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This startup’s microliner promises a cheaper route to electric flights
It’s been a tough year for air taxi startups. The UK’s Vertical Aerospace is running short of cash, while Germany’s Lillium faces bankruptcy. Targets for commercialisation keep getting extended. Investors are hesitant…
These will be the most in-demand skills for developers in 2025
The Dutch labour market is experiencing a persistent talent shortage, according to a new salary survey report. The research also flags that when it comes to hiring in 2025, artificial intelligence, automation,…
Cambridge spinout Molyon bets on lithium-sulfur in race for better batteries
Lithium-ion batteries have served us well, powering much of the modern world. However, today’s tech — everything from drones and EVs to the wretched Tesla cyber truck — demands denser batteries that…
Air taxi startup Vertical Aerospace extends runway with $50mn lifeline
Vertical Aerospace has been thrown a crucial lifeline, staving off potential bankruptcy at the cash-strapped air taxi startup. The UK-based company — which makes electric vertical take-off and landing (eVTOL) aircraft —…
Swiss startup turning rainy days into refunds launches first product
Zurich-based startup Poncho has officially launched its weather insurance platform — and bagged some fresh funding to boot. Founded in 2023, the company aims to transform how the travel and hospitality industries…
UK hospitality startup Lighthouse enters unicorn club with $370M raise
London-based startup Lighthouse just raised a hefty $370mn from American investment giant KKR at a valuation of over $1bn, making it Europe’s latest unicorn tech company. The funding will supercharge the company’s…
Candela brings electric flying ferry to US shores after $40M raise
Candela is flying high — and across the Atlantic. The Swedish startup has secured $14mn, marking the close of its Series C round at a cosy $40mn. This puts its total funding…
Dutch startup picked for $100M wind-powered carbon capture plant in Texas
Amsterdam-based startup Skytree is set to deploy its carbon-sucking machines on a newly announced carbon capture and storage project in Texas, US. Dubbed “Project Concho,” the $100mn Direct Air Capture (DAC) plant…
UK startup launches ‘world’s first’ AI deepfake-detecting browser
UK startup Surf Security has launched a beta version of what it claims is the world’s first browser with a built-in feature designed to spot AI-generated deepfakes. The tool, available through Surf’s…
Tokamak Energy secures $125M to commercialise fusion power
British scaleup Tokamak Energy has secured $125mn as it looks to harness fusion — the same clean, virtually limitless energy source that powers the Sun and stars. Tokamak spun out from the…