News - For Business
Daily digest of all European digital development news

STV and Post-Quantum partner on quantum-safe defence networks
STV, a Czech defense group, partners with British cybersecurity startup Post-Quantum to deploy a quantum-safe communications platform. The agreement will protect sensitive data and operations from emerging quantum threats across European and NATO defense markets.

Bulgarian unicorn Payhawk plays down Brex's European challenge
Bulgarian fintech unicorn Payhawk downplayed the impact of US rival Brex's EU launch, citing different target markets and the EU's fragmented landscape. The company, which offers spend management services, reported €23....

Why henQ chooses the roads less travelled: Inside the Dutch VC’s new €67.6 million fund for the “odd ones out”
henQ, a Dutch venture capital firm, launches its fifth fund, securing €67. 57 million to invest in B2B software teams across Europe....

Europe’s AI ecosystem: Rapid growth and rising global ambitions
European AI funding nearly doubled from €2. 2 billion in 2021 to €4....

With hopes of bridging the AI “trust gap”, Britain’s Vigilant AI.ai raises €665k for their AI teammates
UK-based Vigilant AI. ai secured €665k in pre-seed funding to expand its AI teammate platform for regulated businesses....

Amid 8.4% rise in Danish donations, Contribe secures €1.3 million to boost charitable giving online
Copenhagen-based Contribe secured €1. 3 million to expand its platform enabling charitable donations during online shopping....

Vigilant AI.ai lands £585K pre-seed for compliant 'AI Teammates'
Vigilant AI. ai secured £585,000 in pre-seed funding to deploy "AI Teammates" for regulated businesses, addressing AI compliance concerns....

Dutch startup Source.ag raises €15.2 million to scale AI software powering 300 greenhouses across 18 countries
Amsterdam-based Source. ag secured €15....

With 800 million people living with obesity worldwide, Warsaw’s Holi secures €3 million to expand its digital treatment platform
Holi, a Polish HealthTech startup, secured €3 million in seed funding to expand its digital obesity clinic across Europe. The data-driven platform will target Southern and Eastern European markets, following the lead of several other funded digital health companies.

Swiss startup mimic lands €13.8 million to deliver “robots that can finally do what people do”
Swiss robotics company mimic secured €13. 8 million in seed funding to deploy its AI-powered robots across multiple industries....

Join the new campaign Think ahead
The Dutch government launches the "Denk vooruit" campaign, urging citizens to prepare for emergencies, including digital disruptions like cyberattacks. This initiative provides resources to help people cope with potential failures of the internet and mobile networks.

octonomy raises $20M to accelerate agentic AI for complex service workflows
German AI startup octonomy secures a $20 million seed round to expand its agentic AI platform for complex service workflows. The funding will accelerate the development of digital coworkers designed to handle technical support tasks, achieving 95% accuracy and integrating within 20 days.

When ChatGPT appeared, Gonzalo was already there: this is how the Spanish Army is creating its own AI
Spanish Army's Logistics Academy is developing "Gonzalo" (GZLO), an AI model to assist military operations. This ChatGPT-like system aims to serve as an administrative assistant, focusing on security and confidentiality within the armed forces.

Paris-based Altrove raises $10M to accelerate AI-designed alternatives to critical materials
Parisian deeptech startup Altrove secured $10 million in seed funding to scale its AI-designed materials, reducing reliance on critical imported resources. The funding will allow Altrove to expand labs and grow the team, aiming for industrial-scale production within two years.

View the Referral Tree Cybersecurity Act
Brussels launched the "Doorverwijsboom" for organizations under the Cyberbeveiligingswet (Cbw) to streamline incident reporting and support. The resource provides sector-specific guidance, CSIRT contact information, and links to ten mandatory security measures.

EU-Startups Podcast | Episode 142: Julio Martinez, Co-founder and CEO of Abacum
Spanish fintech startup Abacum, led by CEO Julio Martinez, streamlines financial operations with its AI-powered platform for CFOs. The company, serving hundreds of mid-market firms across 31 countries, has raised $105 million to date.

ECB: Digital euro pilot could begin in 2027 once legislation passed
The European Central Bank plans a pilot program for the digital euro, launching in mid-2027 if legislation passes in 2026. Issuance of the digital currency could follow in 2029.

Europe preps Digital Euro to enter circulation in 2029
The European Central Bank is preparing to launch the digital euro, with plans for it to enter circulation by 2029. This digital currency aims to provide a secure and efficient means of payment for all citizens.

Bending Spoons raises $710M at $11BN, one day after buying AOL
Italian tech conglomerate Bending Spoons secured $710 million in an equity round, valuing the company at $11 billion. This follows the acquisition of AOL and fuels Bending Spoons' plans for further investment and growth.

The biggest European robotics deals in H1 2025
European robotics secured €618. 7 million across 33 deals in the first half of 2025, representing a broadening scope in the market....
