News - For Business
Daily digest of all European digital development news
Germany’s in.hub closes seven-figure round to deepen industrial digitalisation offering across Europe
German IIoT provider in. hub secured a seven-figure add-on financing round to deepen its industrial digitalization offerings across Europe....
Irish startup Bronto secures €12 million to reinvent log data management for the AI era
Dublin-based Bronto secured €12 million in seed funding to revamp log data management for the AI era. The platform aims to become the leading logging solution for various use cases, recognizing the increasing importance of log data in the age of AI.
Executive Vice-President Virkkunen updates Council and Parliament on simplification, implementation and enforcement of the digital rulebook
Brussels announced its first Annual Progress Report, detailing efforts to simplify and enforce digital regulations. The report, covering January to July 2025, highlights the upcoming Digital Simplification Package and implementation efforts for the Digital Services Act and AI Act.
etalytics extends Series A to €16M with new investment from Microsoft’s M12
German deeptech firm etalytics secures a €16 million Series A extension led by Microsoft's M12, boosting its industrial energy optimization platform. The AI-powered etaONE platform, used by Volkswagen and others, aims to reduce energy use by up to 50% for its customers.
nexos.ai secures €30M to tackle the enterprise AI adoption challenge
Vilnius-based nexos. ai secured €30 million to help enterprises securely adopt AI at scale, responding to “shadow AI” risks....
“Secondhand fashion is no longer a niche” – Yaga raises €4 million for its online marketplace and to expand globally
Estonian secondhand fashion marketplace Yaga secured €4 million in a pre-Series A round, bringing total funding to €7. 2 million....
With €30 million in funding, Vilnius-based nexos.ai sets its sights on AI adoption and the ‘Shadow AI’ challenge
Vilnius-based AI platform nexos. ai secured a €30 million Series A round to accelerate enterprise AI adoption and tackle "Shadow AI....
Chipmind exits stealth with $2.5M to launch AI agents for faster chip design
Chipmind, a Zurich-based startup, exits stealth with $2. 5 million to launch AI agents that accelerate chip design workflows....
Seventh AI Pact webinar on AI Innovation for SMEs and startups
The EU is hosting a webinar on November 25th, focusing on AI innovation for SMEs and startups, as well as the AI Act. The event will cover AI sandboxes, real-world testing, the AI Act Service Desk, and European Digital Innovation Hubs.
Call for Proposals - Cross-border Media Literacy
Brussels rolls out a €3M Creative Europe call to fund cross-border media literacy projects. The initiative aims to strengthen societal defenses against disinformation, opening October 23, 2025, and closing March 11, 2026.
European AI rising star Nexos.ai raises €30M to unlock enterprise AI adoption
Nexos. ai, founded by Nord Security co-founders, secured a €30 million Series A to simplify enterprise AI adoption....
We asked 3 chatbots about Europe’s startup future – here’s what they said
The EU-Startups tested three AI chatbots to assess their understanding of Europe's startup landscape. Mistral AI and DeepSeek, both European models, favored France to lead the startup scene by 2030, highlighting policy and sovereignty.
Mobile and fixed broadband price is Europe in 2023: Insights into the European Broadband Market
Mobile internet prices in the EU dropped by 14. 9% in 2023, while fixed broadband fell by 3%, according to a new report....
From Seed to sovereignty: HV Capital’s expanding mandate across Europe
HV Capital, a European venture capital firm, completed a generational handover to ensure long-term success with over €2. 8 billion under management....
Sales engagement platform lemlist acquires fellow French AI platform Claap to transform sales with AI technology
Lemlist acquired Claap, a French AI platform, to integrate AI-driven sales insights into its platform. Claap, valued between €12 and €25 million, will help sales teams convert conversations into revenue.
AI is taking key steps to be much better in the future: such as not needing humans
MIT researchers developed SEAL, a self-improving AI model, allowing it to refine itself without human intervention. This technique generates its own training data, even surpassing GPT 4....
Spanish drone developer Fuvex raises €1.7 million to fly high across Europe’s inspection skies
Spanish drone startup Fuvex secured €1. 7 million to expand its long-range aerial systems across Europe for infrastructure inspection....
With €4 million in funding, German InsurTech developer Enzo looks to tackle water damage with their novel sensor
German InsurTech startup Enzo secured a €4 million Seed extension to combat water damage with its AI platform and IoT sensors. This brings its total seed funding to €6....
From guiding the blind to delivering goods: Romania’s .lumen expands into urban robotics with €11 million grant
Romanian startup . lumen secured an €11 million grant to develop autonomous robots for urban delivery using AI technology....
European tech weekly recap: More than 85 tech funding deals worth over €2.2B
Brussels saw over 85 tech funding deals close, injecting more than €2. 2 billion into the European tech ecosystem....