News - For Business
Daily digest of all European digital development news
Spanish ‘soonicorn’ Multiverse Computing releases free compressed AI model
Spanish AI firm Multiverse Computing launches a free, compressed AI model that outperforms Mistral. The HyperNova 60B model, available on Hugging Face, offers a powerful open-source alternative.
Allica Bank to become UK’s latest fintech unicorn, following $155M funding round, according to report
UK fintech Allica Bank nears unicorn status with $155M Series D, eyeing European expansion and AI development. This significant funding fuels its strategy to become the dominant digital bank for established SMEs.
Dutch AI inference chipmaker Axelera AI raises $250M
Dutch AI chipmaker Axelera AI secures record €250M Series B, fueling edge inference technology. The funding boosts Axelera's mission to make AI more energy-efficient and deployable on devices.
Everyone wants to take the throne from ASML. Today ASML has decided the throne is higher
ASML unveils EUV light source advance, boosting chip production by 50% by 2030. This innovation intensifies the global race for semiconductor manufacturing dominance.
Spain has just plugged in more batteries in one month than in three years: this is the plan to store our cheapest energy
Spain dramatically accelerates battery storage deployment, connecting over 57MW in January 2026 alone. This surge aims for 22....
Power Protocol reaches $15.4M total funding to expand gaming ecosystem
London blockchain platform Power Protocol secures $3M from BITKRAFT Ventures, boosting its gaming ecosystem funding to $15. 4M....
The New Era of Shopping raises $1.4M Pre-Seed to help brands win in the age of agentic commerce
The New Era of Shopping raises $1. 4M Pre-Seed to help brands connect with AI shoppers....
Amid €65 billion lost each year to stroke and dementia in Germany, nyra health secures €20 million to scale digital neurotherapy
nyra health secures €20M for AI neurotherapy platform scaling in DACH and US. This funding accelerates a data-driven approach to post-stroke and dementia care.
From ‘prompt-and-pray’ to production: Straion raises €1.1M to govern AI coding at scale
AI coding startup Straion secures €1. 1M to govern AI-generated code at scale....
From capital markets to combat drones: 10 of the most promising Lithuanian startups to watch in 2026
Lithuanian fintech Axiology builds digital infrastructure for tokenised bond issuance and trading on XRP Ledger. Authorized under the EU DLT Pilot Regime, it streamlines fixed-income instruments for licensed brokers and banks.
Checkout.com says 2025 full-year profitable, ups headcount
London-based Checkout. com processed over $300bn, a 64% surge, and grew revenue over 30% for a second year....
Tewke secures £1.5M to scale AI-powered home energy platform
London’s Tewke secures £1. 5M to scale its AI-powered home energy platform, Tap....
Celebratix closes €2.2M round to scale European ticketing
Amsterdam ticketing startup Celebratix secures €2. 2M to consolidate Europe's fragmented market....
Munich-based VoiceLine raises €10 million to scale its voice AI platform for enterprise frontline teams
Munich-based VoiceLine secures €10 million Series A for its voice AI platform aimed at enterprise frontline teams. This funding accelerates international expansion and makes enterprise-grade voice AI accessible to more organizations.
Ghent-based Dytto raises €1.5 million pre-Seed to “free the accountant” using AI
Ghent-based Dytto secures €1. 5M pre-Seed funding for its AI accounting assistant....
Finnish quantum unicorn IQM set to go public
Finnish quantum unicorn IQM plans a $1. 8 billion IPO via SPAC, aiming for US stock markets....
Danish startup Hybrid Greentech attracts €15 million investment to accelerate European grid flexibility rollout
Danish firm Hybrid Greentech secures €15M for grid flexibility tech, accelerating European rollout. The VPP provider's funding highlights a surge in digital energy solutions across the continent.
Two Spanish space giants have joined forces to take 5G defense satellites into space: PLD Space and Sateliot
Spanish firms PLD Space and Sateliot partner to launch 5G defense satellites, boosting European tech sovereignty. Tritó constellation satellites will ride a dedicated Miura 5 rocket in late 2027.
Finland-based quantum computing startup IQM to go public in US via SPAC
Finland's IQM, a quantum computing leader, prepares for a US SPAC listing at $1. 8 billion....
Ofcom fines porn site £1.35m for lacking age checks
Ofcom fines porn site £1. 35m for failing age verification....