Redwood Materials reportedly cuts 5% of staff after $350M raise

Redwood Materials, a battery recycler and cathode manufacturer, has reportedly cut approximately five percent of its workforce. This news comes shortly after the company raised an additional 350 million dollars. According to reports, the layoffs affect a few dozen workers…

Nordic founders are taking bigger swings, and it’s paying off

Ten years ago, raising one million euros in Copenhagen was enough to make waves in the region’s tech scene. Today, the Nordics are producing billion-dollar companies like Lovable, which reached two hundred million dollars in revenue just twelve months after…

Multiple London councils report disruption amid ongoing cyberattack

At least three London councils are responding to an ongoing cyberattack. Officials have shut down their networks and phone lines and have activated emergency plans. The local government authorities covering the London boroughs of Kensington and Chelsea and Westminster are…

Breaking down the boom in the Nordic’s startup ecosystem

Last week, the Slush conference took place in Helsinki. The event highlighted the growing power of the European startup ecosystem. The Nordics, specifically Sweden, are having a moment, led by companies like Lovable. Lovable is often regarded as an example…

GM tech executive shakeup continues on software team

The software team at General Motors has lost three top executives in the past month. This change comes as the automaker consolidates its various technology businesses into a single organization under the leadership of its new chief product officer. Baris…