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

Corma raises €3.5M to advance software license and access governance
Paris-based Corma secures €3. 5M in seed funding to streamline software license governance for SMBs....

X deactivates EU’s ad account after €120m DSA fine
X deactivated its EU ad account following a €120 million fine for violating the Digital Services Act. This action marks the first-ever fine under the new EU digital regulation.

Searching in government documents now easier
The Dutch Open Overheid website relaunches with a new search function, making it easier to find government documents. The updated site offers improved navigation and over 625,000 downloadable documents.

The map of the planet's buildings that Google has not been able to find: an atlas that reveals what we had not seen before
A team from the Technical University of Munich launched the GlobalBuildingAtlas, mapping 2. 75 billion buildings worldwide in 3D using satellite imagery....

EU metes out first-ever Digital Services Act fine, dings X for blue check deception
X (formerly Twitter) faces its first Digital Services Act fine from the EU for deceptive practices on its platform. The fine is due to misleading users about verified accounts.

Brevo becomes unicorn after a €500M round, Bending Spoons acquires EventBrite, and Europe's biggest H1 edtech deals
French CRM firm Brevo achieved unicorn status after securing a €500M funding round. Italian firm Bending Spoons acquired Eventbrite in a $500M all-cash deal, expanding its portfolio.

We knew that Valve was betting on Linux, but it was hiding something bigger: a plan of years to bring Steam to all devices
Valve is secretly working on a plan to bring Steam to all devices, sidestepping the need for game developers to adapt their titles. This strategy involves Proton, a compatibility layer that translates Windows instructions for Linux, which was key to the success of the Steam Deck.

Lovable-built Lumoo gets funding from Lovable CEO
Swedish AI platform Lumoo, built on vibe coding startup Lovable, secures approximately €550,000 in angel investment to reduce clothing returns with AI. The funding will fuel international expansion and platform development, with a goal of hitting €1M ARR within its first year.

Commission fines X €120 million under the Digital Services Act
The European Commission slapped X with a €120 million fine for violating transparency rules under the Digital Services Act. The platform's deceptive "blue checkmark," advertising repository failures, and lack of data access for researchers led to the penalty.

UK FinTech Coremont gains €34 million growth funding to accelerate institutional analytics platform
UK-based FinTech Coremont secured €34 million to expand its real-time portfolio management software and analytics platform. The investment will focus on using AI to broaden access to advanced analytics and strengthen risk management capabilities.

Commission accepts TikTok's commitments on advertising transparency under the Digital Services Act
The European Commission secured TikTok's commitment to boost advertising transparency under the Digital Services Act (DSA). The platform must provide full ad content, update repositories within 24 hours, and offer detailed targeting criteria.

Having set a Dragons’ Den record, London’s yuv attracts €10 million to accelerate salon-focused tech
London-based beauty tech firm yuv secured €10 million in Series A funding to expand its smart hair color lab system. This investment allows yuv to grow its salon-focused technology across the UK and into the US market.

Proton now has an end-to-end encrypted spreadsheet app
Proton, a privacy-focused company, launched Proton Sheets, an end-to-end encrypted spreadsheet app, challenging Google and Microsoft. The new tool integrates real-time collaboration, and requires a Proton Drive account for secure access across devices.

Superbo secures strategic investment from Deep Capital to build the future of enterprise automation
UK-based AI startup Superbo secured a strategic investment from Deep Capital to build enterprise automation. The funding will accelerate the adoption of their Agentic AI-powered intelligence and scale operations across EMEA and the US.

FORMEL SKIN joins MANUAL to expand from skin health to whole-body care
UK healthtech platform MANUAL acquired FORMEL SKIN, Germany's largest digital dermatology provider. This move unites two fast-growing healthtechs with plans to build a leading unified health platform....

Government-wide monitor Generative AI
The Dutch government's first Generative AI monitor revealed a surge in AI adoption across public sector organizations. Applications jumped from 8 to 81 in a year, with municipalities leading in chatbots and internal AI assistants....

F1 and NHL backers fuel Track Titan’s gaming-to-motorsport vision with €4.4 million
Track Titan, an AI-powered platform for motorsport, secured a €4. 4 million seed round from investors including F1 and NHL backers....

Entrepreneurs launch European “venture studio”
A new venture studio called The Flywheel launches in Greece to co-found industrial AI startups with up to €300,000 in initial investment. The studio aims to bridge the gap between European tech talent and scalable companies.

The EU is probing Meta over WhatsApp’s AI chatbot restrictions
The EU is probing Meta over concerns its WhatsApp AI chatbot restrictions could violate antitrust laws and harm competition. Meta's policy, which took effect in October, prohibits third-party AI chatbots, potentially favoring its own "Meta AI" service and leading to potential fines of $16....

EU probes Meta over WhatsApp AI policy
Brussels is probing Meta's new AI policy on WhatsApp, fearing it may stifle competition within the European Economic Area. The investigation comes amid growing scrutiny of tech giants' use of AI across their platforms.
