News - For Business
Daily digest of all European digital development news
After driving major citizen campaigns, values-led MOVEMENTS secures €300k pre-Seed and opens extension round
Spanish platform MOVEMENTS secures €300k pre-Seed funding for its citizen movement scaling tool. The company is opening an extension round to attract strategic investors.
Supervisors, Police, and Public Prosecution Office want European ban against 'AI-disrobing apps and websites'
Dutch regulators and law enforcement agencies push for a Europe-wide ban on "nudify tools." They advocate for closing loopholes that allow consent-based creation of nudes, deeming it crucial for effective enforcement.
The missing layer in Europe’s AI strategy: data ownership
France and Germany push digital sovereignty, raising questions on AI data ownership. Analytics startup Countly emphasizes self-hosted platforms, empowering companies to control their user data....
Brussels-based Nexus lands €3.7 million to bring AI agents into core business operations
Brussels-based Nexus lands €3. 7 million to bring AI agents into core business operations....
Tallinn-based Pickmybrain raises €1.8 million to build AI-powered “Digital Brains” for experts and celebrities
Tallinn-based Pickmybrain secures €1. 8M pre-Seed funding to scale AI-powered "Digital Brains" for experts....
Sensmet secures €1.5M to scale real-time metals monitoring for Europe’s raw materials supply
Finnish firm Sensmet secures €1. 5M from EIT RawMaterials to enhance real-time metal monitoring....
Female-founded Finnish startup Audicin raises €1.6 million to develop audio treatments for nervous system overstimulation
Finnish NeuroTech startup Audicin raises €1. 6 million to develop audio treatments for nervous system overstimulation....
Monzo to exit US market
Monzo exits the US market to focus on its core UK and European operations. The UK digital bank, with 15 million customers, recently secured a European banking license.
Six months out of stealth, Credibur hits €2B in facility volume
Berlin-based Credibur supports €2B in debt facility volume, six months post-launch. The AI-driven platform manages credit facilities for European structured credit markets exceeding €1....
Swiss AviationTech startup Metafuels secures €1.92 million Dutch grant to boost Rotterdam e-SAF project
Swiss startup Metafuels secures €1. 92M Dutch grant for Rotterdam e-SAF project....