A microbial extract from Finnish forests can heal eczema, biotech startup says


Finland’s vast green forests are famously restorative. So restorative that they can even treat diseases. That’s according to Uute Scientific, a biotech firm based in Helsinki. The company has created a unique remedy: a microbial extract that replicates Finnish

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AI translation unicorn DeepL launches New York tech hub to boost US expansion


DeepL, the Cologne-based AI translation unicorn, today launched its first tech hub in the US, in New York City. The move follows the company’s increasing growth and investment in the US market, where it already counts customers such as Coursera and Morningsta

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TNW Podcast: The tech, market, and culture of videogames with Ilkka Paananen, Supercell


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 special episod

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Chip that steers terahertz beams sets stage for ultrafast internet of the future


Imagine a future where internet connections are not only lightning-fast but also remarkably reliable, even in crowded spaces. This vision is rapidly approaching reality, thanks to new research on terahertz communications technologies. These in

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Kylian Mbappe joins growing squad of footballers investing in European tech


Gone are the days of elite footballers buying pubs. Today’s star players prefer to put their money into tech. Kylian Mbappe is one of the new generation’s leaders. The French captain has his own investment company, Coalition Capital, which just bought a stake

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Autoscriber teams up with Microsoft to scale ambient clinical intelligence software


Microsoft has partnered with medical note taking software startup Autoscriber to further scale the latter’s software across the EMEA region. The company’s speech-based AI tool frees up large chunks of doctors’ time and allows t

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Why European startups should consider moving to Dubai


Dubai is a city on the rise. The first nine months of 2023 saw its Gross Domestic Product (GDP) increase by 3.3%, while in the same period, its information and communications sector shot up by 4.4%. Alongside its prolonged economic success, the

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Northvolt suspected of manslaughter in latest blow to flailing battery startup


Swedish prosecutors are set to serve Northvolt with a suspicion of gross manslaughter notice following the death of a worker at the EV battery-maker’s struggling gigafactory in the country’s icy North, the Financial Times reports.  Environmental prosecutor C

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Big wave surfer emerges from the barrel with $120M fund for regenerative agriculture


What do the Rothschilds, big wave surfing, and cows have in common? A Portuguese man by the name of Francisco Roque de Pinho, of course. Francisco used to be a banker at Rothschild, the most famous of European banking dynasties. For the past eight y

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Dutch hotel tech unicorn Mews bags $100M to fuel acquisition spree


Amsterdam-based scaleup Mews has bagged $100mn in credit financing as it looks to swallow up competitors and become a market leader in SaaS software for the hospitality industry. Vista Credit Partners, the credit-investing arm of tech-focused private equity firm Vi

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