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Our growing reliance on technology at home and in the workplace has raised the profile of e-waste. This consists of discarded electrical devices including laptops, smartphones, televisions, computer servers, washing machines, medical equipment, games consoles and much more. The amount of e-waste produced this decade could reach as much as 5 million metric tonnes, according to recent research published in Nature. This is around 1,000 times more e-waste than was produced in 2023. According to the study, the boom in artificial intelligence will significantly contribute to this e-waste problem, because AI requires lots of computing power and storage. It will,…This story continues at The Next Web
Businesses are already being radically transformed by artificial intelligence (AI). Tools now exist that offer instantaneous, high-quality results in improving certain operations without the burden of high costs or delays. In fact, generative AI could completely upend the traditional ways that we measure success in business. Generative AI refers to programs that produce high-quality text, images, ideas and even complex software code in response to prompts (questions or instructions) from a user. Applications powered by data-driven algorithms enable users to quickly create high-quality content, redefining traditional measures of success. A small café can generate aesthetically pleasing menus in a few…This story continues at The Next Web
Artificial intelligence (AI) makes important decisions that affect our everyday lives. These decisions are implemented by firms and institutions in the name of efficiency. They can help determine who gets into college, who lands a job, who receives medical treatment and who qualifies for government assistance. As AI takes on these roles, there is a growing risk of unfair decisions – or the perception of them by those people affected. For example, in college admissions or hiring, these automated decisions can unintentionally favour certain groups of people or those with certain backgrounds, while equally qualified but underrepresented applicants get overlooked.…This story continues at The Next Web
Across Europe, skills shortages are emerging as a key challenge. The Council of the European Union says this is driven by demographic change, demand for new skillsets, and poor working conditions in some sectors. Adding to that, a recent report highlighted that around 42% of Europeans lack basic digital skills, including 37% of those in the workforce. The rapid advancement of AI is adding more pressure. While AI offers the EU a shot in the arm to strengthen the bloc’s innovation and competitiveness, there is still a gap between the skills required, and the skills available. 5 jobs to discover…This story continues at The Next Web
Every year, millions of businesses are created around the world. In order for these big ideas to turn into successful startups, most of them will inevitably come up against the challenges of fundraising. While there is no magic formula, there are variables that founders can hone in on when engaging with potential investors. TNW sat down with San Francisco-based VC Plug and Play early-stage investor Letizia Royo-Villanova during the Red Bull Basement global final in Tokyo to get her insights. The one thing that really needs to stand out, according to Royo-Villanova, is the drive and authenticity of the founder.…This story continues at The Next Web
Finnish startup Oura has closed its Series D funding round at $200mn, bringing the smart ring maker’s valuation to a cosy $5.2bn. Oura’s smart ring uses 20 biometric markers to track sleep, physical activity, and stress resilience. The device displays this data on an app that gives you a personalised “readiness” score. We tested the wearable earlier this year and were genuinely impressed. Founded in 2013, Oura secured its first funding on Kickstarter, the crowdfunding site, in 2016. Counting this new tranche of capital, the tech startup has raised $550mn since inception. “We’ve made significant progress in advancing our mission to make…This story continues at The Next Web
Munich-based startup Vaeridion has secured €14mn to develop an electric aircraft that it hopes will whisk passengers on short-haul routes around Europe by 2030. “The microliner looks like a regular plane and it takes off from a runway — the only difference is that it will be powered by batteries,” Vaeridion’s co-founder and CEO, Ivor van Dartel, told TNW in an interview last month. “For operators and passengers, the experience will be essentially the same.” Berlin-based climate tech VC World Fund led the Series A investment, with participation from Project A Ventures, Vsquared Ventures, Schwarz Holding, InnovationQuarter, and angel investor…This story continues at The Next Web
Short-term rental platforms like Airbnb have transformed travel. They’ve made it easier for tourists to access personalised, private accommodations and for property owners to monetise their spaces. With global tourism now on track for a full recovery post-COVID, Hostaway has secured a cool $365mn at a $925mn valuation as it looks to cash-in on the boom in short-term rentals. Hostaway is a property management system (PMS) and software marketplace for the short-term rental industry. It will use the cash to enhance its dynamic pricing tools, further integrate AI, and expand its presence in new markets, focusing on France, Italy, and…This story continues at The Next Web
It’s been a great year for the Dutch startup ecosystem. Venture capitalists have, so far, invested $3.5bn into Netherlands-based early-stage companies, according to Dealroom data. That makes 2024 Dutch tech’s second-best funding year ever, surpassed only by 2021. Dutch startups have raised almost 50% more ($1.1bn) cash this year than in 2023 — and there are still two weeks to go. It’s a striking uptick, especially considering the rather muted funding environment in broader Europe, which is on course for its worst year since 2020. The Netherlands stands to be Europe’s fourth best-funded ecosystem for 2024. It ranks two places…This story continues at The Next Web
According to the 2024 Global Startup Ecosystem Report by Startup Genome, the Netherlands ecosystem is now ranked number 13 in the world — placing it ahead of both Paris and Berlin. In 2023, Dutch startups raised $2.2bn. While there have been fewer startup deals this year, overall investment is up, according to figures from the Dutch Startup Association. And for some startups and scaleups, 2024 was truly a monumental year. Picnic raises one of Europe’s largest rounds Having grown its business 40% in 2023 following international expansion across France and Germany, Dutch online supermarket Picnic kicked off the year in…This story continues at The Next Web
