Startup Genome: 2022 was tough — but a recession is a great time to invest in tech

Jun15
by on June 15, 2023 at 10:00 am
Posted In: Uncategorized


The tech sector is experiencing an unprecedented slowdown, but analysts see immense opportunities for startups that survive the downturn. Across the world, VC funding in 2022 plummeted by 35% from the previous year, according to a new study from Startup Genome and the Global Entrepreneurship Network (GEN). The Global Startup Ecosystem Report 2023 (GSER 2023) also observed slowdowns in deal counts, exits, and unicorns. But a deeper dive unearths grounds for optimism. After a year of heavy market losses, inflation is now slowing and economic growth appears to be holding up. The headwinds remain challenging, but the GSER 2023 notes that…

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Mistral AI secures €105M in Europe’s largest-ever seed round

Jun14
by on June 14, 2023 at 9:55 am
Posted In: artificial intelligence


The artificial intelligence hype shows no sign of fading just yet, and investors are practically falling over themselves to fund the next big thing in AI. Yesterday, Paris-based startup Mistral AI announced it had secured €105mn in what is reportedly Europe’s largest-ever seed round.  Mistral AI was founded only four weeks ago, by a trio of AI researchers. Arthur Mensch, the company’s CEO, was formerly employed by Google’s DeepMind. His co-founders, Timothée Lacroix (CTO) and Guillaume Lample (Chief Science Officer), previously worked for Meta.  The company has yet to develop its first product. However, on a mission to “make AI…

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How to fulfil your creative potential: An unmissable talk at TNW Conference

Jun14
by on June 14, 2023 at 7:00 am
Posted In: Future of Work


Holly Blondin will be speaking at TNW Conference, which takes place on June 15 & 16 in Amsterdam. If you want to experience the event (and say hi to our editorial team!), we’ve got something special for our loyal readers. Use the promo code READ-TNW-25 and get a 25% discount on your business pass for TNW Conference. See you in Amsterdam! Few are the blessed people in the world who are entirely immune to procrastination. Whether from lack of motivation, fear of failure, succumbing to distractions and temptations, or an overestimation of future productivity, habitual or “chronic” procrastinators make up approximately 20% of…

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Ford opens next-gen EV factory in Germany

Jun13
by on June 13, 2023 at 1:06 pm
Posted In: Uncategorized


This week, Ford opened its new EV production facility in Cologne. The move is part of the American automaker’s push to make its entire European passenger vehicle lineup all-electric by 2030.  Originally opened back in 1930, Ford has spent the past two years — and $2bn — redeveloping the facility into a solely EV manufacturing centre.   The Cologne Electric Vehicle Centre will produce Ford’s next-gen EVs, the first of which will be the electric Explorer, followed by a yet-to-be-named sports crossover.  The plant is expected to churn out over 250,000 vehicles per year, a big chunk of Ford’s target to…

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8 unmissable highlights of TNW Conference 2023: Day 1

Jun12
by on June 12, 2023 at 12:03 pm
Posted In: Uncategorized


Drumroll, please! The moment we’ve been waiting for has finally arrived: TNW Conference 2023 is taking place this week, on June 15 & 16 — and you’re all invited. This year we’re not only going to discover what’s next in tech, but also reclaim the future and join forces to explore how technology can help us build a more sustainable, equitable, and inclusive world. At TNW Conference, technology is the beating heart of what we do. As usual, we’re bringing together the whole tech ecosystem: from startups and investors, to industry leaders, C-level executives, and policymakers. Across the two days,…

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