Dutch startup lands €4.75M for unique appoach to photonic chip-making

40% off TNW Conference! Thats exactly where Photon has found an attractive market opportunity. The commercial value lies in Photons secret sauce. The venture arm ofPhotonDelta, a photonics industry body based in Eindhoven, was the fourth and final investor. Story bySion Geschwindt Sion is a freelance science and technology reporter, specialising in climate and energy. Also tagged with

January 13, 2025 · 1 min · 58 words · Timothy Powell

Space-based wildlife tracker ICARUS gets new wings after split with Russia

The devicereceiveddatafrom tagged animals across the planet and beamed it to a ground station in Moscow. From there, it went to an open-source database called Movebank. The data could even warn us of volcanic eruptions or protect us from diseases. That was until Russia invaded Ukraine in March 2022. After that, the West severedmost of its bilateral research with Moscow. ICARUS was shot from the sky. It’s free, every week, in your inbox....

January 13, 2025 · 1 min · 138 words · Marvin Prince

TNW boosts startup mission with new role for ecosystems leader Yeni Joseph

TNW has strengthened its support for European tech by adding ecosystems expert Yeni Joseph to the management team. Yeni has also started a new role as Head of Ecosystem Strategy and Partnerships. The appointment brings extensive expertise to TNWs leadership and fresh ideas. TNW has a long-standing track record of catalysing innovation, says Yeni. We now want to focus on going from legacy to measurable impact. Yenis work willshape TNWs influence within the world of tech....

January 10, 2025 · 2 min · 294 words · Patricia Hunt

UK forges new radiation-resistant steel in step forward for fusion energy startups

Fusion reactors superheat hydrogen atoms to extremely high temperatures, forming a charged gas called plasma. It’s free, every week, in your inbox. Giant magnets suspend this plasma in mid-air keeping it away from direct contact with the metal walls. The walls are also cooled to stop them from overheating. Nevertheless, no ordinary steel is up to the task. The biggest problem isnt the heat, its neutron damage, said Ramsey. Neutron radiation can quickly degrade the inner walls of a nuclear reactor....

January 10, 2025 · 1 min · 116 words · Elizabeth Harris

Verdiva launches with $410M for weight loss drugs to challenge Ozempic, Wegovy

Its one of Europes largest-ever biotech VC deals, signalling investor appetite for theboomingweight loss market. The company promises to offer less invasive pills, instead of injectables. Its most advanced product is an oral-based GLP-1, a drug that curbs hunger. The fledgling company is not developing its therapies from scratch. It has acquired the rights to a suite of weight loss drugs from Chinese firm Sciwind Biosciences. Global spending on these drugssurpassed$30bn for the first time in 2024....

January 10, 2025 · 1 min · 211 words · Kristin Reyes

7 of the coolest Dutch tech startups at CES 2025

Fifty of the fastest-growing tech firms in the Netherlands are in Las Vegas this week. The crew crossed the Atlantic to attend CES the worlds biggest tech show. By their side is economic affairs minister Dirk Beljaarts, whos on a mission to promote Dutch innovation. Weve partnered with the Consumer Trade Association which organises CES on its annualMatch programat the event. The in-person meetings connectstartupswith investors and corporate venture arms....

January 9, 2025 · 2 min · 402 words · Daniel Roberts

Irish scaleup XOcean bags $115M to expand autonomous ocean vessel fleet

XOcean has secured $115mn to expand its fleet of uncrewed surface vessels. This data is especially helpful for ocean research. Its also of great value to companies in offshore wind, oil and gas, and carbon capture. The other key investors wereMorgan Stanleys 1GT fund and an affiliate of the Crown Familys CC Industries. XOcean also raised $30mn back in June, bringing its total funding to date to $180mn. Although it has not publicly disclosed its valuation,Dealroomputs it north of $500mn....

January 9, 2025 · 1 min · 157 words · Larry Reilly

Netherlands strikes deal with Nvidia for AI supercomputing hub

This brings the construction of a Dutch AI facility a lot closer. The ministry didnt provide a timeline or specific details for the AI facility. Nvidia declined our request for comment. 40% off TNW Conference! In January last year, the government ringfenced over200mnto boost local investment in the technology. To execute its plans, the Netherlands is going to need more computing power to train AI machines. Aside from Nvidia,Beljaarts is also meeting with chipmaker AMD....

January 9, 2025 · 1 min · 94 words · Brandon George

Looking for a new job? How about becoming an EV teledriver?

Vay firstlaunchedthe service last year, with just twoKia eNiros. Its fleet has since grown to 30 EVs, which have completed 6000 rides so far. You then get behind the empty drivers seat and set off toward your destination. The teledriver regains control and drives on to the next client. 40% off TNW Conference! This operator could technically be sitting on the other side of the world. Most will be nearby at one of Vays teledriving centres....

January 8, 2025 · 2 min · 220 words · Jon Harris

Circular seeks redemption with new smart ring that could outshine Oura

French upstart Circular has unveiled a fresh challenge to Oura the current lord of the smart rings. The rings sensors have been given a complete overhaul, resulting in more accurate readings, the company said. 40% off TNW Conference! As a result, Circular goes on to call its new ring a discreet heart health companion. This isnt just a wearable, said Amaury Kosman, Circulars co-founder and CEO. Its a statement piece that empowers our users to take control of their wellness without compromising on style....

January 7, 2025 · 1 min · 135 words · Michael Harvey

How can Dutch battery startups win big? Focus on supply chain ‘pinch points,’ says CEO

But building big and building fast isnt the only way to cash in on the battery boom. It’s free, every week, in your inbox. ASML epitomises this strategy. The Netherlands-based firm is thesole producer of the advanced photolithography machines used by all the worlds biggest chipmakers. Without ASMLs machines, the entire chip supply chain would falter. LionVolt spun out from TNOs Holst Centre in Eindhoven, the Netherlands in 2020. LionVolts anodes can be dropped into the manufacturing processes of existing gigafactories reducing risk and lowering capital requirements....

January 7, 2025 · 1 min · 136 words · Jody King

Inside the AI startup refining Hollywood — one f-bomb at a time

Hollywood is infamous for celebrity excess, but Tinseltown strictly controls one scandalous indulgence: swearing. Director Scott Mann encountered these constraints after shooting the thrillerFall. But the studio had big problems. Thirty-six of them, to be precise. They said it had too many f*cks, Mann tells TNW on a video call from LA. It’s free, every week, in your inbox. Easier said than done. Reshoots would cost a bomb and post-production magic couldnt scrub the dirty words....

January 7, 2025 · 5 min · 1023 words · Gregory Gill

Swave, the startup building true holographic smart glasses, bags €27M

Nope, not a real hologram folks. Holography is a burgeoning field, and there are a few companies that have plans to commercialise the technology. One of them is Swave. It’s free, every week, in your inbox. Swave spun out from Belgiums Imec, one of the worlds foremost research facilities on nanoelectronics, in 2022. The fresh capital follows a 10mn seed round in 2023, bringing the startups total raised to 37mn....

January 6, 2025 · 1 min · 182 words · Wesley Cox