News
A European capital for cultural diversity
08-07-2022
An important industrial centre during the heydays of Luxembourg’s steel production, Esch-sur-Alzette is today a vibrant innovation hub. Located directly on the French border, the Grand Duchy’s second largest city is characterised by a deep-rooted cultural diversity. It is home to well over 100 nationalities and residents frequently cross the borders to Belgium, Germany and France.
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Luxembourg #1 in Europe for FDI per capita
07-07-2022
Foreign direct investment (FDI) is recovering from the impact of the COVID-19 pandemic, reports EY. With 25 FDI projects announced in 2021, Luxembourg ranks first in Europe in terms of investment projects relative to the population size.
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Research partnership for commercial success
05-07-2022
A research partnership with the Luxembourg Institute of Science and Technology (LIST) and the Luxembourg Institute of Health (LIH) on how to use its technology to make virucidal facemasks has given Molecular Plasma Group a big market breakthrough.
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A window to Europe
05-07-2022
For several years, the Luxembourg Trade and Investment Offices have invited start-ups from their local markets to Luxembourg tech event ICT Spring. Combining the presence at the event with a tailor-made visit programme, this offers a concrete insight into what it would mean to locate their European offices in Luxembourg.
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International start-ups exploring Luxembourg
04-07-2022
25 international start-ups, supported by the Luxembourg Trade and Investment Offices located around the world, attended tech event ICT Spring on 30 June – 1 July 2022. We spoke to some of them to hear why they were interested in exploring Luxembourg as their potential base for entering the European market.
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Infinite Reality plans for European HQ in Luxembourg
01-07-2022
The metaverse has the power to transform how consumers interact with brands. We spoke to John Acunto, CEO of metaverse leader Infinite Reality, about how he thinks the metaverse will develop in Europe and about the company’s plans to set up its European HQ in Luxembourg.
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Infinite Reality launches global metaverse hub in Luxembourg
01-07-2022
Infinite Reality, the metaverse entertainment and innovation company, announced today a strategic relationship with the University of Luxembourg's Interdisciplinary Centre for Security, Realiability, and Trust (SnT) to introduce a global, open metaverse, from Luxembourg. This is a significant piece of the company’s European expansion plans.
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Building skills for the metaverse
29-06-2022
The integrated 3D virtual worlds commonly called the metaverse might well revolutionise the way we do business. Luxembourg Trade & Invest discussed the needs to build the right skills and the timeframe for adopting the metaverse with the CEO of leading metaverse company Infinite Reality, John Acunto.
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Boosting public-private R&D
28-06-2022
Stimulating innovation and research partnerships is becoming a key priority for Luxembourg R&D funding. Companies cooperating with research centres can receive an additional financial injection, and sector-related calls stimulate public-private partnerships using Luxembourg as a testbed for innovative products.
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Developing technology for industry
24-06-2022
Supporting businesses with their R&D projects and helping them speed up prototyping and market introduction is central for the Luxembourg Institute of Science and Technology (LIST). LIST’s Sustainable Biotech Innovation Centre cooperates with companies on their development of bio-based products and bioprocesses.
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Industry-oriented research: the synergy approach
21-06-2022
Performing research in close collaboration with companies is essential for Luxembourg’s research institutes. We spoke to Professor Djamila Aouada at the University of Luxembourg about how the expertise of her team can support industry and their motivation to work in partnership with the private sector.
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Where research excellence and innovation go hand in hand
16-06-2022
In a few decades, Luxembourg has built a competitive research ecosystem with a strong orientation towards innovation. The government promotes science as a way to rise to economic and societal challenges, and the Luxembourg National Research Fund (FNR) provides funding that stimulates research excellence and builds bridges with the private sector.
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Learning maths the digital way
13-06-2022
Digital education start-up Magrid reflects both Luxembourg’s digital expertise and its highly international population. Magrid’s innovative digital solution that helps children improve their cognitive, visual-spatial, and mathematical abilities without requiring them to speak any specific language attracts much interest from abroad. The company now uses Luxembourg as the base for its international expansion.
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Luxembourg attracts foreign direct investment
13-06-2022
After two years with less incorporations due to the COVID-19 pandemic, foreign direct investment is picking up speed again. We spoke to Jenny Hällen Hedberg, Head of International Business Development, and Jean-Michel Ludwig, Director Business Development at Luxinnovation, about the developments in Luxembourg and why international companies come here.
