Month: May 2025

German drone maker Quantum Systems has raised €160mn at a valuation north of €1bn, becoming Europe’s latest defence tech unicorn.   Quantum Systems builds electric, AI-powered autonomous surveillance drones that are dual-use, meaning…

US food delivery giant DoorDash has acquired British rival Deliveroo in a £2.9bn ($3.9bn) deal, ending the UK business’ rocky tenure as a public company.  The all-cash offer, priced at £1.80 ($2.40)…

Latvian startup Origin Robotics today launched BLAZE, an autonomous interceptor drone designed to destroy enemy drones by ramming into them or blowing them up. BLAZE is deployable on the battlefield in less…

Five standout scaleups from the Baltics have made it into TECH5 — the “Champions League of Technology.”  Representing Estonia, Lithuania, and Latvia, the quintet will now challenge rivals from six other regions…

Spain and Portugal have largely restored power after Monday’s unprecedented blackout — the worst in recent European history. The fallout has put the region’s reliance on renewables under fire. Santiago Abascal, leader…

Amid the economic malaise that followed the 2008 financial crisis in the UK – record unemployment, sluggish growth, tight fiscal consolidation – a game-changing policy drive was beginning to take shape.  This…

Danish startup Teton has used Gefion, one of Europe’s most powerful supercomputers, to turbocharge the development of its AI “care companion” for hospital staff.  Teton installs cameras and sensors in hospital rooms…