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  • 5 May 2025: EU woos US scientists to 'Choose Europe' as Heart Aerospace decides to relocate from Sweden to ... the US

5 May 2025: EU woos US scientists to 'Choose Europe' as Heart Aerospace decides to relocate from Sweden to ... the US

Welcome to the bi-weekly “Inside European Deep Tech” newsletter, compiled by Robin Wauters, founder of boutique communications agency Profoundo, board member of the European Startup Network, and formerly founding editor and CEO of Tech.eu.

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Before we get to the content:

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Now, let’s get to it for newsletter issue #8; there's a lot to cover.

Must-reads

Insights: data, research, interviews and profiles

Opinions worth reading

Selected news items

  • Heart Aerospace shutters Swedish HQ in permanent move to LA

  • British AI startup Nscale seeks $2.7bn fundraise and courts TikTok owner ByteDance, reports say

  • Satellite operator Eutelsat replaced CEO Eva Berneke with a telecommunications executive as Europe seeks to develop a homegrown alternative to Elon Musk’s Starlink

  • Unmanned autonomous systems company TEKEVER has announced it will invest over £400 million in research, infrastructure, and defence technology development in the UK

  • Xayn Secures €80M to build Europe’s privacy-first legal AI

  • Student spinout First Momentum Ventures closes €35 million Fund II for deep tech startups

  • ARX Robotics secures €31 million Series A funding to strengthen European defence autonomy

  • "Berlin is taking it up a notch. The city has just launched a brand new Venture Capital Fund worth €10 million to support deep tech startups that are shaping the future in fields like digitalization, biotech, and energy & sustainability."

  • HeavyFinance, a climate finance company focused on transitioning European farmers to regenerative agriculture, has rebranded as InSoil and launched a €50 million private credit fund to support projects with measurable climate impact

  • French DeepTech Chipiron raises €14 million to “make MRIs as accessible as X-rays”

Upcoming events in Europe for your calendar

The scrolled-all-the-way-down extras

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