Last week, the European deep tech scene was set ablaze. Not by the record-breaking biotech round or the significant spacetech wins, but by an apparent document leak suggesting the 28th regime, championed by Ursula von der Leyen, would be a directive and not a regulation.
This threatens to undermine what founders have been so excited about – a pan-European startup framework that cuts out massive bureaucratic overhead and facilitates cross-border scaling.
Meanwhile, deep tech startups have been making do with the current system and finding major success despite its shortcomings. Here are the headlines from last week:
Policy & ecosystem
- ‘A directive is not a 28th regime,’ startup groups tell von der Leyen [Euractiv]
- European Advanced Materials Academy to train 200,000 people [EC]
- Have your say on Europe’s framework for science diplomacy [EC]
- Have your say on the European Research Area (ERA) Act [EC]
Biotech & medtech
- Tubulis raises €308M in record-breaking Series C financing [Press release]
- Adcytherix raises €105M to advance innovative cancer-fighting ADCs [Startup Rise]
- EVerZom gets €10M to develop exosome treatments for Crohn’s and liver diseases [Silicon Canals]
Quantum & frontier tech
- Swiss Quantum Technology inks €10M partnership with D-Wave to expand quantum computing access in Europe [Silicon Canals]
- LuxQuanta raises €8M to shield the world’s data from quantum hackers [TFN]
- Isentroniq grabs €7.5M to solve quantum computing’s wiring bottleneck [TFN]
- FirstQFM raises €1.2M pre-seed round to develop quantum foundation models [Arctic Startup]
- SiC Systems raises funding to build quantum-enhanced AI for physical systems [Arctic Startup]
- Siri inventor raises over €2M for quantum startup [Tech.eu]
Spacetech
- HyImpulse raises €45M to develop Europe’s hybrid orbital rocket, positioning itself against SpaceX [TFN]
- OQ Technology joins the Mobile Satellite Services Association [Press release]
Climate, energy & industrial tech
- Caracol secures €34.5M to scale its robotic additive manufacturing platform [Silicon Canals]
- Liquid Wind receives €3.6M Industriklivet grant for eMethanol project in Örnsköldsvik [Arctic Startup]
- Starship Technologies secures $50M funding to expand autonomous delivery robots in US cities [ain]
- Magics secures €4M for fabless semiconductor development [Silicon Canals]
