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

Cloover secures over $1.2B to develop an AI operating system for energy independence
Cloover, a Berlin-based company, secured over $1. 2 billion in funding to develop an AI operating system for energy independence....

Lausanne-based SWISSto12 secures €73 million to develop its compact satellite HummingSat ahead of planned 2027 launch
SWISSto12 secured €73 million from European Space Agency members to develop its HummingSat telecommunications satellite. The funding will accelerate development and manufacturing for the planned 2027 launch.

Antidote completes $5M seed round for billing compliance automation
Antidote, a legal tech startup, secured $5 million in seed funding to automate billing compliance for law firms using AI. The platform, already used in the US, UK, and Australia, aims to reduce revenue loss due to non-compliant billing practices, which can cost firms up to 12% of billable hours.

The European Commission launches EU Inc., the long-awaited ‘28th regime’ for startups
Brussels is launching EU Inc. , a new pan-European legal entity designed to streamline startup operations....

There is something more worrying than the fact that LaLiga doesn't stop blocking the internet: that we have gotten used to it
Spanish internet users faced blocked access to the Linux Mint website, a legitimate site, due to LaLiga's mass IP blocks. This issue has persisted for months, with users expressing frustration over repeated blockages.

Allocation Strategy secured £1.6M to advance asset allocation technology
London-based Allocation Strategy secured £1. 6 million to advance its asset allocation technology for institutional investors....

Soldera’s 10x growth story: building the Stripe for renewable energy
Soldera, the "Stripe for Renewable Energy," achieved 10x revenue growth, reaching €1 million, after its €2. 5 million funding round....

From eggs to avocados – Germany’s Orbem raises €55.5 million for AI-powered MRI expansion
Orbem, a Munich-based DeepTech company, secured €55. 5 million to expand its AI-powered MRI solutions....

British workplace finance platform Stream adds €76 million in funding, bringing total raised to €194 million
London-based workplace finance provider Stream secured €76 million in Series D funding, bringing its total to €194 million. The platform, used by four million people across 2,000 brands, delivers financial tools to workers through their employers.

Odoo tops €7 billion valuation as General Atlantic increases stake
Belgian business software company Odoo's valuation has surged to €7 billion as General Atlantic increases its stake. This secondary transaction involved General Atlantic purchasing shares from Wallonie Entreprendre, a regional backer.
![Straight2Market: Your route from foodtech pilot to European retail shelf [Sponsored]](/_next/image?url=%2Fapi%2Fnews-images%2F1620.webp&w=3840&q=75)
Straight2Market: Your route from foodtech pilot to European retail shelf [Sponsored]
European foodtech startups are gaining a faster route to retail shelves through EIT Food's Straight2Market program, connecting them with major retailers. The program offers up to €30,000 for validation and pilots, impacting 15 startups in 2025.

NEOintralogistics secures €3M to democratise warehouse automation through RaaS
German robotics-as-a-service provider NEOintralogistics secured €3M in seed funding to democratize warehouse automation. The company's pay-per-pick model allows for quicker, more affordable automation and reduces reliance on manual labor.

French accounting software platform Pennylane raises $200M
French accounting software platform Pennylane secured $200M in a Series E round led by TCV, bolstering its AI development and European expansion. The funding values the company at $4....

Orbem raises €55.5M Series B to scale AI-powered MRI technology
Orbem, a deeptech company, secured €55. 5M to scale its AI-powered MRI technology for biological analysis....

European tech weekly recap: Tech.eu 2025 Annual Report and over €1B in funding activity
European tech saw over €1 billion in funding flow into the sector last week, fueled by more than 80 deals across the continent. The week also saw over 15 exits and mergers and acquisitions across the European tech landscape.

GeneralMind raises $12M to build AI autopilot for operational workflows
Berlin-based GeneralMind secured $12 million to build an AI autopilot for automating supply chain workflows. The AI system will execute workflows across email, spreadsheets, and ERP systems to manage tasks.

Stoïk raises €20M to strengthen its position in the European cyber risk market
French cyber insurance startup Stoïk secured €20 million in Series C funding to fortify its position in the European market. The AI-powered company, which protects over 10,000 businesses, will use the funding to expand into Central and Southern Europe.

Stilla emerges from stealth with $5M to address collaboration challenges in AI-driven companies
Stockholm-based Stilla launched with $5 million to build an AI collaboration platform for product teams. The platform integrates with tools like Slack and GitHub to provide shared context, helping teams align priorities as they scale AI adoption.

GeneralMind, AI startup founded by the team behind German unicorn Razor, secures €10.2 million just months after launch
Berlin-based AI startup GeneralMind, founded by the team behind Razor Group, secured €10. 2 million just six months after launch....

Sequoia-backed French accounting unicorn Pennylane secures €175 million as it nears profitability
Paris-based accounting unicorn Pennylane secured €175 million to accelerate AI development and expand across Europe. This funding round, led by TCV and Blackstone, aims to solidify its position as the financial OS for European SMEs and prepare for electronic invoicing in 2026.
