Funding
In other news this week: Egregious secures funding to protect humans from AI, 4Elements…
In our fast-moving world of technology and innovation, it's easy to miss some interesting stories happening around us.
Funding
European Commission invests €3M to develop new chip that will help solve quantum…
On Thursday, The European Commission announced that it is investing €3M to develop the first-ever quantum chip that combines electronics and light using advanced Germanium-Silicon technology.
News
The Hague-based Yabx and SC Ventures invest €9.5M in Furaha to expand access to…
On Friday, SC Ventures, the innovation and investment arm of Standard Chartered, announced that it has teamed up with The Hague-based Yabx Technologies, a company of Tech Mahindra group, to invest in Furaha.
Amsterdam
Amsterdam-based VonWood declared bankrupt: Know more
Amsterdam-based VonWood, a digital trading platform for Wood, has been declared bankrupt by the Amsterdam District Court, earlier this week.
Business
Amsterdam’s QDNL Participations secures €25M first close for new global quantum fund…
On Friday, Amsterdam-based QDNL Participations, a quantum-focused VC firm, announced the first close of its new fund at €25M, targeting €60M for the fund.
News
Leonardo DiCaprio-backed US VC Regeneration.VC takes over management of Sky’s climate…
On Wednesday, Los Angeles-based Regeneration.VC, a VC fund that invests in circular and innovative climate technologies, announced that it has taken over the management of Sky's (previously Sky Ocean Ventures) climate portfolio.
Technology
British cloud software group Aries Global invests in Dutch SaaS scaleup Workspace 365…
On Thursday, Nijkerk, the Netherlands-based Workspace 365, an adaptive digital workspace, announced a strategic partnership with UK-based cloud software group Aries Global.
Business
Swiss-based ZuriQ aims to break quantum computing’s scaling barrier by using this…
On Thursday, Zurich-based ZuriQ, a quantum hardware startup, announced that it has secured $4.2M (approximately €4M) led by Founderful.
Business
Daniel Ek’s Neko Health raises €250M; valuation reportedly hits €1.7B
On Thursday, Stockholm-based Neko Health, a preventative healthcare technology company, announced that it has secured $260M (approximately €250M) in a Series B funding round led by Lightspeed Venture Partners.
Business
Lisbon’s VC AgileGTM announces first close of its new €9.6M fund to back global B2B…
On Thursday, Lisbon-based AgileGTM Blockchain Fund, a pan-European VC investing in pre-seed B2B blockchain startups, announced its first $2M (approximately €1.9M) close of a new $10M (approximately €9.6M) fund.
AI
US President Trump announces $500B Stargate Project in collaboration with OpenAI…
On Tuesday, OpenAI, in partnership with Oracle and SoftBank, announced The Stargate Project, a new company that intends to invest $500B (approximately €480B) over the next four years in building new AI infrastructure for OpenAI in the United States.
News
Leonardo Di Caprio-backed Dutch startup Mosa Meat files first application for EU market…
On Wednesday, Maastricht, The Netherlands-based Mosa Meat, a company specialised in cultured beef, announced that it has filed its first application for market approval under the European Union's Novel Foods Regulation.