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

Edinburgh-based Wordsmith raises €60.2 million Series B to scale legal AI platform for in-house teams
Edinburgh-based legal AI startup Wordsmith raises €60. 2 million Series B to scale its platform for in-house teams....

EU court frees Meta’s Marketplace from gatekeeper rules but keeps Messenger in
EU court frees Meta’s Marketplace from Digital Markets Act gatekeeper rules but keeps Messenger listed. The General Court annulled the Commission’s designation of Marketplace, faulting its reasoning, while upholding the same label for Messenger.

Proposal for the Cloud and AI Development Act (CADA)
The European Commission proposes the Cloud and AI Development Act (CADA) to boost the EU's cloud and AI ecosystem. The act aims to strengthen investment, infrastructure, and autonomy by supporting R&D and accelerating data centre deployment.

Commission proposes tech sovereignty package to strengthen Europe's digital autonomy and resilience
European Commission launches a tech sovereignty package to boost autonomy in semiconductors, AI, and cloud technologies. The proposals aim to reduce dependency on non-EU suppliers and foster digital resilience for businesses and citizens.

Backed by Mistral AI founders, NP Company secures €6M pre-seed to advance AI for engineering
NP Company raises €6M pre-seed to advance AI for engineering simulation. Backed by Mistral AI co-founders, the company uses transformer models for physics simulation, accelerating engineering workflows up to 1,000 times faster.

Barcelona’s Zazume raises €2.5 million to scale its AI-powered rental management platform
Barcelona's Zazume secures €2. 5 million to scale its AI-powered rental management platform....

London’s DEScycle secures over €10 million in grant funding to scale critical metals recovery platform
London's DEScycle secures over €10 million in grant funding from European and UK innovation programmes for its critical metals recovery platform. This non-dilutive funding accelerates the deployment of their modular processing units, strengthening domestic metal supply chains.

Gradient Labs raises fresh $13M
Gradient Labs raises $13M Series A extension for AI agents in finance. The London-headquartered startup works with US and European fintechs, aiming for US expansion.
