French startup Poolside nears $3B valuation for AI that can write code


Paris-based AI startup Poolside is in discussions to raise nearly $500mn at a $3bn valuation, Bloomberg reports.   Poolside is developing a ChatGPT-like large language model (LLM) that writes software code — but the business plan remains hus

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Is AI killing fantasy football? To find out, I let it manage my team


Every week, millions of adults pretend that they’re football managers. I am one of them. We live out our dreams in the Fantasy Premier League (FPL), an online game that’s become a global phenomenon.  With a budget of 100 million (digital) pounds, we build virtu

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In pictures: Heart Aerospace unveils 30-seater electric aircraft prototype


Swedish startup Heart Aerospace has unveiled its first full-scale demonstrator hybrid-electric aircraft as it targets commercial flight by the end of 2029, a year later than previously planned.  Heart revealed the prototype,

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German startup secures $62M for ‘carbon negative’ biogas power plants


German startup Reverion has secured $62mn as it looks to scale a mini power plant that can generate clean energy, capture CO2, and make hydrogen all in one shipping container-sized unit.  “Reverion’s technology works very efficiently in both ways — you ca

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Ukrainian startup plans to defend companies from disinformation with AI


A Ukrainian startup forged by war is bringing counter-disinformation to the business world. Osavul was founded in 2022 to fight Russian propaganda. To analyse the threats, the company applied AI analytics to the information landscape

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25 startups enter UK late-stage accelerator on the journey to IPO


Tech Nation has announced the 25 startups that will participate in the second cohort of this year’s Future Fifty programme — the UK’s only accelerator that focuses on late-stage companies. Future Fifty supports startups from the Series B to the IPO stage and b

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4 startup pitch battles not to miss this October


What’s the best way to attract attention for your startup from a room full of investors, journalists, potential partners, customers, and talent all in one go? For early-stage startups, entering pitch battle competitions is a cost and time-effective way to get in front o

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This Swedish startup wants to pay the flight tracking community using blockchain


One of the most popular pastimes you may or may not have heard about is flight tracking.  For instance, in September 2022, the Royal Air Force Boeing C-17A Globemaster III carrying Queen Elizabeth II’s coffin from Edinburgh to an RAF base outside of Londo

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Rotterdam startup aims to improve laparoscopy with turbine tech


Spatium Medical, a spinoff from the Erasmus Medical Center in Rotterdam, has raised €5mn to improve laparoscopy with its smart insufflation device. Insufflation refers to the process of introducing gas, typically CO2, into the abdomen, in order to “inflate” it

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TNW Podcast: The finances of OnlyFans, quantum accelerators, WeTransfer cuts


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 people in the industry. In today’s episode, Linne

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