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

At 16, he created a picosatellite from his room in Madrid. Today his company is at the global forefront of IoT communications.
Spanish startup Fossa Systems launches 24 IoT satellites, aiming for 80 by year-end. The company focuses on global IoT connectivity solutions, positioning itself as a leader in the space.

ClearScore snaps up London mortgage outfit Acre Platforms
Fintech ClearScore acquires mortgage platform Acre Platforms, diversifying offerings and leveraging Acre's tech globally. This move integrates mortgage demand into Acre's broker ecosystem, marking ClearScore's expansion into home lending.

Utrecht’s Comper raises pre-Seed round for its software intelligence platform – described as “Figma for codebases”
Dutch software intelligence startup Comper secures pre-Seed funding to enhance its "Figma for codebases" platform. The investment will expand its early access program and accelerate product development amid rising AI coding acceleration.

Profile: The Danish fintech boss who says “no” a lot
Danish fintech Flatpay becomes a unicorn, reaching $1 billion valuation with $170 million funding. The payment solutions provider serves over 70,000 merchants across Europe.

From idea to impact: Europe’s 15 largest tech seed rounds in 2025
Europe's tech sector secured €2. 4 billion in seed funding for 2025, with software and AI leading deal counts and round sizes....

ClearScore strengthens mortgage strategy with acquisition of fellow London-based Acre Platforms
ClearScore acquires UK mortgage tech firm Acre Platforms, boosting its fintech stack for consumer credit. This move expands its reach into mortgages, mirroring sector consolidation.

Agileday raises €6.4M to scale AI solutions for professional services
Finland's Agileday secures €6. 4M Series A for its AI-powered professional services automation platform....

Dutch startup Helin secures €10 million to scale its industrial edge intelligence platform
Dutch startup Helin secures €10M to expand its AI industrial edge intelligence platform. The funding will scale international sales and enhance technology for real-time monitoring and control in demanding industrial environments.

Mews raises $300M to accelerate AI-powered hospitality operations
Mews secures $300M at $2. 5B valuation to power AI-driven hospitality operations....

With €255 million in funding, Dutch company Mews doubles down on automation and payments in hospitality
Dutch hospitality OS Mews secures €255M to boost AI and automation, valued at €2. 1B....

10 Estonian startups to keep an eye on in 2026 and beyond!
BetterPic, an AI-powered platform from Tallinn, offers studio-quality headshots by generating 4K images from selfies. The startup secured €2....

Europe's GDPR cops dished out €1.2B in fines last year as data breaches piled up
European regulators levied a staggering €1. 2 billion in GDPR fines last year as data breaches surged across the continent....

Vi Partners marks 25 years with first close of €161M new venture fund
Vi Partners launched a new venture fund with a first close of €161 million to invest in tech and healthcare startups. The fund will target Series A and early-stage investments, with a focus on mission-critical software, AI, fintech, and data-driven platforms.

With China leading global drone manufacturing, Hungary’s ABZ Innovation raises €7 million to expand heavy-duty drones
Hungary's ABZ Innovation secured €7 million in funding to scale heavy-duty drone production and expand globally, challenging China's market dominance. The investment allows them to develop their end-to-end automation platform.

Op-Ed: Can Europe’s Digital Networks Act deliver for AI and Startups?
Brussels is proposing the Digital Networks Act to reshape Europe's telecom landscape, impacting AI infrastructure and startups. The draft law aims to modernize network building and regulation, from 5G towers to data center links, as part of the "Digital Age" push.

Optalysys raises £23M to support photonic computing development
Optalysys secured £23M to advance photonic computing, a technology combining silicon photonics with digital to boost computational power. The funding will accelerate commercialization of its chips, with expansion planned in the US.

Dutch crypto platform Finst raises €8 million to support European expansion
Amsterdam-based crypto platform Finst secured €8 million in Series A funding to expand across Europe and develop new products. The funding brings the company's total to €15 million, aligning with a broader trend of investment in regulated crypto platforms across Europe in 2025.

Preply adds €127 million and nearly triples valuation as it scales AI and tutoring platform globally
Preply, a US and Spain-based language learning platform, secured €127 million in Series D funding to boost its AI capabilities and expand globally. The investment values the company at €1 billion and brings total funding to €254 million.

Ukrainian-founded language learning edtech Preply hits $1.2B valuation with $150M Series D
Preply, the Ukrainian-founded language learning platform, secured $150M in Series D funding, valuing the company at $1. 2 billion....

Language learning marketplace Preply’s unicorn status embodies Ukrainian resilience
Preply, the Ukrainian language learning marketplace, achieves unicorn status, valued at $1. 2 billion after securing $150 million in funding....
