Tag Archives: Startup
European startup founders are working longer hours than you might think
Business
Despite recent claims that European startups aren’t working hard enough, new research shows the continent’s founders are putting in serious shifts to turn their ideas into successful businesses.
A survey of 128 founders by early-stage VC firm Antler found that three-quarters of them work more than 60 hours weekly, with 19% exceeding 80 hours.
German founders emerged as Europe’s hardest workers, with 94% working more than 60 hours weekly and 38% exceeding 80 hours.
Daria Stepanova, co-founder of German startup AIRMO, said she’s sacrificed “time, stability, and relationships” to grow her company. However, she sees a certain level of obsession is a good thing. Otherwise, “what you’re building probably...
Spanish startup gets funds to deploy commercial IoT constellation
Top Stories Tamfitronics FOSSA Systems founders Vicente González (left) and Julián Fernández with a model of their first generation satellite. Credit: FOSSA SystemsTAMPA, Fla. — FOSSA, a Spanish operator of tiny picosatellites, has secured funds for around 20 slightly larger cubesats to start offering full commercial connectivity services for remote monitoring and tracking devices.The startup said June 19 it has fetched 6.3 million euros ($6.8 million) in a Series A funding round, which Portuguese early-stage investor Indico Capital Partners co-led with the venture arm of Nabtesco, a Japanese aerospace component maker.Julián Fernández, FOSSA’s (Free Open Source Software and Aerospace) co-founder and CEO, said the venture has raised nearly 10 million euros to date, when including government grants.The four-year-old company builds its satellites in-house and has deployed 17 picosatellites in sun-synchronous orbit since 2022.Although these tiny...
Startup Wise Guys Launches Constructing Tech Definitely knowledgeable Fund and Accelerator Program in Saudi Arabia
Technology tamfitronics Startup Wise Guys (SWG), in partnership with SEEDRA Ventures and backed by the National Expertise Pattern Program (NTDP), has launched the first Constructing Tech Definitely knowledgeable Fund and Accelerator Program in Saudi Arabia to foster innovation in the improvement and exact estate sectors.The Constructing Tech truly perfect fund, boasts two seasoned Overall Partners, Jourdan Younis and Aya Zaghnin.“Our purpose is to actively contribute to offering decreasing-edge technologies through the sector, fostering the expansion and improvement of constructed resources in Saudi Arabia.” acknowledged Aya Zaghnin, emphasizing the fund’s alignment with the nation’s imaginative and prescient for financial diversification and technological advancement.- Advert -The partnership combines Startup Wise Guys’ intensive trip as one in every of the most stuffed with life accelerator funds in Europe and Africa with SEEDRA Ventures’ deep thought of the Saudi...
