News - For Business

Brussels launched a probe into Google, investigating the tech giant's use of online content to train its AI models. The European Commission is concerned Google may be using content without proper consent or payment.

KBC Group launches a €100 million Start it Fund to fuel Belgian startup growth, aiming to support early-stage companies from idea to IPO. The fund will invest up to €300,000 in the top 1% of applicants from their accelerator program.

Zurich-based aviation tech company Assaia secured $26. 6 million in Series B funding to scale its AI platform globally....

Nebius, the Amsterdam-based AI infrastructure startup, plans to build and control its own data centers to provide compute power. The company has secured deals with Microsoft and Meta, collectively worth over $20 billion, to supply them with AI infrastructure.

Italy's Equixly secured €10 million in Series A funding to scale its AI-powered platform that tackles API security. The platform identifies up to 80% more vulnerabilities than standard tools and maps API landscapes.

betacluster Ventures launched a new €19 million early-stage fund to support Polish AI-driven tech startups focused on the Smart Data Economy. The fund, backed by investors from Germany, Netherlands, and Switzerland, will invest up to €1 million per company in areas like fintech and smart health.

Madrid-based Algori secured €3. 6 million in fresh funding to scale its AI-powered shopper insights platform globally....

Meta's tweaked ad experience has received approval from the EU following a penalty under the Digital Markets Act. This marks a key development after Meta and Apple were the first to face DMA penalties earlier this year.

Tekpon has acquired The Next Web (TNW) brand from the Financial Times, expanding its reach in SaaS and AI. This acquisition, Tekpon's largest investment in media and events, integrates TNW's digital platforms into their wider strategy.

Helsinki is utilizing excess heat from data centers to warm homes, marking a shift in urban heating. This initiative, involving companies like Equinix, Telia, and Elisa, reuses heat from servers to warm tens of thousands of homes.

X pulled its advertising account from the European Commission following the announcement of a €120 million fine. The social media platform's decision comes amid increasing regulatory scrutiny.

Freepress, an AI-powered news service, secured €1M in seed funding to expand globally and partner with local publishers. The Finland-based startup launched in 2023 curates global news, offering concise stories in multiple languages, and shares revenue with content providers.

Meta will offer EU users a choice to see fewer personalized ads on Facebook and Instagram to comply with the Digital Markets Act. This move follows the European Commission's acknowledgement of Meta's commitment to the new regulation.

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

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.

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.

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.

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.

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.

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.