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

Octopus Energy to spin out AI utility platform Kraken at €7.3B valuation after €850M funding round
Octopus Energy's AI utility platform, Kraken, spins out after securing €850M in funding, valuing the business at €7. 3B....

New overview of the Cyber Security Act
Dutch government organizations must prepare for the Cyberbeveiligingswet (Cbw) with new tools and resources now available on DigitaleOverheid. nl....

French chipmaker NanoXplore raises €20 million to expand into defence and strengthen Europe’s electronic sovereignty
NanoXplore, a French chipmaker, secures €20 million to expand into the defense sector and boost Europe’s electronic sovereignty. The funding will allow the company to develop security-focused products and pursue strategic acquisitions, building on its ITAR-free approach.

Fintech’s next chapter: The trends expected to shape 2026
European fintech anticipates significant shifts in 2026, driven by embedded finance and interoperability. Experts predict next-generation API-based banking and industry collaboration for stablecoins to foster greater adoption.

The Artists Collective launches as an artist-led investment platform
The Artists Collective launches as the UK's first artist-led investment platform, backing early-stage tech companies. Focused on AI, fintech, and cybersecurity, the platform invests £50,000 to £300,000 in Seed and Series A rounds across Europe.

Ukrainian AI app studio Reface secures €15.2 million in non-dilutive user acquisition funding
Kyiv-based AI app studio Reface secured €15. 2 million in non-dilutive user acquisition funding from PvX Partners to fuel growth....

Webshops are not allowed to force customers to create an account in many cases
Webshops across the EU can no longer force customers to create accounts before buying products, according to new recommendations. The European Data Protection Board (EDPB) clarified that mandatory accounts for online purchases often violate privacy rules, addressing long-standing consumer complaints.

I-care becomes Belgium’s newest unicorn after closing €20 million fundraising and refinancing round
Belgium's I-care, a predictive maintenance company, achieved unicorn status after securing €20 million in funding. The AI-driven platform offers predictive maintenance services in over 55 countries, with the company aiming for an IPO.

Spanish SaaS platform Stowlog raises €1M to drive the digitisation of safety and security in port logistics
Spanish SaaS platform Stowlog secures €1M to digitize safety and security in port logistics, aiming for international expansion. The platform, already deployed in 15+ countries, uses real-time data and 3D visualization to improve operational efficiency for ports.

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.

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....

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....

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....
