News - For Business
Daily digest of all European digital development news
Vanagon Ventures closes €20M Fund I to back deeptech startups
German VC firm Vanagon Ventures closed its €20M Fund I to back deeptech startups specializing in AI and quantum computing. The fund will invest up to €500,000 in pre-seed B2B companies targeting Europe's sovereignty and sustainability initiatives, aiming for approximately 30 portfolio companies.
Hamburg-based one.five raises €14 million to solve the product-market-fit problem in packaging
Hamburg-based one. five secured €14 million in Series A funding to scale its AI-powered platform for packaging product development....
Sinpex raises €10M Series A to redefine KYB automation for Europe’s AML era
Sinpex, an AI-powered KYB platform, secured a €10 million Series A round to automate compliance for European businesses. The SaaS solution streamlines client onboarding and KYB compliance, preparing companies for the 2027 EU AML Regulation.
YC-backed UK startup Elyos AI raises €11.1 million to build AI agents for trades and field services
Elyos AI, a UK startup, secured €11. 1 million to build AI agents for trades and field services, automating communications....
TNW Weekly Briefing
Brussels shifts towards open digital infrastructure with a call for evidence on Open Digital Ecosystems to reduce dependency. The DMA and DSA are entering an enforcement phase, making compliance the key concern for tech companies in 2026.
What's next for European tech, Parloa raises $350M, and two new unicorns
German AI customer service platform Parloa secured a massive $350 million in funding, tripling its valuation to $3 billion. The European tech scene also saw French AI startup Harmattan reach unicorn status with a $200 million raise.
Info Day: Building an ecosystem for GenAI in Public Administrations
Brussels is hosting a second online info day on February 9th to foster consortia building for its "GenAI in Public Administrations" proposal. The event aims to answer questions and facilitate matchmaking for stakeholders.
74% of employees have felt more productive using AI. Almost half have ended up correcting the result
Spanish workers are using AI more, with 74% reporting increased productivity due to the technology. However, nearly half of users still need to correct or refine the AI's output.
With their new €500 million fund, Germany’s DTCP raises the bar for European defense and resilience capital
DTCP, a German investment platform, launched a €500 million fund called 'Project Liberty' focused on defense, security, and resilience technologies. The fund aims to support the growth of European dual-use tech companies and bolster Europe's technological capabilities.
DTCP expands into defence with €20M-per-deal Fund for security and dual-use startups
DTCP launches "Project Liberty," a €450 million fund, to boost European defense and dual-use tech companies. The fund will invest an average of €20 million per deal in up to 30 companies, targeting software, AI, and cybersecurity.
HOLYWATER secures $22M to expand mobile microdrama content
HOLYWATER, a Ukrainian tech company, secures $22 million led by Horizon Capital to expand its mobile microdrama content using AI. The funding will fuel development of its vertical video streaming platform and content ecosystem.
Belgium’s Tinrate secures €1.6 million to monetise expertise, dubbed “OnlyFans for knowledge” by its founder
Belgium's Tinrate, dubbed the "OnlyFans for knowledge," secured a €1. 6 million seed round to launch its advice-sharing platform....
Now online: AI training Basic Digital Skills Module
The Dutch government launched an AI training module as part of its Basic Digital Proficiency program for all public sector employees. The e-learning course, which takes about 30 minutes, aims to educate civil servants on the basics of AI and its responsible use.
Amsterdam-based Optics11 secures €25 million EIB loan to strengthen Europe’s subsea and energy security
Amsterdam-based Optics11 secured a €25 million EIB loan to bolster European subsea and energy security with its advanced fiber optic sensing technology. The company's tech combines hardware with threat detection software to enable faster threat detection and prevent costly disruptions.
Parloa raises $350M, tripling valuation to $3BN
German AI voice agent startup Parloa secured $350 million in Series D funding, tripling its valuation to $3 billion in just seven months. This latest funding round brings the total raised to over $560 million in under four years, fueling global expansion with a focus on the US and Europe.
€310 million raise positions Germany’s Parloa ahead recent enterprise AI agent rounds
Berlin-based Parloa, developing AI agents for enterprises, secured a massive €310 million Series D round to expand in the US and Europe. This brings its valuation to €2....
AINA introduces AI-driven hiring platform backed by $1M raise
Cyprus-based AINA secured $1 million in seed funding to expand its AI-driven hiring platform. The platform aims to improve hiring efficiency and reduce recruitment costs by automating tasks and offering career coaching, having already facilitated over 2,000 interviews.
Hydrosat’s thermal satellite tech targets water scarcity and agricultural risk, backed by new €51 million
Luxembourg-based Hydrosat secured €51 million in Series B funding to expand its thermal satellite data and AI-powered analytics. The investment comes amid increasing capital flow into European Earth observation and geospatial analytics, including recent funding for Titan4 and Marble Imaging.
Dublin’s Luna bags €1.5m to bring its AI safety camera to market
Dublin-based Luna secured €1. 5 million to launch its AI-powered rear-facing cycling camera and smartphone app....
The 25 tech companies that dominated European funding in 2025
European tech companies secured €72 billion in 2025, with over 3,740 deals completed, marking the second-strongest year in the last three for investment. CityFibre, a UK-based full-fibre broadband network provider, secured £2....