Gapless, a Berlin-based blockchain startup, has received €5.5 million ($6m) seed financing round, led by a top blockchain developer’s investment vehicle. The FinLab EOS VC Fund, a joint project from FinLab and…
Belgian Port Workers to Wear COVID-19 Tech Bracelets
Europe’s second largest port will road-test special-made bracelets, as the continent tries to revive its economy amid the COVID-19 pandemic. A team of workers at the port of Antwerp, in Belgium, will…
Rolls Royce-led Alliance to Track COVID-19 Business Impact
British engineering firm Rolls Royce is leading a mammoth analysis of the impact of COVID-19 on businesses worldwide, as the country’s politicians ponder how best to equip the private sector for a…
Swedish Logistics Startup Instabox Wins $39m Finance Round
Swedish logistics outfit Instabox has secured a €36 million ($39m) financing round, as it looks beyond its Scandinavian home market. The company, founded five years ago by Alexis Prifitis, Johan Lundin and…
Mercedes Formula One Team Helps Develop Breathing Aids
A team of experts—including clinicians at the Mercedes Formula One racing team—has developed a breathing aid that can keep Coronavirus patients out of intensive care units. The Continuous Positive Airway Pressure (CPAP)…
Bosch Claims Invention of 2.5-hour COVID-19 Test
Bosch claims it has invented a fully-automated test that diagnoses respiratory pathogens, including COVID-19, in under two-and-a-half hours. The test, working on Bosch Healthcare Solutions’ Vivalytic analysis device, can be performed directly…
UK Urges Corona Tech Togetherness, Ahead of “Digital Dunkirk”
Downing Street, the residence of British Prime Minister Boris Johnson, teemed with tech luminaries on Wednesday night, as the UK leader urged companies to provide resources to contain the COVID-19 outbreak. The…
UK Outlines $1bn “Blue Skies” Tech Fund to Rival US and China
The British government has announced plans for a $1 billion (£800m) moonshot tech-funding agency, that it hopes will help the country compete with China and the United States beyond Brexit. Chancellor Rishi…
RTP Global Launches $650m Early-stage Fund
Russian investment firm RTP Global has announced a $650 million early-stage fund – its biggest to date by far. The Moscow-headquartered company will plough its cash into startups in Europe, North America,…
Speedinvest Raises $206m Fund for “Deep Tech” Investments
European investment firm Speedinvest, which focuses on seed-stage startups, has closed a €190m ($206m) fund, with which it will target a number of “deep tech” outfits working across different verticals. The company,…