Icelandic VC closes $87M fund as country’s startup scene comes of age


Amid increasing interest in Iceland’s tech ecosystem, Reykjavik-based Frumtak Ventures has closed a $87M fund aimed at local startups. This is the venture capital firm’s fourth fund, following a €57mn predecessor in 2021. While sector-agno

6mo | The Next Web
Air taxis cleared for Paris Olympics, Macron offered seat on first flight


Air taxis have been cleared for takeoff during the Paris Olympics — and President Macron has been offered a seat on the first flight. German startup Volocopter will deliver the flying taxis. A barge on the River Seine will provide a tiny airport for the vehicles

6mo | The Next Web
Ariane 6 has lift off! Historic rocket launches Europe back into space


Finally, Europe has regained independent access to space. The continent reestablished a sovereign launch capacity on Tuesday with the maiden flight of the Ariane 6 rocket. Built to take satellites into orbit, Ariane 6 lifted off from the European Spaceport in

6mo | The Next Web
Meta and Vodafone collaborate to boost short-form video quality across Europe


In a collab between big tech and telcos, Meta and Vodafone today announced the roll-out of network optimisation across 11 different markets in Europe to free up capacity and boost video quality.  It is no secret that video content has exploded on t

6mo | The Next Web
Belgian startup to build LLM that detects hate speech in all EU languages


Belgian startup Textgrain is building the world’s first AI model that will be capable of detecting hate speech online in all 24 official EU languages. Founded in 2016, Textgrain is a spinoff from the University of Antwerp. The company develops AI-based data manage

6mo | The Next Web
NATO-backed Project HEIST to protect subsea internet by diverting it to space


To protect critical underwater infrastructure from potential attacks or natural disasters, NATO is backing a project that aims to reroute internet from subsea cables to satellites in space. The Alliance will reportedly support the project with a grant of €400mn

6mo | The Next Web
TNW Conference 2024 sparks call for collaboration across European tech


TNW Conference 2024 showed us plenty of pathways the future of tech may take. As I mull over this year’s event, there are several lessons that stand out for Europe’s tech community while it seeks to navigate current challenges and opportunities. Tech grow

6mo | The Next Web
Munich startup planqc secures €50M for ‘Made in Germany’ quantum computers


German quantum computing startup planqc yesterday announced a Series A raise of

6mo | The Next Web
How data drove McLaren’s race car to the fastest pit stop in F1 history


In Formula One, races are often won by slimmer margins than the naked eye can see. A tiny twist of a steering wheel, a twitchy step on a pedal, a fleeting lapse of concentration: any moment can determine success or failure. Frequently, these moments arrive when

6mo | The Next Web
Apple director backs Swift to replace C++ as choice programming language


When it comes to programming languages, it’s often the newest that garner the most attention. But according to Ted Kremenek, Apple director of languages and runtimes, programmers should be shaking off programming stalwart C++ in favour of Swift. “Swift’s safety

6mo | The Next Web

Search