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

Europe wants to make sure no one has a kill switch over its technology
Brussels fears US tech firms could unilaterally cut off access to critical digital services, impacting European sovereignty. The EU is advancing its Chips Act and other digital policies to bolster its technological independence.

Edinburgh-based Wordsmith raises €60.2 million Series B to scale legal AI platform for in-house teams
Edinburgh-based legal AI startup Wordsmith raises €60. 2 million Series B to scale its platform for in-house teams....

EU court frees Meta’s Marketplace from gatekeeper rules but keeps Messenger in
EU court frees Meta’s Marketplace from Digital Markets Act gatekeeper rules but keeps Messenger listed. The General Court annulled the Commission’s designation of Marketplace, faulting its reasoning, while upholding the same label for Messenger.

Proposal for the Cloud and AI Development Act (CADA)
The European Commission proposes the Cloud and AI Development Act (CADA) to boost the EU's cloud and AI ecosystem. The act aims to strengthen investment, infrastructure, and autonomy by supporting R&D and accelerating data centre deployment.

Commission proposes tech sovereignty package to strengthen Europe's digital autonomy and resilience
European Commission launches a tech sovereignty package to boost autonomy in semiconductors, AI, and cloud technologies. The proposals aim to reduce dependency on non-EU suppliers and foster digital resilience for businesses and citizens.

Backed by Mistral AI founders, NP Company secures €6M pre-seed to advance AI for engineering
NP Company raises €6M pre-seed to advance AI for engineering simulation. Backed by Mistral AI co-founders, the company uses transformer models for physics simulation, accelerating engineering workflows up to 1,000 times faster.

Barcelona’s Zazume raises €2.5 million to scale its AI-powered rental management platform
Barcelona's Zazume secures €2. 5 million to scale its AI-powered rental management platform....

London’s DEScycle secures over €10 million in grant funding to scale critical metals recovery platform
London's DEScycle secures over €10 million in grant funding from European and UK innovation programmes for its critical metals recovery platform. This non-dilutive funding accelerates the deployment of their modular processing units, strengthening domestic metal supply chains.

Gradient Labs raises fresh $13M
Gradient Labs raises $13M Series A extension for AI agents in finance. The London-headquartered startup works with US and European fintechs, aiming for US expansion.

User-replaceable batteries are coming back in a big way
The EU is mandating user-replaceable batteries in portable tech products. New regulations aim to improve device longevity, repairability, and recyclability, with specific rules for smartphones and tablets taking effect soon.

Parloa turns its $350 million war chest into a partnership web spanning SAP, Microsoft, and OpenAI
Berlin-founded Parloa secures major partnerships with SAP, Microsoft, and OpenAI, deploying its $350 million war chest. The AI agent management platform surpassed $50 million in annual recurring revenue.

Focused Energy raises $240M, TrueLayer acquires In3, and London regains top spot
This week, European tech saw over €3. 1 billion in funding and 5 exits....

Aizy acquires Dutch performance marketing software company Uptmz following €2 million raise
Aizy acquires Uptmz, creating an integrated ad platform for Google, Microsoft, and Meta. The Dutch AI marketing company also secured €2 million in funding.

Oslo-based Cloudgeni raises €858k to build reliable AI agents for secure cloud infrastructure
Oslo-based Cloudgeni raises €858k to build AI agents for secure cloud infrastructure. The funding will fuel expansion across Nordics and US, targeting growing demand for automated cloud security and compliance solutions.

MokN raises $15M Series A to grow identity theft protection platform
French cybersecurity startup MokN raises $15M Series A to expand its identity theft protection platform. The funding will accelerate growth, strengthen presence in France and the US, and launch UK operations.

Targeted consultation: draft guidelines on trusted flaggers under the Digital Services Act (DSA)
The European Commission is seeking feedback on draft guidelines for "trusted flaggers" under the Digital Services Act (DSA). These designated organizations will help platforms identify illegal content more efficiently....

Mistral AI, Digital Realty Partner to Scale European AI Infrastructure
French AI startup Mistral AI partners with Digital Realty, securing 10 megawatts of compute power at its Paris campus. This deal aims to significantly scale AI infrastructure across Europe.

London-based Geordie AI secures €25 million to help enterprises govern AI agents
Brussels-based Nexus lands €3. 7 million to bring AI agents into core business operations....

Brussels fines Temu €200M under the DSA for unsafe baby toys and faulty chargers
Brussels fines Temu €200M under the DSA for unsafe baby toys and faulty chargers. This marks the EU's first major enforcement case against a Chinese platform under its online-safety regime.

EU fines Temu €200m for failing to prevent the sale of illegal products
EU fines Chinese retailer Temu €200m for failing to prevent the sale of illegal products under the DSA. Temu is the second company fined, following Elon Musk's X.
