EU gets closer to blockbuster investment into domestic semiconductor chip production

Feb17
by on February 17, 2023 at 2:11 pm
Posted In: Uncategorized


According to EU data, numerous vital tech sectors in the bloc have been suffering from supply shortages in semiconductor chips, mainly as a result of the European dependency on imports from a limited number of companies and countries. To address this issue, the union aims to boost its domestic industry by implementing new legislation. On Wednesday, the European Parliament adopted its position on two proposed draft bills: the Chips Act and the Chips Joint Undertaking. On the Chips Act, MEPs endorsed the text put forward by the Industry Committee and expressed their support of its three main measures: Reinforcing technological…

This story continues at The Next Web

└ Tags: , , , , , ,
 Comment 

These are the next 6 industries that are ripe for tech disruption

Feb17
by on February 17, 2023 at 1:58 pm
Posted In: Insider


When it comes to investing in innovation, certain industries have flourished over others. Those that haven’t are now facing a do or die situation to keep up with the demands of a modern society, the ever-prominent concern around the climate crisis, inflation issues, and an aging population. Looking at the global stats Tracxn collected from 230+ sectors between 2013 and 2023, it’s clear which industries — education, hospitality, agriculture, industrial manufacturing, real estate and construction, and commercial airline — have fallen behind, received less funding and seen less successful startups being founded. Whether it’s been down to high costs, difficulty…

This story continues at The Next Web

└ Tags: , , , , , ,
 Comment 

7 key takeaways about the Dutch tech startup ecosystem you need to know

Feb16
by on February 16, 2023 at 5:43 pm
Posted In: Uncategorized


The Dutch tech startup ecosystem has been steadily flourishing over the past five years, establishing itself as one of Europe’s most vibrant hubs. Yet, there are still hurdles the Netherlands needs to overcome in order to reach its full potential and successfully compete on a global scale. That’s according to the annual State of Dutch Tech report by TechLeap, a non-profit organisation which helps quantify and accelerate the ecosystem in the Netherlands. Here are seven key takeaways from the report you need to know about: The Netherlands houses the EU’s most successful ecosystem In 2022, the Amsterdam-Delta region was the…

This story continues at The Next Web

└ Tags: , , ,
 Comment 

EU launches €3.75 billion fund of funds to help tech startups scale up

Feb15
by on February 15, 2023 at 3:47 pm
Posted In: Uncategorized


Five EU member states and the European Investment Bank (EIB) Group have launched a new fund to support the late-stage growth of promising European tech startups and increase the continent’s competitiveness in innovation. The so-called European Tech Champions Initiative (ETCI) aims to address the issue with inadequate late-stage funding, especially for companies seeking more than €50 million in capital. Boosting European investment “Europe’s tech startups often do not have sufficient capital to compete on a global scale and are pushed to relocate overseas. Closing this scale-up gap could create a large number of highly skilled jobs and boost growth,” the…

This story continues at The Next Web

└ Tags: , , , , , ,
 Comment 

Scientific breakthrough could take us closer to impactful quantum computers

Feb14
by on February 14, 2023 at 2:48 pm
Posted In: Uncategorized


In a world first, scientists from the University of Sussex and Universal Quantum, a spin-off of the university, have demonstrated that quantum bits (qubits) can directly transfer between quantum computer microchips. This breakthrough is expected to overcome a major obstacle in building quantum computers that are large and powerful enough to address the crucial societal challenges they’re envisioned to: from medicine development, to the creation of new materials and climate change solutions. To address these issues, experts estimate that millions of qubits are required — a number currently out of reach, with existing quantum computers operating on the 100-qubit scale.…

This story continues at The Next Web

└ Tags: , , , , , , ,
 Comment