News - For Business
Daily digest of all European digital development news
Supervisors, Police, and Public Prosecution Office want European ban against 'AI-disrobing apps and websites'
Dutch regulators and law enforcement agencies push for a Europe-wide ban on "nudify tools." They advocate for closing loopholes that allow consent-based creation of nudes, deeming it crucial for effective enforcement.
The missing layer in Europe’s AI strategy: data ownership
France and Germany push digital sovereignty, raising questions on AI data ownership. Analytics startup Countly emphasizes self-hosted platforms, empowering companies to control their user data....
Brussels-based Nexus lands €3.7 million to bring AI agents into core business operations
Brussels-based Nexus lands €3. 7 million to bring AI agents into core business operations....
Tallinn-based Pickmybrain raises €1.8 million to build AI-powered “Digital Brains” for experts and celebrities
Tallinn-based Pickmybrain secures €1. 8M pre-Seed funding to scale AI-powered "Digital Brains" for experts....
Sensmet secures €1.5M to scale real-time metals monitoring for Europe’s raw materials supply
Finnish firm Sensmet secures €1. 5M from EIT RawMaterials to enhance real-time metal monitoring....
Female-founded Finnish startup Audicin raises €1.6 million to develop audio treatments for nervous system overstimulation
Finnish NeuroTech startup Audicin raises €1. 6 million to develop audio treatments for nervous system overstimulation....
Monzo to exit US market
Monzo exits the US market to focus on its core UK and European operations. The UK digital bank, with 15 million customers, recently secured a European banking license.
Six months out of stealth, Credibur hits €2B in facility volume
Berlin-based Credibur supports €2B in debt facility volume, six months post-launch. The AI-driven platform manages credit facilities for European structured credit markets exceeding €1....
Swiss AviationTech startup Metafuels secures €1.92 million Dutch grant to boost Rotterdam e-SAF project
Swiss startup Metafuels secures €1. 92M Dutch grant for Rotterdam e-SAF project....
Have your say on the Digital Fairness Act
The EU is launching a public consultation for its Digital Fairness Act, targeting children aged 12-17. The new law aims to ensure safe and positive online experiences for young users across apps, websites, and social media platforms.
Paris-based Kestra lands €21 million Series A for orchestration platform expansion
Paris-based Kestra secures €21 million Series A for its open-source orchestration platform. The funding accelerates Kestra 2....
New unicorn alert! 9fin raises €148 million at a €1.1 billion valuation for its global debt markets platform
9fin raises €148 million at a €1. 1 billion valuation to expand its AI-powered debt markets platform....
Belgium-headquartered crypto startup Keyrock hits unicorn status, says valuation quadrupled
Belgium-based Keyrock secures $1. 1bn valuation, quadrupling from its last round....
ToT for IoT safety: Test of Things raises €1.2 million to automate cybersecurity testing of connected products
Finnish cybersecurity startup Test of Things raises €1. 2 million to automate IoT security testing....
Nebius announces construction of one of Europe's largest data centres
Nebius launches construction of one of Europe's largest data centres in Finland, aiming for 310MW capacity by 2027. The AI infrastructure company secured multi-billion dollar contracts with Meta and Microsoft.
Paris-based Standing Ovation raises €30 million to produce dairy proteins through precision fermentation
Paris-based Standing Ovation secures €30 million to produce dairy proteins via precision fermentation. The funding aims to commercialize proteins in North America before expanding into Europe and Asia.
Ex-Reuters team out of Denmark raises €1.5 million for AI newsroom Financial News System
Copenhagen-based Financial News Systems secures €1. 5M for its AI-only financial newsroom....
Berlin-based Midas lands €43 million to expand tokenised investment infrastructure
Berlin-based Midas lands €43 million to build tokenized investment infrastructure. The funding accelerates instant redemptions and deeper liquidity across onchain investment products.
The French AI startup that benefits from geopolitical chaos has just raised $830 million. For European data centers
French AI startup Mistral AI secures $830 million to build European AI data centers. The funding surge is partly driven by a demand for European alternatives to US tech giants, exacerbated by geopolitical shifts.
Italy’s VC ecosystem matures into €10B engine — but structural gaps still hold it back
Italy's VC ecosystem has matured into a €10 billion engine, with annual investments quadrupling over the decade. However, structural gaps and limited corporate participation hinder its growth and European competitiveness.