Dutch unicorn Mews mulls IPO in US amid concerns over support for startups
Dutch unicorn Mews will most likely list in the US instead of in Europe if the hospitality management company goes public, its CEO and co-founder Matthijs Welle told TNW. “An IPO is one of the options that we would consider for the future, and if we were to go down that route, a listing in the US is the most likely option, although it is too early to specify further details regarding a potential listing,” Welle said. “Most other vertical SaaS companies, who are comparable to us, are listed in the US, where there are deeper capital markets and a…This story continues at The Next Web [...]
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Dutch hospitality scaleup Mews doubles down on growth with $75M raise
Hospitality scaleup Mews, based at TNW City in Amsterdam, has secured $75mn in its third major cash injection of the last year. The round follows a raise of $100M in credit financing in September and [...]
Cerebras stock nearly doubles on day one as AI chipmaker hits $100 billion — what it means for AI infrastructure
Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]
From shiny object to sober reality: The vector database story, two years later
When I first wrote “Vector databases: Shiny object syndrome and the case of a missing unicorn” in March 2024, the industry was awash in hype. Vector databases were positioned as the next big thing [...]
Anthropic launches Claude Sonnet 5 at a steep discount to its top model as the company races toward a blockbuster IPO
Anthropic today released Claude Sonnet 5, a new AI model that the company says delivers near-flagship performance at mid-tier prices — a move designed to give cost-conscious enterprise developers ac [...]
European AI drone startups hit unicorn milestones amid rising defense funding
Quantum Systems, a drone company based in Bavaria, is now officially a unicorn—a milestone that reflects a broader surge of investment in Europe’s defense tech sector.<br /> The article Euro [...]
‘Worrying’ decline in Dutch startups sparks call for extra growth capital
Stalling growth in the Dutch tech sector has sparked urgent calls for fresh funding streams. New data released today reveals the number of new startups in the Netherlands is declining. The country is [...]
Dutch unicorn Bird flees ‘overregulated’ Europe for ‘global hubs’ — and a meditation retreat
Dutch software firm Bird is moving most of its operations out of the Netherlands and opening new global hubs as it seeks a reprieve from “overregulation” in Europe, said co-founder and CEO Robert [...]