Good news from around Europe
Digital bank targeting Turkish diaspora to launch in UK A digital bank targeting the estimated near one million Turkish diaspora living in the UK is launching in the UK. Called RUUT, the challenger bank will offer retail and business accounts, including cards and remittances. The brains behind the venture are Moka United,
Doncaster is the UK’s AI hub you’ve never heard of The road to Doncaster from London is a good and fast one, but one less travelled. South Yorkshire’s new city has struggled to prevail since the area’s mining industry was decimated in the 1980s. Visitors tend to visit from across
Why most AI drug discovery startups struggle — and how Turbine plans to beat the odds Countless resources and time are expended globally to research and advance novel therapies that end in clinical failure and no patient benefit. Imagine a world where it is possible to predict any potential drug’s
Spintop Ventures strengthens Nordic expansion with new Danish office and Principal Swedish early-stage venture capital firm Spintop Ventures has announced its expansion into Denmark with the opening of a permanent presence in Copenhagen, accompanied by the appointment of Jasenko Hadzic as Principal. The move is part of the firm’s broader
Weekly funding round-up! All of the European startup funding rounds we tracked this week (Aug. 18-22) This article is visible for CLUB members only. If you are already a member but don’t see the content of this article, please login here. If you’re not a CLUB member yet, but you’d
Energy is the new gold: How Europe can ride the next electric tech wave Europe hasn’t launched a single €100 billion tech IPO since SAP. Meanwhile, billion-dollar companies are emerging in the U.S. and China at an increasing rate. For example, Tesla transformed the U.S. automotive and energy markets with
How Europe can win the startup race: A playbook for investors and policymakers Authors’ note: In this article, we unpack a blueprint for growth from IRB and ESNA, alongside fresh input from ESNA’s Executive Director, Arthur Jordão. A growing body of evidence shows that public innovation funding works. Startups supported
Lessons from a €50 million Series B: And why it matters at every startup funding stage Before a single slide appears, before your neatly rehearsed opening line, a decision is already forming in the investor’s mind. Over the last few years, I’ve worked closely with several early-stage startups as they
Meta intensifies the race for AI. The company will sign a $10B contract with Google Cloud Meta Platforms Inc., owner of Facebook and Instagram, has signed a multi-year agreement with Alphabet Inc. to use Google’s cloud services worth at least $10 billion. This was reported by Bloomberg. Under the agreement,
Polish cybertech 1Security secures investment to enhance Microsoft 365 security management 1Security, a Polish cybertech startup which addressing Microsoft 365 permission management issues, has secured funding from Digital Ocean Ventures. The investor shared an announcement on its Linkedin page. About 1Security 1Security, founded by Adam Żaczek and Mateusz Olek, offers