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

Mozart AI secures $6M to develop AI tools for music creation
London's Mozart AI secures $6M to transform music creation with AI tools. The platform, used by 100,000+ beta users, enables rapid song and video generation for commercial use.

London-based DefenceTech startup Occam raises €3 million to support frontline drone autonomy in Ukraine
London-based Occam raises €3M for drone autonomy software. Its OccamX autopilot uses computer vision to enable drone independence from GPS and signal jamming.

Circle Health completes €9M to build preventive health platform using AI
Berlin's Circle Health secures €9M to build an AI-powered preventive health platform. The funding will accelerate the rollout of its Circle OS, integrating diagnostics and digital tools for proactive care.

Porters closes €2.7M pre-seed funding for financial services backoffice software
Porters secures €2. 7M pre-seed for AI software streamlining banking operations....

UK AI drug safety startup Sable Bio raises €3.15 million; plans to grow its London team
London AI drug safety startup Sable Bio raises €3. 2M to accelerate its predictive platform....

EU warns Meta not to block rival AI bots from WhatsApp
EU regulators warn Meta against blocking rival AI bots on WhatsApp. This move risks stifling competition and consumer choice in the burgeoning AI chatbot market.

Mistral drops new speech-to-text AI models
Mistral AI launches new on-device speech-to-text models. These models empower developers with private, powerful AI capabilities for European applications.

MareNostrum 5 grows to adapt to AI: it will have 129 million euros to achieve it
Spain's MareNostrum 5 supercomputer receives €129 million to integrate AI capabilities. The upgrade, co-funded by Spain, Portugal, and Turkey, aims to boost its capacity for AI model training and inference.

Allonic is rebuilding robotics from the inside out
Budapest-based Allonic secures $7. 2M, the largest Hungarian pre-seed round ever, to rebuild robotics hardware....

Commission launches Action Plan Against Cyberbullying to protect young people online
Brussels launches a new Action Plan to combat cyberbullying, aiming to protect EU youth online. An EU-wide app will offer help, alongside coordinated national efforts and safer digital practice promotion.

Action Plan against cyberbullying
EU launches an action plan against cyberbullying to protect children online. The initiative consolidates existing tools and legal frameworks to combat online harassment.

Tem raises $75 M to automate energy markets with AI-first platform
London-based Tem secures $75M to automate energy markets with AI. The AI-native platform aims to replace manual processes in electricity transactions, fueling US and Australian expansion.

Irish AI start-up Marc raises $1m from angel investors
Irish AI start-up Marc secures $1m to streamline fragmented property contract data for asset managers. The funding will boost its AI-driven platform, enhancing efficiency in real estate investment.

AI-native proptech startup MARC backed by a group of angel investors
Dublin's AI proptech MARC secures $1M pre-seed to streamline real estate asset management. The AI-powered platform targets fragmented contract and expense data, accelerating US expansion.

xWatts closes £1.6M to expand AI-powered energy management solutions
London-based xWatts raises £1. 6M for its AI-powered energy management platform....

Naboo raises $70M from Lightspeed for AI-powered events procurement
Paris-based Naboo secures $70M for its AI-powered events procurement platform, accelerating its expansion into North America. The funding fuels AI agent development and a broader procurement platform.

Siemens CEO Roland Busch’s mission to automate everything
Siemens CEO envisions automating entire factory processes with AI, merging physical and digital worlds. This ambitious plan aims for optimal operations but raises questions about workforce displacement.

Kaspar Korjus, Co-founder and CEO of Pactum joins the EU-Startups Summit 2026 on May 7-8 in Malta
Kaspar Korjus of Pactum joins EU-Startups Summit in Malta to discuss Agentic AI for large-scale commercial negotiations. His platform optimizes agreements, driving value for enterprises.

Brussels eyes crowbar for Meta's WhatsApp AI lockout
Brussels eyes crowbar for Meta's WhatsApp AI lockout. EU regulators are pressuring Meta to unlock WhatsApp's AI features for third-party services, signaling a new regulatory push.

The European Union has put €700 million into NanoIC
EU launches €700M NanoIC pilot line to boost advanced chip development. The imec facility accelerates prototyping for companies and startups, focusing on beyond-2nm SoC technologies.
