News
10 start-ups graduated from Fit 4 Start #13 and calls are now open for Fit 4 Start #14
30-06-2023
The Graduate Showcase 2023 of the Fit 4 Start programme highlighted 10 start-ups. The calls are now open for Fit 4 Start #14.
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Luxembourg 8th most attractive European country for foreign direct investment
19-06-2023
11% of investors rank Luxembourg as one of the top three countries in Europe that are most attractive for foreign direct investment according to the EY’s Luxembourg Attractiveness Survey 2023. While investment is primarily driven by the financial sector, the digital economy is expected to be a significant driver of growth.
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New capital injection into Luxembourg's Digital Tech Fund
16-06-2023
On 15 June 2023, Minister of the Economy Franz Fayot announced that the Luxembourg state is investing alongside a group of investors in the creation of a new compartment of the Digital Tech Fund. The aim is to continue responding to the funding needs of innovative companies in their start-up phase and further consolidate the development of the Luxembourg start-up ecosystem.
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Luxembourg Open Assessment Technologies entry into the US market
16-06-2023
Consul General Daniel Da Cruz and Open Assessment Technologies (OAT) co-founder Marc Oswald met at our San Francisco office to talk about the impressive journey of its TAO platform and Luxembourg̵...
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Luxembourg panelists at the Colorado School of Mines Space Resources Roundtable
15-06-2023
Luxembourg was part of the Colorado School of Mines Space Resources Roundtable this year!
✔️Bob Lamboray, Luxembourg Space Agency, talking about recent SpaceResources.lu developments
✔️ Lari ...
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Luxembourg battery upcycling startup joins Startup World Cup final
15-06-2023
Luxembourg battery upcycling startup Circu Li-ion joins the Startup World Cup final in San Francisco on Dec 1 to compete for 1 million USD investment from Pegasus Ventures.
Circu Li-ion was among ten...
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Detecting satellite anomalies with machine learning
15-06-2023
On 12 June 2023, the Interdisciplinary Centre for Security, Reliability and Trust (SnT) of the University of Luxembourg launched AI4Space from the Vandenberg Space Force Base onboard a SpaceX rocket. ...
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Luxembourg has 2nd highest level of tertiary education in the EU
14-06-2023
The European Union has set the target that at least 45% of the population aged 25-34 years should have attained tertiary education by 2030. Luxembourg already significantly exceeds this target and currently ranks 2nd among the EU countries.
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Supporting innovations that help other companies grow
13-06-2023
Fabien Amoretti, a successful serial entrepreneur, is the brains behind well-known Luxembourg companies such as Farvest Group, Great Place to Work Luxembourg, and Datapunk – the company that runs Hubfinance, a connection platform for finance experts. The French-Luxembourgish entrepreneur believes that Luxembourg offers an ideal ecosystem for launching martech and fintech firms and is an ideal place for data storage.
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Join the Humanitarian Innovation Accelerator pitching session
06-06-2023
On 29 June 2023, Luxembourg will host the final pitching session of the Humanitarian Innovation Accelerator call for projects launched by the World Food Programme to promote innovative solutions responding to global humanitarian needs. Innovative entrepreneurs from 14 countries will present their solutions and pitch for support, mentorship and funding.
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Echternach hopping procession: intangible UNESCO heritage
01-06-2023
Anyone passing through the Luxembourg town of Echternach on Whit Tuesday might have seen a curious sight: thousands of people, mainly dressed in black and white, hopping through the town’s medieval streets to a polka melody. This tradition, whose roots go back to the 15th century, has been recognised as an Intangible World Cultural Heritage by UNESCO.
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Why choose Luxembourg for business? Discover our new video
31-05-2023
Have you ever considered benefitting from Luxembourg as the launch pad to the European market for your international company? Join us in our innovative virtual studio to discover why you should!
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Webasto invests in new production line in Luxembourg
26-05-2023
Automotive supplier Webasto has been present in Luxembourg since summer 2022 and is turning the facility here into its global centre of competence for smart glazing. The company is now investing in a new Luxembourg-based production line for high-tech glass. The ground-breaking ceremony was held on 24 May 2023.
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House of Sustainability opens in Luxembourg
23-05-2023
The House of Sustainability, which officially launched on 21 April 2023 as a one-stop shop for all sustainable development solutions in Luxembourg, offers and guides companies toward an all-inclusive service offering available in Luxembourg to support their sustainable transition. Companies of all sizes and from all sectors can benefit from a vast ecosystem of sustainable solution providers based in Luxembourg.
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Europe at San Francisco Pride 2023
18-05-2023
It’s time to gather our fellow Europeans in the Bay Area to celebrate San Francisco Pride on June 25!
