Netherlands’ LUMO Labs launches €100M fund for European impact startups


Dutch venture capital fund manager LUMO Labs is launching a new €100mn fund for Europe’s impact-driven tech startups. Building on LUMO Lab’s existing investment strategy, the new Rise Fund will target startups that develop emerging technologies which align wit

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Europe’s Ariane 6 ready for launch: Here’s how the rocket will reach orbit


Europe is set to regain independent access to space tomorrow, July 9, when the long-awaited Ariane 6 rocket lifts off for the first time. The heavy-lift satellite launcher — commissioned by the Europe

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ITER troubles expose need for fusion between startups and governments


ITER, set to be the world’s largest experimental fusion reactor, has been delayed yet again. The €25bn megaproject will only switch on in 2034, and start producing energy in 2039. That’s almost a decade later than originally planned.  Thir

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This tiny autonomous sailboat is charting a new course for marine science


Amar Shar, the co-founder of British AI unicorn Wayve, has backed Oshen, a budding startup building miniature autonomous sailboats. The little robots could transform the way scientists monitor everything from ocean temperatures and waves to biodiv

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AI transformation: Here’s what it actually means for a company


Remember when during the 2017 crypto-craze a beverage company renamed itself  “Long Blockchain” and saw its stock price quintuple?  Today, much like back then, you’d be hard pressed to find a company that isn’t shouting from the rooftops about ado

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Why the EU is imposing maximum tariffs of 36.7% on Chinese EVs


The EU today confirmed huge new tariffs for EVs imported from China. From Friday, provisional charges of between 17.4% and 37.6% will be imposed on the vehicles. The lowest level will apply to BYD, an automaker based in Shenzhen. Geely, which owns Volvo, Pol

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World’s largest fusion reactor hit by more delays and spiralling costs


ITER — which is set to become the world’s biggest fusion reactor, and one of history’s most expensive science experiments — has reached a key milestone on its mission to create a mini Sun on Earth. But despite the apparent progress, the megaproject has a

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Space laser project promises to boost EU sovereignty in the cosmos


A new EU project plans to expand adventures in the cosmos with a suitably space-age technology: lasers. The INPHOMIR initiative is developing the lasers to enhance spacecraft sensors. By emitting tiny pulses of light, the devices could improve the precision of satell

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Cowboy launches ebike game that lets you race other riders — in the real world


Cowboy has made the ebike industry’s first foray into gaming.  The Belgian ebike maker has launched three games — Race, Burn, and Push — that allow you to battle it out with other riders on a range of real-life challenges.    In Race, you compete again

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UK leads Europe for GenAI patents but Germany is catching up, UN report reveals


The UK leads Europe for generative AI patent filings — but Germany is closing the gap. That’s according to new data from the World Intellectual Property Organisation (WIPO), a UN agency that tracks patents. WIPO today released a report on 54,000 GenAI in

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