News - For Business

Microsoft is assisting the European Commission in defending the EU-US Data Privacy Framework against a legal challenge. The software giant's intervention aims to ensure continued data flows between the EU and US for its enterprise customers.

Estonian defence tech firm Vegvisir secures venture investment to unify allied unmanned systems with its command-and-control software. The platform aims to bridge fragmented infrastructure, enabling interoperability across ground, air, and sea domains.

Spain’s Openchip secures €115 million to boost AI and HPC chip design, strengthening Europe's semiconductor capabilities. The investment adds to nearly €700 million in EU semiconductor funding for 2026 initiatives.

Czech cybersecurity startup Wultra lands €6. 8 million to support Europe’s digital identity wallet rollout....

Stark bags €500M, Alan agrees €480M, and Nearfield Instruments raises $380M in significant European tech funding. Main Capital closes a €5....

Germany’s Intu Diagnostics secures €1. 1 million for its lab-free molecular diagnostics platform....

Irish businesses face heightened cybersecurity threats during the upcoming EU Presidency. PwC warns companies to bolster defenses against an increased threat landscape.

Berlin-based Almetra raises €16 million Series A for its AI-powered manufacturing intelligence platform. The funding will accelerate product development and international expansion.

Irish HRTech startup HR Duo secures €1. 6M for UK expansion and SaaS infrastructure....

Amazon and Microsoft face strict EU DMA rules over cloud dominance. AWS and Azure are the largest cloud services in the EU, prompting regulatory scrutiny.

Brussels moves to designate AWS and Azure as gatekeepers under the Digital Markets Act, despite not meeting quantitative thresholds. The European Commission is taking a preliminary view that these cloud giants fall under the DMA's strictest rules.

Anthropic hires Orange's AI chief for its European expansion. Steve Jarrett will join the Claude maker in Paris to adapt products for European and African markets.

European Commission designates Azure and AWS as DMA gatekeepers, potentially imposing fines and interoperability requirements. Amazon and Microsoft dispute findings, citing competition and investment risks.

German challenger bank N26 reported its first full-year profit of €1. 6m in 2025, a significant turnaround from a €42m loss in 2024....

Irish Internet Hotline designated Trusted Flagger under EU's Digital Services Act. It will improve handling of illegal online content, especially concerning children.

Brussels proposes strengthening Europol by doubling staff and expanding data powers to combat rising digital and financial crime. Rights groups caution that surveillance measures are prioritized over safeguards in the new mandate.

CroíValve secures $20m additional funding, boosting its Series B to $36m for US and EU clinical studies. The investment will expand trials of its Duo Tricuspid Coaptation Valve System.

Austria’s Ora Computing secures €3. 5 million to make AI models smaller and faster....

Non-AI European venture funding fell 40% in Q1 2026. However, the cost of building startups has dramatically decreased, making this a prime time for founders to launch businesses.

Irish startup TensorX secures €8m to build sovereign AI inference for Europe. They will use Nvidia Blackwell GPUs to expand a GDPR-compliant platform for banks and hospitals unable to send data abroad.