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

Irish-founded startup Evervault raises €21 million to advance encrypted data orchestration
Irish startup Evervault secures €21M to advance encrypted data orchestration, fueling Europe's burgeoning digital trust sector. The funding bolsters expansion and product development for its sensitive data security platform.

The EU-Startups Podcast | Interview with Philipp Heltewig, Chief AI Officer at NiCE and General Manager of NiCE Cognigy
Cognigy, an enterprise AI platform, shares its journey from startup to $1 billion acquisition by NiCE. The company's AI automates customer service via conversational and agentic systems.

Slovakia’s rising tech scene: 10 of the most promising startups shaping the country in 2026
Slovakia's tech scene is accelerating with promising startups in AI and SaaS. AR virtual try-on firm AUGLIO secures €1....

From energy transition to deeptech growth: the Swedish tech ecosystem
Swedish tech secures €4. 1B as European investment hits €72B....

Antwerp-based Vectrix raises €1.15 million to build the automation layer for transport operations
Antwerp's Vectrix secures €1. 15M for its AI automation layer in transport operations....

FIRSTPICK raises €25M to find the Baltics’ next breakout founders
Baltic VC FIRSTPICK launches €25M fund targeting AI-first software founders, focusing on grit and ideas over traditional backgrounds. This accelerates investment in underpriced talent across the region.

FIRSTPICK launches €25 million fund to act as VC “fairy godmother” to Baltic founders before their Cinderella moment
FIRSTPICK launches €25M Baltic fund targeting AI-first software startups, backing founders beyond typical VC molds. This initiative aims to nurture undervalued talent and strengthen Lithuania’s innovation ecosystem.

February funding rebounds to €7.8B as UK startups capture the lion’s share of European capital
European tech funding rebounds to €7. 8B in February, driven by 296 deals and 11 mega-rounds....

Commission holds first meeting of Special Panel on child safety online
Brussels launches Special Panel on child safety online, pushing for expert recommendations and potential age restrictions. The initiative aims to mirror real-world child protection standards for the digital realm.

Dutch payments technology firm Silverflow closes €37 million Series B; plans to grow workforce by over 50%
Dutch fintech Silverflow secures €37M Series B for cloud-native payment processing. The funding accelerates global expansion and workforce growth by over 50%, aiming to replace outdated systems.

AP: AI Impact Barometer turns red, action is necessary
Dutch data watchdog warns of critical AI risks, urging swift regulation and enforcement. Urgent clarity is needed for organizations to avoid discriminatory algorithms, with no current means to address non-compliance.

Nvidia Takes on Telco Industry With Open Source Model
Nvidia launches an open-source model to empower telcos with autonomous workflows. This move challenges established network giants like Ericsson and Nokia in the European market.

Spain’s PLD Space raises €180M to scale satellite launch infrastructure
Spain’s PLD Space secures €180M for satellite launch infrastructure, advancing commercial operations. The company aims for over 30 launches annually by 2030.

YC-backed Diligent AI raises €2.1 million to automate KYC and AML workflows using AI agents
London- and Berlin-based Diligent AI secures €2. 1M to automate financial crime compliance with AI agents....

EIF makes largest defence investment yet with €50M backing for Join Capital
EIF backs deeptech defence startups with €50M investment in Join Capital Fund III. The fund targets 25 early-stage European companies developing technologies for defence, security, and space applications.

Europe’s push for space autonomy gains momentum as Spain’s PLD Space secures €180 million Series C
Spain's PLD Space secures €180M to launch commercial space operations, accelerating European ambitions for market autonomy. The funding fuels industrial scale-up for its MIURA 5 rocket, targeting a growing global customer base.

Diligent AI raises $2.5M to support KYC and AML teams with AI agents
London-based Diligent AI secures $2. 5M to deploy AI agents automating financial crime compliance....

GHARAGE Ventures unveils €40 million Fund I, anchored by Gebr. Heinemann, to back travel and RetailTech startups
GHARAGE Ventures launches €40M Fund I, anchored by Gebr. Heinemann, to digitize the under-digitized travel and retail sectors....

GHARAGE Ventures launches Fund I and opens global travel platform
GHARAGE Ventures launches €40M fund targeting under-digitised travel retail. The fund will back startups with automation and AI focus, aiming for 30 investments globally.

Oslo’s Photoncycle raises €15 million to enable households to store surplus summer solar power for winter use
Photoncycle secures €15M to unlock household solar storage for winter. This technology converts surplus solar power into solid-state hydrogen, reducing Europe's reliance on imported fossil fuels.
