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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 […]
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 […]
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 […]
Programs supporting underrepresented founders, such as Black and Hispanic entrepreneurs, may face cuts or increased challenges, impacting diversity in venture capital and startup ecosystems. Entrepreneurs, however, are likely to stay mission-driven and customer-focused regardless of political changes. Economic growth and job creation remain bipartisan goals, so there’s potential for coalition-building and support across party lines […]
About one in every 10 European startups that have raised VC investment are also backed by an EU grant of equity financing, according to a research project conducted by Dealroom and Dealflow.eu. While the full report is expected to be published later this year, the authors presented a few preliminary numbers in Warsaw last week. […]
Massive granite formations standing hundreds of feet tall, some as ancient as 2.5 billion years old—Idaho’s City of Rocks has some of the most dramatic landscapes you’ll find on a U.S. natural reserve. Native American tribes, such as the Shoshone and Bannock, have long considered the area to be sacred. Towering chalk-white and gray spires […]
A warming world will — and is already having — a profound impact on the things we all depend on: shelter, food, water, energy, medicine. Most nations have committed to drastic cuts in greenhouse gas emissions to dial back the planet’s thermostat. But true sustainability is not just about emissions. We will need to transform […]
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 […]