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Dutch VC Capital Mills invests in German no-code startup Innoloft

No-code startup Innoloft has raised €2mn in a new funding round led by Dutch VC firm Capital Mills. This marks the firm’s first investment into a German company. Innoloft’s no-code platform enables businesses to build web applications without any programming knowledge. Founded in 2019, the startup now counts over 70,000 end-users and includes customers...

Wed May 8, 2024 18:41
Meet the leader of LockBit, the ‘most active ransomware gang ever’

Cybercrime hunters have unmasked the alleged leader of LockBit, a hacker network dubbed the “most active ransomware group ever.” LockBit gained global notoriety for holding victims’ data to ransom and ransomware-as-a-service, whereby it licenses malware to other hackers. According to Europol, the gang was behind the world’s most deployed ransomware...

Wed May 8, 2024 17:26
Neuron-sized brain implant could help blind people see again

A team of researchers have built a vision implant with tiny electrodes the size of a neuron, seeking to help blind people see again. The development of vision implants first emerged in the 1990s. The technology targets patients suffering from damage to the eye, but whose visual cortex— the brain’s visual centre — is active and able to receive signals....

Wed May 8, 2024 16:11
Swiss startup unveils post-quantum cryptography library for devs

Terra Quantum has today revealed its TQ42 Cryptography library — an open-source suite of quantum-resistant algorithms designed to help developers and businesses protect data from current and future cybersecurity threats. The new cryptography library provides developers with post-quantum algorithms and security and key management functions. They can...

Wed May 8, 2024 15:05
French AI toasts $200M for Holistic but Sonio sale shows risks of success

France’s budding AI scene has received another boost from a big investment in the startup Holistic. Amid the celebrations, however, the sale of medtech firm Sonio has added a warning about the dangers of success. The Holistic funding was revealed by Bloomberg on Tuesday. The Paris-based firm has reportedly raised $200mn (€186mn) in a round that values...

Wed May 8, 2024 14:09
UK fintech raises £800M for AI that determines how much money you can borrow

An AI scanning your bank transaction data entails a level of invasiveness that I find difficult to accept — let alone embrace for my own transaction information. But the technology could bring merits, at least in the lending world. Enter Abound. The London-based startup has just raised £800mn for its lending platform that uses AI to determine loan...

Tue May 7, 2024 19:26

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