Baller League — a new six-a-side football league that has attracted support from legends like Ronaldinho, Gary Lineker, and Luis Figo — has raised $25mn from EQT Ventures as it looks to initiate a “new era” for the beautiful game. German entrepreneur Felix Starck co-founded the Baller League last year alongside former players Mats Hummels and Lukas Podolski. The founders wanted to change the way younger audiences engage, view, and interact with the world’s most popular sport. The league, which is now expanding from Germany to the UK and the US, comprises shorter 30-minute matches that are available to stream…This story continues at The Next Web
Boston Dynamics’ robot dog “Spot” has become somewhat of an internet sensation, no doubt thanks to its (perhaps disturbingly) killer dance moves or displays of super-strength. But Spot is far from the only robodog on the block. One of its competitors is ANYmal, an autonomous quadruped that’s impressively good at everything from parkour to climbing ladders. Apart from doing tricks, ANYmal also has a real job. It does routine inspections in some of the toughest places on Earth. Think old nuclear power plants, abandoned mines, and offshore oil rigs. Cameras, sensors and gas detectors act as the robodog’s eyes…This story continues at The Next Web
Microsoft probably needs no introduction. But in case you are not familiar with the Microsoft for Startups program, it is an initiative that provides free licences and Azure credits to selected software entrepreneurs over the course of three years. Needless to say, its general manager, Hans Yang, is somewhat of an expert when it comes to identifying the ideas that will make it to market and that particular drive he calls “founder energy.” “With some founders, it is immediate — you can see it right off the bat,” Yang tells TNW during an interview at the Red Bull Basement global…This story continues at The Next WebOr just read more coverage about: Microsoft
From bricklaying robots to zero-carbon cement, startups are shaking up construction in a high-tech bid to build better, greener structures. One of these early-stage ventures is Finland-based Aisti. Founded in 2019, the company has come up with a way to make acoustic tiles that are “carbon-negative.” Acoustic panels are a common construction material used to reduce noise and improve sound quality in buildings. Aisti has raised €29mn in a mix of VC and debt funding to build its first industrial-scale factory in Kitee, a small town about four hours northeast of Helsinki. The startup plans to bring the tiles to market…This story continues at The Next Web
Rome-based venture capital firm Scientifica has launched a €200mn fund to support startups in quantum computing, artificial intelligence, and other frontier technologies. The fund, set to launch early next year, will provide early-stage companies with both financial backing and access to advanced lab spaces. Scientifica’s fund is based on a “Zero CapEx” model. Startups can use Scientifica’s 4,000 m² of laboratories and a network of 70 certified labs in Italy without incurring upfront costs. The aim is to reduce barriers to innovation by giving early-stage access to cutting-edge tools and facilities. The model reflects a growing trend of venture capital firms supporting…This story continues at The Next Web
If you live in Europe and you use a neobank, you’ve likely been interacting with Upvest’s investment products without even knowing it. The Berlin-based startup runs a stock-trading API that integrates into some of the biggest fintechs in Europe — Revolut, N26, Bunq, Plum, Raisin, Shares and Vivid. Through these banks, some 50 million users have access use the company’s investment products, it said. Amid a broader neobank boom, Upvest today announced it has raised €100M in a Series C funding round led by Hedosophia and joined by Sapphire Ventures. Existing investors, Bessemer Venture Partners, BlackRock, Earlybird, HV Capital, Motive Ventures, and Notion Capital also chipped…This story continues at The Next Web
On a warm day in October, three corporates and two startups gathered together in the TNW offices for the conclusion of the one-hundred-day Vodafone IoT Challenge. Innovation is something all businesses want, but few actually have time for. We read about the advanced new tools and technologies collecting richer insights and making things faster and easier than ever before. But, when it comes down to it, day-to-day tasks always end up taking precedence over the effort and progress we could make for tomorrow. The real challenge is simply committing to the time it takes to innovate. That’s why Facilicom Group,…This story continues at The Next WebOr just read more coverage about: Sprint
Amsterdam-based startup CarbonX has secured €4mn to industrialise a new anode material that could help Europe reduce its reliance on China for graphite, a substance which makes up half the weight of a typical lithium-ion battery. Netherlands-based VC Energy Transition Fund Rotterdam led the round. It’s an extension on CarbonX’s €10mn capital injection announced in February, capping off the funding round at a cosy €14mn. Graphite is the go-to material for lithium-ion battery anodes, which is the negative electrode responsible for storing and releasing electrons during the charging and discharging process. Its found in batteries that power everything from EVs…This story continues at The Next Web
At TNW, we are all about supporting and elevating startups and entrepreneurs who are doing epic stuff with tech. When Red Bull reached out to talk about their innovation competition, my first thought was what on Earth do we have in common with an energy drink company that has people jumping off cliffs and surfing really large waves? Apart from fuelling — in different ways — founders and developers across the world, of course. (Although, I guess, building a company could be considered an extreme sport.) Next generation of innovation Turns out, when it comes to supporting young minds that…This story continues at The Next Web
A police force in the UK is using Bluetooth tracking wristbands for people with dementia in a high-tech bid to keep them safe. Starting this month, Avon and Somerset Police will start giving out Bluetooth wristbands for free to families. It’s part of a broader initiative to protect dementia patients, who often suffer from extreme memory loss and confusion as a result of the incurable condition. The wristbands are fitted with Tile, a popular tracking device similar to the Apple Airtag. Once the tag is attached to a patient, caregivers can track their location via a smartphone app. If the…This story continues at The Next Web
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