The European Commission has announced the results of the second round of Women TechEU a programme designed to help women-founded deep tech startups scale. The round, which has a budget of 10m, saw applications from 467 women-founded deep tech startups from across Europe, 134 of which have been selected to participate. It follows on from a successful pilot in 2021 which featured 50 startups. The startups selected for the second round will now each receive an individual grant of 75,000. The female founders will also be offered mentoring and coaching under the European Innovation Council (EIC) Women Leadership Programme,…

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This story is syndicated from the premium edition of PreSeed Now, a newsletter that digs into the product, market, and founder story of UK-founded startups so you can understand how they fit into whats happening in the wider world and startup ecosystem. The burgeoning industry around space technology is based heavily on hardware, but the materials that hardware is built from need to undergo rigorous testing on Earth before theyre sent out into orbit and beyond. Space DOTS is a startup that wants to transform material testing in the space industry by skipping the tests down here, and sending the…

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Under the European Unions new Digital Markets Act (DMA), which aims to increase competition, large online platforms, including Apple, must open up their devices to third-party app stores. The DMA also requires these online platforms to permit sideloading, i.e., letting users install software that they download from the Internet. These platforms have until 2024 to comply with the DMA. Passed in 2022, the goal is to prevent dominance of so-called gatekeepers within the market and ensure a level playing field for all EU businesses. In particular, EU regulators have been concerned about the advantage Apple currently has in the market…

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The ESAs Jupiter Icy Moons Explorer mission Juice successfully launched today from Europes spaceport in Kourou, French Guiana. The launch was supposed to take place yesterday but was postponed due to poor weather conditions. Today, the stars aligned and Juice was successfully blasted into orbit at approximately 14:19 CEST. It took only two minutes for the Ariane 5 rocket to transport Juice into space, shortly after which it separated from the satellite, which now begins its 8-year journey to Jupiter. Juice will make the 6.6 billion km trip to study three of Jupiters 92 known moons: Ganymede,…

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Anyone who has ever experienced phantom ringing in their ears knows that it is a nuisance to say the least. Those who have tinnitus hearing continuous ringing, buzzing, humming or even roaring sounds often experience anxiety and depression as a result. The condition affects approximately 15% of the global adult population. However, treatment has remained elusive, with those afflicted left to find their own ad hoc mitigation solutions. Neuromod, a medtech startup from Ireland, is looking to change that. The company has just received 30 million in funding to further commercialise its tinnitus treatment device, Lenire. A different…

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Intels plan to construct a massive chip plant in Magdeburg, Germany, is arguably the centrepiece of the EUs strategy to ramp up domestic production of semiconductors. But cash flow has proven to be a major stumbling block for the mega-project. Intel attributes this to rising costs, partly a result of Russias invasion of Ukraine. To close the funding gap, last month, the US semiconductor giant requested an additional 4-5 billion euros in subsidies to construct the plant. But German officials want Intel to meet them in the middle they will consider boosting subsidies, but only if the company is…

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Seeking to modernise the UKs energy system and maximise the potential of renewables, the British government has awarded 30 million to three pioneering companies to develop new energy storage technologies. According to the government, accelerating the uptake of these technologies will not only save billions of pounds in energy costs, but also help balance the National Grid, and increase the countrys energy security. The funding will help the businesses test and prepare their technology for the market, encourage private investment, and create new jobs across the UK. The selected companies are the following: Invinity Energy Systems The battery maker will…

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Fossil-free though it may be, hydropower comes with its specific set of challenges. It has a high initial cost, and can often be invasive and destructive to local communities and biodiversity. Furthermore, it will, in all likelihood, become increasingly susceptible to droughts. But what if we could harness the power of the oceans themselves? This is what Scotland-based Orbital Marine Power is aiming to do with its 2MW+ O2. Its developers say it is the worlds most powerful tidal turbine under commercial operation and a result of 15 years of refinement. Now, Orbital has just won an Option Agreement from…

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Oh, to be an innocent young techie in the 90s again. Merrily downloading Metallica albums from Napster, joyriding from birds eye views in GTA 1, and praying that 30-second porn clip would buffer before mom got home in four hours. It was a golden era I mean, thats what my friend told me. One thing we both enjoyed, however, was the magical world of Winamp. A skeuomorphic design resembling shelf stereos, gorgeous visualisations that matched audio frequencies, cutting-edge features like the colour-changing volume slider and the customisations. Oh, the customisations. Not only were there endless skins to transform the…

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More Articles ...

  1. Italys new rules for ChatGPT could become a template for the rest of the EU
  2. Watch LIVE: ESAs Jupiter-bound space mission is launching today
  3. Europe surpasses US in private spacetech investment for first time, report finds
  4. Announcing TNW Conference 2023: Reclaim the future
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