Investors and funding

Sunak branded ‘unspeakably idiotic’ for impeding plans to rejoin Horizon

Ecosystems, Insider, Investors and funding, Next Featured / Par

Rishi Sunak has enraged British scientists after dimming hopes of rejoining the EU’s Horizon programme. Prospects of entering the €96 billion research scheme had grown after a new Brexit deal for Northern Ireland was struck on Monday. European Commission president Ursula von der Leyen described the agreement as “good news” for scientists and researchers. She said …

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€7.5M EU scheme aims to help Ukrainian SMEs benefit from the single market

Ecosystems, Government and policy, Investors and funding, Next Featured / Par

The European Commission has launched a new €7.5 million grant scheme to help Ukrainian SMEs integrate and benefit from the single market. The so-called ReadyForEU scheme comprises two calls for proposals directed to Ukraine-based businesses and entrepreneurs: the Business Bridge and the Erasmus for Young Entrepreneurs — Ukraine. The calls follow the country’s recent entrance …

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New €15M fund for early-stage quantum startups launches in the Netherlands

Deep tech, Ecosystems, Investors and funding, Next Featured / Par

A new €15 million fund has launched to help quantum technology research in the Netherlands transform into venture capital-investable startups. Backed by Quantum Delta NL (QDNL), a foundation that seeks to boost and scale the Dutch quantum ecosystem, the so-called QDNL Participations fund has a twofold focus: early-stage startups in the sector and research teams …

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To compete with Silicon Valley, European startups need their own Nasdaq

Ecosystems, Investors and funding, Next Featured / Par

Why can’t European tech companies compete with Silicon Valley giants? It’s a perennial conundrum for the continent’s IT leaders — and one that Phill Robinson is trying to solve. After a globetrotting career as a tech executive, Robinson returned home to the UK and founded Boardwave, a networking platform that wants to make Europe a …

To compete with Silicon Valley, European startups need their own NasdaqLire plus »

Low-Earth orbit: A launchpad for Europe’s spacetech startups

Investors and funding, Neural, Next Featured / Par

Big business opportunities are brewing in the cosmos. Morgan Stanley predicts the space economy will grow from €355 billion in 2020 to over €1 trillion by 2030 — and competition for the rewards is fierce. The USA remains a celestial superpower, while China is emerging as a powerful challenger. Europe has historically lagged behind the …

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Values of European unicorns plunge amid sharp fall in public markets

Ecosystems, Insider, Investors and funding, Next Featured / Par

A rough year in public markets has taken a heavy toll on startups. According to new research, every unicorn in Europe that went public in 2021 has since shrunk in valuation. The losses follow record-highs for VC exit valuations in 2021. PitchBook, a financial data firm, attributed the downturn to a shrinking public market. The company found …

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