News

Brussels launches the AI Act Service Desk to help organizations understand and implement the EU's AI regulations. The platform provides clear explanations, practical tools, and expert support for governments, businesses, and other stakeholders.

A new Android malware, dubbed Sturnus, is targeting European smartphones, stealing banking credentials and sensitive data. The sophisticated malware monitors screens and intercepts messages from apps.

WhatsApp launches interoperability, enabling users to chat with other messaging apps within its platform. This feature rollout, driven by European regulations, allows users to communicate with other platforms directly from WhatsApp, despite not being available to all users yet.

Flexion, a Zurich-based robotics intelligence startup, secured €43 million in Series A funding to build the "brain" for humanoid robots. The investment, led by DST Global Partners, fuels the company's mission to create an intelligence stack for robots that can work alongside humans.

Sencillo, a London-based FinTech, secured over €397k to launch a platform to help parents plan and manage education finances. The pre-Seed funding joins €47 million in FinTech investments across Europe this year.

Dutch online grocery store Picnic secured €430 million from existing investors to fuel its expansion in Germany. The funding will also help Picnic grow into other unnamed markets, serving two million customers across 200 locations.

Berlin-based NexDash secured €5 million in seed funding to build Europe's first "Neo-Carrier" for electric trucks, aiming to digitize zero-emission freight. The funding, led by Extantia Capital, accelerates the shift from diesel fleets to electric, starting with Germany.

French startup MuchBetter. ai secured €4 million to enhance workforce performance using AI-based conversation simulations....

Spanish venture capital firms are closing new funds, signaling growth in the country's startup ecosystem, with €120M from Armilar for DeepTech. Armilar targets B2B startups in AI, cybersecurity, fintech, and more, while 4Founders Capital's third fund reached €134 million.

NexDash launches an AI-powered platform for electric trucking after securing €5 million in seed funding to electrify Europe's fragmented road freight sector. The Berlin-based startup will use the funds to finance acquisitions and charging infrastructure.

The EU's Digital Omnibus, designed to impact citizen rights, is being misrepresented in the media, focusing on cookie banner simplification. The actual law undermines data access, delays AI regulation, and broadens companies' data usage justifications.

Brussels plans to delay rules for high-risk AI systems and weaken data protection with its "Digital Omnibus" package. Industry groups are applauding the move, but consumer advocates are sounding the alarm.

Meta must pay €479 million after losing a GDPR battle initiated by a Spanish media association over data usage. The suit, which was filed in late 2023, originally sought €550 million from the tech giant.

Ukrainian cybersecurity startup SOC Prime secured new investment to accelerate its AI-driven threat detection platform. The company, trusted by over 11,000 organizations, will use the funding to expand its US presence and tailor its 600,000+ detection library to each customer.

PolyModels Hub, a biotech software firm, secured a £7 million Series A investment to reshape how medicines are developed. The company uses AI and data-driven workflows to accelerate drug design, with plans to expand its engineering teams and platform globally.

Berlin-based health tech firm Mirantus Health secured €5. 5M to scale its software platform, mira, for faster eye screening....

The EU's AI Act, which entered into force in August 2024, is criticized for hindering innovation and hindering competition in the AI sector. Critics argue the regulation slows down progress in a field where the US and China are rapidly advancing.

London-based startup 360Me utilizes AI to provide personalized health insights, drawing on lab results and wearable data to extend healthy lifespans. The longevity platform has raised €1....

Alice & Bob, a Paris-based quantum computing firm, secured €100 million in funding for its fault-tolerant quantum computer development. The company is working on a new qubit architecture aimed at reducing error rates.

EQT Ventures leverages its AI platform Motherbrain to scan and track investment opportunities across Europe and globally. The AI-driven platform supports the full investment lifecycle, giving them an edge in sourcing and due diligence.