International technology news, business & culture
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Dutch minister fears ‘national security risk’ from Chinese ownership of Anteryon

Another Dutch tech firm has been caught in the simmering tensions between the West and China. Amid growing calls to curb Chinese access to chipmaking equipment from ASML, a Dutch minister has raised a separate alarm about the sale of Philips spinoff Anteryon. Although the the digital-optics developer is still based in Eindhoven, the business was bought...

Wed May 1, 2024 20:23
Dutch startup to bring robotic blood drawing to hospitals

Utrecht-based Vitestro has raised €20mn to bring its robotic blood drawing device to market. Founded in 2017, Vitestro aims to improve the blood draw experience for patients and address personnel shortages in healthcare — where the demand for skilled laboratory professionals is growing at a higher rate than any other occupation. The startup’s device...

Wed May 1, 2024 18:53
New AI technique detects money laundering via cryptocurrencies

Blockchain is often criticised as a solution in search of a problem. But one group of people has already found immense value in the tech: money launderers. Their crimes cause painful headaches for financial institutions, crypto businesses, legitimate law enforcement agencies, and cryptocurrency regulators. All of them need to tackle illicit activity...

Wed May 1, 2024 18:11
TNW Podcast: Alexandra Balkova on the state of VC; AI compute for everyone

Welcome to the new episode of the TNW Podcast — the show where we discuss the latest developments in the European technology ecosystem and feature interviews with some of the most interesting people in the industry. In today’s episode, Linnea and Andrii talk about the availability of AI compute, Getir’s imminent departure from Europe, quite some cash...

Wed May 1, 2024 13:56
Vinted posts first-ever annual profit after 61% revenue growth in 2023

Vinted, the popular online marketplace for second-hand fashion, has announced its first-ever annual profit. The milestone follows a strong 2023, reaching €596.3mn in revenue — a 61% increase compared to the previous year (€370.2mn). With an adjusted EBITDA at €76.6mn, Vinted turned a €20.4mn net loss in 2022 into a €17.8mn net profit in 2023. The startup...

Tue Apr 30, 2024 18:11
Dutch startup tests hearing via brain-computer interface

MindAffect, a Netherlands-based healthtech startup, has raised €1.1mn to bring its hearing diagnostics technology to market. A spinout from Radboud University, MindAffect has developed a patented brain computer interface (BCI) technology, which enables diagnosis of hearing impairments using brain signals. The startup aims to provide a more equitable...

Tue Apr 30, 2024 16:12

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