EU launches venture capital mega-fund to attract heavy-hitting investors

Six venture capital funds will share the task of raising €2.1 billion of private investment for European companies.

Heavy-hitting institutional investors will soon have their chance to back European technology innovation, according to fund managers involved in Europe’s new €410 million venture capital fund of funds. VentureEU is the pan-European venture capital (VC) fund of funds programme which debuted on 10 April. Six VC funds are set to share in EU seed funding … Read more

Europe’s silent opioid epidemic

Codeine addiction is a widespread problem which can be hard to diagnose, study says.

As opiate addiction continues to grip the United States – killing more than 100 people per day in 2016 – researchers are trying to get a handle on the scale of the problem in Europe. The US is grappling with a major crisis driven by dependency on opioid painkillers such as fentanyl. These highly addictive prescription drugs are … Read more

‘Evolution, not revolution’ will guide next EU research funding programme – Jean-Eric Paquet

Jean-Eric Paquet says the the need for science to live up to societal challenges is greater than ever.

The structure of the EU’s next research funding programme is based on the mantra of ‘evolution, not revolution’ and so will not contain any major surprises, according to Jean-Eric Paquet, the EU’s recently appointed director-general for research and innovation, who takes up his new role on 3 April. You previously worked in the team of … Read more

Confronting cultural history leads to stronger European identity

The 'Fraternal Kiss' mural, by Soviet artist Dmitri Vrubel, emblematic of the Cold War, appeared on the Berlin East Side Gallery, Berlin Wall, 1990.

by Ethan Bilby The act of confronting a troublesome past can be challenging by itself, and the Germans even have a word for it – Vergangenheitsbewältigung. Roughly one-third of current EU Member States spent decades behind the Iron Curtain, and many experienced one-party government for decades, but researchers see confronting uncomfortable history as part of a new … Read more

Missions could make Europe cool again – Prof. Mariana Mazzucato

Major missions such as putting a man on the moon generate a lot of spillover innovations along the way.

Missions modelled on the 1960s ‘moonshot’ programme to put a man on the moon by the end of the decade could help make Europe a cool place to do business and unite the public behind European science and innovation, according to Professor Mariana Mazzucato, founder and director of the Institute for Innovation and Public Purpose at University College … Read more

EU puts its ‘foot on the accelerator’ of battery research

The transport sector accounts for 14% of global greenhouse gas emissions.

The European Union is scaling up its investment in battery technology with the announcement of a €10 million open competition to design a better battery for electric vehicles and a €50 million cash injection to develop Europe’s largest green battery factory. Batteries will play a vital role in helping to achieve the EU’s goal of … Read more