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

Allocation Strategy secured £1.6M to advance asset allocation technology
London-based Allocation Strategy secured £1. 6 million to advance its asset allocation technology for institutional investors....

Soldera’s 10x growth story: building the Stripe for renewable energy
Soldera, the "Stripe for Renewable Energy," achieved 10x revenue growth, reaching €1 million, after its €2. 5 million funding round....

From eggs to avocados – Germany’s Orbem raises €55.5 million for AI-powered MRI expansion
Orbem, a Munich-based DeepTech company, secured €55. 5 million to expand its AI-powered MRI solutions....

British workplace finance platform Stream adds €76 million in funding, bringing total raised to €194 million
London-based workplace finance provider Stream secured €76 million in Series D funding, bringing its total to €194 million. The platform, used by four million people across 2,000 brands, delivers financial tools to workers through their employers.

Odoo tops €7 billion valuation as General Atlantic increases stake
Belgian business software company Odoo's valuation has surged to €7 billion as General Atlantic increases its stake. This secondary transaction involved General Atlantic purchasing shares from Wallonie Entreprendre, a regional backer.
![Straight2Market: Your route from foodtech pilot to European retail shelf [Sponsored]](/_next/image?url=%2Fapi%2Fnews-images%2F1620.webp&w=3840&q=75)
Straight2Market: Your route from foodtech pilot to European retail shelf [Sponsored]
European foodtech startups are gaining a faster route to retail shelves through EIT Food's Straight2Market program, connecting them with major retailers. The program offers up to €30,000 for validation and pilots, impacting 15 startups in 2025.

NEOintralogistics secures €3M to democratise warehouse automation through RaaS
German robotics-as-a-service provider NEOintralogistics secured €3M in seed funding to democratize warehouse automation. The company's pay-per-pick model allows for quicker, more affordable automation and reduces reliance on manual labor.

French accounting software platform Pennylane raises $200M
French accounting software platform Pennylane secured $200M in a Series E round led by TCV, bolstering its AI development and European expansion. The funding values the company at $4....

Orbem raises €55.5M Series B to scale AI-powered MRI technology
Orbem, a deeptech company, secured €55. 5M to scale its AI-powered MRI technology for biological analysis....

European tech weekly recap: Tech.eu 2025 Annual Report and over €1B in funding activity
European tech saw over €1 billion in funding flow into the sector last week, fueled by more than 80 deals across the continent. The week also saw over 15 exits and mergers and acquisitions across the European tech landscape.

GeneralMind raises $12M to build AI autopilot for operational workflows
Berlin-based GeneralMind secured $12 million to build an AI autopilot for automating supply chain workflows. The AI system will execute workflows across email, spreadsheets, and ERP systems to manage tasks.

Stoïk raises €20M to strengthen its position in the European cyber risk market
French cyber insurance startup Stoïk secured €20 million in Series C funding to fortify its position in the European market. The AI-powered company, which protects over 10,000 businesses, will use the funding to expand into Central and Southern Europe.

Stilla emerges from stealth with $5M to address collaboration challenges in AI-driven companies
Stockholm-based Stilla launched with $5 million to build an AI collaboration platform for product teams. The platform integrates with tools like Slack and GitHub to provide shared context, helping teams align priorities as they scale AI adoption.

GeneralMind, AI startup founded by the team behind German unicorn Razor, secures €10.2 million just months after launch
Berlin-based AI startup GeneralMind, founded by the team behind Razor Group, secured €10. 2 million just six months after launch....

Sequoia-backed French accounting unicorn Pennylane secures €175 million as it nears profitability
Paris-based accounting unicorn Pennylane secured €175 million to accelerate AI development and expand across Europe. This funding round, led by TCV and Blackstone, aims to solidify its position as the financial OS for European SMEs and prepare for electronic invoicing in 2026.

From spare Coca-Cola machine parts to a €4 million funding round: the journey of Belgian startup Dripl
Brussels-based Dripl secured €4 million to expand its smart water dispensers across Europe, aiming for sustainable hydration solutions. The funding will boost production and expand beyond the 500 companies already using their services in Benelux.

Isle of Man launches National AI Office with £1M investment
The Isle of Man launches its National AI Office with a £1 million investment to coordinate AI adoption across government and industry. The new office will focus on developing a national AI strategy and accelerating practical AI adoption.

TeamFeePay announces £9M funding round and European expansion plans
Belfast-based sports tech company TeamFeePay secured £9M in equity funding to expand its platform across Europe. The software streamlines administrative tasks for grassroots football clubs, with plans to create up to 75 new roles.

Munich’s Vanagon Ventures secures €20 million to target Europe’s pre-Seed DeepTech and AI gap
Munich's Vanagon Ventures launches a €20 million fund to invest in European pre-Seed DeepTech and AI startups. The VC firm will back B2B companies tackling system-level challenges, with initial tickets up to €500k.

Europe’s €307 million AI funding call
Brussels launched a €307. 3 million funding initiative for AI and related technologies, focusing on trustworthy AI and digital autonomy....
