News - For Business
Daily digest of all European digital development news
Telefónica is converting its telephone exchanges into small data centers: the cloud will have a neighborhood version
Telefónica launches 17 mini data centers across Spain, bringing cloud and AI closer to users. This edge computing network reduces latency and enhances local data jurisdiction.
Bonjour Visio: France turns digital sovereignty into policy
France's Ministry of Finance mandates public servants ditch US video apps for French Visio by 2027. This policy shift actively pursues digital sovereignty, moving the concept from rhetoric to tangible action.
After raising nearly €60 million in 2025, London’s Sokin bags additional €83 million for its payments platform
London's Sokin secures €83 million debt facility to fuel global expansion and embedded payment offerings. This funding accelerates their strategy to integrate payments into business workflows, competing in the growing fintech infrastructure space.
Funnel secures $80M debt facility
Stockholm's Funnel secures $80M debt facility to accelerate AI development. The marketing intelligence platform uses natural language to analyze data from over 600 sources.
Polish robotics startup Nomagic secures €8.3 million to scale Physical AI operations in the US
Polish AI robotics firm Nomagic secures €8. 3M to boost US operations....
Europe has a plan for the next war on the continent: literally, to close the doors of space to the US
Germany plans a sovereign satellite network for its military, dubbed "Starlink for the German army." This initiative aims to cut dependence on US systems and taps into a €35 billion German military tech investment.
With decades of exits and unicorns behind it, b2venture reaches €150 million hard cap for Fund V
Berlin VC b2venture closes €150M Fund V, its largest early-stage fund, to back European tech leaders. This move signals continued investment momentum despite a selective funding environment.
CCTV in public transport: drivers may not be permanently in view
Dutch data watchdog limits bus driver surveillance, banning permanent camera monitoring. Images can only be used for incident safety, not structural employee tracking.
Finland’s Carbonaide raises €3.7 million to turn building materials into a carbon sink
Finland’s Carbonaide secures €3. 7M to turn concrete into a carbon sink, deploying its CO₂ curing system and cloud-based service platform....
Pallma AI closes $1.6M pre-seed round for AI agent security
London AI security startup Pallma AI secures $1. 6M pre-seed funding to protect enterprise AI agents....
Co-reactive raises €6.5M seed funding for CO₂-negative materials tech
German startup Co-reactive secures €6. 5M for CO₂-negative cement tech....
GoCanopy raises €2.1M seed funding for an AI platform for institutional real estate
London's GoCanopy secures €2. 1M seed funding for its AI operating system for institutional real estate investors....
ZOLLHOF spins out ZOHO.VC as new €10 million early-stage fund hits 70% first close
Nuremberg's ZOLLHOF spins out ZOHO. VC, securing €7 million for early-stage tech startups....
PETs as a tool for privacy-conscious data use
Dutch government bodies explore Privacy Enhancing Technologies (PETs) to balance data-driven insights with GDPR compliance. These tools enable data analysis while protecting individual privacy, fostering wider digital collaboration.
Legaltech Luminance unveils its biggest platform upgrade in a decade
Legaltech Luminance launches its biggest platform upgrade in a decade, integrating AI for contract intelligence. The update addresses the loss of negotiation context in enterprise contracts, becoming the organization's "legal brain."
Evaro secures $25M to support consumer brands in offering digital healthcare services
Evaro secures $25M Series A to embed regulated digital healthcare services into consumer brands. The platform aims to expand access to care, having already served over two million patients.
Paraglide raises $5M Seed to reinvent accounts receivable with Agentic AI
Paraglide launches AI agents to automate accounts receivable, securing $5M to combat billing chaos. Early users report a 34% DSO reduction, freeing finance teams for strategic tasks.
ZOHO.VC completes first closing at 70% of target fund
German incubator ZOLLHOF's venture arm ZOHO. VC secures €7M for deeptech and software startups....
London’s Ascension Ventures secures up to €11.5 million commitment to support regional early-stage founders
London's Ascension Ventures secures up to €11. 5M from the British Business Bank to back early-stage founders outside London....
Scoro acquires Envoice to close the project cost visibility gap
Estonian Scoro acquires AI expense firm Envoice, merging project management with automated spend tracking. This digital integration offers real-time cost visibility to professional services firms, vital in an AI-disrupted market.