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British scaleup Tokamak Energy has secured $125mn as it looks to harness fusion — the same clean, virtually limitless energy source that powers the Sun and stars.  Tokamak spun out from the UK’s Atomic Energy Authority in 2009. As its name suggests, the company is building a tokamak reactor, the most common kind of fusion design, first pioneered in the 1960s. Tokamaks use giant magnets to keep plasma moving in a loop while running an electrical current through it.  The funding brings the company’s total raised to $335 million, comprising $280m from private investors and $60m from the UK and…

For the past few months, Meta has been sending recipes to a Dutch scaleup called VSParticle (VSP). These are not food recipes — they’re AI-generated instructions for how to make new nanoporous materials that could potentially supercharge the green transition.  VSP has so far taken 525 of these recipes and synthesised them into nanomaterials called electrocatalysts. Meta’s algorithms predicted these electrocatalysts would be ideal for breaking down CO2 into useful products like methane or ethanol. VSP brought the machine’s predictions to life using a nanoprinter, a machine which vaporises materials and then deposits them as thin nanoporous films. Electrocatalysts speed up…

Dawn Aerospace has flown its rocket-powered aircraft past the speed of sound, the latest milestone on its path to its first commercial flights. During the test, which took place on New Zealand’s South Island, the startup’s Mk-II Aurora aircraft reached Mach 1.1 and an altitude of 25 kilometres. Dawn said this marks the first time a civil aircraft has flown supersonic since Concorde.  The feat comes after Aurora hit Mach 0.92 in August, which, at the time, was three times the speed and five times the height of its previous test conducted in 2023. Dawn’s aircraft just keeps on getting…

Two years ago, the minds behind Testing for All — a Covid-era at-home testing service — launched a new startup. But instead of those dreaded antigen tests that make you feel like you’re trying to tickle your brain with a cotton swab, the company delivers something much more comforting: a trained nurse or doctor.  The London-based venture is called Heim Health. It works with the private sector and the NHS to match patients with the best practitioners in their area. Once paired, the platform uses algorithms borrowed from delivery apps to map the fastest routes and schedule the most convenient time…

London-based startup Gendo has secured €5.1mn amid booming demand for its generative AI software built for architects.  British architectural designer George Proud and software engineer Will Jones founded Gendo in 2022. The platform transforms simple inputs like sketches, 2D drawings, or text descriptions into hypereal building designs.  It works a bit like Midjourney or DALL-E, except it’s built by architects for architects. The tool allows you to precisely edit specific details of your design, such as colours, lighting, structural elements, or furniture. The model produces more life-like results than more general AI algorithms.    What’s more, Gendo claims it can…

Zurich-based venture capital firm Founderful has raised $140mn in its second fund — $20mn more than its target and a strong sign of investor confidence in Switzerland’s flourishing tech ecosystem.   First announced back in February, the fund has already invested in 15 early-stage startups. These include Chiral Nano, which develops nanomaterials for silicon chips, and 8inks, which is rejigging the lithium-ion battery. Founderful — formerly Wingman Ventures — was launched in 2019 by Pascal Mathis, the co-founder of local travel marketplace unicorn GetYourGuide, Eat.ch co-founder Lukas Weder and Alex Stöckl, former exec at Creathor Ventures. The founder-led VC exclusively backs…

American wearables firm Realwear has acquired Swiss augmented reality (AR) startup Almer Technologies.  Almer’s AR headset — the Arc-2 — overlays digital information onto the wearer’s field of view, allowing them to access real-time data, instructions, or assistance from an engineer seated anywhere in the world. The glasses are targeted specifically at industrial companies looking to help their staff maintain and repair equipment and machinery remotely. “Almer’s innovative approach for frontline workers has enabled us to deliver industrial AR solutions that are intuitive and effortless to use,” said Sebastian Beetschen, Almer’s co-founder and CEO. Beetschen founded Almer alongside Timon Binder…

German tech darling DeepL has (finally) launched a voice-to-text service. It’s called DeepL Voice, and it turns audio from live or video conversations into translated text.  DeepL users can now listen to people speaking a language they don’t understand and automatically translate it to one they do — in real-time. The new feature currently supports English, German, Japanese, Korean, Swedish, Dutch, French, Turkish, Polish, Portuguese, Russian, Spanish, and Italian.  What makes the launch of DeepL Voice exciting is that it runs on the same neural networks as the company’s text-to-text offering, which it claims is the “world’s best” AI translator.   As someone…

Amsterdam-based startup Sympower has secured €21mn as it looks to scale its grid-balancing technology. Sympower partners with businesses that use a large amount of electricity. It gains access to some of their energy assets and can turn them on and off when the grid requires balancing — a process called demand response. Sympower’s software platform uses AI to analyse data and optimise when and how much power businesses can sell at any given time, making energy use adjustments more effective and profitable for all parties.  Grid operators pay Sympower to stabilise the energy supply. The company passes most of that…

In 1991, Sony brought the first rechargeable lithium-ion battery to market. The unique chemistry proved a game-changer in energy storage. Today everything from EVs to smartphones depends on it, with demand skyrocketing.  But lithium is rare, most of it comes from unstable markets outside Europe, and its extraction can cause extensive pollution. We need more lithium to enable the green transition and yet, currently, its use is unsustainable — both environmentally and economically. We’re stuck in a paradox. Munich-based startup Tozero believes that battery recycling offers a way out. Recycling batteries is far from a new concept, but the German venture…