News - For Business
Daily digest of all European digital development news
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.
Cowboy seals majority-stake deal with ReBirth to restart production and stabilise operations
Cowboy, the Belgian e-bike company, secures a majority stake deal with ReBirth, injecting €15 million and restructuring finances. This partnership integrates Cowboy's digital platform with ReBirth's industrial expertise to stabilize production and support 80,000+ riders.
Following last month’s triple valuation, Quantum Systems deepens its autonomous focus through FERNRIDE deal
German AI-powered unmanned systems developer Quantum Systems acquired FERNRIDE to expand into autonomous ground mobility. This move merges two innovators in the field, following Quantum Systems' €180 million and FERNRIDE's €18 million funding rounds.
Monzo wins European banking licence, as investors agitate for CEO return
Monzo secures a European banking license, paving the way for expansion across the EU, starting in Ireland. The UK digital bank, with over 13 million customers, can now offer its banking products, including loans and mortgages, to millions more customers.
Ukraine battlefield use underpins €5.8 million raise for ZeroPhase’s communications software
Munich-based ZeroPhase secured €5. 8 million in seed funding to advance its software-defined data links for unmanned defense platforms....
Palantir veterans’ startup Ankar raises €17 million to expand AI-driven IP software into the US
London-based AI platform Ankar secured €17 million to expand its AI-driven IP software into the US market. The funding follows a trend of increasing investment in AI-enabled legal and IP software, with a total of approximately €24....
Ankar lands $20M Series A to reinvent how Innovation becomes defensible IP
Ankar, an AI-powered IP platform, secured a $20 million Series A round to revolutionize how innovation becomes defensible IP. The platform unifies the entire patent lifecycle, addressing fragmented tools and slow enterprise adoption.
First Draft Code of Practice on Transparency of AI-Generated Content
Brussels released a first draft Code of Practice on transparency for AI-generated content. The code addresses key considerations for AI system providers and deployers, aiming for content labeling.
Used by Deliveroo and Zalando, the UK’s Ben secures €23.6 million to scale employee benefits platform
London-based AI-powered employee benefits platform Ben secured €23. 6 million to expand its product offerings....
UK neobank Monzo secures full Irish and European banking licence
Monzo, the UK neobank, secures a full European banking license, with Dublin as its official EU headquarters. The license, authorized by the Central Bank of Ireland, allows for expanded operations across the continent.
Commission publishes first draft of Code of Practice on marking and labelling of AI-generated content
Brussels unveiled a first draft of its Code of Practice on marking and labeling AI-generated content, pushing forward its AI Act implementation. The voluntary code, designed for providers and deployers, will finalize by June 2026, with transparency rules becoming applicable on August 2, 2026.
Quantum Systems expands defence autonomy stack with FERNRIDE acquisition
Quantum Systems acquired FERNRIDE, expanding into autonomous ground mobility for defense and logistics. This move integrates FERNRIDE's platform into Quantum Systems' unmanned systems ecosystem.
HAN receives a fine of 175,000 euros for insufficient security of personal data
The Dutch Data Protection Authority fined HAN University €175,000 for failing to adequately secure personal data. The investigation revealed insufficient measures were taken to protect student and employee information.
geoSurge emerges from stealth to help brands improve visibility in AI search
London-based AI startup geoSurge launches to help brands improve visibility in large language models. The company's platform helps organizations assess their brand representation and maintain visibility, as LLMs shift with every update.
Luxembourg’s Fundvis raises €2.12 million to scale its AI-powered fund oversight platform
Luxembourg's Fundvis secured €2. 12 million to expand its AI-powered fund oversight platform across Europe....