France’s budding AI scene has received another boost from a big investment in the startup Holistic. Amid the celebrations, however, the sale of medtech firm Sonio has added a warning about the…
UK fintech raises £800M for AI that determines how much money you can borrow
An AI scanning your bank transaction data entails a level of invasiveness that I find difficult to accept — let alone embrace for my own transaction information. But the technology could bring…
Bottoms up: This German beer is made from recycled wastewater
Reuse Brew is a classic German lager with a twist — it’s made from recycled wastewater. The beer is the result of a tie-up between the south German city of Weissenburg, American…
German chip giant lowers 2024 forecast as electronics slowdown bites
Infineon, one of the biggest chip makers in Europe, has lowered its revenue outlook for the year, citing “weak” demand from its major target markets. The German company is now expecting a…
UK’s Wayve raises $1B in Europe’s largest ever AI funding round
Wayve, a London-based startup working on AI systems for autonomous vehicles, has raised $1bn. The colossal funding round marks the largest single investment in a European AI startup. Japanese conglomerate SoftBank led…
Swiss startup to advance collaborative robots with GenAI humanoid hand
The power of generative AI has further ignited the race for advanced humanoid robots, promising more capable machines that can learn and deal with unknown environments and challenges. Amid increasing competition across…
Tilburg’s Mr. Winston raises €600K for its hospitality POS system
Tilburg-based Mr. Winston has raised €600,000 to further develop its hospitality POS system and expand into more markets. Founded in 2015, the startup provides a cloud-based POS solution that can work on…
Swedish startup wins EU funding to print organic indoor solar panels
The EU has granted €3.3mn to a consortium led by Swedish startup Epishine. The group’s mission is to boost the development of organic solar panels. In this case, organic refers to solar…
Humanity faces two existential crises — the climate crisis and AI. Can one help solve the other?
As I write this, two contrasting regulations on the development of artificial intelligence — namely generative AI — are making their way through the European and British parliaments. The British approach is…
This startup is using protein powder to beef up carbon capture
A British startup has devised a way to speed-up enhanced rock weathering using protein powder in a potential step forward for the budding carbon capture industry. Enhanced rock weathering (ERW) involves spreading…