Today in the submersibles department our hacker [Rupin Chheda] wrote in to tell us about their submarine project. This sub is made from a few lengths of PVC piping of …read more

British fintech Wise said this week it would shift its primary listing from London to New York, joining a growing list of firms snubbing the London Stock Exchange. UK chip designer Arm opted for a New York IPO in 2023, while food delivery giant Just Eat Takeaway quit the LSE for Amsterdam in November.  Sweden’s Klarna has confirmed plans to go public in New York, following in the footsteps of fellow Stockholm-based tech darling Spotify, which listed on the NYSE in 2018.  The draw? Bigger valuations, deeper capital, and more appetite for risk. Register Now “The US economy continues to perform far better than the EU, and valuations are simply higher for companies that can list there,” Victor Basta, managing partner at Artis Partners, told TNW.    The numbers back him up. The NYSE boasts a market cap of around $27 trillion — compared to just $3.5 trillion for the LSE.  That scale — and the deep-pocketed investors it attracts — pushed Arm to list across the pond. Wise followed for the same reason, according to CEO Kristo Käärmann.  Käärmann said the move would tap “the biggest market opportunity in the world for our products today, and enable better access to the world’s deepest and most liquid capital market.”  Beyond sheer growth potential, US investors are also known for taking bigger bets on growth-stage tech companies.   “US investors understand the whole ‘revenue-before-profit’ strategy,”  Andrey Korchak, a British serial entrepreneur, told TNW. “Meanwhile, in Europe, they often want to see revenue from day one.”  That risk aversion, Korchak believes, restricts the growth of startups. “Europe just doesn’t have the same density of tech unicorns,” he said. “And when startups here do hit that billion-dollar mark, most still prefer to list in the US.” Sean Reddington, co-founder of UK tech firm Thrive, fears that Wise’s New York listing will deepen the problems.  “Wise’s move to the US signals a worrying trend,” he said. “It threatens a ‘brain drain’ of capital and talent, making it harder for growth-stage VCs to invest in UK scaleups without a clear US exit plan.” He called for urgent government action, including providing “meaningful incentives” for tech firms to list in the UK.  “If the ultimate reward of a domestic IPO is diminished, it pushes more companies to consider relocating or listing overseas,” he said. Europe’s startup struggles will be a hot topic at TNW Conference, which takes place on June 19-20 in Amsterdam. Tickets for the event are now on sale — use the code TNWXMEDIA2025 at checkout to get 30%. Story by Siôn Geschwindt Siôn is a freelance science and technology reporter, specialising in climate and energy. From nuclear fusion breakthroughs to electric vehic (show all) Siôn is a freelance science and technology reporter, specialising in climate and energy. From nuclear fusion breakthroughs to electric vehicles, he's happiest sourcing a scoop, investigating the impact of emerging technologies, and even putting them to the test. He has five years of journalism experience and holds a dual degree in media and environmental science from the University of Cape Town, South Africa. When he's not writing, you can probably find Siôn out hiking, surfing, playing the drums or catering to his moderate caffeine addiction. You can contact him at: sion.geschwindt [at] protonmail [dot] com Get the TNW newsletter Get the most important tech news in your inbox each week. Also tagged with

Despite what some experts have characterized as an environment increasingly hostile to AI R&D, North America continues to receive the bulk of AI venture dollars, according to data from investment tracker PitchBook. Between February and May of this year, VCs poured $69.7 billion into North America-based AI and machine learning startups across 1,528 deals. That’s compared with $6.4 billion that VC firms invested in European AI ventures across 742 deals across the same period. Asia-based startups have fared a bit worse than their European counterparts, according to PitchBook. Between February and May, VCs invested just $3 billion in Asia-based AI startups across 515 deals. Under President Donald Trump, the U.S. has dramatically cut funding to scientific grants related to basic AI research, made it more difficult for foreign students specializing in AI to study in the U.S., and threatened to dismantle university-housed AI labs by freezing billions of dollars in federal funds. The administration’s trade policies, meanwhile, including its retaliatory tariffs, have led to a chaotic market unfavorable for risky new AI ventures. In a post on X in March, AI pioneer and Nobel Laureate Geoffrey Hinton called for billionaire Elon Musk, who until recently advised Trump’s cost-cutting group, the Department of Government Efficiency, to be expelled from the British Royal Society “because of the huge damage he is doing to scientific institutions in the U.S.” One might expect that Europe, which has pledged to become a global leader in AI, would attract more venture capital in light of Trump’s controversial policies in the U.S., which have created uncertainty and confusion for founders, investors, and researchers alike. Moreover, the EU has committed hundreds of billions of euros to support the development of AI within its member countries and already has a number of successful, well-funded AI