Exclusive: Swiss startup picks Rotterdam for green aviation fuel plant

May16
by on May 16, 2025 at 7:00 am
Posted In: Uncategorized


Swiss tech startup Metafuels has unveiled plans to open its first commercial-scale sustainable aviation fuel (SAF) plant in the Port of Rotterdam.  Metafuels’ CEO Saurabh Kapoor told TNW that Turbe represents a “major step forward” toward ramping up SAF production. The startup also announced plans to build a similar facility in Denmark last year. “Europe has ambitious decarbonisation targets, but without scalable and affordable SAF production, aviation will struggle to keep up,” said Kapoor.  The facility, dubbed Turbe, will be built in collaboration with liquid energy storage provider Evos. Turbe will be integrated into Evos’ existing Rotterdam terminal, which offers…

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Gaming billionaire named UK’s richest person under 40 in tech-heavy wealth list

May16
by on May 16, 2025 at 5:30 am
Posted In: Uncategorized


A Russian-born gaming mogul has been named the UK’s richest person under 40 — in a ranking dominated by tech entrepreneurs. Dmitry Bukhman, 39, built his fortune after founding mobile gaming giant Playrix. His estimated wealth of £12.54bn tops The Sunday Times 40 Under 40 Rich List — and makes up over a third of its £36.2bn combined total. His net worth has nearly doubled since last year. As a child in post-Soviet Russia, Bukman taught himself to code. Alongside his older brother Igor, he built his first game with an old Pentium PC given to them by their grandfather.…

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Bunq CEO warns closed minds are pushing Dutch entrepreneurs away

May15
by on May 15, 2025 at 3:37 pm
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Ali Niknam has built Dutch fintech Bunq into one of Europe’s biggest neobanks. But he fears the Netherlands is now driving entrepreneurs away. The Bunq founder and CEO is alarmed by the country’s business mindset. He believes risk-aversion, growing insularity, and hostility to ambition are pushing talent overseas. “Many of the best entrepreneurs I know have either left or are considering leaving,” Niknam tells TNW. Surveys back him up. A poll last year found that almost one in five Dutch entrepreneurs were considering relocating — up from nearly one in eight in 2023. Another study found that 24% of large…

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Nuclear waste could power Europe for decades. This startup plans to prove it

May15
by on May 15, 2025 at 3:24 pm
Posted In: Uncategorized


Europe has been turning uranium into energy for over half a century. In the process, the continent has amassed vast stockpiles of nuclear waste. This radioactive material can take millions of years to become safe, and no one really knows what to do with it. Thorizon, a Franco-Dutch startup, has an idea: reuse the nuclear waste to generate new energy. The company is developing a small modular molten salt reactor (MSR) that runs on a mix of spent nuclear fuel and thorium, a radioactive metal with untapped potential.  Thorizon aims to begin construction of its first reactor, Thorizon One, within…

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Europe must ‘get real’ on tech sovereignty and stay open, warns industry group

May14
by on May 14, 2025 at 4:32 pm
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As Europe pushes for tech sovereignty, one open-source advocate has a warning: don’t forget global cooperation. Amanda Brock, CEO of industry group OpenUK, told TNW that the EU must “get real” about the trade-offs of going it alone. Brock said tech policymakers must move beyond “tit-for-tat schoolyard politics” and instead “protect global collaboration whilst ensuring the needs of their citizens are met.”   Her comments follow a speech by Eva Maydell in Brussels yesterday, where the Bulgarian lawmaker urged Europe to “sober up” in its quest for tech independence.   “We need to have a very clear outline plan which, first and foremost,…

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