The Next Web
The 5 hottest scaleups in Benelux enter TECH5’s ‘Champions League of Tech’
Five high-flying scaleups from the Benelux region have made it into TECH5 — the “Champions League of Technology.” The classy quintet joins an exclusive group of Europe’s fastest-growing tech companies. Over the next two months, they will join six other regions — the Nordics, Southern Europe, France, the Baltic States, DACH, and the UK & Ireland — in a competition for the crown of hottest scaleup on the continent. The contest will conclude on June 19-20, when the TECH5 champion will be announced on the main stage of TNW Conference. But first, the contenders have to win their regional title. The…This story continues at The Next Web
Landmark digital declaration from EU ministers ignites calls to cut startup regulation
A coalition of European startups has urged swift action to slash burdensome EU regulations after a landmark declaration from the D9+ group of digitally advanced nations. The declaration stressed the need for “removing barriers” and “simplifying EU rules and procedures.” Ministers from all 13 countries in the D9+ — Belgium, the Czech Republic, Denmark, Estonia, Finland, Ireland, Luxembourg, the Netherlands, Poland, Portugal, Slovenia, Spain, and Sweden — signed the statement. They emphasised the need for a “reviewed digital rulebook” that is “deregulated where possible” and “avoids unnecessary red tape.” A startup group has called for the ministers to back up their…This story continues at The Next Web
Tesla’s sales slump opens ‘rare window’ for European EV makers
Tesla’s sales in Europe have plummeted by 42% this year, according to the latest figures from the European Automobile Manufacturers Association. Tesla’s slip came despite total EV sales on the continent rising 28% over the same period. Analysts have linked the slump to Tesla’s aging model lineup and growing backlash against CEO Elon Musk’s increasingly polarising behaviour. Whatever the reason, Andrew Fellows, an automotive and mobility expert at global tech consultancy Star, told TNW he thinks the recent sales slide has opened “a rare window of opportunity” for rival European carmakers to regain lost ground from Musk’s firm. Tesla’s Model…This story continues at The Next WebOr just read more coverage about: Tesla
This wildfire simulator can predict risks to individual homes anywhere on Earth
In the summer of 2018, a devastating fire tore through Greece’s Attica region. In its aftermath, four scientists from the University of Cambridge and Imperial College London — including two Greeks — set out to answer a simple yet crucial question: why did some houses burn while others were left untouched? That question set off years of research into computer simulations for predicting wildfire risk and behaviour. In December 2023, the scientists founded Pinepeak to bring their idea out of the lab and into the market. Pinepeak’s wildfire prediction technology combines machine learning algorithms trained on satellite data with cutting-edge…This story continues at The Next Web
Quantum simulations are still slow. A startup says it just made them 10x more efficient
A new algorithm has improved the ability of quantum computers to model new materials and chemicals by a factor of 10. That’s according to its developer, UK startup Phasecraft. The Bristol- and London-based company describes the breakthrough as the largest single leap in quantum simulations to date — moving us a step closer to real-world quantum applications. Quantum computers improve on classical simulations by accurately modelling complex quantum behaviours — like the ever-changing interactions between molecules or the evolution of materials over time — that are too difficult for classical computers to simulate efficiently. This could lead to technological leaps…This story continues at The Next Web
BlackRock’s first European Bitcoin product hailed as ‘landmark development’ for crypto
BlackRock, the world’s largest asset manager, has launched its first Bitcoin product in Europe, a move that industry experts say will help legitimise cryptocurrencies in mainstream finance. “This is a landmark development for crypto, displaying confidence in Bitcoin for mainstream investments,” Meryem Habibi, chief revenue officer at London-based crypto payment gateway Bitpace, told TNW. “Through this first in Europe, BlackRock is not only legitimising the asset class but also paving the way for increased institutional and retail participation,” she said. BlackRock’s product is called an “iShares Bitcoin ETP” (exchange-traded products). ETPs let investors buy and sell Bitcoin without directly owning the cryptocurrency.…This story continues at The Next WebOr just read more coverage about: Bitcoin
23andMe bankruptcy: Can EU and UK laws protect DNA data? Here’s what you need to know
