News - For Business

Granarium Technologies raises €1M+ for grid-stabilizing supercapacitors, addressing increasing EU grid volatility. The company's nanocellulose tech offers scalable, locally producible storage to meet EU requirements and renewable energy transitions.

Finnish Skyfora secures €6. 5 million to expand its AI-powered atmospheric sensing network....

The EU AI Act's draft guidelines for high-risk classification were released. Dentons Ireland legal experts assess when AI systems will fall under these new regulations.

US officials urge NATO allies to use defence budgets to rip out Huawei equipment. Joshua Young stated last month that allies should leverage defence funding for this purpose.

Brussels seeks a new tool to force companies to diversify chip and rare earth sourcing. EU trade chief Maroš Šefčovič proposed the instrument to cut dependence on single suppliers, especially China.

German fintech Solaris aims to become "Europe's first AI-native bank" after a strategic repositioning. The Berlin-based company is rebuilding its processes with AI, leveraging LLMs and in-house tech, which led to a 20% workforce reduction.

The EDIH Summit 2026 will convene the European Digital Innovation Hubs network and EU institutions to analyze Europe's AI ecosystem functionality. The event aims to strengthen the AI innovation ecosystem across the European Union.

The European Commission unveiled the Tech Sovereignty Package, aiming to bolster European AI, cloud, and semiconductor capabilities. This package introduces new legislation and strategies to reduce reliance on non-EU suppliers and foster digital autonomy.

Brussels fears US tech firms could unilaterally cut off access to critical digital services, impacting European sovereignty. The EU is advancing its Chips Act and other digital policies to bolster its technological independence.

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 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.

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.

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.

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 secures €2. 5 million to scale its AI-powered rental management 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 $13M Series A extension for AI agents in finance. The London-headquartered startup works with US and European fintechs, aiming for US expansion.