News - For Business
Daily digest of all European digital development news
Overmind launches with £2M in seed funding to support development of agentic AI
London's Overmind secures £2M seed funding to build AI agent supervision. The startup accelerates secure deployment of autonomous AI systems in regulated industries.
Andercore is expanding its AI-based industrial trade platform following a $40M Series B raise
Berlin-based Andercore secures $40M Series B for its AI industrial trade platform. The company facilitates cross-border wholesale trade across seven European markets, aiming for broader category expansion.
French VC Elaia reaches €120 million first close for new multi-stage B2B technology fund
French VC Elaia launches its fifth Digital Venture Fund, closing at €120 million to back European B2B tech startups. The fund targets pre-Seed to Series B rounds, investing up to €15 million per company.
Irish fintech Circit raises $22m
Irish fintech Circit secures $22m to fuel product innovation and expand its network, with a significant focus on US growth. The funding accelerates its digital platform's reach beyond European borders.
Seamflow raises $4.5M seed round to develop AI tools for the TIC industry
London AI firm Seamflow secures $4. 5M seed funding to streamline global testing and certification processes....
Mozart AI secures $6M to develop AI tools for music creation
London's Mozart AI secures $6M to transform music creation with AI tools. The platform, used by 100,000+ beta users, enables rapid song and video generation for commercial use.
London-based DefenceTech startup Occam raises €3 million to support frontline drone autonomy in Ukraine
London-based Occam raises €3M for drone autonomy software. Its OccamX autopilot uses computer vision to enable drone independence from GPS and signal jamming.
Circle Health completes €9M to build preventive health platform using AI
Berlin's Circle Health secures €9M to build an AI-powered preventive health platform. The funding will accelerate the rollout of its Circle OS, integrating diagnostics and digital tools for proactive care.
Porters closes €2.7M pre-seed funding for financial services backoffice software
Porters secures €2. 7M pre-seed for AI software streamlining banking operations....
UK AI drug safety startup Sable Bio raises €3.15 million; plans to grow its London team
London AI drug safety startup Sable Bio raises €3. 2M to accelerate its predictive platform....
EU warns Meta not to block rival AI bots from WhatsApp
EU regulators warn Meta against blocking rival AI bots on WhatsApp. This move risks stifling competition and consumer choice in the burgeoning AI chatbot market.
Mistral drops new speech-to-text AI models
Mistral AI launches new on-device speech-to-text models. These models empower developers with private, powerful AI capabilities for European applications.
MareNostrum 5 grows to adapt to AI: it will have 129 million euros to achieve it
Spain's MareNostrum 5 supercomputer receives €129 million to integrate AI capabilities. The upgrade, co-funded by Spain, Portugal, and Turkey, aims to boost its capacity for AI model training and inference.
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....
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.
xWatts closes £1.6M to expand AI-powered energy management solutions
London-based xWatts raises £1. 6M for its AI-powered energy management platform....