startups in its ranks (see Mistral, H, and Aleph Alpha, to name a few). But that anticipated shift in global investment hasn’t come to pass. There isn’t any sign of a mass VC exodus to the bloc, or of significant upticks in AI funding overseas — at least not yet. Techcrunch event Save now through June 4 for TechCrunch Sessions: AI Save $300 on your ticket to TC Sessions: AI—and get 50% off a second. Hear from leaders at OpenAI, Anthropic, Khosla Ventures, and more during a full day of expert insights, hands-on workshops, and high-impact networking. These low-rate deals disappear when the doors open on June 5. Exhibit at TechCrunch Sessions: AI Secure your spot at TC Sessions: AI and show 1,200+ decision-makers what you’ve built — without the big spend. Available through May 9 or while tables last. Berkeley, CA | June 5 REGISTER NOW The same is true for China, which has spawned high-profile AI startups like DeepSeek and Butterfly Effect — the company behind the agentic platform Manus — but where VC activity in the country and the broader Asian region remains relatively austere. (Export controls impacting the ability of certain Asian countries to procure AI chips are almost certainly a factor.) In 2024, North American startups secured 75.6% of all VC AI funding — $106.24 billion. That share has only increased this year. So far in 2025, North American AI investments represent 86.2% ($79.74 billion) of all VC funding for AI globally. It paints a somewhat surprising picture. Even amid mounting political and regulatory headwinds under Trump’s second term, the U.S. remains the undisputed center for AI capital, meaning investors, fatigued as they may be by the administration’s unpredictability, are still counting on U.S. innovation to deliver the biggest returns, at least for now.

European tech leaders are pushing back against high-profile VCs urging founders to work seven days a week — slamming the grindset mentality as everything from “toxic” to “childish.”  “Calling on founders to work insane hours nonstop is just bad advice,” Suranga Chandratillake, general partner at Balderton Capital and former CEO of video search engine Blinkx, told TNW. “Even sprinters don’t sprint all the time — rest and reflection is just as important as putting in the work.” His comments follow a LinkedIn post on Saturday by Harry Stebbings, podcast host and 28-year-old founder of London-based venture firm 20VC. “What European founders need to realise [is that] 7 days a week is the required velocity to win right now,” he wrote, implying that they need to match the infamous grind culture of Silicon Valley.       Martin Mignot, a partner at New York-based Index Ventures, rallied behind Stebbings. In a LinkedIn post of his own, he applauded the 9am-9pm, six days a week (illegal) work culture adopted by some tech firms in China. “Forget 9 to 5, 996 is the new startup standard,” he said.  While some echoed their views, many European tech founders and investors weren’t happy with the rhetoric. Amelia Miller, co-founder of return-to-work platform Ivee, called Stebbings’ post “unbelievably toxic.” Register Now “Only bad founders work 7 days non-stop,” she wrote. “It’s poor time management and a fast track to burnout.” Miller also said she thinks that working such long hours unfairly discriminates against parents and those with responsibilities outside the office.   Chandratillake also warned against taking advice from VCs without experience of starting and running a company. “If you’re a CEO, don’t listen to a jumped-up finance bro in a hoodie who has never done your job telling you how to do it!” he said.  The lively debate comes amid a broader conversation in European tech over whether workplace culture is holding the region back compared to the US or China.  In a podcast interview in March, Revolut boss Nik Storonsky criticised European startup entrepreneurs, saying they weren’t working hard enough and valued work-life balance too highly. Those comments followed another lively social media debate earlier this year about whether French founders lacked the “grindset” to succeed.   However, a recent survey of 128 European founders by early-stage VC firm Antler found that three-quarters of them work more than 60 hours weekly. Almost 20% of them exceeded 80 hours, challenging the notion that European founders don’t hustle.  Chandratillake said he believes that scrutinising work hours overlooks some of the real challenges founders face in Europe, such as access to late-stage financing. That said, the investor thinks there is a time and a place for the grind. “Sometimes founders have to work extremely hard and long hours, but that’s not sustainable all the time,” he said. “Building a successful company is a marathon, it takes endurance.”  European startup founders are the lifeblood of TNW Conference — and we want you there too. The tech festival takes place on June 19-20 in Amsterdam. Use the code TNWXMEDIA2025 at the ticket checkout to get 30% off. Story by Siôn Geschwindt Siôn is a freelance science and technology reporter, specialising in climate and energy. From nuclear fusion breakthroughs to electric vehic (show all) Siôn is a freelance science and technology reporter, specialising in climate and energy. From nuclear fusion breakthroughs to electric vehicles, he's happiest sourcing a scoop, investigating the impact of emerging technologies, and even putting them to the test. He has five years of journalism experience and holds a dual degree in media and environmental science from the University of Cape Town, South Africa. When he's not writing, you can probably find Siôn out hiking, surfing, playing the drums or catering to his moderate caffeine addiction. You can contact him at: sion.geschwindt [at] protonmail [dot] com Get the TNW newsletter Get the most important tech news in your inbox each week. Also tagged with

