Icelandic VC closes $87M fund as country’s startup scene comes of age

Amid increasing interest in Iceland’s tech ecosystem, Reykjavik-based Frumtak Ventures has closed a $87M fund aimed at local startups. This is the venture capital firm’s fourth fund, following a €57mn…

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Ariane 6 has lift off! Historic rocket launches Europe back into space

Finally, Europe has regained independent access to space. The continent reestablished a sovereign launch capacity on Tuesday with the maiden flight of the Ariane 6 rocket. However, the mission didn’t…

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Munich startup planqc secures €50M for ‘Made in Germany’ quantum computers

German quantum computing startup planqc yesterday announced a Series A raise of €50mn. A mere 18 months after its founding, the startup has already scaled its digital atom-based technology to…

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Netherlands’ LUMO Labs launches €100M fund for European impact startups

Dutch venture capital fund manager LUMO Labs is launching a new €100mn fund for Europe’s impact-driven tech startups. Building on LUMO Lab’s existing investment strategy, the new Rise Fund will…

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