The San Francisco Pride Parade is the largest gathering of the LGTBQ+ community in the U.S., ...
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Work visit of H.R.H. the Crown Prince of Luxembourg and Minister of the Economy Franz Fayot to California
16-05-2023
From May 8th to May 12th, 2023, H.R.H. the Crown Prince of Luxembourg presided over a working visit to California led by Minister of the Economy, Franz Fayot. The purpose of the visit was to strengthen economic ties and explore opportunities for collaboration between Luxembourg and California, particularly in the fields of space, autonomous driving, artificial intelligence, and clean technologies.
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Two Luxembourg start-ups supported by WomenTechEU
15-05-2023
In the framework of the WomenTechEU programme dedicated to innovative deep-tech projects led by women, two Luxembourg companies, supported by Luxinnovation, have received European financial aid.
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Luxembourg: Exceptionally open to business
15-05-2023
In April 2023, Adrian Trömel, Luxembourg’s Foreign Trade Advisor in Texas, co-organised a visit to Luxembourg for a group of Houston-based venture capital, private equity and real estate firms to explore how the Grand Duchy could help them reach the European market. The similar economic interests, including Luxembourg’s openness to business, services and resources for funds and companies looking to grow left a lasting impression on the delegation.
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Growing ryegrass on Mars?
15-05-2023
It looks like a good start! A team from Luxembourg Institute of Science and Technology (LIST) has succeeded in growing a beautiful and very resistant plant, ryegrass, in soil similar to that found on ...
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Destination Luxembourg: A city as diverse as its residents
15-05-2023
Skylines and river valleys, modern glass buildings on historic foundations, and swathes of green: Luxembourg’s capital is as diverse as its residents, who hail from more than 100 nations. Experi...
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Innovative companies in Luxembourg are supported by “a strong network”
10-05-2023
Maxime Delmée, Belgian CEO and co-founder of AM 4 AM, a startup specialised in the development of new materials for additive manufacturing and a graduate of the Fit 4 Start acceleration programme in Luxembourg, discusses his entrepreneurial experience in Luxembourg. He explains that Luxembourg’s openness to innovation and its support for startups was crucial to his company’s development.
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Bank of America opens Luxembourg branch
10-05-2023
Bank of America today announced that it has opened a new branch in Luxembourg, further strengthening its capabilities and the value it offers to clients in core markets.
The launch means the bank can ...
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Luxembourg kicks off European precision medicine initiative Clinnova
05-05-2023
Clinnova, an international project involving clinicians and researchers from Luxembourg, France, Germany and Switzerland, was officially launched in Luxembourg on 27 April 2023. The initiative is aimed at realising the benefits of precision medicine for treatment decisions through data federation, standardisation and interoperability.
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Connecting US businesses with Luxembourg
04-05-2023
Paul Binsfeld, Luxembourg’s Honorary Consul to Arizona and New Mexico, is passionate about connecting businesses in the US with Luxembourg, and vice versa. We caught up with the experienced entrepreneur and company executive during a recent trip to Luxembourg to speak about what the Grand Duchy can offer American companies and how he can help.
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Astroport establishes European subsidiary in Luxembourg
02-05-2023
US-based space construction and materials manufacturing company Astroport Space Technologies has established a European subsidiary in Luxembourg. This announcement was made during the European Space Resources Week from 19 to 21 April 2023.
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A passion for steep climbs
01-05-2023
Often referred to as Luxembourg's Little Switzerland, the Mullerthal region in eastern Luxembourg is renowned for its hilly landscape, forests and, most of all, unique sandstone rock formations. An interesting challenge for rock climbers.
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At the forefront of the solar panel cleaning industry
27-04-2023
The solar energy market is expanding rapidly: experts estimate the global market growth over the coming years to be above 30%. This also means an increasing demand for high-performance products aimed ...
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Space Resources Week Luxembourg
26-04-2023
Luxembourg Space Resources Week brought together leaders from space agencies, research institutes, start-ups, and industry from around the world discussing ways towards an inclusive space resources ec...
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SES Space and Defense to provide satellite capabilities for U.S. Army training
24-04-2023
SES Space & Defense was selected to provide satellite communications capabilities for U.S. Army training operations under a new five-year agreement.
This continues a long-standing partnership buil...
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Climate Tech Leader nZero Raises $16M in Series A Funding
21-04-2023
nZero near real-time carbon management and accounting platform, closed a $16 million Series A funding round. It will enable the company to scale amid a global call for better, more accurate tracking and reporting of energy, financial, and greenhouse gas emissions data across the public and private sectors. The influx of funding arrives as more organizations worldwide strive to use data to implement and reach climate change goals.
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