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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…
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)…
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…
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…
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…
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…
Polestar has successfully charged its upcoming EV model in just 10 minutes. The Swedish car maker achieved the feat using a “silicon-dominant” battery built by Israeli startup StoreDot. Polestar installed…
Our understanding of the challenges women face in the startup ecosystem is limited. Past research has focused on overt negative sexist attitudes that question women’s competence and suitability for entrepreneurship.…
In 2022, over 20,000 Lithuanians returned to their country of birth from abroad. A high quality of life coupled with a booming entrepreneurial ecosystem and a collaborative mentality has contributed…
DeepL, which has been rivalling machine translation giants such as Google Translate and Microsoft Translator, has launched an AI writing assistant tailored for businesses. Dubbed DeepL Write Pro, the product…
British cybersecurity flag bearer Darktrace is set to leave London’s stock market after agreeing a £4.3bn sale to US private equity firm Thoma Bravo. Shareholders will have to approve the…
Time and again, leading scientists, technologists, and philosophers have made spectacularly terrible guesses about the direction of innovation. Even Einstein was not immune, claiming, “There is not the slightest indication…