London is getting its own daily tech news broadcast. The European Technology Network (ETN), a live-streamed show co-founded by Luke Knight and Ronan Chambers, announced Monday it has raised $1.6 million in seed funding and will expand to a five-day-a-week schedule starting June 27. The network has already drawn more than 5 million views on X and YouTube since launching last October.
A European answer to TBPN with local focus
Knight and Chambers launched ETN last October as a two-day-a-week live stream covering European tech trends and news. The show quickly became a regular stop on press tours for European startups, with guests including the founder of AI video platform Synthesia, the CFO of Legora, the founder of productivity app Granola, and Kanishka Narayan, the UK’s first AI Minister. American investors from firms like Andreessen Horowitz have also appeared when visiting London.
The format is explicitly modeled on TBPN, the tech news show co-founded by John Coogan and Jordi Hays that was recently acquired by OpenAI. “My thinking was, if we can have an ITV and a BBC, why wouldn’t we have a regional version of this?” Chambers told TechCrunch.
Scaling to match Europe’s accelerating tech scene
Chambers said ETN was “born out of a gaping hole in the industry” — namely, that the UK’s traditional media ecosystem cannot keep pace with how fast the tech sector is moving. London startups have raised $14.7 billion so far this year, according to Dealroom, with six companies raising over $500 million each: Wayve, Superintelligence, ElevenLabs, Recursive, Ineffable Intelligence, and Isomorphic Labs. The latter three were founded by DeepMind alumni.
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As the show’s popularity grew, Chambers said they were receiving roughly 70 guest pitches per week. The two-day format required cramming 12 interviews into two-hour blocks twice a week. “We needed an outlet that could move at the pace of that,” he said, explaining the decision to go daily.
The expanded format will run from 12 p.m. to 3 p.m. UK time, featuring breaking news coverage followed by guest interviews. Chambers said the team also plans to introduce debates, roundtables, and a Shark Tank-style pitching segment. “We want to make it as useful as we can for the ecosystem,” he said.
Revenue model and expansion plans
ETN generates revenue through advertising, with sponsors including prediction market Polymarket, blockchain company Base, and AI audio firm ElevenLabs. The seed round was led by Powerhouse Capital, with participation from Axel Springer SE (which owns Business Insider and Politico), the popular media publication LadBible, and angel investors from OpenAI and DeepMind.
The network is moving into a larger studio in London’s Kings Cross neighborhood, where many AI startups are based, and is expanding its team beyond the current eight employees. Knight and Chambers said they plan to broadcast from major European tech conferences, having already streamed from the Panathenaea Conference in Athens and the RAISE AI Summit at the Louvre in Paris.
What this means for European tech media
The expansion signals growing demand for dedicated coverage of Europe’s fragmented tech sector, which spans more than 40 countries and 24 official EU languages. Chambers said he and Knight are making a deliberate effort to feature guests from across the continent rather than focusing solely on London.
“You have all these different cultures, these different minds coming together and creating different products,” Chambers said. “You get a taste of what makes [Europe] a superpower.”
The co-founders do not see themselves as journalists but as tech insiders facilitating discourse. “We rely on traditional media,” Chambers said, noting that ETN draws on reporting from outlets like TechCrunch to inform its coverage. Knight added that the network is “pushing global prosperity from Europe” and would welcome American founders as guests as well.
Chambers said the ultimate goal is to inspire a new generation of European entrepreneurs. “It riles up the next generation to the point where it’s no longer cool to finish university and go into banking or consulting,” he said. “People want to leave university and go straight into building a startup, and I think that’s an amazing thing.”