San Francisco-based 23andMe, which sells at-home DNA testing kits, has filed for bankruptcy in the US and is looking for a new buyer — heightening concerns about the personal data of millions of people. 23andMe experienced a major data breach in 2023, which exposed personal information like family trees, birth years, and geographic locations of approximately half of the company’s 15 million users. Now, with the company sinking, 23andMe customers are considering deleting their accounts amid fears of another hack or changes to the company’s privacy controls under a new owner. In the EU and the UK, 23andMe users are…This story continues at The Next Web
Netherlands ranks above entire G7 in tech competitiveness, study finds
The Netherlands has ranked 10th in a global index of tech competitiveness, ahead of the entire G7 group of the world’s largest so-called “advanced” economies. The country was praised for its thriving digital economy, mature biotech and semiconductor industries, and strong digital skills underpinned by “engineering excellence.” London-based Centre for Economics and Business Research (CEBR) and consultancy SThree produced the index, which ranks 35 countries based on economic indicators such as level of high-tech exports, number of software developers, and patent filings related to AI. Several European countries joined the Netherlands near the top of the rankings. Ireland placed second…This story continues at The Next Web
Italy freezes Starlink talks as Elon Musk’s controversies snowball
Last week, Elon Musk’s Starlink internet service was installed at the White House. A week before that, Donald Trump promoted Tesla on the White House front lawn, after rallying people to buy the company’s cars and stock. The Trump administration’s endorsements of Musk’s companies are attracting growing scrutiny. Critics argue that they’re breaking laws and threatening democracy. For the world’s richest man, the relationship is also causing business problems. One involves Italy’s plans for Starlink. The country has halted talks for a proposed €1.5bn contract with the service, defence minister Guido Crosetto said in an interview Saturday. “Everything has come…This story continues at The Next Web
SAP becomes Europe’s most valuable company, ASML holds fourth place
Just five months after surpassing ASML, German software giant SAP has overtaken Novo Nordisk to become Europe’s most valuable listed company. SAP’s shares rose 1.6% on Monday, bringing its market cap to €313bn. That was just enough to nudge Danish weight loss drugmaker Novo off the top spot. SAP’s stock has risen more than 40% in the past year, amid booming demand for its AI-driven enterprise resource planning software (ERP). The cloud-based software centralises business data, allowing multiple departments to access and share information in one place. In contrast, Novo is having a tougher time on the stock market. Novo’s…This story continues at The Next Web
After Northvolt, Europe’s battery path leads to China — or new tech frontiers
Fuelled by $15bn in financing, Northvolt was supposed to be Europe’s great battery success story — a homegrown champion capable of competing with Asian and American giants. So when Northvolt filed for bankruptcy last week, after months of job cuts, restructuring, and multiple failed attempts to raise more money, it dealt a massive blow to Europe’s ambitions to ramp up domestic production of lithium-ion batteries, which power everything from EVs to smartphones. In the wake of Northvolt’s precipitous fall from grace, everyone from politicians and investors to the company’s own employees has voiced their opinions on what went wrong. Among…This story continues at The Next Web
Opinion: To close Europe’s defence tech gap, governments must support startups
The United States has long understood a simple truth: war is won not by size alone, but by speed and creativity. Indeed, innovation has always been crucial in conflict. Armour made knights safe until the crossbow came along. High walls protected cities until cannons emerged. Trenches were made obsolete by fast-moving mechanised forces. The lesson: a military that cannot innovate is one that falls behind. Yet Europe remains stuck with an outdated model of defence procurement – one that favours a handful of bloated contractors doing the same old thing over the fresh ideas of startups and entrepreneurs. Against a…This story continues at The Next Web
Military vehicles to get mixed reality windshields controlled by human eyes
Finnish startup Distance Technologies emerged from stealth last year with a technology it claims can turn any transparent surface into a mixed reality (MR) display. Now, it has teamed up with Patria to trial the tech on the defence firm’s armoured vehicles. The partners will jointly develop a heads-up display for Patria’s six-wheel drive armoured personnel carrier. The system will display 3D tactical data, terrain mapping, and AI-driven military insights directly onto the windshield, allowing military personnel to see in low-visibility environments like darkness and smoke. The MR technology promises to eliminate the need for additional screens or clunky headsets.…This story continues at The Next Web
The European Accessibility Act risks becoming just a box-ticking exercise
