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The Dutch labour market is experiencing a persistent talent shortage, according to a new salary survey report. The research also flags that when it comes to hiring in 2025, artificial intelligence, automation, and machine learning are expected to be among the hottest functional areas companies are most likely to recruit talent for next year. In line with this, a recent study by Indeed found that over the past year, job postings mentioning generative artificial intelligence (Gen AI) or related phrases have increased dramatically across the US and Europe. In Germany, for example, there has been a 3.9x increase, France has…This story continues at The Next Web
Lithium-ion batteries have served us well, powering much of the modern world. However, today’s tech — everything from drones and EVs to the wretched Tesla cyber truck — demands denser batteries that charge faster and take you further. This push is driving scientists to conjure up new battery chemistries or refine old ones. Naturally, it is also spawning a new generation of startups looking to scale the next, best battery. One of those is Molyon. Molyon recently spun out from 15 years of research at the University of Cambridge to commercialise a lithium-sulfur battery that it claims delivers twice the…This story continues at The Next Web
Vertical Aerospace has been thrown a crucial lifeline, staving off potential bankruptcy at the cash-strapped air taxi startup. The UK-based company — which makes electric vertical take-off and landing (eVTOL) aircraft — secured the fresh funds from its largest creditor, American debt investor Mudrick Capital. The agreement, announced Monday, includes a $50mn cash injection and a substantial debt-to-equity swap. Mudrick will invest $25mn upfront and guarantee another $25mn in future funding, offset by contributions from third-party investors. Mudrick will also convert half of its $130mn in outstanding loans into equity at $2.75 per share, taking its ownership stake in Vertical…This story continues at The Next Web
Zurich-based startup Poncho has officially launched its weather insurance platform — and bagged some fresh funding to boot. Founded in 2023, the company aims to transform how the travel and hospitality industries handle unpredictable weather. Poncho’s tech integrates with booking systems, allowing customers to opt for weather protection at checkout. If bad weather, such as heavy rain or wind, occurs during their scheduled event or trip, a refund is processed automatically. You don’t need to file a claim. Maybe torrential rains turn your Alpine ski trip to slush or maybe you’ve splurged on a Mediterranean yacht adventure only to have…This story continues at The Next Web
London-based startup Lighthouse just raised a hefty $370mn from American investment giant KKR at a valuation of over $1bn, making it Europe’s latest unicorn tech company. The funding will supercharge the company’s ambitions to shake up the $15bn travel tech market. What’s on the to-do list? Refining its AI tools, expanding globally, and snapping up competitors through mergers and acquisitions (it has already made four). Lighthouse’s platform crunches over 400 terabytes of travel data every day, using AI to turn that ocean of info into bite-sized insights that help hotels make better business decisions. It includes data like how many…This story continues at The Next Web
Candela is flying high — and across the Atlantic. The Swedish startup has secured $14mn, marking the close of its Series C round at a cosy $40mn. This puts its total funding at just shy of $90mn. Candela has also sold its first P-12 ferry in the US, amid burgeoning demand for what is the world’s fastest and longest-range electric passenger vessel. FlyTahoe, the company that will operate the service, will use the P-12 to shuttle tourists and locals across Lake Tahoe. This massive freshwater lake straddles the border of California and Nevada and is best known for its clear…This story continues at The Next Web
Amsterdam-based startup Skytree is set to deploy its carbon-sucking machines on a newly announced carbon capture and storage project in Texas, US. Dubbed “Project Concho,” the $100mn Direct Air Capture (DAC) plant aims to initially vacuum up 30,000 tonnes of carbon from the atmosphere annually, eventually scaling to 500,000 tonnes. This carbon will be permanently stored underground, on site. The facility is set to enter operation in 2028, a Skytree representative told TNW via email. Project Concho is masterminded by carbon capture developers Return Carbon, from the Netherlands, and Verified Carbon, from Texas. They will generate revenue from the plant…This story continues at The Next Web
UK startup Surf Security has launched a beta version of what it claims is the world’s first browser with a built-in feature designed to spot AI-generated deepfakes. The tool, available through Surf’s browser or as an extension, can detect with up to 98% accuracy whether the person you’re interacting with online is a real human or an AI imitation, the company said. The London-based cybersecurity upstart uses “military-grade” neural network technology to detect deepfakes. The system uses State Space Models, which detect AI-generated clones across languages and accents by analysing audio frames for inconsistencies. “To maximise its effectiveness, we focused…This story continues at The Next Web
British scaleup Tokamak Energy has secured $125mn as it looks to harness fusion — the same clean, virtually limitless energy source that powers the Sun and stars. Tokamak spun out from the UK’s Atomic Energy Authority in 2009. As its name suggests, the company is building a tokamak reactor, the most common kind of fusion design, first pioneered in the 1960s. Tokamaks use giant magnets to keep plasma moving in a loop while running an electrical current through it. The funding brings the company’s total raised to $335mn, comprising $275mn from private investors and $60mn from the UK and US…This story continues at The Next Web
For the past few months, Meta has been sending recipes to a Dutch scaleup called VSParticle (VSP). These are not food recipes — they’re AI-generated instructions for how to make new nanoporous materials that could potentially supercharge the green transition. VSP has so far taken 525 of these recipes and synthesised them into nanomaterials called electrocatalysts. Meta’s algorithms predicted these electrocatalysts would be ideal for breaking down CO2 into useful products like methane or ethanol. VSP brought the AI predictions to life using a nanoprinter, a machine which vaporises materials and then deposits them as thin nanoporous films. Electrocatalysts speed…This story continues at The Next Web
