News - For Consumers
Daily digest of all European digital development news
Phagos gets €25M boost to combat bacterial diseases
Phagos, a Paris-based biotechnology company, secured €25 million in Series A funding. The company, founded in 2021, utilizes artificial intelligence to develop bacteriophage therapies aimed at combating bacterial diseases, initially focusing on animal health....
Cyberwave raises €7M to make the physical world programmable
Cyberwave, a Milan-based company, secured €7 million in funding, spearheaded by United Ventures, to create an operational layer connecting AI agents and real-world machines. Their platform leverages digital twins, simulation, and orchestration tools, streamlining the control of robots, machines, and sensors for developers....
Cyberwave raises €7M to make the physical world programmable
Milan-based Cyberwave secured €7 million to build an operating layer for AI agents interacting with real-world machines. The platform uses digital twins and orchestration tools, aiming to streamline AI-driven automation for developers across various sectors.
Cyber Resilience Act: BSI becomes market surveillance authority
The German Federal Office for Information Security (BSI) will be the market surveillance authority for the Cyber Resilience Act. This act introduces minimum requirements for the IT security of networked devices....
Nexcade exits stealth with $2.5M to automate global freight forwarding
London-based Nexcade, an AI automation company for freight forwarders, has emerged from stealth with $2. 5 million in pre-seed funding....
Energy Robotics raises $13.5M to bring autonomous inspection to critical infrastructure
Energy Robotics, a company focused on autonomous inspection using robots and drones, secured $13. 5 million in Series A funding....
Deep Tech Momentum secures €1M to accelerate Europe’s sovereign tech ambitions
Deep Tech Momentum, a pan-European deeptech marketplace, has secured €1 million in funding. The platform, founded in 2022, aims to accelerate Europe's deeptech ecosystem....
Deep Tech Momentum secures €1M to accelerate Europe’s sovereign tech ambitions
Deep Tech Momentum secured €1 million to boost Europe's deep tech ecosystem via its marketplace connecting startups, investors, and corporate leaders. The platform focuses on six niches, including computing, and hosts an annual invite-only conference in Berlin.
Resourcly raises €2.7M to turn hidden inventory into profit
Germany's Resourcly, an AI platform for manufacturers, secured €2. 7 million in seed funding....
Resourcly raises €2.7M to turn hidden inventory into profit
German AI platform Resourcly secured €2. 7 million to help manufacturers unlock profit from hidden inventory....
Ewake secures €2M to boost software reliability with AI agents
Paris-based Ewake, a company specializing in AI for software reliability, has secured €2 million in a pre-seed funding round. The AI-driven platform is designed to integrate with existing production systems, assisting engineering teams with issue detection and proactive recommendations....
Ewake secures €2M to boost software reliability with AI agents
Paris-based Ewake secured €2 million in a pre-seed round to enhance software reliability with AI agents. The AI system integrates with production systems, proactively surfacing issues and recommending actions for engineering teams.
Datamonk raises €1.6M pre-seed to speed imaging data migrations with agentic AI
Datamonk, a Dutch AI-powered platform, secured €1. 6 million in pre-seed funding....
Datamonk raises €1.6M pre-seed to speed imaging data migrations with agentic AI
Dutch AI startup Datamonk secured €1. 6M to accelerate medical imaging data migrations using agentic AI....
Starting October 9, transfers in the EU will no longer be the same. A new bank verification comes into effect
Starting October 9th, the European Union will implement a new banking verification system for money transfers. Banks in the Eurozone will be required to verify that the recipient's name matches the provided IBAN before processing a transfer....
Revolut will offer savings accounts and access to Multibanco and MB WAY
Revolut, the digital bank, is expanding its services in Portugal, aiming to provide savings accounts to its two million customers in the country. This move follows the bank's previous announcements regarding its operations in July....
WhatsApp & Threema criticize EU plan for messenger surveillance
WhatsApp and Threema are criticizing the EU's plans for "chat control," which they see as undermining secure communication. This follows repeated criticism from Signal regarding the proposed law....
FBI cyber threat adviser Filigran raises $58M
French cybersecurity startup Filigran secured $58 million in Series C funding, with clients including the FBI and the European Commission. The investment will fuel expansion into the Pacific and Middle East, along with product development including an AI agent platform.
Bologna Gathering showcases Italy’s rising innovation momentum
Bologna, Italy, is solidifying its position as a key European hub for AI with the €300 million IT4LIA AI Factory. The project leverages the Leonardo supercomputer, offering crucial resources for AI development and industrial innovation.
Chat control: WhatsApp and Threema are more reserved than Signal
Following Signal's threat to withdraw from the EU, WhatsApp and Threema have responded more cautiously to the chat control measures. Both messaging services express concerns that end-to-end encryption could be compromised by the new regulations....