News - For Business
Daily digest of all European digital development news
The European Union has a crystal clear vision for the future of its network infrastructure: there will be no Chinese equipment
Brussels tightens telecom security by recommending member states exclude Huawei and ZTE equipment. This move paves the way for mandatory removal of "high-risk suppliers" from critical networks.
Netradyne acquires Moove Connected Mobility to scale AI-powered fleet intelligence across Europe
AI fleet safety provider Netradyne acquires German-founded Moove Connected Mobility to scale AI-powered fleet intelligence. This union creates a strong foundation to serve enterprise customers across Europe, with Moove becoming Netradyne Europe's central operating hub.
WaiV Robotics emerges from stealth with €6.4 million to develop autonomous UAV landing infrastructure
WaiV Robotics secures €6. 4M for autonomous UAV landing infrastructure....
eleQtron closes €57m Series A, one of Europe’s largest quantum-computing rounds
German quantum computing firm eleQtron secures €57m Series A, a significant European funding round. The company focuses on trapped-ion technology amid a landscape dominated by US and Asian venture capital.
Paris-based Lithosquare raises €21.3 million to accelerate transition-critical mineral discovery with Geology AI
Paris-based Lithosquare raises €21. 3 million for its AI-driven mineral discovery platform....
EU and Japan accelerate cooperation on AI, data, quantum and chips
EU and Japan accelerate digital cooperation, deepening regulatory and research ties on AI, data, quantum, and chips. The partnership aims to improve cross-border data flows and strengthen cooperation on digital infrastructure and platform regulation.
Joint Statement of the fourth meeting of the European Union - Japan Digital Partnership Council
EU and Japan reaffirmed their digital partnership, acknowledging its maturity as a platform for navigating the digital age. The fourth meeting in Brussels focused on shared democratic values and human-centric digital transformation.
Ryanair asks to suspend the new EU border control system: many are losing flights due to the queues it generates
Ryanair demands EU border system suspension due to hour-long queues causing flight cancellations. The new EES biometric entry/exit system's April rollout has heavily impacted summer travel.
A-Cube lands €4M to accelerate global expansion
Italian regtech A-Cube lands €4M to accelerate global expansion of its automated digital tax compliance platform. The funding will strengthen its presence in key European markets and integrate AI capabilities.
Ineffable Intelligence launches with $1.1B, Nebius buys Eigen AI in $643M deal, and UK startups enter UK parliament
UK startups Ineffable Intelligence and Ebury secured significant funding rounds of $1. 1B and £550M respectively....
Amsterdam’s VNYX secures over €1 million to make fashion resale more profitable than dumping and burning
Amsterdam's VNYX secures over €1M in funding to automate fashion resale, slashing processing times from 19 to 3 minutes. The FashionTech startup aids compliance with EU laws banning goods destruction and offers a profitable alternative to dumping.
Featherless.ai secures $20M to expand serverless platform for open-source AI
Featherless. ai secures $20M to expand its serverless platform for open-source AI, offering enterprises AI independence....
SPRIND opens applications for €125M competition to build Europe’s first frontier AI labs
SPRIND, Germany's innovation agency, launched a €125M competition for Europe's first frontier AI labs. Applicants must aim to leapfrog current AI leaders, with up to €1 billion in follow-on funding available.
Italy’s antitrust authority closes probes into DeepSeek, Mistral, and Nova AI over AI hallucination disclosures
Italy's AGCM closes probes into DeepSeek, Mistral AI, and Nova AI over AI hallucination disclosures. The authority accepted binding commitments, setting a benchmark for transparency with a 120-day compliance window before potential fines.
Cambridge-based Arm spin-out Kigen secures €11.5 million to scale eSIM cybersecurity
Kigen secures €11. 5 million to scale eSIM cybersecurity solutions....
Age verification is nothing. Greece wants to completely eliminate anonymity on the internet
Greece wants to completely eliminate anonymity on the internet. The government seeks to require identity disclosure on digital platforms to combat deepfakes and disinformation.
Gifting marketplace Flowwow rebrands to Udora, separating from Russian business and raising €8.5 million for European growth
Gifting marketplace Udora raises €8. 5 million, focusing on European growth and AI personalisation....
Commission urges Member States to rollout EU age verification app
Commission urges EU Member States to accelerate rollout of secure age verification app by year-end. The app protects minors from harmful online content and can integrate with the EU Digital Identity Wallet.
No US funding, no problem: Málaga’s Freepik relaunches as Maginific with €200 million ARR
Málaga's Freepik relaunches as AI platform Magnific, reporting €196 million ARR. The company now integrates image, video, audio generation, and collaboration tools in one environment....
AI and open source, what's the deal?
AI expert discusses European legal requirements for transparency in AI systems. She highlights that not all "open" AI models are truly open source, and European legislation demands openness regarding model weights and data.