Artificial intelligence has no shortage of visionaries—but the ones who matter are executing. In 4 days, TechCrunch Sessions: AI brings those builders, researchers, funders, and enthusiasts under one roof at UC Berkeley’s Zellerbach Hall. This isn’t a parade of AI hype or a string of over-edited keynotes. It’s a single day designed for clarity, candor, and real connection. It’s also your last chance to save. Ticket prices rise soon — but right now, you can save over $300 on your pass and get 50% off a second, so your partner, co-founder, or friend can dive in with you. Your next AI insight could come from anywhere Maybe it’s a fireside chat with Jared Kaplan of Anthropic on frontier models. Maybe it’s a breakout session on enterprise deployment with leaders from SAP. Or maybe it’s a deep-dive conversation sparked through the Braindate app — our smarter tool for face-to-face matching based on shared interests. You never know where the game-changing idea will come from. You just need to be in the room. Think you’ve got a winning pitch? Watch what VCs see So You Think You Can Pitch puts AI startups in front of investors for live, unscripted feedback. It’s fast-paced, transparent, and sharp—exactly what early founders need to understand how real funding decisions happen. Image Credits:Halo Creative Only 4 days left: Big ideas, real impact — and rising prices We’ve kept the pricing generous, but the clock is ticking. Save over $300 on your TC Sessions: AI pass and get a second one at 50% off. Group discounts apply too. On June 5, prices go full fare—and with them, your shot at big savings disappears. Lock in your low rate tickets here. Interested in a deeper discount? Participate in our AI trivia for a chance to purchase a ticket at $200 and receive a second ticket for free. Techcrunch event Save now through June 4 for TechCrunch Sessions: AI Save $300 on your ticket to TC Sessions: AI—and get 50% off a second. Hear from leaders at OpenAI, Anthropic, Khosla Ventures, and more during a full day of expert insights, hands-on workshops, and high-impact networking. These low-rate deals disappear when the doors open on June 5. Exhibit at TechCrunch Sessions: AI Secure your spot at TC Sessions: AI and show 1,200+ decision-makers what you’ve built — without the big spend. Available through May 9 or while tables last. Berkeley, CA | June 5 REGISTER NOW

Posted on : May 28, 2025 By Tech World Times Business  Rate this post Starting a new business is exciting. But money is often the first big hurdle. Without funds, it’s hard to build products, hire staff, or run ads. That’s where Startup Funding becomes important. It helps entrepreneurs turn ideas into real businesses. In this article, we share the top 10 startup funding sources for new entrepreneurs in 2025. 1. Personal Savings Most founders start with their own money. It’s simple and quick. You don’t owe anyone else. Using savings shows you believe in your idea. But only use what you can afford to lose. Avoid risking your rent or emergency funds. 2. Friends and Family This is a common early funding source. People who know and trust you may help. They might give you money or offer loans. But always keep it professional. Write down terms and make repayment plans clear. It avoids confusion and protects relationships. 3. Angel Investors Angel investors are wealthy individuals who support startups. They often invest in early stages of business. They bring both money and advice. They usually take equity in return. Search platforms like AngelList or attend startup events to meet them. 4. Venture Capital (VC) VC firms invest big money in fast-growing startups. They look for high returns and innovation. VC funding is best for tech or scalable startups. They take equity and sometimes want a say. It’s competitive, so prepare strong pitch decks. 5. Business Incubators and Accelerators These programs help startups grow fast. They offer funding, training, and mentorship. Some popular examples are Y Combinator and Techstars. They often end with demo days to attract investors. You may give up a small equity share. 6. Crowdfunding Crowdfunding is when many people fund your idea online. Sites like Kickstarter and Indiegogo make this easy. You offer early access or rewards instead of equity. It works well for products people can see. Be sure to promote your campaign heavily. 7. Bank Loans Banks offer loans for startups and small businesses. They usually require a credit check and a business plan. Interest rates vary. Some banks need collateral. If approved, loans give quick access to funds. This option doesn’t dilute your ownership. 8. Government Grants Many governments support small businesses. They offer grants for innovation, research, or job creation. Grants don’t require repayment or equity. But they involve paperwork and clear guidelines. Search local government or small business websites. 9. Business Competitions Pitch competitions can offer funding and exposure. Entrepreneurs present their ideas to a panel of judges. Winners receive cash prizes or investment offers. Even if you don’t win, you gain feedback. Search for startup contests in your city or industry. 