Norwegian software firm Visma has provisionally picked London for its IPO next year. It could mark a rare win for the UK’s troubled stock market — if Downing Street pulls through on its promised reforms.  British private equity firm Hg acquired a 70% stake in Visma in 2006 at a £380mn (€445mn) valuation. The company, which makes accounting, payroll, and HR software products, is now worth an estimated €19bn.  Visma previously considered listing in Amsterdam but has since turned its sights to the British capital, according to the Financial Times.  Its IPO would run counter to the recent trend of…

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ASML’s former CEO believes Donald Trump’s reelection presents a golden opportunity for Europe. Peter Wennink, who led ASML to become the continent’s most valuable tech company, sees a chance for other businesses to thrive by embracing collaboration as the US shifts toward isolationism. “Mr Trump could be the best thing that ever happened to Europe… I think people have woken up,” Wennink said at TNW Conference on Friday. He now wants the continent to seize the moment by replicating a pillar of ASML’s success: open ecosystems. During over a decade as CEO, Wennink oversaw the company’s rise to a €250bn…

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Europe’s best-funded space tech firm, Isar Aerospace, plans to strengthen the continent’s access to orbital satellites after raising €150mn to expand its launch service. Daniel Metzler, Isar’s CEO and co-founder, said the investment reflects “strong confidence” in the company’s mission to become a new European space leader. “We are catering to the rising global demand for satellite launch services and provide global markets and governments with independent and flexible access to space,” he said.  Founded in 2018 as a spin-off from Technical University Munich, Isar aims to lower the cost and complexity of launching small to medium-sized satellites by offering…

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Ethics-focused phone makers Fairphone and Murena have unveiled their latest collaboration: the Murena Fairphone (Gen 6), a smartphone that pairs repairable hardware with privacy-focused software.  The release coincides with the launch of the Fairphone 6, which runs on Android. The Murena edition swaps Google’s ecosystem for /e/OS, an open-source operating system designed to minimise data collection.  The new device builds on the foundation laid by the Murena Fairphone 5, which promised a 10-year lifespan and a higher bar for sustainable electronics.  The Murena Fairphone 6 comes with an /e/OS operating system that promises better privacy over Android or Apple. Credit:…

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It is a common assumption that quantum computing is a long-term bet that may take at least a decade to turn a profit. But that’s not always the case.  At TNW Conference in Amsterdam last week, Jan Goetz, co-founder and co-CEO of Finnish quantum startup IQM, revealed his company began earning revenue much earlier — by taking a page from SpaceX’s funding playbook. “When we started, it was a classic deep tech case, and people thought revenue would be five to 10 years out,” Goetz said. “No, that’s stupid. You can make money already with these very early-stage machines.” Rather than…

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