News - For Business

Paris-based AI startup GetVocal secured €22 million in Series A funding to expand its hybrid AI agents across Europe. The funding round, led by Creandum, brings the company's total funding to €25 million.

The EU is probing if its Digital Markets Act effectively governs the cloud sector, potentially designating Amazon and Microsoft as gatekeepers. This move could reshape the cloud services landscape for European businesses.

Romanian mobile identity intelligence firm TMT ID secured €34 million from BGF to combat cybercrime and fraud. This investment significantly outpaces other European startups in the fraud-prevention space, which have raised smaller rounds.

Paris-based GetVocal, an AI customer support agent startup, secured $26 million in Series A funding led by Creandum. The company, serving 23 markets including France and Portugal, will use the investment to innovate products, expand its market reach, and increase its hiring.

Keen Venture Partners launched Europe's largest DefenceTech fund, securing over €150 million to back military and security technology. The fund, backed by the European Investment Fund, aims to strengthen European defense capabilities through tech innovation.

London-based Condukt launched from stealth with $10 million in seed funding to modernize compliance for financial services using AI. The platform, already supporting fintechs like Wise and Mollie, aims to automate workflows and cut rising compliance costs.

Zurich-based AI company Albatross secured €10. 5 million to build a real-time product discovery platform....

European AI talent has more than doubled between 2016 and 2023, now representing 0. 41% of the EU workforce....

French accounting software unicorn Pennylane launches in Germany, its first international market, aiming to compete with DATEV. The company plans to hire 100 employees in the country, expanding its financial management platform to the complex German market.

German startup Pionix secured over €8M to unify global EV charging using open-source technology. Their open-source platform, EVerest, aims to improve reliability across the EV charging ecosystem and already powers hundreds of thousands of chargers.

Berlin-based Peec AI secured €18 million in Series A funding to fuel its AI-powered marketing platform. The investment, led by Singular, will accelerate product development, team expansion, and establish a presence in New York.

Berlin-based Peec AI secured a $21 million Series A round to help brands navigate AI search visibility. The marketing platform, launched in February 2025, has already onboarded over 1,300 brands and agencies.

Yann LeCun, a leading AI figure, believes current generative AI models are a dead end, diverging from industry focus. LeCun, previously at Meta, is reportedly preparing to launch his own startup, challenging the data-intensive AI approach.

Berlin-based voize secured €43 million in Series A funding to expand its AI companion for nurses across Europe and the US. The funding, led by Balderton Capital, reflects a vibrant European HealthTech landscape with roughly €68 million in sector-adjacent funding this year.

voize secured $50 million in Series A funding to deploy its AI companion for nurses, tackling the global nursing shortage. The AI streamlines workflows by handling documentation and scheduling, currently used in over 1,100 care facilities in Germany and Austria.

Telefónica plans a significant restructuring, announcing a layoff affecting 6,000-7,000 employees in Spain. The reduction, driven by infrastructure investments and changing market dynamics, represents a 70% workforce decrease since 1997.

Hummink, a French deeptech startup, secured €15 million to expand its High-Precision Capillary Printing technology. The technology enables high-accuracy metal printing and micro-defect repair for microelectronics manufacturing, crucial for AI advancements.

The European Commission's report assesses the Digital Services Act's impact on very large online platforms and search engines. The report confirms that the designation criteria, including the 45 million monthly active users threshold, remain effective.

Danish fintech Flatpay joins the unicorn club after securing $170 million in funding, valuing the company at $1. 7 billion....

The European Commission's report highlights the Digital Services Act's (DSA) strong compatibility with other EU laws. It finds the DSA and other regulations largely reinforce each other, with the potential for further improvements via evaluations.