News - For Business
Daily digest of all European digital development news
From spare Coca-Cola machine parts to a €4 million funding round: the journey of Belgian startup Dripl
Brussels-based Dripl secured €4 million to expand its smart water dispensers across Europe, aiming for sustainable hydration solutions. The funding will boost production and expand beyond the 500 companies already using their services in Benelux.
Isle of Man launches National AI Office with £1M investment
The Isle of Man launches its National AI Office with a £1 million investment to coordinate AI adoption across government and industry. The new office will focus on developing a national AI strategy and accelerating practical AI adoption.
TeamFeePay announces £9M funding round and European expansion plans
Belfast-based sports tech company TeamFeePay secured £9M in equity funding to expand its platform across Europe. The software streamlines administrative tasks for grassroots football clubs, with plans to create up to 75 new roles.
Munich’s Vanagon Ventures secures €20 million to target Europe’s pre-Seed DeepTech and AI gap
Munich's Vanagon Ventures launches a €20 million fund to invest in European pre-Seed DeepTech and AI startups. The VC firm will back B2B companies tackling system-level challenges, with initial tickets up to €500k.
Europe’s €307 million AI funding call
Brussels launched a €307. 3 million funding initiative for AI and related technologies, focusing on trustworthy AI and digital autonomy....
Vanagon Ventures closes €20M Fund I to back deeptech startups
German VC firm Vanagon Ventures closed its €20M Fund I to back deeptech startups specializing in AI and quantum computing. The fund will invest up to €500,000 in pre-seed B2B companies targeting Europe's sovereignty and sustainability initiatives, aiming for approximately 30 portfolio companies.
Hamburg-based one.five raises €14 million to solve the product-market-fit problem in packaging
Hamburg-based one. five secured €14 million in Series A funding to scale its AI-powered platform for packaging product development....
Sinpex raises €10M Series A to redefine KYB automation for Europe’s AML era
Sinpex, an AI-powered KYB platform, secured a €10 million Series A round to automate compliance for European businesses. The SaaS solution streamlines client onboarding and KYB compliance, preparing companies for the 2027 EU AML Regulation.
YC-backed UK startup Elyos AI raises €11.1 million to build AI agents for trades and field services
Elyos AI, a UK startup, secured €11. 1 million to build AI agents for trades and field services, automating communications....
TNW Weekly Briefing
Brussels shifts towards open digital infrastructure with a call for evidence on Open Digital Ecosystems to reduce dependency. The DMA and DSA are entering an enforcement phase, making compliance the key concern for tech companies in 2026.
What's next for European tech, Parloa raises $350M, and two new unicorns
German AI customer service platform Parloa secured a massive $350 million in funding, tripling its valuation to $3 billion. The European tech scene also saw French AI startup Harmattan reach unicorn status with a $200 million raise.
Info Day: Building an ecosystem for GenAI in Public Administrations
Brussels is hosting a second online info day on February 9th to foster consortia building for its "GenAI in Public Administrations" proposal. The event aims to answer questions and facilitate matchmaking for stakeholders.
74% of employees have felt more productive using AI. Almost half have ended up correcting the result
Spanish workers are using AI more, with 74% reporting increased productivity due to the technology. However, nearly half of users still need to correct or refine the AI's output.
With their new €500 million fund, Germany’s DTCP raises the bar for European defense and resilience capital
DTCP, a German investment platform, launched a €500 million fund called 'Project Liberty' focused on defense, security, and resilience technologies. The fund aims to support the growth of European dual-use tech companies and bolster Europe's technological capabilities.
DTCP expands into defence with €20M-per-deal Fund for security and dual-use startups
DTCP launches "Project Liberty," a €450 million fund, to boost European defense and dual-use tech companies. The fund will invest an average of €20 million per deal in up to 30 companies, targeting software, AI, and cybersecurity.
HOLYWATER secures $22M to expand mobile microdrama content
HOLYWATER, a Ukrainian tech company, secures $22 million led by Horizon Capital to expand its mobile microdrama content using AI. The funding will fuel development of its vertical video streaming platform and content ecosystem.
Belgium’s Tinrate secures €1.6 million to monetise expertise, dubbed “OnlyFans for knowledge” by its founder
Belgium's Tinrate, dubbed the "OnlyFans for knowledge," secured a €1. 6 million seed round to launch its advice-sharing platform....
Now online: AI training Basic Digital Skills Module
The Dutch government launched an AI training module as part of its Basic Digital Proficiency program for all public sector employees. The e-learning course, which takes about 30 minutes, aims to educate civil servants on the basics of AI and its responsible use.
Amsterdam-based Optics11 secures €25 million EIB loan to strengthen Europe’s subsea and energy security
Amsterdam-based Optics11 secured a €25 million EIB loan to bolster European subsea and energy security with its advanced fiber optic sensing technology. The company's tech combines hardware with threat detection software to enable faster threat detection and prevent costly disruptions.
Parloa raises $350M, tripling valuation to $3BN
German AI voice agent startup Parloa secured $350 million in Series D funding, tripling its valuation to $3 billion in just seven months. This latest funding round brings the total raised to over $560 million in under four years, fueling global expansion with a focus on the US and Europe.