News - For Business
Daily digest of all European digital development news
ElevenLabs hits $11bn valuation with $500m series D funding round
AI voice startup ElevenLabs secures $500m Series D, reaching $11bn valuation. The funding fuels expansion for its leading generative AI voice platform.
Valeria lands $2M to fix payroll for the frontline economy
Barcelona-based Valeria secures $2M to overhaul payroll for high-turnover sectors like hospitality. Their platform tackles complex shifts, tips, and compliance, modernizing operations for over 150 frontline workers.
HR tech company talentguide raises €1.3M to expand data-driven skills management in Europe
Belgian HR tech firm talentguide secures €1. 3M to boost its AI-driven skills intelligence platform across Europe....
Willo secures €2.9M to commercialise alignment-free wireless power
Finnish deeptech firm Willo secures €2. 9M for its breakthrough alignment-free wireless power system....
Ten municipalities fined for illegal processing of information about Muslim people
Dutch municipalities fined €250K for illegally processing sensitive data on Islamic residents. This violation of the GDPR highlights privacy breaches and unauthorized handling of religious and political affiliations.
Stripe alumni raise €30M Series A for Duna, backed by Stripe and Adyen execs
Stripe alumni launch Duna, securing €30M to combat online fraud with advanced identity verification. Backed by CapitalG and Adyen execs, the startup aims to streamline secure digital transactions across Europe.
AI SRE Resolve AI confirms $125M raise, unicorn valuation
AI SRE Resolve AI secures $125M at unicorn valuation, accelerating AI infrastructure management for European companies. The Series A funding propels its mission to simplify complex AI deployments.
ElevenLabs raises $500M, says building towards IPO
AI audio startup ElevenLabs raises $500M at $11B valuation, pushing towards IPO. The UK-based firm, with Polish founders, uses AI to generate human-like speech and plans international expansion.
Europe has just realized an alarming scenario: that Russia has known all its moves from space for years
Russia is using decades-old, unencrypted European satellites for espionage, exploiting a critical blind spot. This reveals a major strategic vulnerability in Europe's space architecture, now a silent battlefield.
QT Sense raises €4 million to develop quantum platform for cancer, sepsis and arthritis research
QT Sense secures €4 million for its quantum sensing platform to track cellular stress in real-time. This deep tech funding accelerates development for cancer, sepsis, and arthritis research, enabling new insights into disease.
PayPal-backed Modulr banks first full-year profit
UK fintech Modulr, backed by PayPal, reports its first full-year profit, signaling a strong financial turnaround. The embedded payments platform processes over 200 million transactions annually.
Lithuanian startup Axiology raises €5 million to develop tokenised capital markets platform
Lithuanian Axiology secures €5M to build tokenised securities infrastructure under EU DLT Pilot. The fintech platform aims to streamline digital fixed-income instruments in a regulated European capital market.
BCAS secured €30M to strengthen its position in flexible student financing
Spanish edtech BCAS secures €30M to expand flexible student financing, aiming to fund 6,000 more students. The platform offers Income Share Agreements and instalment plans across Spain and Germany.
Leuven-based AI running analysis platform Runeasi raises €1M for global growth
Leuven's Runeasi secures €1M for AI-powered movement analysis, expanding its reach globally. The platform uses AI motion sensors for personalized sports and rehab insights, now used in 40 countries.
French climate investor SlateVC raises €132 million first close for inaugural growth fund
French climate investor SlateVC launches a €132M fund for B2B climate tech companies. The fund, backed by EIF and Bpifrance, signals continued capital growth in European climate and deeptech ventures.
Irish sisters’ AI start-up raises €2.6m
Irish sisters' AI startup Linda AI secures €2. 6m to power voice agents for dental practices....
Madrid’s BCAS raises €30 million debt to cover the A–Z of barrier-free education with flexible financing solution
Madrid EdTech BCAS secures €30 million debt to expand flexible education financing. This funding will support over 6,000 students and double loan volume by 2026.
QT Sense closes €4M round to support real-time cell analysis
Dutch startup QT Sense secures €4M to deploy its quantum-based cell analysis platform. The funding accelerates Quantum Nuova's transition from prototype to a deployable discovery tool for disease research.
Linda AI raises €2.6M to expand AI workflows for dental practices
Healthtech Linda AI secures €2. 6M to boost AI adoption in dental practices....
Cloover’s billion-dollar round headlines a fintech-heavy month led by Germany
German fintech Cloover secures a massive billion-dollar funding round, marking a significant win for Europe's digital finance sector. This deal headlines a strong month for EU fintech innovation.