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

Spain faces another of the most important digital shutdowns in its history: that of 2G and 3G connectivity
Spain begins shutting down 2G and 3G mobile networks to free up radio spectrum for 5G. The government opened a public consultation, with a goal to disconnect the older networks by January 2026.

Internet consultation Cbw and Wwke closed
Dutch authorities closed the internet consultation for the Cyber Security Act (Cbw) and the Resilience of Critical Entities Act (Wwke). These laws implement EU directives to boost the cyber resilience of organizations....

New report highlights the importance of AI-enabled dual-use tech and the role of the EU’s startup ecosystem
Brussels emphasizes AI's role in dual-use technologies, aiming for technological competitiveness and strategic autonomy. The European Commission's report highlights the need for better integration between civil research and defense programs to accelerate AI solutions' deployment.

Spanish banks have no problem letting you buy cryptocurrencies. What they don't want to do is advise you on them
Spanish banks like BBVA, CaixaBank, and OpenBank now allow crypto trading, marking a shift for conservative institutions. Despite this, they offer no investment advice, leaving crypto decisions solely to customers.

Making startup investing accessible, Madrid’s Akka channeled near €9 million into tech companies in 2025
Spanish FinTech startup Akka channeled nearly €9 million into tech companies this year, becoming the largest private investment club in Spain. Akka, founded in 2023, provides access to startup investing through its platform, boasting over €10 million invested in the last 20 months.

European tech weekly recap: More than 75 tech funding deals worth over €1.3B
European tech startups secured over €1. 3 billion in funding across more than 75 deals last week....

One night in the year 2000 Jennifer Lopez premiered a historic dress. And then Google changed the internet forever
Google's image search revolutionized how people access information online after Jennifer Lopez's iconic 2000 Grammy dress. The search engine moved from text-based results to visual content, impacting the internet's evolution.

Lovable raises $330M, Quantum Systems acquires FERNRIDE, and N26 appoints new CEO
Lovable secured $330M in funding to empower non-developers to build software, reaching a $6. 6B valuation....

European rival to Zerohash and Bridge, Nodu raises €1.25 million pre-Seed led by early Revolut investor
London-based Nodu, a stablecoin infrastructure startup, secured €1. 25 million in pre-Seed funding to expand its global reach....

Netflix entrusted him with more than 70 million for a series. He came with zero episodes and a luxury mattress bill of 638,000 dollars.
Netflix was defrauded of $11 million by director Carl Rinsch, who was found guilty of the crime after receiving $61 million for a sci-fi series. Rinsch spent the funds on personal investments and luxury items, as the series "White Horse" never materialized.

Early backer of unicorns Personio and Enpal, German VC Picus Capital closes €150 million preferred equity deal
German VC firm Picus Capital secured €150 million in preferred equity financing from Carlyle AlpInvest. The funding will fuel new investments and support Picus's portfolio of nearly 200 companies, including unicorns Personio and Enpal, with a focus on fintech, AI, and cybersecurity.

With Nvidia, Siemens and Microsoft as partners, Lausanne-based Neural Concept raises €85 million
Neural Concept, an AI platform for product development, secured €85 million in Series C funding, backed by Goldman Sachs Alternatives. The Lausanne-based company aims to enable AI-driven design of advanced systems for cars and spacecraft.

2026 will be a blow to the wallet if you have fiber and mobile. Unless you use DIGI
Spanish telecom provider Digi will not raise prices in 2026, bucking the trend of competitors like Vodafone, Movistar, and Orange. The announcement contrasts with rising costs planned by the larger telecom companies for fiber and mobile services.

Vibe-coding platform Lovable raises €281 million Series B to scale its AI-native software platform globally
Lovable, an AI-native software platform, secured a massive €281 million Series B to expand its no-code app creation tools globally. The funding round values the Stockholm-based startup at €5....

Endra closes $20M seed round amid surging demand in construction supercycle
Stockholm-based Endra, an AI-powered MEP platform, secured a $20 million seed round to automate building design workflows. The platform generates building-code-compliant 3D models and documentation, reducing design time by 70x.

Amazon had announced a layoff with 978 layoffs in Barcelona: the union negotiation has served to cushion it
Amazon reduced its Barcelona office layoffs from 978 to 791 employees after union negotiations. The agreement includes voluntary departures and internal relocations to soften the impact of the job cuts.

Telefónica leaves Wall Street by the back door: goodbye to almost four decades in the world's largest market
Telefónica is exiting the New York Stock Exchange after nearly four decades of trading, citing high administrative costs. The Spanish telecom giant's shares will cease trading on Wall Street in the coming days, focusing solely on the Madrid market.

Enlightra exits stealth with $15M to power energy-efficient AI data centre lasers
Enlightra, a deeptech startup, exits stealth with $15M to develop energy-efficient lasers for AI data centers. The technology consolidates multiple lasers into one source to reduce power use, with pilot production planned for 2027.

Exein raises an additional €100M to expand its embedded cybersecurity platform
Italian cybersecurity firm Exein secured €100 million to expand its embedded cybersecurity platform, totaling €170 million raised in 2025. The AI-enabled platform protects 1....

Italy’s embedded cybersecurity firm Exein adds €100 million in funding as global expansion continues
Italian cybersecurity firm Exein secured €100 million in funding to fuel its global expansion and product development. The new investment brings Exein's total funding in 2025 to €170 million, solidifying its position as a major player in embedded runtime security.
