News
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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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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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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A start-up ecosystem for acceleration and growth
20-05-2022
With a fast-growing entrepreneurial community, Luxembourg is a rising star on the global start-up scene. Strategic investments in a favourable environment as well as a dynamic and open-minded business sector attract promising young companies from near and far.
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Daher and LIST to develop welding technology for aircraft substructure assembly
19-05-2022
The French multinational Daher has established a large partnership with the Luxembourg Institute of Science and Technology (LIST) aimed at maturing and optimising a welding technology that enables the assembly of primary aircraft substructures produced with thermoplastic composites.
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Luxembourg – Portugal: Strengthening start-up relationships
12-05-2022
The Portuguese and Luxembourg start-up ecosystems were in the spotlight on 11 May 2022 at an event organised in the context of the currently ongoing Luxembourg state visit to Portugal. As well as highlighting the strengths of both ecosystems, the event provided an opportunity to deepen cooperation links.
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Luxembourg’s “Little Switzerland” becomes a UNESCO Global Geopark
11-05-2022
The Mullerthal region, known as Little Switzerland due to its hilly landscapes and rock formations, is one of Luxembourg’s most fascinating regions offering spectacular scenery and historical sites. The Mëllerdall Nature and Geopark has recently been awarded the UNESCO Global Geopark label, a recognition of its unique geological features.
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Small countries with strong impact
10-05-2022
Israel is widely renowned as a dynamic start-up nation. Yael Idan, Business Development Manager at LTIO Tel Aviv, speaks about the similarities between the Israeli and Luxembourg start-up ecosystems and about why Luxembourg can be an attractive springboard to Europe for companies from Israel.
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Luxembourg has 3rd largest share of ICT specialists in the EU
06-05-2022
Over the past decade, the number of ICT specialists in the EU has increased by over 50%. Luxembourg is one of the countries with the highest proportion of ICT specialists in its workforce.
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New cyber policy Chair at the University of Luxembourg
05-05-2022
Together with the Directorate of Defence of the Luxembourg Ministry of Foreign and European Affairs, the University of Luxembourg will establish a Chair in cyber policy. The Chair, which reflects the importance given to digitalisation and cybersecurity in Luxembourg, is established for a period of five years beginning in September 2022.
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Passbolt, the Luxembourg cybersecurity start-up that is making the news abroad
05-05-2022
Based at Technoport, Passbolt was voted best European startup in April by the European Cyber Security Organisation (ECSO). This award comes on top of two others received by the cybersecurity start-up the same month.
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Luxembourg economy: strong growth, flourishing job market
29-04-2022
Luxembourg’s claim to have a long-term strong and resilient economy is once again confirmed by recent statistics. The country is experiencing strong growth, unemployment levels are at the lowest since more than a decade ago and the workforce exceeds half a million for the first time ever.
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