Europe

China’s EV upstart Nio switches on power swap station in Sweden • ZebethMedia

Electric vehicle startup Nio is accelerating its expansion in Europe. The premium EV maker just launched its first power-swapping station in Varberg, Sweden, the company said in a LinkedIn post. When it comes to charging, Nio differentiates itself from its rivals by offering swappable batteries, which are upgradable and charge a monthly subscription fee, on […]

LF Europe’s Project Sylva wants to create an open source telco cloud stack • ZebethMedia

The Linux Foundation Europe (LF Europe) — the recently launched European offshoot of the open source Linux Foundation — today announced the launch of Project Sylva, which aims to create an open source telco cloud framework for European telcos and vendors. This is the first project hosted by LF Europe and is a good example […]

Sweden’s EQT Ventures closes a its third fund at €1.1B to double down on European and early-stage startups • ZebethMedia

Startups might be in a funding midwinter, but the ray of sun shining on some VCs speaks of a different trend. EQT Ventures, the venture fund arm of Sweden’s investment giant EQT making early-stage bets on startups primarily in Europe, has closed its latest fund and filled its coffers with 1 billion euros (and $1.1 […]

The lack of VC funding to women is a Western societal shortfall • ZebethMedia

The issue of women startup founders not receiving equitable venture funding is a shortfall of the West: It’s here, everywhere in the U.S., and over there, all throughout Europe. It’s hard to say that some of these metrics represent investors simply pulling back when data shows the bias has historical precedence. Even in 2008, all-women […]

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