Dutch startup picked for $100M wind-powered carbon capture plant in Texas

This carbon will be permanently stored underground, on site. The facility is set to enter operation in 2028, a Skytree representative told TNW via email. They will generate revenue from the plant by selling carbon credits to companies looking to offset their emissions. 40% off TNW Conference! Project Concho will deploy dozens of these units in unison, to make one single hub. The developers plan to power the hub using an onsite wind farm, built by Spanish energy firm Greenalia....

November 21, 2024 · 1 min · 163 words · Elizabeth Hall

UK hospitality startup Lighthouse enters unicorn club with $370M raise

The funding will supercharge the companys ambitions to shake up the $15bn travel tech market. Whats on the to-do list? This data helps businesses understand the market, predict trends, and make decisions to increase bookings and revenue. 40% off TNW Conference! I couldnt be more energized by what were working towards. Gino Engels and Matthias Geeroms founded Lighthouse in 2012. Now, it has raised one of the largest rounds for any startup based in the British capital....

November 21, 2024 · 1 min · 121 words · Rachael Rhodes

Tokamak Energy secures $125M to commercialise fusion power

This makes it Europes most well-funded private fusion energy venture. Tokamak Energy said the fresh capital will help bolster its commercialisation plans. The company aims to have its first fusion power plant up and running somewhere in the 2030s. However, the funds will also go toward growing Tokamaks side hustle, TE Magnetics. It’s free, every week, in your inbox. This is generally regarded as the temperature threshold whereby fusion reactions can become self-sustaining....

November 20, 2024 · 1 min · 105 words · Colleen Rodriguez

UK startup launches ‘world’s first’ AI deepfake-detecting browser

The London-based cybersecurity upstart uses military-grade neural web connection technology to detect deepfakes. To maximise its effectiveness, we focused on accuracy and speed, said Ziv Yankowitz, Surf Securitys CTO. The tools neural web connection is trained using deepfakes createdby the top AI voice cloning platforms, he said. The system has an integrated background noise reduction feature to clear up audio before processing. It can spot a deepfake audio in less than 2 seconds, said Yankowitz....

November 20, 2024 · 1 min · 166 words · Brian Hudson

Nanoprinter turns Meta’s AI predictions into potentially game-changing materials

For the past few months,Metahas been sending recipes to a Dutch scaleup called VSParticle (VSP). VSP has so far taken 525 of these recipes and synthesised them into nanomaterials called electrocatalysts. Metas algorithms predicted these electrocatalysts would be ideal for breaking down CO2 into useful products like methane or ethanol. It’s free, every week, in your inbox. Larry Zitnick, Research Director at Meta AI, said the research is breaking new ground in material discovery....

November 19, 2024 · 1 min · 204 words · Angela Jones

Rocket plane blasts through sound barrier on route to hypersonic flight

Dawnsaid this marks the first time a civil aircraft has flown supersonic since Concorde. 40% off TNW Conference! Dawns lean approach to tech development stands out in an industry dominated by billionaire-funded startups and deep-pocketed governments. Nevertheless, its looking to do something quite remarkable given its limited cash runway. Story bySion Geschwindt Sion is a freelance science and technology reporter, specialising in climate and energy.

November 19, 2024 · 1 min · 65 words · Mr. Michael Murray Jr.

UK startup taps last-mile delivery algorithms to bring a nurse to you

Two years ago, the minds behind Testing for All a Covid-era at-home testing service launched a new startup. The London-based venture is called Heim Health. It works with the private sector and the NHS to match patients with the best practitioners in their area. Less time wasted in traffic means more patients seen per shift. And Heim even ensures any necessary equipment shows up before your nurse does. 40% off TNW Conference!...

November 19, 2024 · 1 min · 163 words · Troy Smith

AI startup Gendo — the Midjourney for architecture — secures fresh capital

London-basedstartupGendo has secured5.1mn amid booming demand for its generativeAIsoftware built for architects. British architectural designer George Proud and software engineer Will Jones founded Gendo in 2022. The platform transforms simple inputs like sketches, 2D drawings, or text descriptions into hypereal building designs. It works a bit like Midjourney or DALL-E, except its built by architects for architects. The model produces more life-like results than more general AI algorithms. Whats more, Gendo claims it can generate detailed visualisations 100 times faster than conventional software....

November 15, 2024 · 1 min · 208 words · Patty Farmer

DeepL takes on ‘next frontier’ in AI translation with DeepL Voice

Germantechdarling DeepL has (finally) launched a voice-to-text service. Its called DeepL Voice, and it turns audio from live or video conversations into translated text. 40% off TNW Conference! It then displays your conversation so each person can follow translations easily on one machine. you might also integrate DeepL Voice into Microsoft Teams and video-conference across language barriers. The translated text appears on a sidebar as captions. Quality will likely be DeepL Voices differentiating factor from the countless other providers of voice-to-text translations....

November 14, 2024 · 1 min · 152 words · Paul Harris

Founderful raises $140M fund as Switzerland vies for Europe’s tech top spot

First announced back in February, the fund has already invested in 15 early-stage startups. The founder-led VC exclusively backs Swiss startups at the pre-seed or seed stage. To transform budding Swiss ventures into global industry leaders. 40% off TNW Conference! This was no easy win, but we fought hard. Silicon alps? Stockl called theSwiss tech ecosystem a powerhouse thats only just starting to claim its place on the global stage....

November 14, 2024 · 1 min · 116 words · Robert Lopez

US firm Realwear acquires Swiss startup Almer amid XR market consolidation

American wearables firm Realwear has acquired Swiss augmented reality (AR)startupAlmer Technologies. The glasses are targeted specifically at industrial companies lookingto help their staff maintain and repair equipment and machinery remotely. The company has raised $8mn in funding so far. Its clients include Coca-Cola, Ford, and Samsung. 40% off TNW Conference! For Almer, the deal bolsters the budding companysambitionsto scale at pace and expand beyond Europe. The firm was an early back of Almer....

November 14, 2024 · 1 min · 190 words · Willie Warner

Dutch startup Sympower secures €21M to balance out the energy grid

Amsterdam-based startup Sympower has secured 21mn as it looks to scale its grid-balancing technology. Sympower partners with businesses that use a large amount of electricity. Grid operators pay Sympower to stabilise the energy supply. The company passes most of that payment to participating businesses, keeping a small service fee. 40% off TNW Conference! The more energy they save, the more money they make. The idea is to help prevent blackouts and the strain on the grid....

November 13, 2024 · 1 min · 172 words · Savannah Alexander

Battery recycling startup Tozero bags €11M to boost Europe’s lithium supply

In 1991, Sony brought the first rechargeable lithium-ion battery to market. The unique chemistry proved a game-changer in energy storage. Today everything from EVs to smartphones depends on it, with demandskyrocketing. Were stuck in a paradox. Munich-based startup Tozero believes that battery recycling offers a way out. 40% off TNW Conference! When the pair first met, they were working in the space industry. Three years later they teamed up to fix a pressing issue here on Earth....

November 12, 2024 · 1 min · 187 words · Kimberly Moody