News - For Business

Zalando joins Sereact's $116M Series B to boost AI warehouse robotics. This investment accelerates AI-powered automation for fashion returns, a critical operational challenge in Europe.

European Commission fines AliExpress €550 million for breaching the Digital Services Act. The platform failed to adequately assess and mitigate risks associated with illegal and counterfeit products.

Lockheed Martin Ventures commits at least €87 million to DefenceTech in the UK and Europe. The US VC firm opens a London office to invest in promising companies, aiming to bolster the transatlantic defense industrial base.

European tech saw over €2. 7B in funding and 10+ exits....

Five startups launch Clean Tech for Clean Air in Brussels, supporting small air quality sensors in EU clean air policy. The coalition advocates for small sensor data to better understand local pollution patterns under the revised EU Air Quality Directive.

Europe’s chip ambitions won't overcome US cloud dominance, says Forrester. Despite heavy investment and the European Chips Act, Europe's tech sovereignty remains low compared to the US and China.

Brussels hosts the first annual event for the Advanced Virtual Human Twins (VHT) Platform, aiming to shape its future. Discussions will focus on usability, adoption, interoperability, and trust in the emerging platform.

EU prepares massive fine for Google over Digital Markets Act breaches concerning Play Store tactics. The penalty targets search ranking practices that violate competition rules, with details emerging from the Financial Times.

Berlin-based Omio Group agrees to acquire French rail distributor Rail Europe. This deal integrates Rail Europe's assets into Omio's platform, aiming to create a scaled player for accessible European train travel.

The European Commission accepts X's action plan to comply with the Digital Services Act. Measures enhance transparency and researcher access to data, addressing systemic risks and platform impact on European users.

The EDPB published three new guidelines on data scraping for generative AI training, data anonymization, and blockchain use. These guidelines address critical issues in data processing across the European Union.

Czech medtech startup HTG Medical raises €450k, securing EU MDR certification for its automated ICU urine monitoring device. The HTG Urogram now clears for European and global markets, aiming to save nurses valuable time.

Moneybox is Europe’s newest unicorn, valued at $1. 1bn after staff sold shares on London's new private market....

The European Central Bank names 36 payment firms, including Deutsche Bank and Revolut, for the digital euro pilot. This 12-month trial begins in late 2027, testing transactions before they become legal tender.

Revolut, Stripe, and SumUp will join a pilot for the digital euro, commencing in late 2027. Thirty-six payment service providers, including UniCredit and Deutsche Bank, were selected for the European Central Bank's initiative.

The European Commission is collecting feedback for the EU's position at the World Radiocommunication Conference 2027. Stakeholders can submit views to shape the Union's stance on international radio spectrum allocation and satellite orbit.

Dublin-based TensorX is building sovereign AI infrastructure across Europe, focusing on securing GPUs and data centres for AI deployment. The company provides private AI inference on dedicated Nvidia GPUs, ensuring data stays within European jurisdiction with zero retention for regulated sectors.

Aspire11 deploys €100M into Revolut and ElevenLabs, backing European pension funds' move into VC. The fund aims to bridge innovation with capital, investing in growth companies shaping the future economy.

Nederland ranks eighth among EU member states in the eGovernment Benchmark 2026. Despite a strong digital public services foundation, challenges remain in digital innovation and AI adoption.

CriteriaCaixa rebrands its VC arm, investing €300 million in Iberian BioTech and DeepTech firms. The funds will prioritize Spain and Portugal, selectively expanding to Europe and North America.