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

Allonic is rebuilding robotics from the inside out
Budapest-based Allonic secures $7. 2M, the largest Hungarian pre-seed round ever, to rebuild robotics hardware....

OpenAI and Hugging Face angels back Hungary's "highest-ever" pre-seed funding round
Hungary's Allonic raises $7. 2M for its AI-driven robotic body manufacturing....

Commission launches Action Plan Against Cyberbullying to protect young people online
Brussels launches a new Action Plan to combat cyberbullying, aiming to protect EU youth online. An EU-wide app will offer help, alongside coordinated national efforts and safer digital practice promotion.

Action Plan against cyberbullying
EU launches an action plan against cyberbullying to protect children online. The initiative consolidates existing tools and legal frameworks to combat online harassment.

Tem raises $75 M to automate energy markets with AI-first platform
London-based Tem secures $75M to automate energy markets with AI. The AI-native platform aims to replace manual processes in electricity transactions, fueling US and Australian expansion.

Irish AI start-up Marc raises $1m from angel investors
Irish AI start-up Marc secures $1m to streamline fragmented property contract data for asset managers. The funding will boost its AI-driven platform, enhancing efficiency in real estate investment.

AI-native proptech startup MARC backed by a group of angel investors
Dublin's AI proptech MARC secures $1M pre-seed to streamline real estate asset management. The AI-powered platform targets fragmented contract and expense data, accelerating US expansion.

UK tech startups urged to take bold risks, by AI minister, as chip startup Fractile invests £100M
UK AI minister urges startups to embrace risk as Fractile pledges £100M investment. The chip startup's funding accelerates next-gen AI hardware development and job creation across the UK.

xWatts closes £1.6M to expand AI-powered energy management solutions
London-based xWatts raises £1. 6M for its AI-powered energy management platform....

Naboo raises $70M from Lightspeed for AI-powered events procurement
Paris-based Naboo secures $70M for its AI-powered events procurement platform, accelerating its expansion into North America. The funding fuels AI agent development and a broader procurement platform.

Siemens CEO Roland Busch’s mission to automate everything
Siemens CEO envisions automating entire factory processes with AI, merging physical and digital worlds. This ambitious plan aims for optimal operations but raises questions about workforce displacement.

Kaspar Korjus, Co-founder and CEO of Pactum joins the EU-Startups Summit 2026 on May 7-8 in Malta
Kaspar Korjus of Pactum joins EU-Startups Summit in Malta to discuss Agentic AI for large-scale commercial negotiations. His platform optimizes agreements, driving value for enterprises.

Brussels eyes crowbar for Meta's WhatsApp AI lockout
Brussels eyes crowbar for Meta's WhatsApp AI lockout. EU regulators are pressuring Meta to unlock WhatsApp's AI features for third-party services, signaling a new regulatory push.

What is Claude Code and what can this tool do for programming with artificial intelligence from your computer's terminal
Anthropic launches Claude Code, an AI tool for developers to generate programming code directly from their computer's terminal. This integration streamlines workflows by eliminating the need for separate applications and constant web queries for coding assistance.

The European Union has put €700 million into NanoIC
EU launches €700M NanoIC pilot line to boost advanced chip development. The imec facility accelerates prototyping for companies and startups, focusing on beyond-2nm SoC technologies.

MuseCool is using audio AI to fix the biggest problem in music education
London-based MuseCool uses AI to gamify music education, offering personalized lessons and AI-supported practice tools. The startup aims to bridge traditional teaching with data-driven feedback for improved student progress.

European Commission probes intrusion into staff mobile management backend
European Commission probes intrusion into staff mobile management backend. The breach impacts sensitive data on employee devices, raising cybersecurity concerns across EU institutions.

Matrix is quietly becoming the chat layer for governments chasing digital sovereignty
Matrix is emerging as a key chat platform for European governments prioritizing digital sovereignty. The open-source, end-to-end encrypted protocol offers an alternative to Big Tech messaging services.

Irish co-founded 9fin approaches unicorn status with current raise – reports
Irish-founded 9fin nears $1bn valuation in reported funding talks. The London-based credit research startup's potential unicorn status highlights European fintech growth.

European tech weekly recap: €1.4B in deals and January's highlights
European startups secured over €1. 4 billion in funding last week....
