Good news from around Europe
Binance pauses withdrawals as hackers suspected of stealing billions in crypto Some estimates say hackers stole billions in crypto from Binance, the world’s largest cryptocurrency exchange, during a cyberattack on Thursday. Powered by WPeMatico https://techcrunch.com/2026/10/29/binance-pauses-withdrawals-as-hackers-suspected-of-stealing-billions-in-crypto/
Elon Musk is ‘truly a genius,’ says Vladimir Putin Putin said that he and Musk are in “close contact” about Rassvet, Russia’s Starlink-like satellite connectivity project. Powered by WPeMatico https://techcrunch.com/2026/10/29/elon-musk-is-truly-a-genius-says-vladimir-putin/
“Founders’ Relief” among string of measures introduced in Budget to encourage founders The UK chancellor today unveiled a raft of measures to encourage entrepreneurs to build in Britain, including a “Founders’ Relief” for entrepreneurs, measures to encourage female founders, as well as making postive noises about encouraging more pension fund
Proxima Fusion signs two Japanese partnerships to strengthen Germany’s fusion supply chain German fusion power company Proxima Fusion has signed Memoranda of Understanding (MoUs) with Japanese companies Fujikura and Kyoto Fusioneering to develop critical technologies and industrial supply chains needed for commercial fusion power. The agreements, signed in Tokyo during
European energy coalition calls for €1B natural hydrogen exploration programme A coalition of more than 30 European energy organisations, including investment firms World Fund, Wind Capital, and Natural Hydrogen Ventures, has published an open letter to European Commission President Ursula von der Leyen, urging the EU to support natural hydrogen
From private equity to precision strikes: How Lithuania’s PDKinematics is rethinking drone warfare Following Russia’s full-scale invasion of Ukraine, former private equity fund manager Rapolas Markevičius decided to put his experience to work in a very different industry: defence technology. Today, he leads Lithuanian startup PDKINEMATICS, which develops precision-guidance systems
Magic Vision lands €600K for AI-powered monitoring solution Silver Eye Italian deeptech startup Magic Vision has raised €600,000 in funding to support the development and commercialisation of its AI-powered monitoring technology for older people and vulnerable individuals. Investors include SixS, the Italian company behind Gecos, a management software platform for
German startups are betting big on Japan. Should the rest of Europe follow? German startups are increasingly looking towards Japan as a destination for international expansion, industrial partnerships and technological cooperation. From DefenceTech and nuclear fusion to quantum computing and space infrastructure, recent developments suggest that Tokyo is becoming an
OPINION: Scaling is the real test of Europe’s AI boom Europe’s AI funding boom is not benefiting every part of the market equally. Recorded Series A–C investment rose by approximately 66% in the first nine months of 2026, yet funding in rounds worth €22.2 million to less than €88.9 million
“My grandfather fell and remained on the floor for an entire day” – Magic Vision raises €600k for monitoring tech Magic Vision, an Italian DeepTech startup developing AI and computer vision technologies to monitor and support older people and vulnerable individuals, has closed a €600k funding round. Investors include SixS,