News

European startups secured nearly $3 billion in funding this week. Two major deals in London and Paris led a surge in venture capital, highlighting Paris's record AI seed funding and Croatian drone innovation.

AI's surge strains European power grids, forcing data centers from key hubs like Frankfurt and London north and south. Over 80% of Dublin's power now goes to data centers, leading to a de facto moratorium until 2028.

Android users can now enhance privacy with custom ROMs like GrapheneOS. Experts explain improvements with and without these specialized operating systems in c't uplink.

US spend management giant Ramp acquires Stockholm fintech Billhop for undisclosed sum. The move launches Ramp's corporate cards and finance tools across the UK and EU this summer.

Europe's startup community warns the Commission's new company law could mirror Delaware. Without a true pan-European standard, founders will continue incorporating abroad, costing the EU talent and value.

X, formerly Twitter, submits initial Digital Services Act compliance proposals to the EU. The platform aims to address violations ahead of potential EU penalties.

EU-Startups Summit gears up in Malta with 100+ investors flocking to discover Europe's top startups. The event highlights founders, investors, and corporates for two days of networking and inspiration.

Dublin fintech Teybridge Capital pledges £600M for UK SMEs. This investment comes as part of £937M from 15 Irish firms at the UK-Ireland Summit.

Dutch chipmaker Axelera AI, backed by BlackRock, secures $250M to champion local AI processing for European businesses. The company aims to challenge Nvidia's dominance with chips designed for edge devices and data security.

Fintech Revolut secures a full banking license in Europe, allowing it to offer traditional banking services. This significant move expands its reach and solidifies its position against established financial institutions.

France's top court upholds €40M GDPR fine against ad tech giant Criteo. The ruling bolsters data privacy enforcement against major online trackers.

Vilnius-based WhiteBridge AI raises €2. 6M for its AI-powered research engine analyzing online personal data....

Berlin-based Tower secures €5. 5M to simplify AI data engineering....

Consumer groups urge an ambitious Digital Fairness Act to shield all users online from harmful practices. This act will update EU consumer law, boosting legal certainty and fair competition across digital markets.

Ukrainian-Estonian Black Forest Systems raises $400K for infantry drones. Their secure communication and control software platforms simplify operations for soldiers.

DEXTools launches PerpTools, adding perpetual futures trading to its analytics suite. The platform secured $3M seed funding and integrates directly within DEXTools, serving its 30M+ users.

EU risks sacrificing fundamental rights for AI innovation. A new analysis warns Brussels' drive to "regulate better" may weaken protections, pushing Europe into a misunderstood competitiveness race.

Privacy advocates BOOS and Bert Hubert win awards for championing child privacy and Dutch digital sovereignty. Hubert's "Cloud Kootwijk" proposal urges a government-run cloud to reduce Big Tech dependence.

Kyiv edtech platform Kodree secures $10M financing to scale its AI-powered learning paths. Users in 185 countries will benefit as the platform accelerates global user acquisition.

EU lawmakers agree to ban non-consensual deepfakes, incorporating the prohibition into the AI Act. This move tackles AI-generated non-consensual nude imagery through legislative action.