News - For Business

Chatlyn, an AI communication hub for the hospitality sector, has raised €8 million. The Vienna-based startup's platform centralizes guest communication, supporting translation in over 35 languages for 1,000+ properties.

French CRM platform Brevo secured a €500M funding round, achieving unicorn status. The all-in-one customer engagement platform offers tools for email, SMS, and marketing automation.

Belgian legal AI platform Alice secured €1 million in pre-seed funding to enhance its end-to-end legal casework solution. The platform addresses concerns about AI accuracy and reliability in legal practice and aims to expand into the Netherlands and France.

French biotech startup Spore. Bio secured multi-million-euro funding from Google....

Cologne-based United Manufacturing Hub (UMH) secured €5 million to build the foundational data layer for global manufacturing. UMH's open-source platform aims to unify industrial data, enabling real-time data hubs and AI applications for factories across Europe.

United Manufacturing Hub secured €5 million in funding to build a shared data backbone for factories, targeting industrial data challenges. Their platform unifies industrial data into a real-time hub, connecting machines and IT systems for improved analytics and AI applications.

CertHub secures €6. 2 million to automate MedTech compliance using AI, tackling regulatory bottlenecks for manufacturers....

Swap, an e-commerce operating startup, secured a $100M Series C funding round to expand globally. The London-based company, which integrates AI, aims to enhance its payment capabilities and enter new European and North American markets.

London-based Biographica secured £7 million to expand its AI-driven crop design platform. Their AI identifies genetic targets up to 12 times faster, reducing development timelines and R&D costs.

Bunq, the Dutch challenger bank, reapplies for a US banking license to target tech-savvy customers in US metropolitan areas. The neobank, with over 20 million European users, aims to offer services like building credit scores for expats.

Vienna-based Vitrealab secured €9. 4 million to accelerate development of its Quantum Light Chip for AR displays....

United Manufacturing Hub secured €5 million in funding to build a shared data backbone for factories, connecting machines and IT systems. The platform aims to unify industrial data, providing a single source of truth for applications and accelerating digital transformation.

The UK government launches a £210 million cyber action plan to bolster digital defenses and protect citizen data across public services. The initiative aims to save up to £45 billion in productivity through digitized services.

Aikido Security, a Belgian startup, simplifies code and cloud security for engineering teams with its AI-powered platform. The system consolidates security checks, automatically detects vulnerabilities, and suggests fixes....

BENTELER Group acquired ioki to build Europe's first integrated autonomous public transport platform, merging software, routing, and operational services. ioki's on-demand software already serves nearly 10 million passengers, promising cost reductions for municipalities.

Milano-based MotorK, an AI-centric SaaS provider for the automotive retail industry, secured an additional €3 million in financing. The funding will strengthen the company's financial position and support general corporate purposes, with offices in eight countries.

Baze, a Sicilian startup, simplifies domestic worker hiring with its platform, connecting families with qualified staff. The company, founded in 2023, has secured €100k to streamline the hiring process and aims to modernize traditional employment pathways.

UK-based WholeSum secured £730K in funding to advance its AI-powered qualitative data analysis platform. The platform converts unstructured text data into auditable outputs for sectors like research and healthcare.

The article highlights open-source projects like Wikipedia and OpenStreetMap, emphasizing their commitment to shared information access. These initiatives contrast with today's web, dominated by a few platforms that monetize user data, maintaining the original vision of a free and open internet.

Europe's DeepTech sector faces a crossroads despite generating breakthrough science and a strong talent pipeline. Japan's €33 billion investment signals potential, yet early-stage funding is down 30% since 2021, and the sector seeks true technological sovereignty.