10. Corporate Venture Funds Big companies often invest in small startups. They want access to new ideas and technologies. These corporate funds work like VCs. But they may also offer partnerships or clients. Look for companies related to your industry. Tips for Choosing the Right Source Choosing the right Startup Funding source is important. Think about your business stage and goals. Do you need quick cash or long-term help? Can you give up equity or not? Always read the terms and plan your pitch. How to Get Ready for Funding Before applying for funding, get prepared. Make a clear business plan and pitch deck. Know your numbers: costs, sales, profits, and growth plans. Show why your idea is different or better. Practice your pitch until you feel confident. Pros and Cons of Funding Options Each Startup Funding source has pros and cons. Here’s a quick comparison for easy understanding: SourceProsConsSavingsFull controlRisk of personal lossFriends/FamilyEasy accessCan hurt relationshipsAngelsSmart moneyGive up equityVCsLarge fundsHigh pressure to growIncubatorsSupportiveEquity shareCrowdfundingNo equity neededNeeds marketingBank LoansKeep full ownershipInterest, credit checksGrantsFree moneySlow and competitiveCompetitionsWin fundingNo guaranteeCorporate FundsBig supportMight want exclusivity Choose what fits your situation best. Final Thoughts Finding Startup Funding takes effort, but it’s possible. Start small, and build trust with each step. Many successful companies began with tiny investments. You don’t need millions to get started. Pick the right funding source and stay focused. With patience and planning, your startup can grow. Keep learning, keep networking, and never stop pitching. Your big break might be one meeting away. Tech World TimesTech World Times (TWT), a global collective focusing on the latest tech news and trends in blockchain, Fintech, Development & Testing, AI and Startups. If you are looking for the guest post then contact at techworldtimes@gmail.com

If the adoption of AI feels different from any tech revolution you may have experienced before — mobile, social, cloud computing — it actually is. Venture capitalist Mary Meeker just dropped a 340-page slideshow report — which used the word “unprecedented” on 51 of those pages — to describe the speed at which AI is being developed, adopted, spent on, and used, backed up with chart after chart. “The pace and scope of change related to the artificial intelligence technology evolution is indeed unprecedented, as supported by the data,” she writes in the report, called “Trends — Artificial Intelligence.” There’s a certain poetic history to this person writing this kind of report. Meeker is the founder and general partner at VC firm Bond and was once known as Queen of the Internet for her previous annual Internet Trends reports. Before founding Bond, she ran Kleiner Perkins’ growth practice, from 2010-2019, where she backed companies like Facebook, Spotify, Ring, and Block (then Square).  She hasn’t released a trends report since 2019. But she dusted off her skills to document, in laser detail, how AI adoption has outpaced any other tech in human history.  ChatGPT reaching 800 million users in 17 months: unprecedented. The number of companies and the rate at which so many others are hitting high annual recurring revenue rates: also unprecedented. The speed at which costs of usage are dropping: unprecedented. While the costs of training a model (also unprecedented) is up to $1 billion, inference costs — for example, those paying to use the tech — has already dropped 99% over two years, when calculating cost per 1 million tokens, she writes, citing research from Stanford.  Techcrunch event Save now through June 4 for TechCrunch Sessions: AI Save $300 on your ticket to TC Sessions: AI—and get 50% off a second. Hear from leaders at OpenAI, Anthropic, Khosla Ventures, and more during a full day of expert insights, hands-on workshops, and high-impact networking. These low-rate deals disappear when the doors open on June 5. Exhibit at TechCrunch Sessions: AI Secure your spot at TC Sessions: AI and show 1,200+ decision-makers what you’ve built — without the big spend. Available through May 9 or while tables last. Berkeley, CA | June 5 REGISTER NOW The pace at which competitors are matching each other’s features, at a fraction of the cost, including open source options, particularly Chinese models: unprecedented. For example, she points out that Nvidia’s 2024 Blackwell GPU uses 105,000x less energy per token than the company’s 2014 Kepler GPU predecessor.  Meanwhile, chips from Google, like its TPU (tensor processing unit), and Amazon’s Trainium, are being developed at scale for their clouds — that’s moving quickly, too. “These aren’t side projects — they’re foundational bets,” she writes. The one area where AI hasn’t outpaced every other tech revolution is in financial returns. While VCs are pouring money on the AI fire as fast as they can, AI companies and cloud service providers are also burning through cash. AI requires massive investments in infrastructure.  That’s good for consumers and enterprises, the beneficiaries of fast improvements, while competition lowers costs, Meeker points out. But the jury is still out over which of the current crop of companies will become long-term, profitable, next-generation tech giants. “Only time will tell which side of the money-making equation the current AI aspirants will land,” she writes. As for the rest of us: Just hold on to your hats.