EUROPEAN

Sep 10 2024BUSINESS

Can Atomico's New $1. 24 Billion Fund Reignite Europe's Tech Boom?

Atomico has announced a $1.24 billion funding round, split into two parts: a $754 million growth-stage fund for later stage companies and a $485 million early-stage fund for startups just starting out. This comes after a dramatic slowdown in European tech funding which dropped to $45 billion in 202

reading time less than a minute
Sep 10 2024ENVIRONMENT

Can This Gigantic Battery Recycling Plant Save the EV Revolution?

A new, massive battery recycling plant is being built in Germany by Cylib, a startup backed by Porsche and Bosch. This facility, costing over 180 million euros ($200 million), is expected to be the biggest of its kind in Europe, capable of recycling 30,000 metric tons of end-of-life batteries each y

reading time less than a minute