News - For Business
Daily digest of all European digital development news
Cowboy seals majority-stake deal with ReBirth to restart production and stabilise operations
Cowboy, the Belgian e-bike company, secures a majority stake deal with ReBirth, injecting €15 million and restructuring finances. This partnership integrates Cowboy's digital platform with ReBirth's industrial expertise to stabilize production and support 80,000+ riders.
Following last month’s triple valuation, Quantum Systems deepens its autonomous focus through FERNRIDE deal
German AI-powered unmanned systems developer Quantum Systems acquired FERNRIDE to expand into autonomous ground mobility. This move merges two innovators in the field, following Quantum Systems' €180 million and FERNRIDE's €18 million funding rounds.
Monzo wins European banking licence, as investors agitate for CEO return
Monzo secures a European banking license, paving the way for expansion across the EU, starting in Ireland. The UK digital bank, with over 13 million customers, can now offer its banking products, including loans and mortgages, to millions more customers.
This Christmas you can buy online with more security using a VPN: this one costs less than two euros a month and comes with three extra months
Online shoppers can enhance their security this holiday season using a VPN, a key tool for safe browsing. Surfshark offers a VPN service for only €1....
Ukraine battlefield use underpins €5.8 million raise for ZeroPhase’s communications software
Munich-based ZeroPhase secured €5. 8 million in seed funding to advance its software-defined data links for unmanned defense platforms....
Palantir veterans’ startup Ankar raises €17 million to expand AI-driven IP software into the US
London-based AI platform Ankar secured €17 million to expand its AI-driven IP software into the US market. The funding follows a trend of increasing investment in AI-enabled legal and IP software, with a total of approximately €24....
Ankar lands $20M Series A to reinvent how Innovation becomes defensible IP
Ankar, an AI-powered IP platform, secured a $20 million Series A round to revolutionize how innovation becomes defensible IP. The platform unifies the entire patent lifecycle, addressing fragmented tools and slow enterprise adoption.
First Draft Code of Practice on Transparency of AI-Generated Content
Brussels released a first draft Code of Practice on transparency for AI-generated content. The code addresses key considerations for AI system providers and deployers, aiming for content labeling.
Used by Deliveroo and Zalando, the UK’s Ben secures €23.6 million to scale employee benefits platform
London-based AI-powered employee benefits platform Ben secured €23. 6 million to expand its product offerings....
UK neobank Monzo secures full Irish and European banking licence
Monzo, the UK neobank, secures a full European banking license, with Dublin as its official EU headquarters. The license, authorized by the Central Bank of Ireland, allows for expanded operations across the continent.
Commission publishes first draft of Code of Practice on marking and labelling of AI-generated content
Brussels unveiled a first draft of its Code of Practice on marking and labeling AI-generated content, pushing forward its AI Act implementation. The voluntary code, designed for providers and deployers, will finalize by June 2026, with transparency rules becoming applicable on August 2, 2026.
Quantum Systems expands defence autonomy stack with FERNRIDE acquisition
Quantum Systems acquired FERNRIDE, expanding into autonomous ground mobility for defense and logistics. This move integrates FERNRIDE's platform into Quantum Systems' unmanned systems ecosystem.
HAN receives a fine of 175,000 euros for insufficient security of personal data
The Dutch Data Protection Authority fined HAN University €175,000 for failing to adequately secure personal data. The investigation revealed insufficient measures were taken to protect student and employee information.
geoSurge emerges from stealth to help brands improve visibility in AI search
London-based AI startup geoSurge launches to help brands improve visibility in large language models. The company's platform helps organizations assess their brand representation and maintain visibility, as LLMs shift with every update.
Luxembourg’s Fundvis raises €2.12 million to scale its AI-powered fund oversight platform
Luxembourg's Fundvis secured €2. 12 million to expand its AI-powered fund oversight platform across Europe....
Wodan AI closes a €2M round to advance sovereign AI development in Europe
Wodan AI secured €2 million to advance sovereign AI development using homomorphic encryption in Europe. The funding will support R&D, expand the platform for encrypted computer vision and LLMs, and relocate its headquarters to Madrid.
NobodyWho raises €2M to challenge Big Tech’s cloud AI with SLMs for local devices
Danish startup NobodyWho secured €2 million in pre-seed funding to challenge Big Tech's cloud AI dominance with Small Language Models. Their device-first approach allows AI to run locally, offering data security and potentially cutting AI's carbon footprint by up to 100 times.
Former Factorial executives bootstrap Ramensoft with €400k to build human-first content platform
Ramensoft, founded by former Factorial executives, launches with a €400k seed round to build a human-focused content platform. Their first product, Fika, aims to restore the prominence of human talent online, reflecting a trend towards creator-focused tech.
Devs say Apple still flouting EU's Digital Markets Act six months on
Apple is facing fresh criticism from developers, six months after the Digital Markets Act went into effect. The EU's new regulations, designed to foster competition, have yet to see full compliance from the tech giant.
The arrival of AI in video games seems inevitable. But not everyone is equally convinced
The gaming world is hotly debating the ethical implications of AI. The demo for 'Codex Mortis', a game developed entirely by AI, has sparked a divided response, with only 60% of Steam reviews being positive.