Dawn Aerospace has flown its rocket-powered aircraft past the speed of sound, the latest milestone on its path to its first commercial flights. During the test, which took place on New Zealand’s South Island, the startup’s Mk-II Aurora aircraft reached Mach 1.1 and an altitude of 25 kilometres. Dawn said this marks the first time a civil aircraft has flown supersonic since Concorde. The feat comes after Aurora hit Mach 0.92 in August, which, at the time, was three times the speed and five times the height of its previous test conducted in 2023. Dawn’s aircraft just keeps on getting…This story continues at The Next Web
Two years ago, the minds behind Testing for All — a Covid-era at-home testing service — launched a new startup. But instead of those dreaded antigen tests that make you feel like you’re trying to tickle your brain with a cotton swab, the company delivers something much more comforting: a trained nurse or doctor. The London-based venture is called Heim Health. It works with the private sector and the NHS to match patients with the best practitioners in their area. Once paired, the platform uses algorithms borrowed from delivery apps to map the fastest routes and schedule the most convenient time…This story continues at The Next Web
London-based startup Gendo has secured €5.1mn amid booming demand for its generative AI software built for architects. British architectural designer George Proud and software engineer Will Jones founded Gendo in 2022. The platform transforms simple inputs like sketches, 2D drawings, or text descriptions into hypereal building designs. It works a bit like Midjourney or DALL-E, except it’s built by architects for architects. The tool allows you to precisely edit specific details of your design, such as colours, lighting, structural elements, or furniture. The model produces more life-like results than more general AI algorithms. What’s more, Gendo claims it can…This story continues at The Next Web
Zurich-based venture capital firm Founderful has raised $140mn in its second fund — $20mn more than its target and a strong sign of investor confidence in Switzerland’s flourishing tech ecosystem. First announced back in February, the fund has already invested in 15 early-stage startups. These include Chiral Nano, which develops nanomaterials for silicon chips, and 8inks, which is rejigging the lithium-ion battery. Founderful — formerly Wingman Ventures — was launched in 2019 by Pascal Mathis, the co-founder of local travel marketplace unicorn GetYourGuide, Eat.ch co-founder Lukas Weder and Alex Stöckl, former exec at Creathor Ventures. The founder-led VC exclusively backs…This story continues at The Next Web
American wearables firm Realwear has acquired Swiss augmented reality (AR) startup Almer Technologies. Almer’s AR headset — the Arc-2 — overlays digital information onto the wearer’s field of view, allowing them to access real-time data, instructions, or assistance from an engineer seated anywhere in the world. The glasses are targeted specifically at industrial companies looking to help their staff maintain and repair equipment and machinery remotely. “Almer’s innovative approach for frontline workers has enabled us to deliver industrial AR solutions that are intuitive and effortless to use,” said Sebastian Beetschen, Almer’s co-founder and CEO. Beetschen founded Almer alongside Timon Binder…This story continues at The Next Web
German tech darling DeepL has (finally) launched a voice-to-text service. It’s called DeepL Voice, and it turns audio from live or video conversations into translated text. DeepL users can now listen to people speaking a language they don’t understand and automatically translate it to one they do — in real-time. The new feature currently supports English, German, Japanese, Korean, Swedish, Dutch, French, Turkish, Polish, Portuguese, Russian, Spanish, and Italian. What makes the launch of DeepL Voice exciting is that it runs on the same neural networks as the company’s text-to-text offering, which it claims is the “world’s best” AI translator. As someone…This story continues at The Next Web
Amsterdam-based startup Sympower has secured €21mn as it looks to scale its grid-balancing technology. Sympower partners with businesses that use a large amount of electricity. It gains access to some of their energy assets and can turn them on and off when the grid requires balancing — a process called demand response. Sympower’s software platform uses AI to analyse data and optimise when and how much power businesses can sell at any given time, making energy use adjustments more effective and profitable for all parties. Grid operators pay Sympower to stabilise the energy supply. The company passes most of that…This story continues at The Next Web
In 1991, Sony brought the first rechargeable lithium-ion battery to market. The unique chemistry proved a game-changer in energy storage. Today everything from EVs to smartphones depends on it, with demand skyrocketing. But lithium is rare, most of it comes from unstable markets outside Europe, and its extraction can cause extensive pollution. We need more lithium to enable the green transition and yet, currently, its use is unsustainable — both environmentally and economically. We’re stuck in a paradox. Munich-based startup Tozero believes that battery recycling offers a way out. Recycling batteries is far from a new concept, but the German venture…This story continues at The Next Web
New data from LinkedIn on the most in-demand jobs on the platform in the third quarter of this year reveals that software engineering is in second place. Just pipped to the post by sales roles, it is clear that software engineering and development pros are in high demand. Additionally, full stack engineers and application developers feature in the top ten in-demand roles at places eight and ten respectively. Software roles are in such high prominence because software powers pretty much everything. According to McKinsey, these days, “Every company is a software company.” Traditional bricks and mortar businesses are now increasingly…This story continues at The Next Web
In the ambitious pursuit to tackle the harms from false content on social media and news websites, data scientists are getting creative. While still in their training wheels, the large language models (LLMs) used to create chatbots like ChatGPT are being recruited to spot fake news. With better detection, AI fake news checking systems may be able to warn of, and ultimately counteract, serious harms from deepfakes, propaganda, conspiracy theories and misinformation. The next level AI tools will personalise detection of false content as well as protecting us against it. For this ultimate leap into user-centered AI, data science needs…This story continues at The Next Web
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