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Munich’s Telura exits stealth with €4M to make deep geothermal economically viable

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Telura has come out of stealth with €4 million and a bold claim: it can make deep geothermal economically viable almost anywhere on Earth. The problem with geothermal energy has never been the heat. The Earth’s core sits at roughly 5,000 degrees Celsius, and the thermal gradient beneath the surface is consistent enough that, in […]

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How an AI system beat experienced doctors at diagnosing rare diseases

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DeepRare, an agentic AI system integrating 40 specialised tools, outperformed medical specialists in identifying rare conditions in a head-to-head study published in Nature. For millions of people with rare diseases, the path to diagnosis is a labyrinth. Patients bounce between generalist GPs and specialists across years, sometimes decades, piecing together symptoms that fall outside textbook […]

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From a dragonfly’s wing to a WorldTour saddle

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Thomas Rettenwander was writing his doctoral thesis at Austria’s Montanuniversität Leoben when he first studied dragonfly wings in detail. Not for their beauty, but for their engineering. Dragonfly wings are a masterclass in structural minimalism: heavy fibres only where forces concentrate, a gossamer membrane everywhere else. Rettenwander spent years turning that biological blueprint into a […]

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Mutable Tactics raises €1.8 million in a pre-seed fund to develop drone automation with AI

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Mutable Tactics, a UK-based defense-tech startup, just raised €1.8 million in a pre-seed fund round to develop an AI software that enables drone team collaboration for autonomous operation and decision-making when communications are lost or unreliable. This software will improve the military intents by closing the decision layer between the human operator and the robot, […]

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PLD Space raises €180M Series C to scale Europe’s commercial launch capabilities

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Spanish launch company PLD Space, headquartered in Elche, has secured €180 million in Series C funding to accelerate production of its orbital rocket systems and expand global launch operations. The round includes strategic participation from Mitsubishi Electric alongside public and private investors such as CDTI Innvierte, COFIDES, and Nazca Capital. The funding aims to support […]

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Antiverse raises $9.3M Series A to scale AI-driven antibody discovery from Cardiff

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Cardiff-based Antiverse, a biotechnology company developing AI-powered therapeutic antibody discovery tools, has closed a $9.3 million Series A financing to expand its computational platform and advance lead programmes toward in vivo studies. The round was led by Soulmates Ventures with participation from Innovation Investment Capital, DOMiNO Ventures, and existing backers including DBW, Kadmos Capital and […]

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Outpost Bio raises $3.5M to build AI-driven models of human microbiology

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The microbiome, the vast, tangled ecosystem of bacteria, fungi and other microbes that live in and on us, is increasingly recognised as a major factor in health, nutrition and drug response. A new startup called Outpost Bio is trying to make that complexity easier to work with, and investors have just put money behind the […]

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Vodafone bets on Amazon’s satellites to reach places fibre can’t

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On the fringes of Mobile World Congress in Barcelona this year, Vodafone outlined a bet that feels both practical and a little ambitious: use satellites to solve one of mobile networks’ oldest headaches, how to connect towers that sit far from traditional infrastructure. Vodafone Group has agreed to use Amazon Leo, the low Earth orbit […]

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Europe’s Deep-Tech Paradox

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Europe does not suffer from a shortage of capital. What it lacks is the legal courage and analytical competence required to direct that capital toward the areas where it can create the greatest long-term value: SciTech startups. This gap shapes the entire continent’s innovation landscape, and Sweden is no exception. Even as Sweden is celebrated […]

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Proxima Fusion seeks €2 Billion to build a nuclear fusion test facility

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Proxima Fusion, a Munich-based nuclear energy startup, has outlined plans to raise about €2 billion to build a major fusion test facility in Germany that could be a milestone on the path to commercially viable fusion power. The company expects more than half of that, roughly €1.2 billion, to come from the German federal government, […]

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