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Broadband Startup Isotropic Systems Gets $42m Injection from Aerospace Heavyweights

February 8, 2021

British broadband terminal startup Isotropic has won a $42 million funding round, which it says brings the firm closer to its first commercial product rollout. The round, led by satellite company SES,…

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Germany’s Auto Giant Switches Focus to China NEV Market

January 12, 2021

Volkswagen, Germany’s largest company, knows where its future lies. The Wolfsburg-based giant, with quarterly revenues of $69 billion, has committed $91bn to electric vehicles (also shortened to NEVs, or new energy vehicles)…

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Better Dairy Wins $2.2m to Scale its Animal-Free Dairy Produce

December 20, 2020

London-based Better Dairy, a startup using fermentation technology to produce dairy proteins, has secured a $2.17m to continue researching its solution and bring products to market by 2022. The seed round was…

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Germany Blocks China Satellite Buy, Steps Up Corporate Defenses

December 13, 2020

Last week Germany blocked the sale of a satellite and radar firm to a Chinese state-backed buyer, the latest in a cooling of corporate relations between the two countries. China Aerospace and…

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Israeli Tech Funding Booms in Pandemic’s Wake

December 8, 2020

Israel’s tech industry has received 23% more funding in 2020 than last year, as the world has clamored for its high-tech solutions. The rise, which follows a global boom in tech funding…

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EC Premier von der Leyen: Europe will “Rewrite” Tech Regulation Rulebook

December 2, 2020

European Commission President Ursula von der Leyen has opened the Web Summit event by pledging to overhaul the way Brussels regulates the tech industry. Speaking on the first day of the influential…

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Russian Banking Giant Sber Makes Massive Pivot to Tech

November 30, 2020

Sberbank, Russia’s largest bank and the 33rd-biggest on earth, has made a huge pivot to tech, as it bids to revamp its image for the digital age. Today the Moscow-headquartered firm inaugurated…

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Dyson to Kick Off $3.7bn Tech Spending Spree

November 27, 2020

British appliances firm Dyson says it will invest an extra £2.75bn ($3.67bn) in new technology over the next five years, as it aims to double the number of products it sells. The…

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Milan’s Kampaay Wins $689,000 for Digital Events Platform

November 23, 2020

Italian startup Kampaay, a platform that streamlines event organization, has won a €580,000 ($689,000) funding round to expand its solution. The firm, founded out of Milan’s Politecnico university, hooks events planners up…

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Belgium’s Astanor Ventures Raises $324m for Europe’s Biggest Impact Fund

November 20, 2020

Astanor Ventures, a Brussels-based venture capital firm, has raised €273 million ($324m) for a fund aiming to “revolutionize the food and agriculture sector.” The company will invest its newfound cash exclusively in…

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