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Europe has twice as many climate tech startups as the US — but there’s a catch
Europe is home to twice as many climate tech startups as the US (30,000 vs. 14,300). However, limited access to VC funding is forcing these early-stage companies to seek capital from outside the continent, according to a new report released at the Munich Security Conference today. Venture financing in Europe averaged just 0.2% of GDP between 2013 and 2023, a fraction of the US average of 0.7%. Whi [...]
Netherlands a rare bright spot as EU struggles to make and keep unicorns
The US continues to hog the global herd of unicorns, dwarfing the EU in both the number and total valuation of billion-dollar startups. However, the Netherlands provides a minor bright spot, according to a new report by PwC. More than 3,000 companies worldwide have reached unicorn status since 2013, collectively reaching a staggering valuation of $27 trillion, according to the study. The US [...]
Meta AI is coming to Europe this week
Meta is rolling out its AI assistant across 41 European countries, including to members of the European Union, starting this week. It will also extend its access to 21 overseas European territories. In its announcement, Meta said that it has taken the company longer to bring its AI technology to European users as it continues to "navigate its complex regulatory system." <br /> The [...]
These smart outdoor lights made my home holiday-ready in minutes (and they're 35% off)
The Linkind Smart Solar lights add curb appeal to your home throughout the year. They let you easily change their colors according to the seasonal theme, and they are on sale during Amazon's Big Spring Sale. [...]