News - For Business

European AI startup kausable raises €12 million to develop reasoning-first frontier AI. This funding addresses the need for efficient AI adaptation amidst geopolitical instability and the push for European digital sovereignty.

Brite Payments CEO Lena Hackelöer discusses European payment sovereignty and the challenges of scaling FinTech across the EU. The company aims to reduce reliance on non-European infrastructure by building a pan-European instant payment network.

Microsoft and Mistral AI form an alliance to advance sovereign AI in Europe. This partnership bolsters Mistral's standing as a leading European AI vendor and expands Microsoft's European footprint.

European Commission launches three GenAI pilots for public administration. The Digital Europe Programme funds projects focused on trustworthy generative AI uptake across the continent.

Ireland stalls €1B Microsoft tender over digital sovereignty concerns and push for open-source alternatives. The cancellation follows questions about reducing reliance on US tech, with calls to explore European-regulated services instead.

European Technology Group (ETG) acquires UK fintech-for-good platform Lightning Reach. The acquisition aims to help over 1 million people access £25 million in financial support by 2028.

French AI startup Mistral seeks billions at a €20bn valuation, with Samsung in talks to invest. This funding round highlights significant backing for European AI ventures aiming for global competition.

The Dutch government signs a framework agreement with European cybersecurity firm ESET. This deal promotes secure, responsible use of EU-based cybersecurity services, reducing reliance on non-European suppliers and enhancing digital resilience.

Humanoid secures €133M at €1. 1B valuation, becoming Europe's newest robotics unicorn....

EU debated domestic cloud capacity and Big Tech dependence as AI infrastructure demands surge. Europe's AI opportunity lies in selective ambition, focusing on areas where it has advantages rather than solely competing on US scale.

Airbus Defence and Space anchors a €500M European defence tech fund, E2D, backing European growth-stage companies. The fund's first investment is in French AI firm Alta Ares, developing counter-drone solutions.

The EU fines AliExpress €550m over its failure to tackle illegal products. This move follows a similar Digital Services Act breach fine levied against Temu.

EU-Startups reveals the top 10 investors actively shaping Europe's startup ecosystem in 2026 so far. German investors show significant strength, with High-Tech Gründerfonds and Bayern Kapital featuring prominently.

The European Commission is partnering for Digital Talent EU Days in Dublin on October 15-16, 2026. The event will debate Europe’s digital skills challenges, aiming to drive action on talent, competitiveness, and inclusion.

European Parliament launches EPGenAI Hub to curb MEPs' use of public AI chatbots for drafting legislation. The internal tool offers sanctioned access to models from Meta, OpenAI, and Anthropic to maintain control over legislative content.

The European Innovation Council (EIC) is expanding its Service Catalogue, a marketplace connecting EIC-backed startups with specialist support. Service providers can now join this growing network to gain visibility and reach new clients among Europe's innovators.

Zalando joins Sereact's $116M Series B to boost AI warehouse robotics. This investment accelerates AI-powered automation for fashion returns, a critical operational challenge in Europe.

European Commission fines AliExpress €550 million for breaching the Digital Services Act. The platform failed to adequately assess and mitigate risks associated with illegal and counterfeit products.

Lockheed Martin Ventures commits at least €87 million to DefenceTech in the UK and Europe. The US VC firm opens a London office to invest in promising companies, aiming to bolster the transatlantic defense industrial base.

European tech saw over €2. 7B in funding and 10+ exits....