Europe’s tech sector recorded over 70 funding deals worth €2.8 billion this week, led by cloud infrastructure, fintech, and energy.…
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Fisker’s $2.9 Billion EV Dream Files Bankruptcy Owing $500 Million
Fisker filed for Chapter 11 bankruptcy Monday, ending a dramatic collapse for the electric vehicle startup once valued at $2.9…
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SunPower’s collapse threatens 290 California jobs as solar pioneer nears bankruptcy
A solar industry pioneer is on the verge of bankruptcy, putting 290 California workers at risk. SunPower's financial unraveling signals…
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$16B Okta slashes 180 jobs despite posting its first-ever profits
Okta just recorded its first profitable year in company history, yet it is still cutting 180 employees from its workforce…
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Biotech Firm Once Valued at $3 Billion Slashes 30% of Workforce to Stay Afloat
A biotech unicorn is eliminating nearly a third of its staff just to keep the lights on. The layoffs signal…
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Robots Run the Table as Europe’s Weekly Tech Funding Hits €1.6 Billion
Europe just saw its biggest tech funding week of the year with a staggering €1.6 billion flowing almost entirely into…
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$1.2B Biotech Giant Slashes 40% of Workforce as Cash Dwindles
A single biotech firm once valued north of a billion dollars is cutting nearly half its staff in a scramble…
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European Tech Surges With €585 Million Across 60 Deals as Analytics, Quantum and Travel Sectors Race for Dominance
European tech recorded more than 60 funding deals totalling over €585 million last week, alongside three exits and M&A transactions.…
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