News - For Business
Daily digest of all European digital development news

PDKINEMATICS raises €2M for drone guidance technology
Lithuanian defence firm PDKINEMATICS raises €2M for drone guidance technology. The funding accelerates integration with European armed forces and NATO allies amid the EU's European Drone Defence Initiative.

Ex-Palantir team behind Conduct raises €51 million to make enterprise systems AI-ready
London-based Conduct raises €51 million Series A to make enterprise systems AI-ready. The AI OS will deepen SAP capabilities and accelerate work across other major enterprise systems.

Berlin-based NexDash secures €2.5 million from EIT Urban Mobility to electrify Europe’s road freight
Berlin-based NexDash secures €2. 5 million from EIT Urban Mobility, an EU initiative....

2026 State of the Digital Decade report shows progress but urges closing structural gaps to reach 2030 goals
The European Commission's 2026 State of the Digital Decade report reveals progress towards 2030 digital targets but flags structural gaps needing closure. Europe has advanced on digital infrastructure and public services, but now faces challenges in scaling these efforts consistently.

State of the Digital Decade 2026 - Factsheet
The EU's Digital Decade 2026 report highlights progress toward 2030 targets, emphasizing coordination, speed, and coherence for digital transformation. It also summarizes European concerns based on a Special Eurobarometer survey.

AI, digital and tech company NTT Data creates 50 new Dublin jobs
NTT Data launches a new Dublin office, creating 50 jobs as part of a €16. 5m investment....

Barcelona-based Gate2Brain secures €7 million to advance brain tumour candidate
Barcelona-based Gate2Brain secures €7 million to advance brain tumour therapy. The Spanish BioTech firm's largest investment to date partners them with Shilpa Biocare Pvt Ltd.

The EU just passed the Turnberry trade deal. The tech fight is only starting.
The EU Parliament ratified the Turnberry Agreement, eliminating most tariffs on US industrial goods. The vote passed 440 in favour, with 151 against and 50 abstentions.

Open-source startup GitHits closes €1.5 million to in pre-seed funding for product development
Finland-based GitHits raises €1. 5M pre-seed to build the "Google of code search....

Italian watchdog launches DMA probe into Apple
Rome probes Apple over alleged DMA violations. Italy's AGCM targets the tech giant's market dominance and developer treatment.

BAE Systems launches €50M push to help European defence startups scale
BAE Systems launches €50M European defence-tech push to fund startups. The Launchpad program aims to scale disruptive innovations and accelerate technology development for European security.

US clampdown on Anthropic models sends EU sovereignty surge into overdrive
The US government ordered Anthropic to cease offering advanced cybersecurity AI models to non-US citizens, sparking EU concerns about technological autonomy. The European Commission is assessing implications, highlighting the need for EU technological sovereignty and existing AI/cybersecurity legislation.

Amsterdam’s Anterra Capital hits €86 million first close for Fund III as AI reshapes food and agriculture
Amsterdam-based Anterra Capital’s Fund III reaches €86 million first close, targeting €172. 1 million for food and agriculture tech....

Madrid’s Orbio raises €18.09 million Series A to scale AI workforce platform for frontline teams
Madrid’s Orbio secures €18. 09M Series A to scale its AI workforce platform for frontline teams....

EU sovereignty push gives tech buyers a new alphabet soup to swallow
Brussels launches new alphabet soup for tech buyers, aiming to triple datacenter capacity by 2030. Gartner warns the EU's Technological Sovereignty Package, with its four-level Union Assurance Levels, will add complexity for public sector CIOs.

Ukraine-focused DefenceTech fund Varangians closes €10 million in Stockholm
Varangians, a DefenceTech fund, closes over €10 million in Stockholm to support Ukraine's innovation ecosystem. The fund backs Ukrainian companies producing vital tech for Europe.

NEURA Robotics secures up to $1.4B, Bending Spoons files for US IPO, and UK PM unveils £400M chip plan
NEURA Robotics secured up to $1. 4B Series C to scale its physical AI and cognitive robotics platform....

Mistral is in funding talks at a €20bn valuation
Mistral AI, Europe’s leading AI startup, is in talks to raise €3bn at a €20bn valuation. This nearly doubles its previous investor valuation, highlighting significant growth in the European AI sector.

Profitable Oslo-based AI startup Mimir raises €518.3k pre-Seed to automate e-commerce operations
AI startup Mimir raises €518. 3k to automate e-commerce operations....

Pleo undertakes fresh round of job cuts, around 50 laid off
Fintech firm Pleo lays off approximately 50 staff, impacting product, tech, and data roles across Denmark, the UK, and Germany. The move aims to simplify decision-making and accelerate product delivery for European customers.
