News - For Business
Daily digest of all European digital development news
UK DeepTech startup BeyondMath raises €8.4 million to expand generative physics research
UK DeepTech startup BeyondMath secures €8. 4M to pioneer generative physics for engineering simulation....
Wayve rockets to €7.2 billion valuation with €1 billion Series D bet on AI-driven autonomy – backing from Uber and Microsoft
Wayve rockets to €7. 2B valuation with €1B Series D, backed by Microsoft and Uber....
Thema secures $6.2M to support mapping of market expansion opportunities for private equity
London's Thema secures $6. 2M, including a UK government grant for AI, to map private equity expansion opportunities....
London’s Allica Bank targets 10% UK SMB market share by 2028 after €131 million raise
London's Allica Bank secures €131M to capture 10% UK SMB market share by 2028 with its proprietary tech. This deal mirrors broader EU fintech investment in AI identity and risk management platforms.
The founder time trap: Why your best hours are disappearing into hiring
Founders spend 25% of their week on hiring, costing 10 hours per week. Manual CV screening alone takes 23 hours per opening, risking overlooked candidates.
BeyondMath secures $18.5M to expand its foundational physics AI model
London-based BeyondMath secures $18. 5M for its AI physics model, accelerating complex engineering simulations 1,000x faster....
Sweden’s Flox Intelligence raises €2.5 million to become a “digital shepherd” guiding wildlife away from danger
Swedish AI firm Flox Intelligence raises €2. 5M to prevent human-wildlife conflict, using AI to guide animals from danger....
Wayve raises $1.2B at $8.6B valuation to scale embodied AI for autonomous driving
UK AI firm Wayve secures $1. 2B to scale autonomous driving AI....
Secfix raises $12M Series A to build end-to-end security compliance platform
Munich-based Secfix secures $12M Series A to build an end-to-end security compliance platform. Funding will accelerate European expansion and enhance AI-native capabilities for regulations like the EU AI Act.
Germany’s FLEXOO, whose tech is used in NASA’s lunar rover, raises €11 million to scale physical AI
German startup FLEXOO secures €11 million to scale physical AI sensors. Its tech bridges hardware and AI, feeding data to algorithms for battery and automotive industries.
Spanish ‘soonicorn’ Multiverse Computing releases free compressed AI model
Spanish AI firm Multiverse Computing launches a free, compressed AI model that outperforms Mistral. The HyperNova 60B model, available on Hugging Face, offers a powerful open-source alternative.
Allica Bank to become UK’s latest fintech unicorn, following $155M funding round, according to report
UK fintech Allica Bank nears unicorn status with $155M Series D, eyeing European expansion and AI development. This significant funding fuels its strategy to become the dominant digital bank for established SMEs.
Radiant and Ori merge to deliver sovereign AI cloud at utility scale
UK AI scaleups Radiant and Ori Industries merge to build sovereign AI cloud infrastructure. This union combines Ori's AI software with Radiant's global compute power, backed by Brookfield's $100 billion AI fund.
AMD wants to be the big alternative to NVIDIA in AI chips, and Meta has a plan involving both
Meta inks a $100B+ deal with AMD for AI chips, challenging NVIDIA's dominance. This massive five-year contract secures AMD significant revenue and accelerates its AI hardware expansion.
A week with the Xiaomi Mijia Smart Audio Glasses has shown me how great it is that your glasses are also your headphones
Xiaomi launches new smart glasses that double as headphones, offering a convenient wearable experience. The glasses integrate audio capabilities, shifting the focus from complex "smart" features to practical audio functions.
USA tried to take down Huawei with bans. Huawei's response: thank you very much for everything
Huawei defies US sanctions with $127 billion revenue in 2025, its second-best year ever. This resilience highlights China's national strategy to bolster the tech giant against international pressure.
Dutch AI inference chipmaker Axelera AI raises $250M
Dutch AI chipmaker Axelera AI secures record €250M Series B, fueling edge inference technology. The funding boosts Axelera's mission to make AI more energy-efficient and deployable on devices.
Everyone wants to take the throne from ASML. Today ASML has decided the throne is higher
ASML unveils EUV light source advance, boosting chip production by 50% by 2030. This innovation intensifies the global race for semiconductor manufacturing dominance.
Movistar is already giving away its Pixel 10a. Additionally, you have movies and great matches like Real Madrid-Benfica for 9.99 euros per month.
"Movistar offers Google Pixel 10a for free monthly with premium plans. This telecom giant is also bundling sports and movie content for just €9....
Spain has just plugged in more batteries in one month than in three years: this is the plan to store our cheapest energy
Spain dramatically accelerates battery storage deployment, connecting over 57MW in January 2026 alone. This surge aims for 22....