This week in Dutch tech
Friday is here and so is TNW’s weekly round-up of tech news from our glorious home country. This week saw advances in medtech, quantum breakthroughs, and calls to further boost…
Uber rival Bolt secures €220M in prep for IPO
Estonian mobility startup Bolt has secured a €220mn credit facility as it plans to go public next year. This type of financing is a more flexible loan option, which allows…
Deeptech VC raises €300M in push for ‘semiconductor supremacy’
Flemish venture capital firm Imec.xpand has raised €300mn to invest in deeptech startups. The VC is a spinoff from Leuven-based Imec, one of the world’s largest microelectronics research institutions. The…
AI-powered ‘deep medicine’ could transform healthcare in the NHS
Today’s NHS faces severe time constraints, with the risk of short consultations and concerns about the risk of misdiagnosis or delayed care. These challenges are compounded by limited resources and…
Europe is falling behind in the race to develop space-based solar power
When the EU approved the European Green Deal in 2020, the bloc unveiled a plan to lead the clean energy transition. Yet it has since faced growing competition from both…
This tech investor will pay Ukrainian farmers to trap carbon in their soil
Lithuanian climate investment firm HeavyFinance has added over 700,000 football pitches-worth of farmland in Ukraine to its soil carbon credit programme. Modern agriculture has taken its toll on soils. Centuries…
As Kubernetes turns 10, experts predict the future of cloud-native
In June, Kubernetes celebrates its tenth birthday. The system is now so widely used by hundreds of thousands of companies worldwide to scale their applications to meet demand it’s hard…
Dutch minister fears ‘national security risk’ from Chinese ownership of Anteryon
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…
Dutch startup to bring robotic blood drawing to hospitals
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…
New AI technique detects money laundering via cryptocurrencies
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…
TNW Podcast: Alexandra Balkova on the state of VC; AI compute for everyone
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…
Vinted posts first-ever annual profit after 61% revenue growth in 2023
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…