Science is breeding a new generation of booming deeptech startups in Estonia

Sep15
by on September 15, 2024 at 7:00 am
Posted In: Uncategorized


Back in the early 2000s, Estonia was rapidly modernising, shaking off the remnants of Soviet influence. It was ambitiously transforming itself into a digital society with innovations such as e-government and online voting.  And, of course, it gave birth to Skype, the company that would launch the small Baltic nation’s journey towards becoming a startup powerhouse and a “unicorn country.” Since then, Estonia has established itself as a leader in breeding high-profile software companies, such as Bolt and Wise. Now, it’s aiming to become a deeptech hub, accelerating the development of research- and science-based entrepreneurship. Deeptech in Estonia is still…

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In pictures: Heart Aerospace unveils 30-seater electric aircraft prototype

Sep13
by on September 13, 2024 at 2:49 pm
Posted In: Insider


Swedish startup Heart Aerospace has unveiled its first full-scale demonstrator hybrid-electric aircraft as it targets commercial flight by the end of 2029, a year later than previously planned.  Heart revealed the prototype, dubbed HX-1, at its hangar in Gothenburg yesterday, which we toured earlier this year.   The HX-1 prototype outside Heart’s hangar in Gothenburg, Sweden. Credit: Heart Aerospace The company will initially use the aircraft for ground-based testing, with the first flight scheduled for the second half of 2025 at the latest. It is set to be the largest electric plane to ever take to the skies.    “It is a…

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Is AI killing fantasy football? To find out, I let it manage my team

Sep13
by on September 13, 2024 at 1:00 pm
Posted In: Insider


Every week, millions of adults pretend that they’re football managers. I am one of them. We live out our dreams in the Fantasy Premier League (FPL), an online game that’s become a global phenomenon.  With a budget of 100 million (digital) pounds, we build virtual squads of footballers. If their real-life counterparts play well, we win points. By the end of the season, the team with the most points wins. But what exactly do they win? Well, that depends who you ask. Here’s the official answer: over 10 million players compete for the grand prize of — drum roll, please — …

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German startup secures $62M for ‘carbon negative’ biogas power plants

Sep13
by on September 13, 2024 at 7:00 am
Posted In: Uncategorized


German startup Reverion has secured $62mn as it looks to scale a mini power plant that can generate clean energy, capture CO2, and make hydrogen all in one shipping container-sized unit.  “Reverion’s technology works very efficiently in both ways — you can use the plants to store that energy and provide it back to the grid when there is demand,” Christoph Baumeister, principal at Possible Ventures, one of the investors in the round, told TNW.   Reverion — spun-off from the Technical University of Munich in 2022 — will use the fresh funds to begin serial production of its power plants…

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Ukrainian startup plans to defend companies from disinformation with AI

Sep12
by on September 12, 2024 at 6:27 pm
Posted In: Insider


A Ukrainian startup forged by war is bringing counter-disinformation to the business world. Osavul was founded in 2022 to fight Russian propaganda. To analyse the threats, the company applied AI analytics to the information landscape. The startup surveys open-source data from social media, websites, and messaging apps. It then identifies harmful narratives — and the sources spreading them.  The narratives have diverse forms. Osavul has detected fake news videos plastered with BBC logos, racial slurs hidden by slang, and generative AI amplifying Russian propaganda. Ukraine’s government has frequently sought the startup’s insights. So have NATO and the UK. But Osavul is…

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