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

Social Links raises $3M to boost AI digital risk protection
Netherlands-based Social Links secured $3 million to advance its AI-driven digital risk protection tools for businesses. The AI agents counter AI-driven crime and fraud across social media and messaging services to secure brands and assets.

Model ML raises €65 million as its AI beats McKinsey and Bain benchmarks with under-3-minute output checks
Model ML, an AI workflow automation platform, secured €65 million to accelerate its global expansion and boost AI capabilities. The Series A funding, led by FT Partners, will help the London-based company expand across key financial hubs.

Revolut lands a €65 billion valuation after latest share sale fuels global bank ambitions
Revolut, the London-based fintech, secured a €65 billion valuation after a share sale boosted its global bank ambitions. The FinTech heavyweight's valuation increased, with investments from Andreessen Horowitz, Franklin Templeton, and NVentures.

Social Links raises €2.6 million to enhance AI tools that detect fraud, scam messages and brand misinformation
Social Links secured €2. 6 million in follow-on funding to enhance its AI tools for detecting fraud and misinformation....

Revolut valued at $75BN, with Nvidia and A16z joining investor roster
Revolut's valuation surges to $75 billion after a secondary share sale that brought in Nvidia and Andreessen Horowitz. This increase cements Revolut as Europe's most valuable private tech firm, with over 65 million customers and £3....

AI Act Service Desk helps organizations with AI regulations
Brussels launches the AI Act Service Desk to help organizations understand and implement the EU's AI regulations. The platform provides clear explanations, practical tools, and expert support for governments, businesses, and other stakeholders.

Talk on WhatsApp with other messaging apps: what this feature is, how it works, requirements and how to activate it
WhatsApp launches interoperability, enabling users to chat with other messaging apps within its platform. This feature rollout, driven by European regulations, allows users to communicate with other platforms directly from WhatsApp, despite not being available to all users yet.

Zurich’s Flexion raises €43 million to build the brains behind humanoids
Flexion, a Zurich-based robotics intelligence startup, secured €43 million in Series A funding to build the "brain" for humanoid robots. The investment, led by DST Global Partners, fuels the company's mission to create an intelligence stack for robots that can work alongside humans.

With UK families now facing up to €25.7k in university costs – Sencillo advances education finance platform with new €397k
Sencillo, a London-based FinTech, secured over €397k to launch a platform to help parents plan and manage education finances. The pre-Seed funding joins €47 million in FinTech investments across Europe this year.

Dutch online grocery store Picnic raises €430M
Dutch online grocery store Picnic secured €430 million from existing investors to fuel its expansion in Germany. The funding will also help Picnic grow into other unnamed markets, serving two million customers across 200 locations.

Berlin-based NexDash hauls in €5 million to electrify Europe’s freight
Berlin-based NexDash secured €5 million in seed funding to build Europe's first "Neo-Carrier" for electric trucks, aiming to digitize zero-emission freight. The funding, led by Extantia Capital, accelerates the shift from diesel fleets to electric, starting with Germany.

MuchBetter.ai banks €4M to boost workforce performance through AI-based conversations
French startup MuchBetter. ai secured €4 million to enhance workforce performance using AI-based conversation simulations....

Spanish VCs weigh in – What 2025 means for Spain’s growing startup ecosystem
Spanish venture capital firms are closing new funds, signaling growth in the country's startup ecosystem, with €120M from Armilar for DeepTech. Armilar targets B2B startups in AI, cybersecurity, fintech, and more, while 4Founders Capital's third fund reached €134 million.

NexDash raises €5M and launches AI-powered, fully electric road freight carrier
NexDash launches an AI-powered platform for electric trucking after securing €5 million in seed funding to electrify Europe's fragmented road freight sector. The Berlin-based startup will use the funds to finance acquisitions and charging infrastructure.

Meta ordered to pay €479m after losing Spanish GDPR battle
Meta must pay €479 million after losing a GDPR battle initiated by a Spanish media association over data usage. The suit, which was filed in late 2023, originally sought €550 million from the tech giant.

SOC Prime secures new investment to accelerate AI-driven threat detection
Ukrainian cybersecurity startup SOC Prime secured new investment to accelerate its AI-driven threat detection platform. The company, trusted by over 11,000 organizations, will use the funding to expand its US presence and tailor its 600,000+ detection library to each customer.

PolyModels Hub secures £7M investment led by Molten Ventures and Marathon VC
PolyModels Hub, a biotech software firm, secured a £7 million Series A investment to reshape how medicines are developed. The company uses AI and data-driven workflows to accelerate drug design, with plans to expand its engineering teams and platform globally.

Mirantus Health lands €5.5M to bring faster eye screening to 1,000+ locations
Berlin-based health tech firm Mirantus Health secured €5. 5M to scale its software platform, mira, for faster eye screening....

The only thing the European AI Law has achieved is leaving us crippled. The question is whether going back will be of any use.
The EU's AI Act, which entered into force in August 2024, is criticized for hindering innovation and hindering competition in the AI sector. Critics argue the regulation slows down progress in a field where the US and China are rapidly advancing.

The quest for longevity: 10 European startups shaping and defying the future of ageing
London-based startup 360Me utilizes AI to provide personalized health insights, drawing on lab results and wearable data to extend healthy lifespans. The longevity platform has raised €1....
