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The UK’s online safety regulator has opened a formal investigation into Telegram under the Online Safety Act, examining whether the messaging platform has complied with its duties to protect UK users from child sexual abuse material. It is Ofcom’s most significant enforcement action against a major messaging platform to date. The UK’s online safety regulator […]
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 […]