€19bn Visma picks London for tech IPO in rare win for UK stock market

Jun26
by on June 26, 2025 at 3:05 pm
Posted In: Uncategorized


Norwegian software firm Visma has provisionally picked London for its IPO next year. It could mark a rare win for the UK’s troubled stock market — if Downing Street pulls through on its promised reforms.  British private equity firm Hg acquired a 70% stake in Visma in 2006 at a £380mn (€445mn) valuation. The company, which makes accounting, payroll, and HR software products, is now worth an estimated €19bn.  Visma previously considered listing in Amsterdam but has since turned its sights to the British capital, according to the Financial Times.  Its IPO would run counter to the recent trend of…

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Isar Aerospace raises €150mn to strengthen Europe’s launch capabilities

Jun25
by on June 25, 2025 at 1:43 pm
Posted In: Uncategorized


Europe’s best-funded space tech firm, Isar Aerospace, plans to strengthen the continent’s access to orbital satellites after raising €150mn to expand its launch service. Daniel Metzler, Isar’s CEO and co-founder, said the investment reflects “strong confidence” in the company’s mission to become a new European space leader. “We are catering to the rising global demand for satellite launch services and provide global markets and governments with independent and flexible access to space,” he said.  Founded in 2018 as a spin-off from Technical University Munich, Isar aims to lower the cost and complexity of launching small to medium-sized satellites by offering…

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European startup’s space capsule ‘lost’ after reentry

Jun24
by on June 24, 2025 at 4:20 pm
Posted In: Uncategorized


Communication with a privately funded European space capsule was lost Tuesday shortly after the spacecraft reentered Earth’s atmosphere.  The capsule launched on a SpaceX rocket from Vandenberg Space Force Base in California on Monday. The Exploration Company, which built the spacecraft, described the mission as a “partial success” and a “partial failure.” “The capsule was launched successfully, powered the payloads nominally in orbit, stabilised itself after separation with the launcher, re-entered and re-established communication after blackout,” the Munich-based startup said in a LinkedIn post today.  “But it encountered an issue afterwards, based on our current best knowledge, and we lost…

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‘Space umbrella’ returns first striking images of Earth’s forests

Jun23
by on June 23, 2025 at 10:26 am
Posted In: Space


A giant umbrella-like satellite fitted with European tech has revealed its first images of Earth’s surface. The probe, called “Biomass,” was built by a host of aerospace giants and startups for the European Space Agency (ESA). It launched in April on a Vega-C rocket from Europe’s spaceport in Kourou, French Guiana. European Astrotech, a UK-based startup, was responsible for fuelling the satellite ahead of takeoff. Biomass’ mission is to capture the most detailed measurements of forest carbon ever recorded from space. To get the job done, it’s been equipped with the first-ever P-band radar to enter orbit. It aims to…

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Dutch tech leaders: Europe won’t lead in AI hardware, but can in AI apps

Jun20
by on June 20, 2025 at 11:38 am
Posted In: Uncategorized


The race to dominate AI infrastructure has left Europe trailing the US — but the continent still has a shot at global leadership in AI apps. That was the verdict of Dutch tech leaders at the Assembly, the invite-only policy track of TNW Conference in Amsterdam. While Silicon Valley controls the scaffolding for AI, they urged Europe to focus on building apps on top. Leading the call was Jeroen van Glabbeek, CEO and founder of CM.com, a customer engagement platform with a market cap of around €217mn and annual revenues of €274mn in 2024. Van Glabbeek believes the US advantage in…

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