• Embracing pivots: insights from a nanotech startup founder

    Embracing pivots: insights from a nanotech startup founder
    Any startup is looking to solve a problem. Sometimes, it is not the one you first envisioned when you set up the company, as Mari-Ann Meigo Fonseca, co-founder of Tallin-based Gelatex can attest. Gelatex manufactures 3D nanofibrous scaffolds for various applications, ranging from cell culture to tissue engineering. “But we started the company with a completely different business idea in mind,” Meigo Fonseca tells TNW. Initial target: the textile industry Building a company is often
  • Iceland’s sonic simulator Treble wants to build ‘a better sounding world’

    Iceland’s sonic simulator Treble wants to build ‘a better sounding world’
    Iceland has a proud tradition in acoustics. The island has given birth to some of the most mesmerising soundscapes from artists over the past decades.  Björk, Sigur Ròs, Ólafur Arnalds — all have been inspired by the otherworldly settings of their home country’s ambience to create their own sublime sonic landscapes.  Keeping up the acoustic adventures where the Atlantic and Arctic oceans meet is Treble Technologies. The Reykjavik-based sound simulation a
  • The Dutch are having none of Clearview AI harvesting your photos

    The Dutch are having none of Clearview AI harvesting your photos
    GDPR fines keep amassing for Clearview AI — a US-based startup known for its thorough (and potentially perilous) facial recognition services. Following similar measures by data protection authorities in France, Italy, and Greece, the Netherlands’ DPA today hit Clearview with a €30.5mn fine for its “illegal” database of photos. This brings the company’s total fines in the EU to €90.5mn. Clearview offers its facial recognition solutions to intelligence and
  • HP pursues $4B in damages from family of deceased tech billionaire Mike Lynch

    HP pursues $4B in damages from family of deceased tech billionaire Mike Lynch
    Only two weeks after Mike Lynch and his daughter Hannah died in a superyacht accident off the coast of Sicily, Hewlett Packard Enterprises has vowed to press ahead with a high court lawsuit against the family of the late British tech entrepreneur. The Silicon Valley giant said in a statement it would follow the legal proceedings “through to their conclusion.” The firm is seeking damages of up to $4bn. HP’s case pertains to its $11bn acquisition of Lynch’s startup, Autono
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  • Europe’s semiconductor sector calls for immediate ‘Chips Act 2.0’

    Europe’s semiconductor sector calls for immediate ‘Chips Act 2.0’
    ESIA, the association representing Europe’s semiconductor industry, has called for an “immediate Chips Act 2.0” — if the bloc is to maintain momentum in the global race for technological leadership. The group comprises major chipmakers such as NXP and Infineon as well as research organisations including imec and Fraunhofer. The EU’s Chips Act entered into force in September 2023. It aims to mobilise €43bn in public and private investments that will the help th
  • 2 very common mistakes founders make that can kill your startup

    2 very common mistakes founders make that can kill your startup
    It takes a special kind of person to decide to found a startup. The long hours require energy, devotion, and continuous motivation. In the beginning, you need to be a jack of all trades, able to understand and jump on parts of the business you may not be familiar with, until you have the capital to hire people who are better at those tasks. But founders are human just like the rest of us. Although they may seem superhuman at times, weaving through discussions on product development, marketing,

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