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Electric News
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Electric News
British deeptech Nyobolt raises $30M, proves 5-minute EV charging to 80% possible
Power-intensive industries — AI automation, heavy transport, and data centres — face pressure to reduce emissions while maintaining…
Scania acquires Northvolt Systems Industrial: a turning point amid bankruptcy and industry challenges?
In a pivotal development for Europe’s electrification landscape, Swedish truck manufacturer Scania has acquired Northvolt Systems Industrial, securing…
Northvolt files for bankruptcy: How Europe’s $12B battery startup crumbled under $5.8B in debt?
Earlier this week, Northvolt, the Swedish battery manufacturer once valued at $12 billion and viewed as Europe’s best…
Sam Altman-backed Helion raises $425M: Can fusion energy finally deliver clean power for Microsoft?
Helion has raised series F funding to advance its development of fusion energy technology and aiming to commercialise…
Can Forest revolutionise urban mobility? £13M funding for Europe’s largest shared bike operator
Forest, one of Europe’s largest shared bike operators, has landed £13 million in the first close of its…
Trending at CES 2025: Startups from Europe & UK revolutionise tech in mobility, health, and robotics
Nvidia surpassing Moore’s Law, a pool-monitoring robot turtle, and Xpeng’s modular flying car (combining a van with eVTOL),…
Europe’s hottest tech funding rounds of 2024: Which startups raised the most?
In 2024, Europe’s startup ecosystem secured 6,316 funding rounds worth $39.5B — a decline from $42.8B in 2023…
Next Sense snaps €11.5M to cut building energy consumption by up to 40% per project
Amsterdam-based Next Sense, a leading smart building platform SaaS solutions provider, has secured €11.5M in Series A funding.…
Candela’s flying boat grabs $14M to decarbonise maritime transport
Stockholm-based Candela, a leader in hydrofoil electric vessels, has secured an additional $14 million (€13 million) in Series…
