Europe has the ambition to reach space on its own. What it lacks is rockets that work. Isar Aerospace has just raised €270mn to fix the first problem, and in less than a week it gets another chance to fix the second. The Munich startup, one of Europe’s…
Cheap flights and fast Wi-Fi have rarely gone together, and Europe’s budget airlines have had a good excuse: the maths has not added up. Wizz Air is betting that is about to change. The Hungarian ultra-low-cost carrier said on Monday it will offer Star…
The US has found a new use for Europe’s swelling defence budgets: tearing out Huawei. Whether its allies are listening is another matter. The State Department’s China coordinator, Joshua Young, told officials in Brussels last month that NATO members sh…
Bending Spoons does not build many apps. It buys them, fixes the finances, and runs them. Now it wants Wall Street to buy a piece of the machine. The Milan-based group behind Evernote, WeTransfer, and Vimeo has filed for a US initial public offering, s…
Germany has no shortage of heat pumps on paper. What it lacks is a way to get them sold, installed, subsidised, and paid off without the whole thing falling apart somewhere in the middle. GALVANY, a Berlin startup that runs the entire heat-pump journey…
Audi has revealed the Nuvolari, the fastest and most powerful production vehicle in its history. The hybrid supercar produces 1,001 PS (736 kW) from a 4.0-litre V8 biturbo paired with three axial flux electric motors. Only 499 will be built, starting a…
Swiss cleantech startup GR3N has raised €15.5 million in a Series B round to build the world’s first commercial-scale microwave-assisted PET recycling plant. The round was led by 360 Capital, with new investor VP Textile also participating. The proceed…
Vlad Yatsenko was Revolut’s first employee. He joined before CEO Nik Storonsky had even launched the company. Storonsky later gave him the title of co-founder, not because he had co-founded the business in the conventional sense, but because, as Storon…
More than a year after Belgian prosecutors asked the European Parliament to lift the immunity of four lawmakers suspected of taking bribes from Huawei lobbyists, the Parliament has voted to keep those protections in place, Politico reported. The decisi…
When the Trump administration sanctioned the International Criminal Court’s top prosecutor earlier this year, Microsoft cancelled his email account. The incident was brief and bureaucratic. It was also, for European policymakers, clarifying. If a singl…