This week in Dutch tech

Friday is right here, the climate is… not horrible, and it’s time to your weekly round-up of stories from the Dutch tech ecosystem. 

There was lots to speak about when it got here to the crown jewel within the Dutch tech ecosystem this week. Chip machine-maker ASML featured in two of our prime tales. Firstly, it appears the federal government is succeeding in its scheming to maintain its shining star from increasing outdoors of the nation, as ASML this week introduced plans of investing €180 million within the Eindhoven area.

Secondly, we additionally realized that the corporate, which has turn into embroiled within the chip battle between the US and China, may have the choice of bricking its machines ought to the latter determine to do greater than apply its army motion within the South China Sea.

Our highlights have you ever lined, however we’d additionally love to listen to your ideas on the native ecosystem. Drop us a line if you wish to showcase your startup, share a digital tip, or simply inform us your deepest, darkest secrets and techniques.

TNW Convention, June 20-21 – Final probability to get your go!

Stop all of the networking alternatives: roundtables, masterclasses, tech excursions, 1:1s… Final probability to e-book earlier than we run out!

Within the meantime, let’s get to the information.

What we’re writing

What we’re studying

  • Meta, X doing little towards deepfakes of Dutch politicians forward of European elections (Dutchnews.nl)
  • Delft-based Ore Vitality exits stealth mode with €10M; unveils battery primarily based on solely iron, water, and air (Silicon Canals)
  • AAC Clyde House markets TNO’s laser terminal for satellite tv for pc communications (tno.nl)
  • Dutch startup VRelax will get €1.2M to assist individuals with psychological and bodily complaints utilizing VR (Silicon Canals)

Dutch startup of the week: Cradle

Cradle synbio software platformCradle synbio software platform

Cradle, a biotech software program startup out of Delft, Netherlands, is utilizing generative AI to assist biologists engineer improved proteins, making it simpler and faster to carry artificial bio-solutions for human and planetary well being to market. This consists of merchandise comparable to medicines, non-animal whey proteins, and detergents and plastics with out petrochemicals. 

“On the core of all these merchandise are proteins, that are little mobile equipment,” Stef van Grieken, co-founder and CEO of Cradle, advised TNW a short time again. “If you wish to change them to be higher for the appliance you take into account, you need to alter the DNA sequence. That’s a extremely sophisticated job as a result of DNA is mainly an alien programming language.” 

When prompted, Cradle’s AI platform can generate a sequence of a molecule that has a better likelihood of matching what researchers are searching for, than when scientists have to attempt every part out for themselves. 

This equals fewer and extra profitable experiments, drastically lowering R&D time and prices. For many initiatives, this implies they will proceed at twice the velocity in comparison with the trade common.

The corporate lately introduced a $24mn Sequence A funding spherical and is engaged on greater than 12 R&D initiatives, together with vaccines and antibodies. Its 20+ employees is split between Delft within the Netherlands and Zurich in Switzerland.

TNW convention speaker highlight

Every week certainly one of our writers will share a prime tip for TNW Convention. At the moment’s decide comes from Andrea Hak:

SpaceTech is actually the following frontier with a slew of thrilling new startups rising with the potential to assist us clear up a few of Earth’s biggest challenges and uncover extra mysteries about our universe.

If you happen to’re on this subject, there are two classes to not be missed:Try Revolutionizing House Connectivity on Day 1 from 11:50 – 12:00 on the TNW Talks stage for a hearth chat with Dr. Sethu Saveda Suvanam, CEO of ReOrbit, in regards to the firm’s mission to develop satellites which might be adaptable for various missions, geared up with autonomous orbital capabilities, and useful for the atmosphere.

Be a part of SpaceTech: A brand new frontier on Day 2 from 15:15 – 15:55 on the Development Quarters stage for a panel dialogue with founders and VCs in regards to the newest challenges, developments, and alternatives shaping the sector

That’s all for this week’s round-up. Till subsequent Friday, tot ziens!

As we rely right down to TNW convention in Amsterdam on June 20 and 21, we’re ramping up our protection of the Dutch IT sector. If you happen to’re eager about attending the tech pageant, we’ve received a particular supply for our readers. On the ticket checkout, use the code TNWXMEDIA to get 30% off your enterprise go, investor go, or startup packages (Bootstrap and Scaleup).