The tech startups shaking up construction in Europe

Oct15
by on October 15, 2024 at 3:25 pm
Posted In: Uncategorized


From the outside, it looks like a clean, modern social housing block. You can tell it’s new — there are 84 shiny solar panels on the roof and the fresh paint has barely dried on the walls. But it’s how this 56-dwelling building in Barcelona, complete with ground floor nursery, was designed and built that really matters.  “Our software is our superpower,” says Lucas Carné, co-founder of 011h, a construction tech firm, as he describes how his company has designed digital tools to help architects plan buildings like this one. “We use a lot of prefab,” he adds. “That reduces…

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German startup OroraTech raises €25M to scale wildfire early warning system

Oct15
by on October 15, 2024 at 12:01 am
Posted In: Uncategorized


Munich-based startup OroraTech has secured €25mn in funding to scale up its AI-powered wildfire detection system.  Korys, the investment arm of the Colruyt’s — a Belgian noble family — led the funding round. The EU’s Circular Bioeconomy Fund (ECBF) also chipped in, alongside existing investor Bayern Kapital.  OroraTech will use the fresh funding to fuel the next phase of its growth. The company looks to expand into global markets beyond Europe, and keep refining its technology. OroraTech’s so-called Wildfire Solution collates imagery from its own probes, as well as over 20 other Earth observation satellites. The startup has trained an…

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Ex-Darktrace boss Poppy Gustafsson named UK investment minister

Oct11
by on October 11, 2024 at 2:59 pm
Posted In: Uncategorized


Poppy Gustafsson, the co-founder and former CEO of UK cybersecurity darling Darktrace, has been named Britain’s new minister of investment as the new Labour government looks to win favour with big business. Gustafsson will head up the revamped Office for Investment as part of a wider “Whitehall shake-up” designed to bring more money to British shores, the government said. The appointment no doubt comes as a relief for Prime Minister Keir Starmer, who struggled for months to fill the role. It also comes just days before the government’s international business summit on Monday, where Starmer will look to pitch the…

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EU backs Dutch scaleup Lumicks to fast-track discovery of cancer treatments

Oct11
by on October 11, 2024 at 11:36 am
Posted In: Uncategorized


Amsterdam-based scaleup Lumicks has secured €20mn from the European Investment Bank (EIB) to accelerate the discovery of immunotherapy drugs for cancer.  The venture debt funding will help Lumicks further develop and market its cell avidity analyser, a machine with the potential to transform the way researchers study and develop treatments for Europe’s second most deadly disease.  Lumicks’ tech allows scientists to gather real-time data on the bonds between immune cells and cancer cells. Unlike traditional methods, which rely on indirect biomarkers, the analyser precisely measures the actual strength and duration of those interactions directly and in real time. This is…

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TNW Conference 2025 theme spotlight: AI and Deeptech

Oct10
by on October 10, 2024 at 5:12 pm
Posted In: Insider


Debates about AI are everywhere these days. Families are chatting about its impacts on their lives. Politicians are deliberating over the laws that oversee it. Workers are talking about the risks of job automation. Entrepreneurs are chewing over the business opportunities. And the tech world is discussing what everyone else will be discussing next. Unfortunately, these conversations have also attracted countless scoundrels. They join the chat with wild promises and heavy doses of AI snake oil. But behind their breathless hype, remarkable innovations are emerging. Don’t believe me? Well, just take a look at this week’s Nobel Prize winners.  On…

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