News - For Business

X (formerly Twitter) faces its first Digital Services Act fine from the EU for deceptive practices on its platform. The fine is due to misleading users about verified accounts.

French CRM firm Brevo achieved unicorn status after securing a €500M funding round. Italian firm Bending Spoons acquired Eventbrite in a $500M all-cash deal, expanding its portfolio.

Valve is secretly working on a plan to bring Steam to all devices, sidestepping the need for game developers to adapt their titles. This strategy involves Proton, a compatibility layer that translates Windows instructions for Linux, which was key to the success of the Steam Deck.

Swedish AI platform Lumoo, built on vibe coding startup Lovable, secures approximately €550,000 in angel investment to reduce clothing returns with AI. The funding will fuel international expansion and platform development, with a goal of hitting €1M ARR within its first year.

The European Commission slapped X with a €120 million fine for violating transparency rules under the Digital Services Act. The platform's deceptive "blue checkmark," advertising repository failures, and lack of data access for researchers led to the penalty.

UK-based FinTech Coremont secured €34 million to expand its real-time portfolio management software and analytics platform. The investment will focus on using AI to broaden access to advanced analytics and strengthen risk management capabilities.

The European Commission secured TikTok's commitment to boost advertising transparency under the Digital Services Act (DSA). The platform must provide full ad content, update repositories within 24 hours, and offer detailed targeting criteria.

London-based beauty tech firm yuv secured €10 million in Series A funding to expand its smart hair color lab system. This investment allows yuv to grow its salon-focused technology across the UK and into the US market.

Proton, a privacy-focused company, launched Proton Sheets, an end-to-end encrypted spreadsheet app, challenging Google and Microsoft. The new tool integrates real-time collaboration, and requires a Proton Drive account for secure access across devices.

UK-based AI startup Superbo secured a strategic investment from Deep Capital to build enterprise automation. The funding will accelerate the adoption of their Agentic AI-powered intelligence and scale operations across EMEA and the US.

UK healthtech platform MANUAL acquired FORMEL SKIN, Germany's largest digital dermatology provider. This move unites two fast-growing healthtechs with plans to build a leading unified health platform....

The Dutch government's first Generative AI monitor revealed a surge in AI adoption across public sector organizations. Applications jumped from 8 to 81 in a year, with municipalities leading in chatbots and internal AI assistants....

Track Titan, an AI-powered platform for motorsport, secured a €4. 4 million seed round from investors including F1 and NHL backers....

A new venture studio called The Flywheel launches in Greece to co-found industrial AI startups with up to €300,000 in initial investment. The studio aims to bridge the gap between European tech talent and scalable companies.

The EU is probing Meta over concerns its WhatsApp AI chatbot restrictions could violate antitrust laws and harm competition. Meta's policy, which took effect in October, prohibits third-party AI chatbots, potentially favoring its own "Meta AI" service and leading to potential fines of $16....

Brussels is probing Meta's new AI policy on WhatsApp, fearing it may stifle competition within the European Economic Area. The investigation comes amid growing scrutiny of tech giants' use of AI across their platforms.

London-based Curvestone AI secured $4 million in seed funding to boost AI reliability for regulated sectors. The company's tech ensures dependable automation for document-heavy workflows, partnering with law and mortgage services.

Paris-based Brevo, a customer engagement software innovator, becomes a unicorn after securing €500 million in funding. The company aims to accelerate its product roadmap, particularly leveraging AI, and compete with US players.

French CRM company Brevo achieved unicorn status after securing €500M in funding, with General Atlantic and Oakley Capital joining as investors. The Paris-based company, valued at at least $1B, plans to expand its all-in-one CRM platform and pursue further acquisitions.

London-based Hypercritical secured £2 million in pre-seed funding to accelerate its machine learning model for generating control software. The AI-driven platform enables faster, more cost-efficient software development in sectors like aerospace, with plans to double its team.