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

Techstars calls time on Turin accelerator
Techstars shutters its Turin accelerator, the latest European exit amid funding challenges. The program supported 69 startups, raising over $200M, but a strategic shift prioritizes "quality over quantity."

Spain’s PLD Space raises €180M to scale satellite launch infrastructure
Spain’s PLD Space secures €180M for satellite launch infrastructure, advancing commercial operations. The company aims for over 30 launches annually by 2030.

YC-backed Diligent AI raises €2.1 million to automate KYC and AML workflows using AI agents
London- and Berlin-based Diligent AI secures €2. 1M to automate financial crime compliance with AI agents....

EIF makes largest defence investment yet with €50M backing for Join Capital
EIF backs deeptech defence startups with €50M investment in Join Capital Fund III. The fund targets 25 early-stage European companies developing technologies for defence, security, and space applications.

Europe’s push for space autonomy gains momentum as Spain’s PLD Space secures €180 million Series C
Spain's PLD Space secures €180M to launch commercial space operations, accelerating European ambitions for market autonomy. The funding fuels industrial scale-up for its MIURA 5 rocket, targeting a growing global customer base.

Diligent AI raises $2.5M to support KYC and AML teams with AI agents
London-based Diligent AI secures $2. 5M to deploy AI agents automating financial crime compliance....

GHARAGE Ventures unveils €40 million Fund I, anchored by Gebr. Heinemann, to back travel and RetailTech startups
GHARAGE Ventures launches €40M Fund I, anchored by Gebr. Heinemann, to digitize the under-digitized travel and retail sectors....

GHARAGE Ventures launches Fund I and opens global travel platform
GHARAGE Ventures launches €40M fund targeting under-digitised travel retail. The fund will back startups with automation and AI focus, aiming for 30 investments globally.

Oslo’s Photoncycle raises €15 million to enable households to store surplus summer solar power for winter use
Photoncycle secures €15M to unlock household solar storage for winter. This technology converts surplus solar power into solid-state hydrogen, reducing Europe's reliance on imported fossil fuels.

Capgemini Joins OpenAI's Frontier Alliance to Scale Enterprise AI
Capgemini joins OpenAI's Frontier Alliance to accelerate enterprise AI deployment. This partnership aims to bridge the gap between AI experimentation and real-world business application.

Cambridge-based Mutable Tactics closes €1.8 million pre-Seed to power coordinated drone team autonomy using AI
DefenceTech startup Mutable Tactics secures €1. 8M pre-Seed for AI drone team autonomy....

Xsensio’s wearable chip that analyses proteins and hormones in real time draws €6 million
Xsensio secures €6M for its wearable chip analysing proteins and hormones in real time. This boosts Europe's €42M wearable biosensing funding surge, offering clinicians vital, previously unavailable, point-of-care data.

Brilliant Labs, Neuphonic and TheStage AI partner to bring privacy-first, cloud-free AI to smart glasses
Brilliant Labs, Neuphonic, and TheStage AI launch privacy-first AI for smart glasses, challenging cloud giants. Their tech processes sensitive data locally, promising faster response times and enhanced user privacy.

The best mobile tech announced at MWC 2026 so far
MWC 2026 launches new AI-powered gadgets as Barcelona show unveils Lenovo's peculiar robot arm concept. The event, running until March 5th, features innovative mobile tech from leading manufacturers.

Groundhawk raises €2M to digitise Europe’s underground infrastructure
Finnish startup Groundhawk secures €2M to digitise underground infrastructure mapping. This AI-powered solution tackles €100B in global damage from inaccurate surveys.

MacBook Pro M5 Pro and M5 Max: a textbook "if it ain't broke, don't fix it" but with two beastly hearts
Apple launches new MacBook Pros with M5 Pro and M5 Max chips, boasting eight times AI performance. The updated laptops aim to capture a significant share of the high-end computing market.

From Mac utilities to AI ecosystem: MacPaw’s next act
Kyiv-based MacPaw pivots to an AI-first organisation, developing AI products like its "Computerbeing" Eney assistant. This strategic shift aims to transform user interaction with Mac devices, leveraging AI to automate tasks and streamline workflows.

China has something the US lacks in its fight for AI supremacy: it is getting closer to total independence
China's Cambricon Technologies secures $560M for AI chip design, targeting NVIDIA's CUDA dominance. The company reported a 2025 net profit of €257M amid surging domestic AI demand.

AI for 3D Digital Twins in Cultural Heritage: Stakeholder Forum
Brussels hosts AI forum for 3D digital twins in cultural heritage, driving Europe's Apply AI Strategy forward. The event, set for March 23, 2026, aims to integrate advanced AI in preserving historical sites.

Antiverse secures $9.3M Series A for AI antibody platform
UK biotech Antiverse secures $9. 3M Series A for AI antibody platform....
