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. Reverions 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

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 slur

Whats the best way to attract attention for your startup from a room full of investors, journalists, potential partners, customers, and talent all in one go? For early-stage startups, entering pitch battle competitions is a cost and time-effective way to get in front of the right audiences. Rather than pitching to individual investors, prove your product and teams value in one quick-fire shot. Let potential partners and customers come to you after sharing your innovative idea on stage. Do you ha

Nik Storonsky founded Revolut in 2015, gradually engaging consumers with the world of neobanks. Despite ups and downs throughout its journey, last monththe startup became Europes most valuable private tech company reaching a valuation of $45bn. Storonsky is also among the European founders who have set up funds for other startups. In 2022, he launched VC firm QuantumLight, which focuses on AI-driven investments. QuantumLight has published today a playbook with step-by-step guidelines on how to b

Mario Draghi has sounded the alarm about the EUs competitiveness and future as it is again failing to translate ideas and ambition into technological innovation. In a report commissioned by the blocs chief Ursula von der Leyen, Draghi stressed that a pronounced growth slowdown has widened the GDP gap between the Union and the US. This slowdown is closely linked to sluggish tech development. Europe largely missed out on the digital revolution led by the internet and the productivity gains it br

Tech giant Microsoft and leading quantum computer developer Quantinuum have hit two more significant markers on the path towards scientific quantum advantage. They have successfully created 12 highly reliable logical qubits and demonstrated a hybrid end-to-end chemistry simulation, utilising a combination of HPC, AI, and quantum. The logical qubit breakthrough was achieved on Quantinuums H2 trapped-ion 56 physical qubit quantum computer using Microsofts Azure Quantums qubit-virtualisation system

In two separate cases today, the EUs Court of Justice ruled in favour of back taxes and fines against Apple and Google totalling 15.4bn, a major victory in the blocs ongoing battle with big tech. In the first ruling, the EUs highest court has ordered Apple to pay Ireland 13.1bn in back taxes, bringing an end to the biggest tax dispute in history. The EU Court of Justices judgement backs the European Commission, which accused Apple of benefitting from substantially and artificially lowered tax in

German startup Cylib has broken ground on its first industrial-scale battery recycling plant, just months after it raised 55mn in the largest-ever funding round for a European battery recycling company. The state-of-the-art facility, located at Chempark on the outskirts of Dsseldorf, will spread across three football pitches. Once operational scheduled for 2026 the plant is slated to recycle 30,000 tons of EV batteries a year. For context, the average EV battery weighs about 500kg so Cylibs pl

Imagine youre moving to the destination of your dreams. A tropical paradise by the sea? An enchanting mountain village? A sun-kissed chateau surrounded by vineyards? Take your pick. All you need to do is pack a smartphone. You catch a cab to the station, scan a turnstile, and board a train to the airport. On arrival, you stroll through a biometric corridor and straight on to your plane. After your flight touches down, you collect a rental car. You flash a digital drivers licence to unlock the do

Astronauts aboard the International Space Station (ISS) have used ESAs metal 3D printer to forge the first-ever metal part made entirely in space. The achievement was part of a collaboration between ESA and Airbus that looks to develop Europes capabilities in space manufacturing. It could mark a step toward greater autonomy for long-term missions to the Moon, Mars, and beyond. Creating spare parts, construction components, and tools on demand will be essential for long-distance and long-duration

Reports that the Netherlands plans to implement (under US pressure) new export restrictions of ASML equipment to China are increasing. In the name of national security, the US chip war against China has been escalating since 2022, when Washington took the first decisive steps to curb the Asian countrys semiconductor ambitions. Part of the US strategy has been applying pressure to ally countries such as the Netherlands home to ASML. The Dutch tech company is the sole manufacturer of the worlds m

The advertising exodus from X is set to accelerate. In 2025, almost half of marketers in Europe and North America plan to cut their spending on the platform. Thats according to a new study from Kantar, a market research firm based in the UK. The company found that trust in ads on X is now historically low. Unsurprisingly, the companys reputation has plummeted under the leadership of Elon Musk. When Musk bought the platform in 2022, trust from marketers stood at a worrying 22%. Two years later, i

Belgian ebike maker Cowboy has bagged 5mn as it looks to achieve full-year profitability next year and not suffer the same fate as VanMoof. The funding round was led by Cypress Capital, a Hong Kong-based VC with strong ties to Taiwan, the global hub of bicycle manufacturing. Cypress Capital is not just a financial investor which is great to have as well, especially in this climate but a strategic one, Cowboys founder and CEO, Adrien Roose, told TNW. While Cowboys hyper-connected ebikes are as

With the EUlagging behindthe US and China on artificial intelligence, the idea of a CERN for AI has been gaining traction even reaching the high ranks of the European Commission. I will propose to set up a European AI Research Council where we can pool all of our resources, similar to the approach taken with CERN, Commission President Ursula von der Leyen said in July. The concept still remains at a proposal level and details are scarce. But according to a Belgium-based think tank, the idea pre

Welcome to the new episode of the TNW Podcast the show where we discuss the latest developments in the European technology ecosystem and feature interviews with some of the most interesting people in the industry. In todays episode, Linnea and Andrii talk about the Barbie phone, Telegrams future in the EU, running blades for the Paralympics, the end of AnandTech, and more. Youll also hear an interview with Ferry Zonder, founder of the Dutch bicycle company Veloretti. The company has grown a lo

The UKs Advanced Research and Invention Agency (ARIA) is allocating 81mn to a new programme that aims to create early warning systems for climate tipping points. These are thresholds within the Earths climate ecosystem, which if crossed can trigger devastating and often irreversible changes. As no early warning mechanisms currently exist, ARIA is hoping for a scientific first. It has opened calls for proposals to R&D teams across academia and industry, from universities and private labs to sta

The Oak Ridge National Laboratory (ORNL) in Tennessee is the stuff of computation legend. From playing a central part in the Manhattan Project and the development of the first nuclear bomb, to housing the worlds first exascale supercomputer, it sits at the very edge of what is possible given the extent of our scientific knowledge to date. Now, ORNL has chosen to partner with Quantum Brilliance for a hybrid quantum-classical project built on the Australian-German startups room temperature quantum