Dutch startup BioBX bags €80M to turn plastic waste into hydrocarbons


A Dutch startup has devised a way to convert mountains of plastic waste into chemicals essential for the production of a wide range of goods, from bottles to batteries.  BioBTX has patented the process — known as Integrated Cascading Catalytic P

Microsoft plans to accelerate AI in the Nordics, commits $3.2B to Sweden


Microsoft plans to invest $3.2bn (€2.9bn) to expand its AI and cloud infrastructure in Sweden, marking the company’s biggest single investment in the Nordic nation. The initiative aims to help boost Sweden’s competitiveness in the burgeoning artificial intel

Creandum raises €500M fund as European tech investment shows signs of recovery


Swedish VC firm Creandum — an early backer of Spotify and Klarna — has raised €500mn to fund budding European tech startups. The fund comes at a potentially watershed moment for tech investment in Europe. After a two-year capital dry spell in the wake

Babbel CEO: AI will redefine language learning — but won’t replace it


In our diverse and interconnected world, learning foreign languages is not only a powerful skill, but also essential for cross-cultural communication. But as translation and interpretation tools become more and more advanced, supercharged by generative AI, a q

Why Spain just banned Meta’s new EU election voting features


Spain’s privacy watchdog has barred Meta from launching two features on Facebook and Instagram that the tech giant says were intended to encourage users to vote in the upcoming EU elections.  The tools, dubbed Election Day Information (EDI) and V

This week in Dutch tech


Friday is finally here and so is this week’s round-up of tech news from the Netherlands. We’ve had seven dynamic days of digital developments. From banking hacks and Booking fakes to malware and memes, the end of May’s been action-packed. Here’s

The rise of Heat Geek — a startup hell-bent on bringing heat pumps to the Brits


Missing the chance to install a heat pump in his London home had always bothered tech industry whizz Aadil Qureshi. While builders were in the middle of renovating and extending his terraced house during the depths of the pande

Tesla supplier STMicroelectronics to build €5B EV chip fab in Italy


STMicroelectronics has announced plans to build a giant factory in Italy that will make specialist microchips for EVs and other high-voltage power devices. The Swiss firm is the world’s largest producer of silicon carbide microchips, particularly valu

The rise of Heat Geek — a startup hell-bent on bringing heat pumps to the Brits


Missing the chance to install a heat pump in his London home had always bothered tech industry whizz Aadil Qureshi. While builders were in the middle of renovating and extending his terraced house during the depths of the pande

Swiss AI startup saving Swiss chocolate secures $16M


From semiconductors to chocolate, you’d be surprised how many products are already made with the help of AI.   And it’s precisely on the factory floor where Swiss startup EthonAI is looking to gain a foothold in this emerging market.  “Manufact


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