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DDE opens European HQ in Luxembourg
13-06-2022
South Korean artificial intelligence expert Data Design Engineering is setting up its European headquarters in Luxembourg. The company decided to come here due to its quickly expanding client network, the opportunity to establish research partnerships and the exceptionally supportive Luxembourg ecosystem.
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Research partnerships for innovation
10-06-2022
Internationally recognised for its research excellence in fields such as computer sciences and cybersecurity, Luxembourg also prides itself on top-level research in the fields of health, space and material sciences. Research organisations stand out for their openness to cooperate with industry, and stimulating public-private partnerships to fuel innovation is a national priority.
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Why startups choose Luxembourg (4/4): A supportive ecosystem
09-06-2022
What is it like to be part of the Luxembourg start-up ecosystem? Four start-ups of different origins speak about their experience of everything from finding investors and clients to the easy access to decision makers.
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Sustainable industry: making a difference
08-06-2022
The 2022 edition of Smart Manufacturing Week is in full swing with sustainable manufacturing as its main focus. The first day of the event challenged companies in all sectors of activity to determine the areas in which they can make a difference and launch concrete actions, for their own benefit as well as for that of the world.
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Why startups choose Luxembourg (3/4): Accelerating initiatives
07-06-2022
The Luxembourg ecosystem offers a range of start-up support initiatives aimed at helping high-potential start-ups take off. Our international panel of entrepreneurs highlight how different initiatives helped them develop their companies, better understand business in Europe and become part of a strong, supportive start-up community.
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Crossroads Magazine Spring 2022 is out
07-06-2022
The new edition of the international business magazine by Luxembourg Trade & Invest focuses on Luxembourg's accelerating start-up community and on research and innovation partnerships.
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Lunar Outpost opens European HQ in Luxembourg
02-06-2022
Lunar Outpost Inc. is proud to announce that it has established a new European HQ in Luxembourg! The company is entitled Lunar Outpost EU and will focus on cutting-edge thermal technologies compleme...
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Why startups choose Luxembourg (2/4): A fluid set-up experience
02-06-2022
What is it like to create a start-up in Luxembourg? Young companies of different origins speak about their experience of creating a company here.
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Why startups choose Luxembourg (1/4): A strong base in Europe
01-06-2022
What attracts start-ups to create and grow their business from Luxembourg? Wanting to hear directly from the entrepreneurs themselves, Crossroads Magazine spoke to four start-ups of different origins about their experience of setting up companies in Luxembourg and being part of the Luxembourg start-up ecosystem.
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Major Luxembourg corporates: investors, clients and partners
31-05-2022
DataThings is one of many innovative start-ups that have succeeded in finding investors in Luxembourg. Co-founder and Head of Operations Grégory Nain speaks about the company's corporate investors and what they mean for the start-ups future development.
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Attracting US investors
30-05-2022
Luxembourg start-up Skippet has attracted a major investment from a US-based investor. Co-founder and CEO Jacob Arnould speaks about the company's development and its successful fundraising.
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$21 million for carbon negative construction
25-05-2022
LEKO LAB's $21-million Series A funding is one of the most substantial capital raises in the sustainable building sector in Europe. CEO Remo Gerber speaks about how the company will impact the construction sector in the years to come.
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European Celebration of San Francisco Pride 2022
24-05-2022
It’s time to gather our fellow Europeans in the Bay Area to celebrate the 52nd San Francisco Pride! Join the European Consulates in the Bay Area when we walk together in the San Francisco Pride Parade on June 26th. Sign up https://www.eventbrite.dk/e/europe-for-pride-2022
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Spire Global Awarded TCOM Contract for Weather Forecasts at Aerostat Sites
23-05-2022
Space-data provider Spire Global, Inc. was awarded a subcontract agreement with TCOM, the global leader in elevated intelligence, surveillance, and reconnaissance (ISR) awareness solutions, to provide...
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The best time to invest
23-05-2022
A dynamic start-up hub requires entrepreneurs with great ideas – and investors willing to provide the means for these ideas to become a reality. A growing number of venture capitalists and business angels in Luxembourg are active on the local market and investing in promising start-ups that have the potential to make it big time in the future.
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Carbon negative construction company LEKO LABS announces $21 million Series A
21-05-2022
The investment is led by urban sustainability-focused fund 2150 with participation from the Microsoft Climate Innovation Fund, Tencent, AMAVI, Rise PropTech Fund, Extantia and Freigeist. The total footprint of real estate developed, built or managed by LEKO LABS’s new investor base totals approximately 500 million sq ft., which corresponds to an area the size of Manhattan.
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