News - For Business
Daily digest of all European digital development news
New tool for government cloud choices
Dutch government launches a new tool to assess cloud service risks, enhancing digital sovereignty. The DICTU instrument helps officials choose services based on data control, transparency, and legal context.
If the controversy is that AI steals works in its training, the European Union has the solution: that they license them
EU proposes licensing copyrighted works for AI training, tackling "borrowed" content. AI firms must pay creators, moving from unauthorized use to regulated data acquisition.
Recap: Europe’s top 10 funding rounds this week (9 -15 March)
European startups secured nearly $3 billion in funding this week. Two major deals in London and Paris led a surge in venture capital, highlighting Paris's record AI seed funding and Croatian drone innovation.
Data centers have run out of "plugs" in central Europe, so they are migrating north and south
AI's surge strains European power grids, forcing data centers from key hubs like Frankfurt and London north and south. Over 80% of Dublin's power now goes to data centers, leading to a de facto moratorium until 2028.
Ramp buys Stockholm fintech Billhop to crack open European market
US spend management giant Ramp acquires Stockholm fintech Billhop for undisclosed sum. The move launches Ramp's corporate cards and finance tools across the UK and EU this summer.
EU–INC campaign warns: Without a pan-European standard, founders will keep choosing Delaware
Europe's startup community warns the Commission's new company law could mirror Delaware. Without a true pan-European standard, founders will continue incorporating abroad, costing the EU talent and value.
100+ investors who already secured their tickets for this year’s EU-Startups Summit on May 7-8 in Malta!
EU-Startups Summit gears up in Malta with 100+ investors flocking to discover Europe's top startups. The event highlights founders, investors, and corporates for two days of networking and inspiration.
Dublin fintech Teybridge Capital pledges £600 million for UK SMEs
Dublin fintech Teybridge Capital pledges £600M for UK SMEs. This investment comes as part of £937M from 15 Irish firms at the UK-Ireland Summit.
Chipmaker Axelera AI hoping to benefit from European businesses wanting to run AI locally
Dutch chipmaker Axelera AI, backed by BlackRock, secures $250M to champion local AI processing for European businesses. The company aims to challenge Nvidia's dominance with chips designed for edge devices and data security.
Vilnius-based WhiteBridge AI raises €2.6 million for its AI-powered people research engine
Vilnius-based WhiteBridge AI raises €2. 6M for its AI-powered research engine analyzing online personal data....
Tower secures €5.5M to support data engineers in the AI era
Berlin-based Tower secures €5. 5M to simplify AI data engineering....
Ukrainian-Estonian Defencetech Black Forest Systems raises $400K to scale infantry drone platform
Ukrainian-Estonian Black Forest Systems raises $400K for infantry drones. Their secure communication and control software platforms simplify operations for soldiers.
$3M for DEXTools’ PerpTools from DEXForce and Orderly
DEXTools launches PerpTools, adding perpetual futures trading to its analytics suite. The platform secured $3M seed funding and integrates directly within DEXTools, serving its 30M+ users.
Kodree raises $10M in user acquisition financing to expand AI-powered edtech platform globally
Kyiv edtech platform Kodree secures $10M financing to scale its AI-powered learning paths. Users in 185 countries will benefit as the platform accelerates global user acquisition.
Qdrant closes $50M Series B to expand vector search infrastructure
Qdrant raises $50M Series B for its open-source vector search engine, accelerating AI infrastructure development. This funding fuels the expansion of its composable platform for dynamic AI workloads and evolving datasets.
Wonderful raises $150M Series B to scale its enterprise AI agents across 30 countries
Amsterdam startup Wonderful secures $150M Series B to scale AI agents, aiming to bridge the demo-to-production gap for enterprises globally. The funding fuels expansion across 30 countries with its rapidly growing AI team.
SkySelect raises $9M to modernise aircraft parts procurement with AI
Estonian AI procurement platform SkySelect secures $9M to modernize aircraft parts sourcing. AI solutions cut AOG costs and reduce excess inventory, addressing a $50B industry inefficiency.
Amsterdam-based enterprise AI agent platform Wonderful raises €129.8 million Series B at €1.7 billion valuation
Amsterdam's Wonderful secures €129. 8M for its enterprise AI agent platform, now valued at €1....
Delfos Energy secures €3M Seed extension to scale AI “virtual engineer” for energy infrastructure
Delfos Energy launches AI "virtual engineer" for energy infrastructure, securing €3M extension. The platform supports over 1,000 energy sites across Europe, offering actionable insights to boost efficiency.
Endform raises €1.5M as faster AI-generated code puts new pressure
Swedish testing startup Endform secures €1. 5M seed funding to accelerate AI-generated code reviews....