With the compliance deadline for the European Accessibility Act (EAA) fast approaching, companies are urgently trying to ensure their websites meet the requirements of the EU directive. One appealing solution is accessibility widgets — small add-ons with features like text resizing, contrast adjustments, and text-to-speech functions. However, while these widgets promise fast and inexpensive compliance, they often fail to address the real issues of accessibility. In fact, they can even make websites harder for people with disabilities to navigate. Here’s why relying on widgets is a short-sighted solution and what web developers should focus on instead to create truly accessible…This story continues at The Next Web
Euclid space telescope captures multiple ‘extremely rare’ double gravitational lenses
The European Space Agency has released the first major batch of data from its “dark universe” telescope Euclid. What’s inside could change our understanding of dark matter and the expansion of the universe. The data comprises just one week’s worth of deep field images from three points in space. They make up just 0.4% of the vast area Euclid will capture, which scientists say will be the largest 3D map of the sky ever created. With one scan of each region so far, Euclid has already spotted 26 million galaxies, each potentially containing millions of stars and billions of planets.…This story continues at The Next Web
Ex-ArianeGroup CEO backs Pangea to build 3D-printed aerospike rocket engines
Aerospike rocket engines are the stuff of legend in the space industry. Conceived in the 1960s, their unique spiked-nozzle design promises better efficiency, reusability, and performance at all altitudes. But their complexity — and the shutdown of major space programmes towards the end of the 20th century — meant they never entered the mainstream. But now, startups are dusting off old designs and using new technologies to revive aerospike engines for modern spaceflight. One of these ventures is Spain’s Pangea Aerospace. Founded in 2018, Pangea has been operating under the radar for most of its seven-year history. But today, the…This story continues at The Next Web
Exclusive: Visoid bags fresh funds for AI that accelerates 3D rendering for architects
Oslo-based startup Visoid has raised €700,000 in seed funding for its AI software, which helps architects turn their 3D models into striking renders within seconds. For architects and designers, a good render can mean the difference between winning or losing a client. However, rendering typically requires a lot of time, effort, expertise — and money. Tools like Visoid look to disrupt the status quo. “What started as a simple tool for architects to generate beautiful visualisations has led us on a journey to simplify and democratise the visualisation process itself,” said co-founder Joachim Holwech. Here’s how the software works: You…This story continues at The Next Web
Dalot joins Ronaldo in backing personalised nutrition pioneer Bioniq
Another star footballer has joined a startup’s lineup. Portugal’s Diogo Dalot is the latest recruit, teaming up with compatriot Cristiano Ronaldo to back personalised supplement pioneer Bioniq. Dalot has invested €1mn in the company, which has developed an innovative approach to nutrition. Founded in 2019, Bioniq analyses blood test biomarkers to create customised supplements for athletes. The recipes are created by an algorithm trained on over 6 million biochemical data points. According to Bioniq, the system can generate over 10 million combinations of nutrient granules, each tailored to the specific needs and goals of each customer. Dalot has received his own personalised formula,…This story continues at The Next Web
Dutch unicorn Mews mulls IPO in US amid concerns over support for startups
Dutch unicorn Mews will most likely list in the US instead of in Europe if the hospitality management company goes public, its CEO and co-founder Matthijs Welle told TNW. “An IPO is one of the options that we would consider for the future, and if we were to go down that route, a listing in the US is the most likely option, although it is too early to specify further details regarding a potential listing,” Welle said. “Most other vertical SaaS companies, who are comparable to us, are listed in the US, where there are deeper capital markets and a…This story continues at The Next Web
Irish startup Equal1 unveils world’s first silicon-based quantum computer
Irish startup Equal1 has unveiled the world’s first quantum computer that runs on a hybrid quantum-classical silicon chip. Dubbed Bell-1 — after quantum physicist John Stewart Bell — the computer weighs around 200kg and plugs into a regular electrical socket. The rack-mountable machine is designed to simply slot into high-performance computing (HPC) data centres alongside standard servers. Equal1’s CEO Jason Lynch told TNW that combining quantum technology with today’s most advanced classical processors offers the fastest route to a quantum computer capable of potentially world-changing calculations. The potential applications are endless. Quantum computers have the potential to solve complex problems…This story continues at The Next Web
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