EU’s Circular Bioecono
Amsterdam-based scaleup Lumicks has secured €20mn from the European Investment Bank (EIB) to accelerate the discovery of immunotherapy drugs for cancer. The venture debt funding will help Lumicks further develop and market its cell avidity analyser, a m
Poppy Gustafsson, the co-founder and former CEO of UK cybersecurity darling Darktrace, has been named Britain’s new minister of investment as the new Labour government looks to win favour with big business. Gustafsson will head up the revam
British VC fund Founders Factory has launched the Mining Tech Accelerator in partnership with Rio Tinto, as the metals giant seeks to find better ways to cash-in on surging demand for lithium, copper, and other materials critical to t
Deep tech startup Mybridge has emerged from the shadows with an €8mn investment to fuel its objective — to revolutionise the way we take photos. Founded by Håkon Espeland and Anders Tomren in 2020, Muybridge has spent the last four years developi
Debates about AI are everywhere these days. Families are chatting about its impacts on their lives. Politicians are deliberating over the laws that oversee it. Workers are talking about the risks of job automation. Entrepreneurs are chewing over the business
Welcome to the new episode of the TNW Podcast — the show where we discuss the latest developments in the European technology ecosystem and feature interviews with some of the most interesting people in the industry. In today’s special episod
OpenAI is opening new offices in Paris and Brussels as the ChatGPT maker accelerates its global expansion plans. The new sites increase the company’s European presence to four offices. They join London, which began OpenAI’s international expansion in 2023, an
Private capital investment in Belgian startups has exceeded €470mn in the first half of 2024, compared to a total of €424mn in 2023. At the current rate of spending, the country’s tech ecosystem is heading for a record funding year. That’s according to the Sta
Danish startup Landfolk has launched a visual search engine for holiday homes. Named Daisy, the feature invites users to search for their dream destinations. They can enter endless prompts, from “a luxurious room overlooking the ocean” to “a cosy cabin in the m