News - For Business

The Netherlands may drop its control over semiconductor manufacturer Nexperia if China allows the export of critical chips again. China has lifted the export ban on Nexperia's semiconductors, which threatened to halt global automotive production.

Aquark Technologies secured a €1. 6 million contract from Innovate UK to advance its deployable quantum timing systems for telecommunications....

Anthropic, the US-based AI company, is expanding its European presence with new hubs in Paris and Munich after rapid growth. This move, following recent global launches, reflects the company's commitment to the European market.

Anthropic, the AI lab behind Claude, is expanding its European presence with new offices in Paris and Munich. The company, valued at $183 billion, reports Europe is its fastest-growing region, with nearly 200 employees across the continent.

Klarna launches a new Variable Recurring Payments (VRP) system in Germany, competing with direct debit payments. This open banking initiative, in partnership with Sparkassen, offers a flexible, secure alternative for recurring payments.

Upway, a platform for refurbished e-bikes, secures a $60 million Series C round to fuel its expansion. The company plans to refurbish over one million e-bikes by 2030, enhancing its digital services with financing, insurance, and subscriptions.

Paris-based Hoora raised €1. 1 million to build a "TikTok for gaming," blending social media with instant gameplay....

Madrid-based FinTech Devengo secured €2 million in a pre-Series A round to expand its account-to-account (A2A) payment infrastructure. This funding comes as the EU Instant Payments Regulation accelerates innovation within the fintech sector.

Paris-based Mistral AI, a large language model developer, leads the charge in Europe's AI funding landscape with its open-weight models. The company, founded in 2023, is defining the continent's AI future with solutions for enterprise use.

Norrsken Evolve, a €57M pre-seed fund, is backing European founders building sustainable futures. The fund, born from the Norrsken Accelerator, supports early-stage startups with capital, community, and mentorship.

Swiss startup Motley launches its AI-powered business reporting platform after securing a $1. 5 million pre-seed round....

Amsterdam-based Struck secured €2 million in seed funding to expand its AI-driven building compliance platform across Europe. The software automates compliance checks, aiming to speed up permitting and promote sustainable construction across the continent.

Irish climatetech startup Proveye secured a contract from the European Space Agency to develop ProvVari. The AI-driven platform will use satellite data and drone imagery to optimize fertilizer use, launching in Ireland in 2026.

German startup Circus Defence deploys its autonomous food preparation system in Ukraine, marking a world first for autonomous defense operations. The collaboration with BRAVE1 will provide frontline-ready, AI-powered food systems to support Ukrainian forces.

French quantum computing firm Pasqal secures a strategic investment from LG Electronics to advance quantum computing for industrial applications. The partnership will co-develop algorithms to tackle LG's complex business challenges like simulations and material discovery.

Leil, an Estonian data storage infrastructure software company, secures €1. 5 million in seed funding to make hyperscale storage accessible....

Paris-based Freeda secured €3. 4M to revolutionize construction plan reviews with AI-powered analysis....

The rise of AI has devalued cover letters in job applications, diminishing their impact on hiring decisions. A Princeton and Dartmouth College study analyzing 2....

Aspirity Partners, a London-based private equity firm, launched its debut fund with over €875 million for financial and enterprise tech services. The fund, significantly oversubscribed, highlights strong investor confidence in European tech sectors.

Dusseldorf-based Maesn secured €2. 3 million to accelerate its Unified API platform, designed for seamless data exchange....