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

ElevenLabs’ €424 million raise values the company at €9.3 billion and marks one of Europe’s largest AI funding rounds this year
AI voice startup ElevenLabs secures €424 million, valuing the British company at €9. 3 billion....

Invest Europe and EIF report: How gender and geography shape Europe’s VC ecosystem
Invest Europe reveals European VC hubs foster strong connections, driving cross-border investment. British Isles lead as preferred partners, while Spain and Italy keep most capital local.

The EU-Startups Podcast | Interview with Tessa Clarke, Co-founder and CEO of Olio
Olio's co-founder discusses the platform's mission to redistribute surplus food and household items, empowering communities to reduce waste. The app connects neighbours and retailers, helping 9 million users share 135 million meals and prevent 300,000 tonnes of CO₂e.

January 2026's top 10 European tech deals you need to know about
European tech startups secured €5 billion in January, a 24% funding drop. Fintech led sector activity, with Germany attracting €1....

Synthesia and Flatpay founders back Pluto.markets in $6M raise
Danish fintech Pluto. markets secures $6M seed funding to disrupt Nordic brokerage with commission-free trading....

Kembara closes €750M first close to fuel growth of European deep tech startups
Europe's largest deep tech fund, Kembara, closes a €750M first tranche to invest in AI, quantum, and space tech. The European Investment Fund committed €350M to bolster local growth capital.

Privacy does not stop at the border, we must work together
Dutch Caribbean jurisdictions tackle urgent privacy and digital resilience challenges. A symposium highlighted the need for cross-border cooperation to safeguard data and build citizen trust in digital governance.

Safer internet day 2026
Europe launches 23rd Safer Internet Day to champion online safety with events across the continent. Hundreds of initiatives in schools, cinemas, and online aim to foster better digital experiences for all.

Gardia secures €8.5M to scale its mobile emergency system for seniors
Healthtech startup Gardia secures €8. 5M to scale its AI-powered mobile emergency system for seniors....

ElevenLabs hits $11bn valuation with $500m series D funding round
AI voice startup ElevenLabs secures $500m Series D, reaching $11bn valuation. The funding fuels expansion for its leading generative AI voice platform.

Valeria lands $2M to fix payroll for the frontline economy
Barcelona-based Valeria secures $2M to overhaul payroll for high-turnover sectors like hospitality. Their platform tackles complex shifts, tips, and compliance, modernizing operations for over 150 frontline workers.

HR tech company talentguide raises €1.3M to expand data-driven skills management in Europe
Belgian HR tech firm talentguide secures €1. 3M to boost its AI-driven skills intelligence platform across Europe....

Willo secures €2.9M to commercialise alignment-free wireless power
Finnish deeptech firm Willo secures €2. 9M for its breakthrough alignment-free wireless power system....

Ten municipalities fined for illegal processing of information about Muslim people
Dutch municipalities fined €250K for illegally processing sensitive data on Islamic residents. This violation of the GDPR highlights privacy breaches and unauthorized handling of religious and political affiliations.

Stripe alumni raise €30M Series A for Duna, backed by Stripe and Adyen execs
Stripe alumni launch Duna, securing €30M to combat online fraud with advanced identity verification. Backed by CapitalG and Adyen execs, the startup aims to streamline secure digital transactions across Europe.

AI SRE Resolve AI confirms $125M raise, unicorn valuation
AI SRE Resolve AI secures $125M at unicorn valuation, accelerating AI infrastructure management for European companies. The Series A funding propels its mission to simplify complex AI deployments.

ElevenLabs raises $500M, says building towards IPO
AI audio startup ElevenLabs raises $500M at $11B valuation, pushing towards IPO. The UK-based firm, with Polish founders, uses AI to generate human-like speech and plans international expansion.

Europe has just realized an alarming scenario: that Russia has known all its moves from space for years
Russia is using decades-old, unencrypted European satellites for espionage, exploiting a critical blind spot. This reveals a major strategic vulnerability in Europe's space architecture, now a silent battlefield.

QT Sense raises €4 million to develop quantum platform for cancer, sepsis and arthritis research
QT Sense secures €4 million for its quantum sensing platform to track cellular stress in real-time. This deep tech funding accelerates development for cancer, sepsis, and arthritis research, enabling new insights into disease.

PayPal-backed Modulr banks first full-year profit
UK fintech Modulr, backed by PayPal, reports its first full-year profit, signaling a strong financial turnaround. The embedded payments platform processes over 200 million transactions annually.
