A warming world will — and is already having — a profound impact on the things we all depend on: shelter, food, water, energy, medicine. Most nations have committed to drastic cuts in greenhouse gas emissions to dial back the planet’s thermostat.  But true sustainability is not just about emissions. We will need to transform the way all industries operate — from agriculture to transport and health — to meet the SDGs. The great green transition necessitates innovation. It calls for new, clean technologies and the scaling of proven ones. It requires industry leaders, disruptive innovators, and ambitious startups to…

This story continues at The Next Web

German “teledriving” startup Vay has secured €34mn from the European Investment Bank (EIB).   In January, Vay launched a commercial remote-controlled car service in Las Vegas. Now it wants to roll out the technology on its home turf. In 2023, the company successfully conducted test drives without a safety driver on public roads in Hamburg. Vay says it has been working closely with authorities to launch a commercial service in the German city.  “This investment will play a crucial role in strengthening the confidence and trust that EU regulators, partners and consumers have in Vay, paving the way for the commercial…

This story continues at The Next Web

In November 2023, violent Atlantic storm “Domingos” struck the northern coast of Portugal, generating record-high waves and leaving a path of destruction across much of Western Europe.  People on land were grappling with flooded homes, closed roads, and landslides. But just offshore, a potentially game-changing wave energy device was happily bobbing up and down, side to side — seemingly, in its element.  Built by Swedish startup CorPower, the giant golden buoy turns the raw power of the ocean into a clean, reliable electricity source. CorPower claims its tech is at least five times more efficient than the previous state-of-the-art. “We’ve…

This story continues at The Next Web

Stockholm-based node.vc has closed a €71mn fund to back early-stage startups in the Nordics. “The Nordic tech ecosystem is thriving, especially in areas like AI, gaming, fintech, and climate tech,” John Elvesjö, managing partner at node.vc, told TNW. “We’re seeing experienced talent, particularly from companies like Klarna, Spotify, Voi, Kry, and Pleo, stepping up to become founders,” Elvesjö said. The devaluation of employee stock options and increasing layoffs have sparked “fresh entrepreneurial energy,” he added. The fund is sector-agnostic. This means that any startup with “innovative technology” can apply. The size of initial investment per company will be around €1-2mn,…

This story continues at The Next Web

 Welcome to the new episode of the TNW Podcast — the show where we discuss the latest developments in the European technology ecosystem and feature interviews with some of the most interesting people in the industry. In today’s special episode, we’re happy to present an interview with Anita Schjøll Abildgaard, co-founder and CEO at Iris.ai. The startup has been around for almost a decade and saw several significant pivots, while Anita and the team have been through all the highs and lows imaginable, including balancing on the brink of bankruptcy. Anita and Andrii talked about it all, as well…

This story continues at The Next Web