European startups

European startups

BYD is building a $4.5 billion factory in Hungary, aiming to produce 200,000 vehicles annually and challenge Tesla in Europe.

Tariff uncertainty is limiting Pfizer's investment potential in R&D and manufacturing in the US.

Pliant raised $40M in Series B funding to expand its B2B payment solutions and prepare for U.S. market entry.

Alphabet is investing $75 billion this year, focusing on data centers and AI, despite economic challenges.

Berlin-based EWOR has raised €60M to support exceptional early-stage entrepreneurs, offering substantial funding and mentorship to a select few.

EWOR's fellowship emphasizes the value of challenging experiences over financial support, targeting a mere 0.1% of applicants.

bunq launches Crypto, allowing users to invest in cryptocurrencies directly from their app, simplifying the investment process.

ARX Robotics has raised €31M in Series A funding to enhance its AI-powered defence technology and expand its production and market reach.

US tariffs on China may lead to mass bankruptcies among small businesses, per Flexport CEO Ryan Petersen.

Nissan's recovery strategy is undermined by unexpected tariffs on imports, jeopardizing their new EV launches and market position.

Trump's tariffs on Chinese imports are significantly increasing prices on e-commerce platforms like Shein, leading to customer dissatisfaction.

Amazon's Prime Day returns in July, but tariffs may affect consumer engagement.

Tariffs could lead sellers to withdraw from Prime Day or reduce discounts.

Steep tariffs on Chinese imports could delay Christmas merchandise, impacting availability and prices for holiday decorations and gifts.

Ebusco faces severe financial distress due to overdue payables and poor revenue performance, risking insolvency without quick liquidity solutions.

Ebusco's revenue sharply decreased by 89% in FY 2024 due to contract cancellations, leading to significant financial losses.

Ebusco transitions to an outsourced production model for improved efficiency and reduced risk.

X's European user base has decreased by 11 million since Musk's acquisition, falling below pre-acquisition levels.

Jeff Bezos is launching an affordable electric pickup truck with Slate to compete with Tesla during its vulnerable period.

Tesla's once uncontested leadership in the EV market faces significant challenges amid declining sales and increasing competition.

Ukraine is seeking EU satellite alternatives to Starlink due to concerns over Elon Musk's unpredictability.

Amazon launched its first 27 Kuiper satellites, marking the start of its long-awaited broadband internet service to compete with SpaceX's Starlink.

Amazon has launched its first 27 Project Kuiper satellites, initiating its satellite broadband internet service to compete with Starlink.

UPS plans to cut 20,000 jobs and 73 facilities to save $3.5 billion, amidst a strategic business realignment.

UPS plans to cut 20,000 jobs and close over 70 facilities to reduce costs amid decreased Amazon shipments and economic uncertainty.

Amazon is set to enhance satellite launch cadence for Project Kuiper, aiming for efficient operations and network deployment by 2026.

Southern Europe's tech sector is growing rapidly, supported by talent and investment.

Stord, a commerce enablement platform, reaches a valuation of $1.3 billion, showcasing significant growth under founder Sean Henry.

Latin America now hosts several billion-dollar startups across various sectors, indicating a shift in the regional tech landscape.

Fast Company's Most Innovative Companies series showcases groundbreaking innovators like Bluesky.

Chinese automakers like BYD and Great Wall are expanding globally with innovative and affordable electric vehicles, transforming the automotive landscape.

Azalea Vision secures €9M for clinical trials of its eye care technology as part of a €15M Series A funding round.

OpenSearch is rapidly evolving from a fork of Elasticsearch into an independent and innovative enterprise search solution.

Aldea Ventures closed €50M for a second fund targeting deep technology and early-stage managers.

SMBs are lagging in GAI adoption compared to larger companies, threatening their economic potential.

GAI's primary value lies in fostering innovation rather than just productivity.

India's digital transformation and workforce are key to its high GAI adoption rates.

Deliveroo shares rose 18% after DoorDash's acquisition offer of $3.6 billion, signaling a competitive resurgence in the food delivery sector.

Airbus acquires parts of Spirit AeroSystems' UK business to secure critical aircraft components.

Etsy sells Reverb, reverting to independent operations under new investors after six years.

Support for early-stage entrepreneurs is surging in Europe, led by new funding initiatives like EWOR's €60 million fellowship.

iwell secures €27M funding to expand energy management and battery storage technology and aims to become a significant player in European energy transition.

Navro raises $41m in Series-B funding to expand internationally and integrate more local payment services.

US stock markets aren't always superior to European ones, as seen this year with mixed performance.

TIME and Statista recognize the top 350 EdTech companies for 2025 based on financial performance and industry impact.

Astrape Networks secures €7.9M seed funding to enhance data center performance through innovative networking solutions that optimize efficiency and reduce energy use.

Volvo Buses is transitioning to a new European business model focusing on electrification and profitability through ecosystem support.

NATO must integrate Ukraine's efficient drone ecosystem, leveraging civil-military cooperation for enhanced defense capabilities.

ARX Robotics aims to revolutionize battlefield technology with autonomous robots, receiving €31mn for production and software advancements.

Boeing plans to sell digital aviation solutions to Thoma Bravo for $10.55 billion to refocus on core operations.

CEOs should prioritize customer needs and focus on controllable factors amid global uncertainty.

Deliveroo's shares climbed following a $3.6 billion takeover proposal from DoorDash.

Will Shu could earn £172M from DoorDash's takeover offer for Deliveroo, despite company shares being well below their IPO price.

Daymond John recommends buying TSLA stock, anticipating future price recovery amid controversial sentiments towards Elon Musk.

Tesla might soon launch vehicle sales in India, as indicated by recent emails to reservation holders.

China leads in self-driving car technology, with over half of sold cars having advanced features, surpassing the U.S.

BYD's first-quarter earnings doubled, highlighting its ascendance over Tesla amidst the latter's sales slump.

Starlink is expected to launch in South Korea this year, pending regulatory approvals, enhancing connectivity in remote areas and during travel.

Starlink plans to launch services in South Korea this year, subject to regulatory approvals, facilitating high-speed low-orbit satellite internet.

Deel counters Rippling's lawsuit with claims of reputation damage, accusing Rippling's CEO of jealousy and providing detailed motions to dismiss the case.

Deel has accepted legal service in its lawsuit against Rippling, resolving previous issues with service attempts.

Start-Up Chile offers grants for entrepreneurs and a chance to grow businesses in an accelerator program.

Europe's economy shows stagnation, with a need for innovative entrepreneurial solutions beyond traditional tourism.

The continent's future may lie in its periphery, where growth opportunities are emerging in places like Portugal and Greece.

The CASA HUB 360 helps reduce labor costs by enhancing productivity for entrepreneurs with its versatile design.

Uber partners with Volkswagen to launch self-driving ID. Buzz vehicles targeting a 2026 launch in Los Angeles.

California proposes initial testing for self-driving heavy-duty trucks on public roads, enhancing regulations for autonomous vehicle technology.