The COVID-19 pandemic was a veritable gold rush for food delivery startups — as the world shut down, people ordered in. These companies promised rapid delivery of groceries from local stores using bikes and scooters, and as demand skyrocketed, invest
While the UK is being labelled as “closed for business” and Rishi Sunak is playing Unicorn Kingdom in Silicon Valley, the British chip industry risks losing some of its strongest players due to a lack of supportive policies. Based in Cambridge, UK, Pragm
A group of over 23 VCs across Europe and the US have joined forces this week to guide startups and their early-stage investors towards net zero, in an effort to decarbonise the global economy and the venture capital industry. The Venture Climate Alliance (VCA
Barcelona’s food tech startup Heura has unveiled its new patent-pending technology aimed at producing meat substitutes without the lengthy and sometimes off-putting ingredients list. The company says it is the first scalable technology of i
Netflix’s password sharing crackdown has cost it one million users in Spain during the first quarter of 2023, a new study by market research group Kantar has found. This translates to an approximately 15% decrease of its total users. The streaming platform int
The UK’s competition regulator has blocked Microsoft’s $68.7bn acquisition of Activision Blizzard, the maker of world-renowned games including Call of Duty and World of Warcraft. The Competition and Markets Authority (CMA) said it’s concerned that the deal wou
The EU’s latest crackdown on big tech is taking shape. The bloc yesterday released a list of companies that must adhere to the strictest rules of the landmark Digital Services Act (DSA). The 17 platforms and two search engines reach at least 45 million monthl
A startup claims to have launched a world-first AI speech-to-speech translation system. The tool, called Aivia, was developed by Interprefy, a Zurich-based provider of translation services. The firm focuses on interpreting meetings and events — a market being
A Dutch startup has been awarded a contract to install floating solar panels at an offshore wind farm in the North Sea. Oceans of Energy secured the contract from CrossWind, a joint venture between Shell and Eneco. The renewable energy start
The UK will splash an initial £100m in funding to establish a government-industry AI taskforce, dedicated to boosting the country’s sovereignty and competitiveness in the field. The taskforce will develop foundation models — systems that train on large amounts