European startup funding to drop 38% in 2023 — but there’s cause for hope

European tech startups will see a 38% investment drop in 2023 compared to 2022 levels, the latest report by Atomico finds. Specifically, startups are expected to raise $51bn in funding — down from $83bn in 2022 and $106bn in 2021. But Europe isn’t alone in navigating a tough year for tech. The US and China are also looking at a 49% investment decrease in 2023 compared to 2021. According to the report, this global retraction in funding has a domino effect on the flow of capital between the regions. For Europe, this translates to a significant reduction of capital from…

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TNW Podcast: Oscar Kneppers on academic startups; ESA wants to detect space-time ripples

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 episode, Andrii and Linnea talk about a new European space mission, AI-generated podcasts, antiquated tech in German trains, and much more. In the interview section, we’re featuring a conversation with Oscar Kneppers, CEO of the Amsterdam Centre for Entrepreneurship, or ACE. He’s also founded several well-known local publications and one of the country’s major startup accelerators, Rockstart. Here are the stories and… This story continues at The Next Web from The Next Web https://ift.tt/a6AlDsr

Swiss startup believes this forgotten element is the key to safe nuclear energy

Nuclear energy is undergoing a renaissance. Across Europe, governments are pouring huge amounts of money into new power plants while startups are busily working on smaller, modular alternatives. Most of these plants rely on uranium, the radioactive metal that fuelled the atomic age (and contributed to a couple of catastrophic meltdowns). However, Swiss startup Transmutex wants to reinvent nuclear energy using a lesser-known element called thorium. Uranium’s forgotten cousin Thorium is a lead-like metal that is mildly reactive, but four times more abundant than uranium and a lot safer to handle. However, thorium is a fissionable material but not a… This story continues at The Next Web from The Next Web https://ift.tt/ideQqVM

Cyberflashing and epilepsy-trolling offenders to face prison in UK

As of today, the UK is criminalising actions such as cyberflashing and — in a world fist — epilepsy-trolling, with offenders potentially facing prison time. The new offences will come into play as part of the Online Safety Act, a recently introduced bill designed to protect people from illegal or “harmful” online content. Cyberflashing is the act of sending unwanted sexual photos. Studies have shown that about half of younger women (aged between 18 and 25) have received unsolicited nude images. The percentage is even higher for females under 18, reaching 76%, according to a 2020 research. Now, cyberflashing offenders… This story continues at The Next Web from The Next Web https://ift.tt/9EZvymL

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