Rebecca Cretella
The European Investment Fund is raising a €15 billion fund of funds called ETCI 2 that aims to unlock up to €80 billion in scaleup funding across Europe. Germany’s WIN initiative is targeting €12 billion by 2030. France’s Tibi programme has pledged €7 billion in private capital and labelled 92 VC and growth funds with […]
Tim de Kraker
Courtesy of Samuel Correll
Post Telecom (with CleverCloud and OVHcloud), StackIT, Scaleway, and Proximus (with S3NS, a Thales – Google Cloud joint venture, plus Clarence and Mistral) have won the European Commission’s six-year sovereign cloud framework contract. The Proximus consortium’s inclusion signals that non-European technology can qualify as ‘sovereign’ under the Commission’s framework if operated within a sufficiently strict […]
The European Investment Bank is lending €20 million to BioLamina, the Swedish biotech that supplies the laminin-based cell culture matrices used by stem cell therapy developers worldwide. The funding will support expanded production of laminin technologies and animal-free drug safety testing methods. BioLamina, the Stockholm-based biotechnology company that produces the protein scaffolding used to grow […]
STC-15 is the world’s first RNA-modifying enzyme inhibitor to reach human trials. Phase 1 showed durable tumour regression across multiple sarcoma subtypes. The $56M Series C is backed entirely by existing investors including Pfizer Ventures and M Ventures. STORM Therapeutics, a Cambridge-based clinical-stage biotech targeting RNA modifications to treat cancer, has raised $56 million in […]
The European Commission today sent Google its preliminary findings under the Digital Markets Act, proposing six specific measures governing how Google must share search ranking, query, click, and view data with competing search engines. AI chatbots with search functionalities are explicitly included as potential data beneficiaries. A public consultation opens tomorrow. The European Commission has […]
The Celonis-owned visual automation platform, which already has more than 200 STATION F startups on its programme, is putting a permanent on-campus presence in Paris as it targets France as a strategic growth market. One-on-onementorship, workshops, and hackathon participation are all part of the offer. Make, the visual automation and AI agents platform owned by […]