News

Paris-based GetVocal, an AI customer support agent startup, secured $26 million in Series A funding led by Creandum. The company, serving 23 markets including France and Portugal, will use the investment to innovate products, expand its market reach, and increase its hiring.

Keen Venture Partners launched Europe's largest DefenceTech fund, securing over €150 million to back military and security technology. The fund, backed by the European Investment Fund, aims to strengthen European defense capabilities through tech innovation.

London-based Condukt launched from stealth with $10 million in seed funding to modernize compliance for financial services using AI. The platform, already supporting fintechs like Wise and Mollie, aims to automate workflows and cut rising compliance costs.

Zurich-based AI company Albatross secured €10. 5 million to build a real-time product discovery platform....

ENISA, the European Union Agency for Cybersecurity, releases a framework providing practical examples for designing, deploying, and operating AI models. This framework aims to help developers navigate the AI Act's requirements.

European AI talent has more than doubled between 2016 and 2023, now representing 0. 41% of the EU workforce....

French accounting software unicorn Pennylane launches in Germany, its first international market, aiming to compete with DATEV. The company plans to hire 100 employees in the country, expanding its financial management platform to the complex German market.

German startup Pionix secured over €8M to unify global EV charging using open-source technology. Their open-source platform, EVerest, aims to improve reliability across the EV charging ecosystem and already powers hundreds of thousands of chargers.

Berlin-based Peec AI secured €18 million in Series A funding to fuel its AI-powered marketing platform. The investment, led by Singular, will accelerate product development, team expansion, and establish a presence in New York.

Berlin-based Peec AI secured a $21 million Series A round to help brands navigate AI search visibility. The marketing platform, launched in February 2025, has already onboarded over 1,300 brands and agencies.

Brussels is investigating the market power of major cloud providers, potentially imposing restrictions. This follows recent outages in cloud services, highlighting concerns about market dominance.

Brussels is investigating whether to impose new obligations on cloud services from Amazon, Google, and Microsoft under the Digital Markets Act. This action aims to address potential anti-competitive practices within the cloud market.

Brussels' transparency database for online services, part of the Digital Services Act (DSA), faces criticism for failing to meet its goals. A recent study reveals shortcomings in the database, designed to increase public understanding of online content moderation.

EU member states agreed on new rules to accelerate GDPR enforcement and cross-border data protection investigations. This aims to streamline cooperation among national data protection authorities, improving data privacy.

Brussels approved the EU-Singapore Digital Trade Agreement, despite warnings of setbacks to digital rights and oversight. The agreement weakens the Union's ability to protect privacy and data, as deregulation pressures rise across Europe.

Yann LeCun, a leading AI figure, believes current generative AI models are a dead end, diverging from industry focus. LeCun, previously at Meta, is reportedly preparing to launch his own startup, challenging the data-intensive AI approach.

Berlin-based voize secured €43 million in Series A funding to expand its AI companion for nurses across Europe and the US. The funding, led by Balderton Capital, reflects a vibrant European HealthTech landscape with roughly €68 million in sector-adjacent funding this year.

voize secured $50 million in Series A funding to deploy its AI companion for nurses, tackling the global nursing shortage. The AI streamlines workflows by handling documentation and scheduling, currently used in over 1,100 care facilities in Germany and Austria.

Telefónica plans a significant restructuring, announcing a layoff affecting 6,000-7,000 employees in Spain. The reduction, driven by infrastructure investments and changing market dynamics, represents a 70% workforce decrease since 1997.

Hummink, a French deeptech startup, secured €15 million to expand its High-Precision Capillary Printing technology. The technology enables high-accuracy metal printing and micro-defect repair for microelectronics manufacturing, crucial for AI advancements.