Web design news

• Cultivating giants: How nurturing university spinouts fuels innovation ecosystems

  11-07-2024 14:46 via thenextweb.com
  
  Innovation thrives at the intersection of academia and entrepreneurship. Universities serve as breeding grounds for startups poised to disrupt industries with their novel ideas and cutting-edge technologies.  Yet, the path from academic breakthroughs to commercial success is laden with challenges, particularly for DeepTech companies with extended development timelines and hefty capital requirements. Here, venture capital emerges as the indispensable catalyst. Venture funds play a pivotal r
  
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• Military AI startup Helsing raises €450M, plans to protect NATO’s border with Russia

  11-07-2024 12:41 via thenextweb.com
  
  Military AI startup Helsing has raised a whopping €450mn at a reported valuation of €5bn. The German company said the war chest will fund security for NATO’s Eastern Flank. Founded in 2021, Helsing has rapidly grown into one of Europe’s defence tech leaders. It’s now also among the continent’s most valuable AI startups. This rapid rise has coincided with increasing alarm about Russia’s threat to Europe. Since the full-scale invasion of Ukraine b
  
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• Oxford Ionics doubles performance of previous quantum chip world record

  11-07-2024 10:00 via thenextweb.com
  
  UK-based startup Oxford Ionics today announced a significant achievement for its ion-trapped quantum processors, demonstrating over twice the performance of the previous world record — without using error correction.  While not providing exact numbers, Oxford Ionics says it used “10x less” qubits than its competitors, and set the performance record for both single-qubit and two-qubit gate operations. Furthermore, its chips can be manufactured in existing semiconductor fac
  
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• New hope for European tech? VC funding rises to $29B in first half of 2024

  11-07-2024 01:01 via thenextweb.com
  
  Whisper it, but startup funding is showing signs of a rebound. Venture capital investment in Europe has risen by 12% so far in 2024, according to Dealroom. By June, the financing for startups and scaleups had reached $29.3bn. If the current spending rate continues, this year will become third-most active ever for VC in the continent. The leading industry for investment is energy, which raised $5.6bn during the first half of 2024. This continues a trend from last year, when energy companies topp
  
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