Swedish digital pet care startup raises €20M to expand in US


Swedish pet telehealth startup FirstVet has secured €20mn to grow its operations and expand its remote veterinary care services in North America. The platform offers immediate video consultations and wants to be “the first natural point of

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Swiss SkyCell bags $116M to optimise pharma transport with smart cold chain containers


SkyCell, based in Switzerland, has closed $116M in a Series D round for its technological solution that improves the pharmaceutical supply chain for air travel. Founded in 2013, the startup manufactures temperature-controlled containers, using proprietary col

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Stable Diffusion to live on: Stability AI confirms rescue deal and new CEO


While Stability AI’s latest image-generating model, Stable Diffusion 3, may have been a success, things behind the scenes at the company have been slightly more turbulent. However, with today’s funding announcement, it seems the immediate fin

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Lab-as-a-service for biotech startups opens in Basel, Switzerland


It is notoriously difficult for startups in life sciences and biotechnology to get investments for lab facilities and equipment to be able spin out from universities.  To that effect, Superlab Suisse operates facilities wher

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Meta’s new accelerator for European AI startups could be a blessing or a curse


Amid tense relations between big tech and the EU, Meta has announced its second AI startup accelerator in Europe. The accelerator targets startups that want to integrate open-source foundation models (such as Llama and Mistral 7B) into their products. To deli

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Neustark secures $69M to lock carbon in concrete for 100,000 years


Swiss startup Neustark has raised $69mn to take its carbon capture technology global. BlackRock, the world’s largest asset manager, and Singaporean investment firm Temasek led the funding round. Neustark captures was

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Why business leaders are flying blind on AI skills — and what to do about it


Business leaders continue to panic around a perceived lack of AI skills. According to Salesforce data, only one-in-10 global workers have so-called “in-demand AI skills.” This concern is reflected among senior management, with Deloitte find

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Why Zig has become the highest-paying programming language


Move over Clojure, there’s a new kid on the block; Zig has emerged as the best-paying programming language for developers in 2024. That’s according to the latest Stack Overflow survey. The poll, which included 89,184 software developers across 185 countries, fo

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Rocket debris falls on village following France-China satellite launch


France and China blasted a new satellite into space on Saturday, in an increasingly rare example of cooperation between a Western power and the world’s second largest economy.  The Space Variable Objects Monitor (SVOM) launched atop a Long

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Apple hit hard by EU rules: AI suite on pause, App Store violations


It’s been a tough few days for Apple in the EU. On Friday, the company announced it would delay the roll-out of its much anticipated AI suite due to regulatory issues. Today, the European Commission warned the tech giant that its App Store is in violation of

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