[ad_1] With under 2 million people, a landmass that’s half the size of Greece, and a recent history of communist rule, Latvia doesn’t have textbook foundations for building world-leading businesses. But building a world-leading business is exactly what Latvia’s Printful did. In 2021, the on-demand printing startup was valued at over $1 billion, making it the country’s first-ever unicorn. To reach the local landmark, Printful took an international route. But rather than focus on its home…
"For European startups, the US is still the land of opportunity"Tag: European
[ad_1] Venture capital funding in Europe is plummeting as investors shift focus from growth to cutting costs. In the first half of 2023, European VC deal value was 61% lower than at the same time last year according to a new report by Pitchbook, a financial data firm. The total capital raised in the continent was €8.9 billion. At the current rate, the full year is on track to pace 37% below 2022 levels. Analysts blame…
"European VC deal value down 61% in first half of 2023, report finds"
[ad_1] British officials Wednesday said that European scientists are now a step closer to mastering technology that could enable them to harness nuclear fission, which would provide an unlimited and clean source of energy. The U.K. Atomic Energy Authority reported that researchers at the Joint European Torus experiment in Oxford, England produced a record amount heat energy in a five-second time period. The record for sustained fusion energy production was 59 megajoules, more than twice…
"European scientists demonstrate fusion energy record"