This tech helps farmers protect their crops — from space


For millennia, farmers have monitored the health of their potatoes, pumpkins, or pineapples by walking through the fields and looking at them. As you can imagine, this process is time-consuming and often inaccurate, especially over large

Italy’s largest investment bank pledges to back UK fintech startups


London-based startup accelerator Founders Factory has gained a new partner in the form of Mediobanca. The Milan-based investment bank is looking to increase its presence in the UK, and has pledged €12mn to the joint venture.  Specifically, Mediobanca

New UK law could spark ‘default surveillance of everyone’s devices’


New laws proposed in the UK could normalise surveillance of personal devices, experts have warned. The concerns stem from a planned update to the Investigatory Powers Act (IPA). When the original rules passed in 2016, critics described them as the “most extre

Fibre optics could be the answer to water loss from leaky pipes


Approximately 48.6 billion cubic meters of water are lost around the world every day. According to the International Water Association (IWA), the main culprits for this loss are underground leaks on water mains and service pipes. To monitor leaks in water pip

Getir sells off equipment, scrambles for funding amid financial woes


Getir’s woes are dragging on in Europe, raising concerns over the grocery delivery platform’s future in the region. On Wednesday, the Turkish-owned company started auctioning off parts of its equipment, as it closes down a number of its dark stores i

AI in healthcare could exacerbate ethnic and income inequalities, scientists warn


Scientists fear using AI models such as ChatGPT in healthcare will exacerbate inequalities. The epidemiologists, from the universities of Cambridge and Leicester, warn that large language models (LLMs) could entrench inequities for ethnic minorities and lower

UK bets on 11 key technologies to boost its space sector


The UK Space Agency has identified 11 critical technology areas to strengthen the country’s position in the space sector and enable further cooperation with international partners such as NASA, the ESA, and Japan’s JAXA. The technologies are listed in the age

Electric air taxi completes first untethered test flight


Vertical Aerospace’s electric urban air taxi has completed its maiden untethered flight, marking a significant milestone for the Bristol-based startup. The flight took place on Wednesday at Cotswold Airport in southwest England, where a full-scale prototype o

European VC deal value down 61% in first half of 2023, report finds


Venture capital funding in Europe is plummeting as investors shift focus from growth to cutting costs. In the first half of 2023, European VC deal value was 61% lower than at the same time last year according to a new report by Pitchbook, a financial data firm.

UK plan to police internet may be unlawful, force Wikipedia shutdown


British plans to police the internet may be unlawful and force Wikipedia to shut down in the country, critics have warned. The proposed legislation, named the Online Safety Bill, aims to protect people from illegal or “harmful” content. Under the rules, any platf


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