Virgin Galactic, Richard Branson’s space tourism company, is to go public by merging with the special purpose acquisitions company (SPAC) Social Capital Hedosophia. Virgin Galactic will raise around $800 million from the…
Acast Secures $33m Series C Funding Round
Swedish podcast startup Acast has won a $33 million Series C funding round, as it continues to spearhead innovation in the burgeoning podcast industry. The round, led by compatriot investment vehicle AP1,…
Berlin’s Factory Teams Up with NUMA to Turbocharge Silicon Alley Startup Scene
Factory, which bills itself as “Europe’s largest innovation community”, has announced a strategic partnership with NUMA Berlin, the German capital’s wing of a global network of challenges and innovation training platforms. The…
After 2017’s “Cowboy” Crypto Era, Iceland’s Miners Look Forward to a Divested Future
Last December, as bitcoin reached its highest price, Advania, Iceland’s largest data center provider, struggled under the weight of demand from foreigners desperate to tap into the country’s unique, crypto-friendly metrics. “We…
Confusion Reigns, As EU’s “Meme-Killing” Law Passes
This week the European Union voted in Articles 11 and 13, its new copyright directive some have dubbed the “war on memes”. It had already rejected one version of the laws in…
Adzooma Partners with Google for SME Digital Ad Expansion
Nottingham-based advertising platform Adzooma has partnered with Google, cementing its place in the digital agency landscape two months after receiving investment from British billionaire betting magnate Fred Done. The news allows Adzooma…
Berlin’s ReDI School Helps Women Migrants Get a Foothold in Tech
When Edlira Kasaj joined the ReDI team, in Berlin, she was instantly struck by the city’s informality, and its color. Her previous roles, promoting business in the UK, Italy and her home…
Iceland’s ‘Big Bitcoin Heist’ Showed How Strong the Country’s Crypto Economy Really Is
It was a story that seemed like it was pulled straight from pulp fiction: a developer and smalltime criminal steals 600 Bitcoin mining units, and escapes on a plane alongside his country’s…
Uber’s London License Appeal Begins Today
Uber’s appeal to overturn a ban on its operation in London begins today. The hearing, which opens at Westminster magistrates court, is expected to last several days, and represents the latest chapter…
Supercars and Startups: How Italy and Israel are Forging Closer Ties
Italy is a nation of iconic, world-beating industry, from food and fashion to cars and household appliances. But despite its size – Italy is the third largest economy in the eurozone, and…