News
Daily digest of all European digital development news
As compliance eats 75% of MedTech budgets, Utrecht’s Guideways raises over €1 million to speed FDA approvals
Utrecht-based AI startup Guideways secured over €1 million in pre-Seed funding to help MedTech companies speed up FDA approvals. The investment will accelerate the development of their agentic AI platform to bring medical devices to patients faster.
Arkyn receives €4M financing to accelerate growth and expand product suite
Copenhagen-based enterprise software company Arkyn secured €4 million in funding to accelerate growth and expand its product suite. This will include AI-enabled features that optimize planning and field execution for its digital platform focused on service and asset maintenance within SAP.
Swiss startup YQuantum secures €160k to advance miniaturised hardware for quantum computers
Zurich-based YQuantum secures €160k to develop miniaturized hardware for quantum computers. The funding from Venture Kick will accelerate commercialization in the growing European quantum hardware sector, joining others like QuantWare and QFX.
IKEA wipes the slate clean: its home automation catalog is completely renewed with 21 Matter-compatible devices
IKEA overhauls its smart home catalog, launching 21 new devices fully compatible with Matter. This move aims to simplify home automation by ensuring seamless integration across various smart home ecosystems.
70% of security leaders cite AI governance as a top priority – UK’s AI Score secures €864k pre-Seed to respond
London-based AI Score launched with €864k in pre-Seed funding, aiming to provide real-time AI governance and management. The platform addresses growing investor focus on responsible AI, joining a trend with companies like Qala AG and nexos....
WhatsApp is preparing a shielded mode to protect against cyberattacks
WhatsApp is developing a new, hardened security mode to defend users against cyberattacks. This feature will integrate existing protections like blocking suspicious files and calls.
From four becomes one: EU digital reform weakens data protection
Brussels plans to overhaul GDPR, potentially weakening privacy protections for Europeans. The changes would permit cookie tracking without consent and allow AI training with personal data, impacting data security.
Apple complains in unusually harsh words about the EU Commission
Apple fiercely criticizes the EU Commission, accusing it of hypocrisy regarding conflicting regulations. The tech giant claims new laws force it to weaken security while claiming to protect users.
"Digital Omnibus": EU Commission wants to gut General Data Protection Regulation and AI regulation
Brussels plans a major overhaul of European digital regulations, presenting a "digital omnibus" proposal in November. The plan aims to simplify rules related to data protection, data usage, cybersecurity, and AI regulations.
Nexperia had the entire European automotive industry in check. We have good news
The Netherlands may drop its control over semiconductor manufacturer Nexperia if China allows the export of critical chips again. China has lifted the export ban on Nexperia's semiconductors, which threatened to halt global automotive production.
Aquark Technologies secures €1.6 million Innovate UK contract to advance deployable quantum timing systems
Aquark Technologies secured a €1. 6 million contract from Innovate UK to advance its deployable quantum timing systems for telecommunications....
Anthropic expands from US with Paris and Munich hubs amid booming European growth
Anthropic, the US-based AI company, is expanding its European presence with new hubs in Paris and Munich after rapid growth. This move, following recent global launches, reflects the company's commitment to the European market.
Following Databroker Files: Circular warns EU employees of danger from tracking
EU staff are warned of potential risks from tracking, following revelations about location data sold by data brokers. A new internal email from the EU Commission advises employees on how to protect themselves from surveillance through mobile data.
Anthropic to open offices in Paris and Munich
Anthropic, the AI lab behind Claude, is expanding its European presence with new offices in Paris and Munich. The company, valued at $183 billion, reports Europe is its fastest-growing region, with nearly 200 employees across the continent.
Klarna launches rival direct debit payment method in Germany
Klarna launches a new Variable Recurring Payments (VRP) system in Germany, competing with direct debit payments. This open banking initiative, in partnership with Sparkassen, offers a flexible, secure alternative for recurring payments.
Cookie Manager: Condemned to fail without obligation
German regulators certified Consenter, a new consent management platform, to give users more control over their data online. The service aims to simplify managing cookie permissions, but its effectiveness depends on website and tracking firm compliance.
Upway raises $60M to refurbish 1 million e-bikes by 2030
Upway, a platform for refurbished e-bikes, secures a $60 million Series C round to fuel its expansion. The company plans to refurbish over one million e-bikes by 2030, enhancing its digital services with financing, insurance, and subscriptions.
Apple removes a convenience feature from its smartwatch for EU users
Apple is removing automatic Wi-Fi synchronization between iPhones and Apple Watches for EU users with iOS 26. 2....
Digital Euro: While Parliament argues, development continues
The European Parliament is divided on the digital Euro, with debates intensifying due to disagreements over its implementation. While the Parliament argues, the European Central Bank continues advancing the digital currency's development, pushing forward with the project.
Paris-based Hoora raises €1.1 million to build the “TikTok for gaming” and reshape mobile game discovery
Paris-based Hoora raised €1. 1 million to build a "TikTok for gaming," blending social media with instant gameplay....