UK and Germany launch industrial tech corridor to accelerate AI and deeptech growth

Today sees the launch of an industrial tech corridor between Britain and Germany as the Prime Minister visits Berlin. The deal will drive companies on both sides of the North Sea to strike partnersh…

UK links London deep tech with West Midlands manufacturing in new Scaleup Pathway

The UK today launched a new Scaleup Pathway to enable the scaling of sovereign innovation and manufacturing. WestTech London and the West Midlands have joined forces to deepen the connection between …

Trace.Space launches Trinity to tackle hardware engineering’s next bottleneck

Trace.Space has launched Trinity, a hardware engineering platform aimed at helping robotics, aerospace, automotive, defence, and other hardware teams move from prototypes to products manufactured at s…

Stegra says needs extra capital for giant green steel plant, appoints Wallenberg executive as new CEO

Swedish green steel startup Stegra today saidit would need extra capital to finish construction of a giant green steelplant, as it appointed an executive with a key investor as its new CEO.Stegra said…

Cerebionics wants to turn human intent into commands for machines

Sometimes you hear about a startup doing something just so completely out of left field that you have to find out more. For me, that startup is Cerebionics. What started as Norwegian founder Agnessa P…

Lightspring raises €3.5M to tackle photonic chip manufacturing bottleneck

French company Lightspring today announced the close of a €3.1 million seed round led by Atlantic and OVNI Capital, with participation from Concept Ventures, Ixcore, Plug and Play Ventures, and indust…

CloudNC lands $20M to expand its AI software for precision manufacturing

London precision machining software company CloudNC has raised $20 million in new investment capital. Nimble Ventures leads the round, with participation from other investors including Calculus Ventur…

Jaipur Robotics raises €4.3M to bring computer vision to waste plants

Swiss industrial AI companyJaipur Robotics has raised €4.3 million in seed funding to expand its computervision and automation technology for waste-to-energy and other industrialplants. The round was …

Cummins joins Emerald Technology Ventures as LP to accelerate industrial innovation

Large US industrial and power technology company, Cummins, best known historically for making diesel engines, particularly for trucks and heavy machinery. has joined Emerald Technology Ventures as a L…

Lithuania’s LITILIT lands €8M to take femtosecond lasers into mass manufacturing

Vilnius-based femtosecond laser manufacturer LITILIT has received an €8 million loan from the Lithuanian National Development Bank ILTE. The company manufactures lasers based on patented technology t…