The Next Web

British scaleup Tokamak Energy has secured $125mn as it looks to harness fusion — the same clean, virtually limitless energy source that powers the Sun and stars.  Tokamak spun out from the UK’s Atomic Energy Authority in 2009. As its name suggests, the company is building a tokamak reactor, […]

For the past few months, Meta has been sending recipes to a Dutch scaleup called VSParticle (VSP). These are not food recipes — they’re AI-generated instructions for how to make new nanoporous materials that could potentially supercharge the green transition.  VSP has so far taken 525 of […]

Dawn Aerospace has flown its rocket-powered aircraft past the speed of sound, the latest milestone on its path to its first commercial flights. During the test, which took place on New Zealand’s South Island, the startup’s Mk-II Aurora aircraft reached Mach 1.1 and an altitude of 25 kilometres. […]

Two years ago, the minds behind Testing for All — a Covid-era at-home testing service — launched a new startup. But instead of those dreaded antigen tests that make you feel like you’re trying to tickle your brain with a cotton swab, the company delivers something much more comforting: a […]

London-based startup Gendo has secured €5.1mn amid booming demand for its generative AI software built for architects.  British architectural designer George Proud and software engineer Will Jones founded Gendo in 2022. The platform transforms simple inputs like sketches, 2D drawings, or text […]

Zurich-based venture capital firm Founderful has raised $140mn in its second fund — $20mn more than its target and a strong sign of investor confidence in Switzerland’s flourishing tech ecosystem.   First announced back in February, the fund has already invested in 15 early-stage startups. […]

American wearables firm Realwear has acquired Swiss augmented reality (AR) startup Almer Technologies.  Almer’s AR headset — the Arc-2 — overlays digital information onto the wearer’s field of view, allowing them to access real-time data, instructions, or assistance from an engineer seated […]

German tech darling DeepL has (finally) launched a voice-to-text service. It’s called DeepL Voice, and it turns audio from live or video conversations into translated text.  DeepL users can now listen to people speaking a language they don’t understand and automatically translate it to one […]

Amsterdam-based startup Sympower has secured €21mn as it looks to scale its grid-balancing technology. Sympower partners with businesses that use a large amount of electricity. It gains access to some of their energy assets and can turn them on and off when the grid requires balancing — a […]

In 1991, Sony brought the first rechargeable lithium-ion battery to market. The unique chemistry proved a game-changer in energy storage. Today everything from EVs to smartphones depends on it, with demand skyrocketing.  But lithium is rare, most of it comes from unstable markets outside […]