News - For Business

Amsterdam-based Anterra Capital’s Fund III reaches €86 million first close, targeting €172. 1 million for food and agriculture tech....

Madrid’s Orbio secures €18. 09M Series A to scale its AI workforce platform for frontline teams....

Brussels launches new alphabet soup for tech buyers, aiming to triple datacenter capacity by 2030. Gartner warns the EU's Technological Sovereignty Package, with its four-level Union Assurance Levels, will add complexity for public sector CIOs.

Varangians, a DefenceTech fund, closes over €10 million in Stockholm to support Ukraine's innovation ecosystem. The fund backs Ukrainian companies producing vital tech for Europe.

NEURA Robotics secured up to $1. 4B Series C to scale its physical AI and cognitive robotics platform....

Mistral AI, Europe’s leading AI startup, is in talks to raise €3bn at a €20bn valuation. This nearly doubles its previous investor valuation, highlighting significant growth in the European AI sector.

AI startup Mimir raises €518. 3k to automate e-commerce operations....

Fintech firm Pleo lays off approximately 50 staff, impacting product, tech, and data roles across Denmark, the UK, and Germany. The move aims to simplify decision-making and accelerate product delivery for European customers.

Berlin-based Angel Invest closes €40 million Fund III, exceeding its target. The fund will invest in angel, pre-Seed, and Seed stage companies, building on its portfolio of over 110 backed startups.

Polish SpaceTech startup Sybilla Technologies secures over €8 million to enhance its space monitoring capabilities. The funding will expand its sensor network and analytical services, deepening cooperation with partners across Europe.

Meta clashes with the EU Commission over blocking rival AI bots from WhatsApp Business. The skirmish highlights ongoing tensions regarding platform access and competition within the European digital market.

Hamburg-based Generation Tech Partners launches a €50M AI roll-up fund to acquire German SMEs. The fund aims to revamp these companies with AI, creating larger entities for eventual sale.

The European Central Bank restricted Revolut from launching new products across the European Economic Area due to concerns about its rapid approval processes. This intervention had not been previously disclosed.

Polish FinTech paymove secures €2. 12 million to build payment infrastructure for AI agents and expand into Western Europe....

The European Commission launches its final Code of Practice on marking AI-generated content. The voluntary code aids providers in meeting AI Act transparency obligations, requiring clear labelling of deepfakes and AI-manipulated public interest content from August 2, 2026.

Brussels delays datacenter efficiency ratings, risking credit for operators and lenders. The EU's proposed A-to-G scale faces industry criticism over climate diversity and stalled implementation.

Paris-based Uncovr raises €6 million for its surgical AI that transforms operative video into clinical records. This funding fuels development of foundational datasets for scaling surgical knowledge transmission and application.

The EU orders Meta to open WhatsApp to rival AI chatbots, preventing 'irreparable harm to competition.' This move addresses the growing market for AI integration within messaging platforms.

The AI Office is hosting an info session on June 22nd to present the Code of Practice for transparency of AI-generated content and its signature process. Interested signatories must register by June 18th to receive further details.

Office EU launches as a European alternative to Microsoft 365 and Google Workspace, prioritizing data privacy within the EU. The Dutch-based suite, built on Nextcloud Hub and integrating Collabora Online, aims to keep user data in Europe and out of reach of US CLOUD Act access.