Flink, one of the few rapid grocery delivery startups left operating in Europe, has secured $150mn to grow its business in Germany and the Netherlands. The funding comprises $115 million in equity and $35 million in debt, with backing from both new and existin
Ekaterina Zaharieva has been nominated as the EU’s first ever commissioner for startups, the bloc’s chief Ursula von der Leyen announced today. Zaharieva served as Bulgaria’s deputy prime minister for judicial reform and foreign affairs between 2017 and 2021.
Data centres gobble up roughly 2% of global electricity, which translates to around 1% of energy-related greenhouse gas emissions. Streaming Netflix, storing stuff in the cloud, and meeting up on Zoom are just some of the online a
Lithium-ion batteries are a critical element for our transition away from fossil fuels. It is equally critical to ensure the sustainability of their supply chains for the benefit of society and businesses alike. The mining process of the raw materials necess
Oftentimes, even in the tech world, people equate the term quantum computing to something almost mysterious. But as much as concepts of quantum mechanics such as superposition and entanglement may seem akin to magic, they still happen (in the context of quant
In a first for London, electric drones will soon fly urgent blood samples between Guy’s and St Thoma’s hospitals in the centre of the city. The upcoming flights are part of a joint pilot between the NHS, healthcare logistics startup Apian, and drone manufactur
Back in the early 2000s, Estonia was rapidly modernising, shaking off the remnants of Soviet influence. It was ambitiously transforming itself into a digital society with innovations such as e-government and online voting. And, of course, it gave birth to Sky
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
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
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,