Paul Sawers
The U.K.’s Competition and Markets Authority (CMA) has provisionally cleared the proposed $7.3 billion merger between London-based satellite company Inmarsat and its U.S. rival Viasat.
The two companies, which offer myriad satellite services spanning everything from in-flight Wi-Fi to military use-cases, first announced their merger plans back in November,...
Temporal, an open source microservices orchestration platform used by companies, including Netflix, Snap and Comcast, has raised $75 million from a slew of high-profile investors including Sequoia Capital and Greenoaks.
The startup has also maintained its coveted unicorn status with a valuation of “just over” $1.5 billion, despite some...
StudentFinance, a European fintech that funds educational programs for individuals through so-called income share agreements, has raised €39 million ($41 million) in a Series A round of funding.
Founded out of Spain in 2019, StudentFinance partners with educational institutions such as Ironhack and Le Wagon to help finance those looking...
HMD Global, the Finnish phonemaker and inheritor of the Nokia mobile phone brand, has revealed plans to transition some of its manufacturing to Europe.
The company said the move is designed to meet a “surge in customer demand” for locally-produced devices, due in part to security and sustainability concerns...
The European Commission (EC) has issued a directive requesting all EC employees to remove TikTok from their corporate devices. The suspension also extends to workers’ personal devices where they are used for work purposes.
In an announcement issued today, the commission said that the move was made on security...
U.K.-based Amadeus Capital Partners and Austria’s Apex Ventures are pooling their collective venture capital (VC) resources for a new fund specifically targeted at early-stage deep tech startups.
The duo have raised an initial €28 million ($30 million) for the Amadeus Apex Technology Fund, with plans to close it out...
AeroCloud, a cloud-native airport management software startup used by dozens of airports across the world, has raised $12.6 million in a Series A round of funding.
Founded out of Chester, U.K., in 2019, AeroCloud says that it’s already working with Manchester and Eindhoven airports in Europe, while in the...
U.K. quantum computing company Quantum Motion has raised £42 million ($50.5 million) in an equity round of funding led by Bosch Ventures (RBVC), with participation from Porsche, the U.K. government’s National Security Strategic Investment Fund (NSSIF), and a host of additional investors.
Quantum computing, for the uninitiated, builds on...
Web3 gaming company Unagi today announced a €4.7 million ($5 million) seed round of funding, as the French startup prepares to expand its NFT fantasy sports platform beyond football (“soccer”) and into the basketball realm.
Unagi, which doesn’t yet have its own website, was founded out of Paris by...
Natural language processing (NLP), while hardly a new discipline, has catapulted into the public consciousness these past few months thanks in large part to the generative AI hype train that is ChatGPT. Alongside other NLP models such as Hugging Face’s Transformers, and Google’s LaMDA which is set to...
