News
Daily digest of all European digital development news

Commission seeks feedback on draft implementing act to establish AI regulatory sandboxes under the AI Act
Brussels launches a public feedback phase on draft rules for establishing AI regulatory sandboxes, a key element of the AI Act. This initiative allows providers to test AI systems under supervision, with feedback accepted until January 6, 2026.

Dublin’s Mirror Security raises $2.5m for AI encryption tech
Dublin-based Mirror Security secures $2. 5 million to expand its AI security and encryption technology teams....

Paris-based Bitstack expands its Bitcoin savings suite with fresh €12.9 million funding round
Paris-based Bitstack, a Bitcoin savings app, secured €12. 9 million to accelerate its European expansion....

Shiftmove acquires Ocean, expanding its European fleet technology footprint
Shiftmove, based in Berlin, acquired Ocean, a fleet management division, expanding its European footprint. This move positions Shiftmove as a major fleet tech provider, serving 27,000 customers and managing 730,000 vehicles across Europe.

Duvo raises $15M to give retailers AI staff that cuts manual work by 40%
Duvo secured $15 million in seed funding to provide retailers with AI-powered staff, aiming to cut manual work. The platform offers AI assistants for various tasks, with the goal of expanding into other sectors needing automation.

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....
