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Europe will invest €43 billion to make its own microchips

TechSpot

After spending some months negotiating between the European Council and the European Parliament, the European Union has now officially approved a plentiful subsidy plan for its semiconductor industry. Read Entire Article

Europe 98
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Amazon paid no corporate tax in Europe last year despite record sales income

TechSpot

It's a financial image that is in stark contrast to that of many other businesses and industries, which have suffered or even succumbed under the pressure of. Last month, Amazon reported more than $8 billion in profit for the first three months of 2021, tripling its profits year over year.

Amazon 141
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Czech on-demand grocery delivery startup Rohlik bags $230M to expand across Europe

TechCrunch

Founded in 2014, Rohlik’s funding comes at an interesting and key moment in the online grocery business, in Europe and beyond. Even with some (very much not all) countries in Europe relaxing parts of their orders, grocery has remained a very-much used online category in markets where it is available. ” Rohlik, ?upr

Europe 131
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Taktile makes it easier to leverage machine learning in the financial industry

TechCrunch

A few years ago, when you could read ‘machine learning’ and ‘artificial intelligence’ in every single pitch deck, some startups chose to focus on the financial industry in particular. But what about legacy players in the financial industry? There’s no meaningful, long-term business contract down the road. It has raised a $4.7

Industry 145
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Capchase raises $280M to scale its financing platform for subscription businesses

TechCrunch

Almost overnight, platforms that offer non-dilutive capital for recurring revenue businesses have become white-hot. This fever is now reaching Europe, where today Capchase raised an additional $280 million in new debt and equity funding, led by i80 Group, following a $125 million round in June. Right now it’s live in the U.K.

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Oxbotica raises $47M to deploy its autonomous vehicle software in industrial applications

TechCrunch

While the world continues to await the arrival of safe, reliable and cost-effective self-driving cars, one of the pioneers in the world of autonomous vehicle software has raised some substantial funding to double down on what it sees as a more immediate opportunity: providing technology to industrial companies to build off-road applications.

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Fishy business: Rooser raises $23M for its seafood trading platform

TechCrunch

The fishing market globally was worth $253 billion in 2021, and despite the controversy that swirls around the industry, that figure continues to grow. In nearly 10 years of operations, he scaled that business to 50 people and £10 million in turnover, “and it was then that we started to see just how inefficient it was,” he said.