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Startup searching for ‘holy grail’ of encryption raises $73M

Posted on March 7, 2024 by admin

French startup Zama has raised $73mn to commercialise the “holy grail” of cryptography: fully homomorphic encryption (FHE). Conceptually simple but practically complex, FHE enables computations on encrypted data without having to first…

Dutch government launched secret task force to keep ASML in Netherlands, report says

Posted on March 6, 2024 by admin

The Dutch government has reportedly launched a secret task force to keep chip giant ASML in the Netherlands. Dubbed “Operation Beethoven,” the task force was formed to allay ASML’s fears about the…

Digital bank Monzo raises £340M amid UK push to remain fintech leader

Posted on March 6, 2024 by admin

Amid tough market conditions, digital bank Monzo has raised £340mn (€409mn) in new funding, reaching a post-money valuation of £4bn (€4.7bn). The round was led by new investor CapitalG, the growth fund…

Digital bank Monzo raises £340B amid UK push to remain fintech leader

Posted on March 6, 2024 by admin

Amid tough market conditions, digital bank Monzo has raised £340bn (€409mn) in new funding, reaching a post-money valuation of £4bn (€4.7bn). The round was led by new investor CapitalG, the growth fund…

Nobel winner behind graphene hails new ‘wonder materials’ for smart contact lenses

Posted on March 6, 2024 by admin

A Nobel Laureate who co-created graphene has made another discovery that could turbocharge numerous futuristic applications, from smart contact lenses to rapid disease detection. Konstantin Novoselov, who won the 2010 Nobel Prize for…

Why US-based VCs are investing big in European climate tech

Posted on March 6, 2024 by admin

In the last decade, the US established itself as a leader in funding climate tech ventures, with Europe trailing. Known for their willingness to embrace risk and invest heavily, US investors stand…

TNW Podcast: The tech that makes us walk

Posted on March 6, 2024 by admin

Welcome to the new episode of the TNW Podcast — the show where we discuss the latest developments in the European technology ecosystem and feature interviews with some of the most interesting…

UK startup launches AI satellite to provide near real-time images of Earth

Posted on March 6, 2024 by admin

UK-based space tech startup Open Cosmos has successfully launched a new AI-powered satellite that can provide near real-time views of Earth.  The satellite, HAMMER — short for Hyperspectral AI for Marine Monitoring…

Ammonia production is filthy. This ‘nitrolyzer’ could clean it up

Posted on March 6, 2024 by admin

Ammonia is perhaps best known as a household cleaner or the chemical that makes your pee smell. Few might realise, however, that half of the world’s food production relies on ammonia-based fertilisers…

Startup behind ‘central nervous system’ for hotels becomes latest Dutch unicorn

Posted on March 5, 2024 by admin

Amsterdam-based Mews, a cloud-based property management system (PMS) for the hospitality industry, has become the latest Dutch unicorn. In a fresh funding round, the startup — which is also a TNW community member…

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