News - For Business
Daily digest of all European digital development news
Saporo closes €7M Series A to scale its graph-native identity security platform
Swiss cybersecurity startup Saporo secured €7 million in Series A funding to scale its graph-native identity security platform. The platform maps attack paths across hybrid identity systems to address the 80% of cyber incidents linked to identity-based attacks.
Bitstack lands $15M to build Europe’s bitcoin savings app
Bitstack, a French Bitcoin savings app, secured $15 million in Series A funding to fuel its European expansion. The company, already active in a dozen countries, will broaden its services and aims to reach one million users within 18 months.
AILOS Robotics gets €3.5M to scale gearbox manufacturing for Europe’s next-gen robots
Brussels-based AILOS Robotics secured €3. 5 million in seed funding to scale gearbox manufacturing for advanced robotics....
With 80% of cyber incidents now identity-based, Saporo raises €7 million to address the gaps attackers exploit
Swiss cybersecurity startup Saporo secured €7 million in Series A funding to fortify enterprise identity security, a growing concern as identity-based cyberattacks rise. This substantial investment, led by TIN Capital, will support Saporo’s expansion across Europe and into the US.
Information session: Protocols for reserving rights from text and data mining under the AI Act and the GPAI Code of Practice
Brussels launches a stakeholder consultation on protocols for reserving rights from text and data mining under the AI Act, starting December 1st. The online information session aims to present the consultation process to interested stakeholders.
“Which AI models recommend us?”: Searchable raises €3.4 million to help teams understand their brand in the AI age
London-based startup Searchable secured €3. 4 million to help brands gain visibility on AI search platforms like ChatGPT....
Following its top performance on AndroidWorld, France’s Minitap secures €3.5 million for its mobile development platform
Minitap, a Paris-based AI-powered mobile development platform, secured €3. 5 million in seed funding....
Etsy was the haven of craftsmanship and creativity. It has become a minefield of AI-generated images
Etsy is overrun with AI-generated art, flooding the platform with machine-made images. This shift impacts the marketplace designed for human artists as AI-created products dominate search results.
British FinTech firm Sokin raises €42.9 million to expand global payments and treasury infrastructure
London-based FinTech Sokin secured €42. 9 million in Series B funding to expand its global payments infrastructure....
Complir raises €1.7M to help retailers manage global compliance with AI infrastructure
Copenhagen-based Complir secured €1. 7 million to develop AI infrastructure for retailers navigating global compliance....
Dutch startup Renno launches with €1 million targeting construction cash-flow issues
Dutch fintech startup Renno launches with €1 million to overhaul payment methods in Europe's renovation industry. The Amsterdam-based company aims to replace existing payment systems for the €850 billion market.
Minitap secures $4.1M to make mobile development 10x faster with AI
Minitap, an AI-powered mobile development platform, secured $4. 1 million in seed funding to accelerate app feature development....
Wayve acquires German startup Quality Match
UK self-driving startup Wayve acquires German AI data analysis specialist Quality Match to bolster its self-driving tech. The acquisition expands Wayve's presence in Germany, with the goal of commercial deployment and a 2027 launch.
Adcities raises €3 million+ to scale its OOH AdTech after powering 25+ brand campaigns with the likes of Telefónica and Decathlon
Adcities, a Spanish AdTech company, secures over €3 million in seed funding to scale its AI-powered OOH advertising platform. The funding round, led by Adara Ventures, will help Adcities expand its digital transformation of outdoor media.
Used by Adobe, Canva and Meta, Germany’s Black Forest Labs lands €258 million to scale its visual-AI platform
Black Forest Labs, a German visual intelligence company, secured a massive €258 million Series B round to scale its FLUX. 2 model, used by Adobe and Meta....
European tech weekly recap: Over €574M invested in the tech ecosystem in the last week of November
European tech startups secured over €574 million in funding last week, signaling continued investor confidence. Over 70 deals and 20 exits highlighted the dynamic tech landscape across the continent.
Rocket Fuel for Europe’s SpaceTech? Founder reacts to EIB’s new €500 million space programme
The European Investment Bank launched Space TechEU, a €500 million financing program, to boost the European space industry. The initiative aims to stimulate €1....
Germany unifies deeptech funding: DTCF to join HTGF in major VC platform overhaul
Germany consolidates tech startup funding as the DeepTech & Climate Fonds merges with High-Tech Gründerfonds. This move creates a unified public-private VC platform for tech companies, encompassing energy, AI, and software sectors, with HTGF managing DTCF from February 2026.
Skeleton opens €220M Leipzig SuperFactory to power Europe’s AI and grid stability
Skeleton Technologies launches its €220 million SuperFactory in Germany, producing energy storage for AI infrastructure and electrical grids. The facility already supplies Siemens, General Electric, and Hitachi Energy, focusing on European AI data centers.
We already know who to thank for Google having made AirDrop also work with Android phones: the European Union
Brussels's push for interoperability between Android and iOS resulted in Google's Quick Share supporting Apple's AirDrop. This update allows for direct file sharing between Android and iOS devices using Wi-Fi.