News - For Business

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.

UK-based FinTech Coremont secured €34 million to expand its real-time portfolio management software and analytics platform. The investment will focus on using AI to broaden access to advanced analytics and strengthen risk management capabilities.

The European Commission secured TikTok's commitment to boost advertising transparency under the Digital Services Act (DSA). The platform must provide full ad content, update repositories within 24 hours, and offer detailed targeting criteria.

London-based beauty tech firm yuv secured €10 million in Series A funding to expand its smart hair color lab system. This investment allows yuv to grow its salon-focused technology across the UK and into the US market.

UK-based AI startup Superbo secured a strategic investment from Deep Capital to build enterprise automation. The funding will accelerate the adoption of their Agentic AI-powered intelligence and scale operations across EMEA and the US.

UK healthtech platform MANUAL acquired FORMEL SKIN, Germany's largest digital dermatology provider. This move unites two fast-growing healthtechs with plans to build a leading unified health platform....