News - For Business

Grasp, an AI startup automating investment banking workflows, secures $7 million in Series A funding. The Stockholm-based company, which serves nearly 200 customers, will use the funding to expand its product and sales teams.

Latvian startup Desktop Commander secured €1. 1 million in pre-seed funding to expand its AI-powered desktop automation platform....

Rotterdam-based Builders secured €3 million to fuel a new generation of enterprise AI companies. The venture studio plans to scale operations, expand across Europe, and increase its annual launch rate to up to ten companies.

French logistics software provider Shippingbo secures funding from Main Capital Partners to accelerate its growth. The cloud-based platform, serving 1,000 customers, aims for international expansion and will focus on its omnichannel logistics platform.

Formalize secured €30 million to expand its compliance software across Europe, helping businesses navigate complex regulations. The funding will fuel expansion into the DACH region and France, with new offices and team growth planned.

AI-powered image generation tools are now being used to create fake expense receipts, causing a surge in fraudulent claims. Reports indicate a 14% rise in fraudulent receipts since the launch of ChatGPT and Gemini.

Bunq, the Dutch challenger bank, enters the US market with a broker-dealer license, expanding its services to tech-savvy customers. The move allows Bunq, already serving 20 million users in Europe, to offer US stock trading, including ETFs, to American users.

European tech funding saw over €1. 3 billion invested in 70+ deals last week, led by Germany, the UK, and Sweden....

The Dutch Data Protection Authority (AP) urges organizations to act on AI literacy, publishing an updated guide. The guide details legal obligations and offers a practical action plan for organizations deploying AI systems.

Brussels finds Meta and TikTok breached DSA transparency rules by failing to provide researchers with sufficient data access. This preliminary ruling indicates both platforms may face significant fines for non-compliance with the new regulations.

Aunoa, a Spanish AI company, secures €1. 5 million to scale its conversational AI agents across Europe....

Orange can simultaneously purchase 50% of Masorange and its share of Altice assets in France without affecting dividends. This marks a shift, as the market now accepts sector consolidation after years of regulatory taboo.

Cytely, a Swedish DeepTech startup, secured €3 million to expand its smart microscopy platform, transforming microscopes into real-time data engines. The platform dramatically cuts analysis time, as labs report 75% faster analysis using the innovative platform.

Lithuania's tech ecosystem is booming, with startups raising almost €600 million in 2024, despite the small population. The ecosystem's valuation has surged to over €16 billion, positioning Vilnius as the EU's fastest-growing tech city in 2025.

Oxford-based QFX secured €2. 2 million in seed funding to develop modular hardware for quantum technologies....

Oxford University spin-out Astut secured €1. 8 million in seed funding to commercialize its AI technology for high-stakes decision-making....

Airbnb shifts its customer service AI focus from OpenAI's ChatGPT to Alibaba's Qwen model, signaling a win for the Chinese tech giant. The decision, cited by Airbnb's CEO, highlights Qwen's speed and cost-effectiveness over ChatGPT.

Google removed 3,000 YouTube videos that spread malware disguised as pirated software. This action followed a spike in malicious activity targeting users seeking illegal downloads.

Paris-based Kotcha secured €3. 5 million to bring elite running coaching to everyone using AI....

Kotcha, an AI-powered running coaching app, secures €3. 5 million to expand access to personalized training for runners....