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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 the Dutch chip industry. Our highlights have you covered, but we’d also love to hear your thoughts on the local ecosystem. Drop us a line if you want to showcase your startup,...

Fri May 3, 2024 19:01
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 a business to withdraw and repay funds as needed, on an ongoing basis. Kind of like a credit card for companies.  The credit facility  provides Bolt  “with additional flexibility...

Fri May 3, 2024 17:52
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 new fund targets  AI, semiconductors, nanotechnology, photonics, and quantum computing. It will also invest in startups working on new ways to...

Fri May 3, 2024 15:12
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 overstretched staff that results in protracted patient wait times and generic treatment strategies. Staff can operate with a surface level view of patient...

Thu May 2, 2024 22:25
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 China — which has quickly and quietly buried Europe’s solar panel industry and is now taking aim at its EV market — and the US, which under the Biden administration took an about-face...

Thu May 2, 2024 16:47
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 of plowing, cutting, and overgrazing has made land less fertile. This has also released billions of tonnes of CO2 into the atmosphere.   HeavyFinance...

Thu May 2, 2024 13:15

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