News - For Business
Daily digest of all European digital development news
Inside Lithuania’s effort to build founders from the classroom
Lithuania launches a TV show, "Student Unicorn Hunt," placing young students in real startup environments to build and pitch companies. This initiative aims to foster entrepreneurial skills, preparing them for a rapidly evolving tech landscape and Lithuania's growing innovation ecosystem.
British CX software startup Serve First secures €5.7 million for growth and product development
British CX software startup Serve First secures €5. 7 million for AI development....
Edmund secures €2.5M to bring AI-driven troubleshooting to the factory floor
Czech startup Edmund secures €2. 5M to deploy AI agents for industrial troubleshooting, cutting diagnostic time by up to 90%....
Madrid-based Sybol lands €1 million+ to scale corporate digital identity infrastructure
Madrid-based Sybol lands €1M+ for corporate digital identity. The Spanish startup's funding fuels deployment of its enterprise verification platform and corporate wallet, preparing for eIDAS2 and the European Business Wallet.
AI Continent Action Plan delivers major milestones
European Commission's AI Continent Action Plan delivers major milestones, boosting AI innovation one year on. The EU has deployed 19 AI factories and launched the Data Union Strategy for data sharing.
British FinTech firm MillTech raises €51 million investment at €277 million valuation
British FinTech MillTech secures €51 million at €277 million valuation. Funding fuels North American expansion for the FX hedging and cash investments platform amidst a €2025-2026 European funding cycle.
March 2026's top 10 European tech deals you need to know about
European tech funding in March 2026 saw €7. 5 billion raised across 292 deals, with AI attracting €1....
Estonia’s Handhold raises €3 million to give every software buyer an AI account manager
Estonia's Handhold secures €3 million to deploy AI account managers for software sales. The AI platform automates the entire inbound customer journey, from lead qualification to renewal.
PLD Space adds €30 million EIB loan as it advances toward MIURA 5 test flight
PLD Space secures €30 million from the European Investment Bank for its MIURA 5 rocket development. This funding supports satellite deployment capabilities and commercial operations, marking the EIB's first direct investment in small launchers.
neuroClues raises €10 million Series A to become the brain’s stethoscope for early diagnosis of neurological disorders
neuroClues raises €10 million Series A to develop an AI-powered medical device for early neurological disorder diagnosis. The European Innovation Council fund is among investors backing the French-Belgian startup's technology.
Targeted consultation on measuring energy consumption and emissions of AI models and systems
The European Commission launches a consultation on measuring AI energy consumption and emissions, seeking input on a study to foster energy-efficient AI. Responses will inform an AI Act measurement framework and potential energy labeling.
Galway-based AI start-up Octostar raises €6.1m
Galway-based AI start-up Octostar secures €6. 1m funding, extending its round with existing investors and welcoming Milan-based The Techshop....
Ireland’s Octostar closes Seed extension round at €6.1 million for its sovereign AI-native intelligence platform
Irish AI startup Octostar secures €6. 1 million to fund its sovereign AI-native intelligence platform for national security....
European tech weekly recap: More than 60 tech funding deals worth over €1.2B
European tech saw over 60 funding deals and 5 exits last week. €1....
Recap: Europe’s top funding rounds this week (30 March – 5 April)
The Next Web reported on Europe's top funding rounds, highlighting Mistral's $830 million debt raise and a €1. 1 million workpod pre-seed....
Hackers breached the European Commission by poisoning the security tool it used to protect itself
European Commission breached via Trivy exploit; 92 GB data stolen and published. Cybercriminals TeamPCP and ShinyHunters behind the attack on AWS infrastructure.
Europe’s cyber agency blames hacking gangs for massive data breach and leak
CERT-EU blames TeamPCP for the European Commission hack and ShinyHunters for leaking stolen data. The breach highlights ongoing threats from cybercrime gangs targeting EU institutions.
Mistral raises $830M, 9fin hits unicorn status, and new Tech.eu Summit speakers unveiled
Mistral secures $830M in debt funding for its first data center. Fintech 9fin reaches $1....
PENEMUE raises over €1.7 million to combat online hate, digital violence, and disinformation with AI
PENEMUE secures over €1. 7M to combat online hate with AI....
Omniscient raises $4.1M to strengthen data-driven executive decision-making
Paris-based Omniscient raises $4. 1M pre-seed for its AI decision intelligence platform....