News
Daily digest of all European digital development news
From energy transition to deeptech growth: the Swedish tech ecosystem
Swedish tech secures €4. 1B as European investment hits €72B....
Antwerp-based Vectrix raises €1.15 million to build the automation layer for transport operations
Antwerp's Vectrix secures €1. 15M for its AI automation layer in transport operations....
We were guests in the House of Representatives to talk about social media and interference
Bits of Freedom informs Dutch parliament on social media algorithms and societal impact. They warn online platforms are disrupting public debate, threatening democratic discourse.
Google introduces major changes for the Play Store
Google slashes Play Store commissions, boosting European developers. New programs aim to promote apps and games, impacting the digital marketplace.
FIRSTPICK raises €25M to find the Baltics’ next breakout founders
Baltic VC FIRSTPICK launches €25M fund targeting AI-first software founders, focusing on grit and ideas over traditional backgrounds. This accelerates investment in underpriced talent across the region.
Europol announces the end of Tycoon 2FA: a vast phishing network responsible for hacking 100,000 organizations
Europol dismantles Tycoon 2FA, a massive phishing network that compromised over 100,000 organizations. Microsoft confirms the tools bypassed crucial two-factor authentication security measures.
FIRSTPICK launches €25 million fund to act as VC “fairy godmother” to Baltic founders before their Cinderella moment
FIRSTPICK launches €25M Baltic fund targeting AI-first software startups, backing founders beyond typical VC molds. This initiative aims to nurture undervalued talent and strengthen Lithuania’s innovation ecosystem.
EU must step up its efforts to curb the high number of unsafe products entering Europe
EU consumers face 4,671 unsafe products in 2025, highlighting urgent need to overhaul e-commerce market surveillance. BEUC calls for marketplace accountability and swift EU action to curb dangerous goods entering the bloc.
February funding rebounds to €7.8B as UK startups capture the lion’s share of European capital
European tech funding rebounds to €7. 8B in February, driven by 296 deals and 11 mega-rounds....
Commission holds first meeting of Special Panel on child safety online
Brussels launches Special Panel on child safety online, pushing for expert recommendations and potential age restrictions. The initiative aims to mirror real-world child protection standards for the digital realm.
Dutch payments technology firm Silverflow closes €37 million Series B; plans to grow workforce by over 50%
Dutch fintech Silverflow secures €37M Series B for cloud-native payment processing. The funding accelerates global expansion and workforce growth by over 50%, aiming to replace outdated systems.
GDPR Omnibus: EU “simplification” far removed from real business needs
noyb criticizes EU's GDPR "simplification" as misaligned with business needs, finding participant responses contradict Commission's direction. The report highlights the gap between proposed changes and practical GDPR implementation.
Thursday: Risk from Google's API keys, successes against cybercrime & phishing
Europol shutters Tycoon2FA, a major phishing platform, in a significant blow to cybercrime. This action disrupts a key tool used by criminals to steal credentials and access sensitive data.
AP: AI Impact Barometer turns red, action is necessary
Dutch data watchdog warns of critical AI risks, urging swift regulation and enforcement. Urgent clarity is needed for organizations to avoid discriminatory algorithms, with no current means to address non-compliance.
Nvidia Takes on Telco Industry With Open Source Model
Nvidia launches an open-source model to empower telcos with autonomous workflows. This move challenges established network giants like Ericsson and Nokia in the European market.
MWC: Two-thirds of internet users prefer companies from Europe
Europeans increasingly favor homegrown tech firms over global giants, seeking alternatives for services like Gmail and WhatsApp. This shift highlights a growing demand for European digital solutions.
PSP issues alert to everyone due to a scam
Portugal's Ministry of Health warns of fake messages targeting citizens with fraudulent payment requests and malicious links. This scam exploits trust in public health services, risking personal data and finances.
Spain’s PLD Space raises €180M to scale satellite launch infrastructure
Spain’s PLD Space secures €180M for satellite launch infrastructure, advancing commercial operations. The company aims for over 30 launches annually by 2030.
YC-backed Diligent AI raises €2.1 million to automate KYC and AML workflows using AI agents
London- and Berlin-based Diligent AI secures €2. 1M to automate financial crime compliance with AI agents....
EIF makes largest defence investment yet with €50M backing for Join Capital
EIF backs deeptech defence startups with €50M investment in Join Capital Fund III. The fund targets 25 early-stage European companies developing technologies for defence, security, and space applications.