News

AI audio startup ElevenLabs raises $500M at $11B valuation, pushing towards IPO. The UK-based firm, with Polish founders, uses AI to generate human-like speech and plans international expansion.

Russia is using decades-old, unencrypted European satellites for espionage, exploiting a critical blind spot. This reveals a major strategic vulnerability in Europe's space architecture, now a silent battlefield.

QT Sense secures €4 million for its quantum sensing platform to track cellular stress in real-time. This deep tech funding accelerates development for cancer, sepsis, and arthritis research, enabling new insights into disease.

UK fintech Modulr, backed by PayPal, reports its first full-year profit, signaling a strong financial turnaround. The embedded payments platform processes over 200 million transactions annually.

Lithuanian Axiology secures €5M to build tokenised securities infrastructure under EU DLT Pilot. The fintech platform aims to streamline digital fixed-income instruments in a regulated European capital market.

EDRi flags digital rights concerns over borders, biometrics, billionaires, and bots. The newsletter covers the latest tech policy debates across Europe.

Germany plans a military satellite network with laser weapons and jamming systems, a €10B project by Rheinmetall and OHB. This network aims for secure communication and offensive capabilities for the Bundeswehr.

Spanish edtech BCAS secures €30M to expand flexible student financing, aiming to fund 6,000 more students. The platform offers Income Share Agreements and instalment plans across Spain and Germany.

Flitsmeister denies closure rumors after a marketing stunt. The navigation app introduces a new device, clarifying its ongoing services and future plans.

Microsoft cuts standalone SharePoint and OneDrive licenses, forcing users onto pricier M365 suites. Customers must switch by 2029 as options narrow.

Leuven's Runeasi secures €1M for AI-powered movement analysis, expanding its reach globally. The platform uses AI motion sensors for personalized sports and rehab insights, now used in 40 countries.

French climate investor SlateVC launches a €132M fund for B2B climate tech companies. The fund, backed by EIF and Bpifrance, signals continued capital growth in European climate and deeptech ventures.

Infineon reinvests €500M into AI chip production amid weak markets and a strong dollar. The tech giant pivots to capitalize on AI's booming demand.

Irish sisters' AI startup Linda AI secures €2. 6m to power voice agents for dental practices....

Flitsmeister launches its new "DOT" device, calming user fears of the app shutting down. This hardware accessory aims to assist drivers with advanced features.

Europe's social media blockades hint at upcoming VPN restrictions, potentially limiting online freedom. This evolving digital policy landscape raises concerns for user privacy and access.

Swiss civil society warns against proposed data retention law, fearing privacy invasion. 19 groups urge alignment with top privacy standards, spotlighting concerns over indiscriminate data collection.

EDRi members launch #DIDit movement for digital independence, sparking alternatives to Big Tech. 189 organizations now support monthly meet-ups exploring Big Tech alternatives.

EU Commission's new Digital Networks Act dismantles net neutrality protections, risking paid fast lanes and political control. This move threatens the open internet by weakening independent regulators and could empower biased traffic prioritization.

UK data adequacy decision renewal faces scrutiny, risking future EU-UK digital rights relations. Open Rights Group highlights the implications of continued data transfers.