News - For Business

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.

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.

Milan-based Guidoio, Italy's first fully digital driving school, secured €3. 5 million in seed funding to expand its platform....

Europe's AI investment faces fragmentation despite strong progress, according to a new EU report focused on strengthening its funding capacity. While Europe's venture capital allocated 18% of €252 billion to AI between 2020 and 2025, the US dedicated 34% of €1....

Zilch secured $175M, eyeing strategic mergers and acquisitions within the fintech space. The week saw over 60 European tech funding deals, totaling more than €736 million across the continent.

Spanish businesses must implement Verifactu, a new digital invoicing system by January 1, 2026, to combat fraud. Freelancers using simple invoices created with programs like Word or Excel are exempt from the requirement.

Barcelona-based Holo secured €1 million in pre-Seed funding to launch its health app that combines AI, lab testing, and health tracking. The app integrates with devices like Apple Watch and Garmin to give users more control over their well-being.