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

As bird protection becomes a wind-industry priority, Spoor secures €8 million to meet rising demand
Spoor, an Oslo-based startup, secured an €8 million Series A round to support its AI-powered wildlife monitoring for wind farms. The funding will allow expansion of its bird and bat monitoring software, used by wind developers and operators, with a database of over 1 million bird observations.

Pre-seed funding fuels Lynk’s expansion of AI-driven contract control platform
Rotterdam-based Lynk secured pre-seed funding led by Curiosity VC to expand its AI-driven contract management platform. The platform automates audit tasks and identifies risks, aiming to reshape how organizations manage contractual obligations.

London-based Yonda Tax lands €12 million to scale operations and extend coverage across new tax jurisdictions
London-based Yonda Tax secured €12 million to expand its tax automation platform across new jurisdictions. This funding round will enhance platform features and functionality to simplify cross-border tax compliance for businesses.

Belgian TMS startup Qargo secures €28 million to scale operations and product development
Belgian TMS startup Qargo secured €28 million in Series B funding to scale its operations and product development. The investment follows rapid expansion across European logistic hubs, bringing the total investment to €46 million.

Zilch bags payments licence
Zilch, the UK BNPL fintech, secured a payments services license from the FCA, reducing its reliance on third parties. This move allows Zilch to build more payment methods in-house and follows its strengthened ties with Visa, ahead of its Zilch Pay rollout next year.

FICUS secures €3M to expand its clinical documentation platform
Berlin-based AI healthtech startup FICUS secured €3M in seed funding to expand its clinical documentation platform. The platform automates processes for rehabilitation clinics, reducing administrative workload by up to 70% and is already used by around 1,000 professionals daily.

EU-Startups Podcast | Episode 148: Karim Saleh, Co-founder and CEO of Cerrion
Cerrion, a Zurich-based AI startup, deploys agentic AI to monitor factory lines, preventing safety issues and downtime in real-time. The technology helps factories resolve issues 50% faster, and has secured $23 million in funding since its 2021 founding.

Qargo expands AI-driven transport management with $33M Series B
Qargo, the AI-driven transport management system, secured $33 million in Series B funding to expand across European logistics hubs. The cloud-based platform automates tasks and has helped customers reduce administrative time by up to 75%, processing over £1....

Zentio raises €1.4M for AI-native production planning
Berlin-based Zentio secured €1. 4 million in pre-seed funding, spearheaded by HTGF, to fuel its AI-native production planning platform....

Internxt AI debuts as Europe’s answer to ChatGPT — with total user anonymity
Spanish tech company Internxt launched Internxt AI, a secure and anonymous alternative to ChatGPT, prioritizing user privacy. The European AI tool, hosted on EU servers, ensures compliance with GDPR and the upcoming AI Act.

Trendtracker raises $7M to scale its AI strategic intelligence platform
Belgian AI startup Trendtracker secured $7 million in Series A funding to scale its AI-powered strategic intelligence platform. The platform, used by Siemens and P&G, helps organizations monitor trends and make forward-looking strategies, aiming to predict the future for businesses.

Belgium’s Trendtracker tracks down €5.9 million to help businesses turn trends into strategy
Ghent-based AI-driven strategic intelligence platform Trendtracker secured €5. 9 million in Series A funding to expand globally, focusing on the US and Middle East....

Barclays invests in fintech group United Fintech
Barclays joins four other major banks in investing in United Fintech, a firm focused on acquiring and scaling fintech companies. The investment, with undisclosed financial details, will fund further acquisitions, strengthening the fintech group's industry-wide adoption.

Mondu secures €100M debt facility and partnership from J.P. Morgan Payments
Berlin-based B2B payment solutions provider Mondu secured a €100M debt facility and partnered with J. P....

University of Cambridge quantum spinout nets record $60M Series A
Cambridge University's quantum spinout, Nu Quantum, secured a record-breaking $60 million Series A round to scale quantum computers. The funding will fuel future product development and international expansion, including Europe and the US, for the UK-based company.

Matta raises $14M to develop “sentient factory” technology
London-based Matta, an industrial AI spin-out, secured $14M in seed funding to develop "sentient factory" technology. Matta's AI uses computer vision to automate quality control, detect anomalies, and recommend actions in real-time across various industries.

Earlybird-X spin-off U2V launches €60 million fund to back DeepTech startups from European tech universities
U2V, a spin-off from Earlybird-X, launches a €60 million fund to back DeepTech startups from European tech universities. The fund will invest in pre-Seed and Seed-stage AI, IndustrialTech, and CleanTech startups, targeting up to 25 investments across Europe.

FION Energy secures €1.4M for AI-optimised battery systems
Berlin-based FION Energy secured €1. 4 million in pre-seed funding to expand its AI-optimized battery systems for industrial clients....

EU launches antitrust probe into Google’s AI search tools
Brussels launched an antitrust probe into Google's AI search tools, scrutinizing potential breaches of competition rules. The investigation focuses on whether Google's AI summaries favor its own products and services.

Paris-based Evertrust raises €10 million to accelerate its expansion in the European digital trust market
Parisian cybersecurity firm Evertrust secured €10 million in Series A funding to expand across Europe. The digital trust software vendor, specializing in Public Key Infrastructure and Certificate Lifecycle Management, aims to scale its platform within the growing digital certificate market.
