European Investment Fund backs Orbit Capital’s €107M venture debt fund for CEE scaleups. The fund supports post-Series A tech firms with non-dilutive growth capital for expansion and acquisitions.
Ireland secures €10m to launch its national AI Factory Antenna, connecting the Irish AI ecosystem to European AI Factories infrastructure. The programme aims to foster collaboration and advance AI development across the continent.
Austria's Interior Ministry has renewed a surveillance software license for Webloc, enabling the tracking of mobile phone locations. This tool accesses vast amounts of data, including precise GPS and advertising IDs, potentially monitoring millions of devices globally.