Dutch startup to bring robotic blood drawing to hospitals


Utrecht-based Vitestro has raised €20mn to bring its robotic blood drawing device to market. Founded in 2017, Vitestro aims to improve the blood draw experience for patients and address personnel shortages in healthcare — where the demand for sk

Dutch minister fears ‘national security risk’ from Chinese ownership of Anteryon


Another Dutch tech firm has been caught in the simmering tensions between the West and China. Amid growing calls to curb Chinese access to chipmaking equipment from ASML, a Dutch minister has raised a separate alarm about the sale of Philips spinoff Anteryon. A

New AI technique detects money laundering via cryptocurrencies


Blockchain is often criticised as a solution in search of a problem. But one group of people has already found immense value in the tech: money launderers. Their crimes cause painful headaches for financial institutions, crypto businesses, legitimate law enforcem

TNW Podcast: Alexandra Balkova on the state of VC; AI compute for everyone


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 episode, Linnea and Andrii talk a

Vinted posts first-ever annual profit after 61% revenue growth in 2023


Vinted, the popular online marketplace for second-hand fashion, has announced its first-ever annual profit. The milestone follows a strong 2023, reaching €596.3mn in revenue — a 61% increase compared to the previous year (€370.2mn). With an adjusted EBITDA at

Vega-C rocket to launch Europe and China’s first entirely joint space mission


The European Space Agency (ESA) has secured a ride for its solar wind satellite. The Solar wind Magnetosphere Ionosphere Link Explorer — or Smile for short — will blast into space aboard a Vega-C rocket. The launch is scheduled for late 2025 from Europe

Dutch startup to test hearing via brain-computer interface


MindAffect, a Netherlands-based healthtech startup, has raised €1.1mn to bring its hearing diagnostics technology to market. A spinout from Radboud University, MindAffect has developed a patented brain computer interface (BCI) technology, which enables diagnos

French startup bags €2M to make cancer clinical trials more accessible


Paris-based Klineo has raised €2mn for its AI platform that facilitates access to cancer clinical trials. Klineo’s platform connects doctors and patients directly with relevant clinical trials. It provides trial search, contact with medical centres, as

OpenAI to train LLMs on Financial Times content — with permission


The Financial Times (full disclosure — the owners of The Next Web) have inked a deal with OpenAI. The American firm will use the British publisher’s content to train its generative AI models. The deal is the latest in a string of new partnersh

New UK cybersecurity law will make weak passwords a thing of the past


Under the UK’s new cybersecurity law, consumer smart devices can no longer allow the use of weak, easy-to-guess passwords, such as “admin” or “12345.” This is part of a set of minimum-security standards the UK is requiring to protect consumers from hacking a


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