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- Dutch minister fears ‘national security risk’ from Chinese ownership of Anteryonby Thomas Macaulay on 1 May 2024 at 17:19
Another Dutch tech firm has been caught in the simmering tensions between the West and China. Amid growing calls to curb Chinese access to chipmaking equipment from ASML, a Dutch minister has raised a separate alarm about the sale of Philips spinoff Anteryon. Although the digital-optics developer […]
- Dutch startup to bring robotic blood drawing to hospitalsby Ioanna Lykiardopoulou on 1 May 2024 at 15:48
Utrecht-based Vitestro has raised €20mn to bring its robotic blood drawing device to market. Founded in 2017, Vitestro aims to improve the blood draw experience for patients and address personnel shortages in healthcare — where the demand for skilled laboratory professionals is growing at a […]
- New AI technique detects money laundering via cryptocurrenciesby Thomas Macaulay on 1 May 2024 at 15:07
Blockchain is often criticised as a solution in search of a problem. But one group of people has already found immense value in the tech: money launderers. Their crimes cause painful headaches for financial institutions, crypto businesses, legitimate law enforcement agencies, and […]
- TNW Podcast: Alexandra Balkova on the state of VC; AI compute for everyoneby Andrii Degeler on 1 May 2024 at 10:45
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 today’s episode, Linnea and Andrii talk about the availability of AI […]
- Vinted posts first-ever annual profit after 61% revenue growth in 2023by Ioanna Lykiardopoulou on 30 April 2024 at 15:08
Vinted, the popular online marketplace for second-hand fashion, has announced its first-ever annual profit. The milestone follows a strong 2023, reaching €596.3mn in revenue — a 61% increase compared to the previous year (€370.2mn). With an adjusted EBITDA at €76.6mn, Vinted turned a […]
- Dutch startup to test hearing via brain-computer interfaceby Ioanna Lykiardopoulou on 30 April 2024 at 13:06
MindAffect, a Netherlands-based healthtech startup, has raised €1.1mn to bring its hearing diagnostics technology to market. A spinout from Radboud University, MindAffect has developed a patented brain computer interface (BCI) technology, which enables diagnosis of hearing impairments using brain […]
- Vega-C rocket to launch Europe and China’s first entirely joint space missionby Siôn Geschwindt on 30 April 2024 at 12:30
The European Space Agency (ESA) has secured a ride for its solar wind satellite. The Solar wind Magnetosphere Ionosphere Link Explorer — or Smile for short — will blast into space aboard a Vega-C rocket. The launch is scheduled for late 2025 from Europe’s spaceport in French Guiana. […]
- French startup bags €2M to make cancer clinical trials more accessibleby Ioanna Lykiardopoulou on 29 April 2024 at 14:48
Paris-based Klineo has raised €2mn for its AI platform that facilitates access to cancer clinical trials. Klineo’s platform connects doctors and patients directly with relevant clinical trials. It provides trial search, contact with medical centres, as well as real-time updates and […]
- OpenAI to train LLMs on Financial Times content — with permissionby Siôn Geschwindt on 29 April 2024 at 14:01
The Financial Times (full disclosure — the owners of The Next Web) have inked a deal with OpenAI. The American firm will use the British publisher’s content to train its generative AI models. The deal is the latest in a string of new partnerships between OpenAI and global news publishers like […]
- New UK cybersecurity law will make weak passwords a thing of the pastby Ioanna Lykiardopoulou on 29 April 2024 at 11:35
Under the UK’s new cybersecurity law, consumer smart devices can no longer allow the use of weak, easy-to-guess passwords, such as “admin” or “12345.” This is part of a set of minimum-security standards the UK is requiring to protect consumers from hacking and cyberattacks. The law covers […]