News
Daily digest of all European digital development news

#PrivacyCamp25: Event summary
Privacy Camp 2025 in Brussels convened experts to discuss resilience and resistance amid deregulation. The event explored pressing issues for policymakers, activists, and academics from Europe and globally.

What makes a Seed VC say “no” in 30 minutes?
Partech, a €2. 5B global VC firm headquartered in Paris, manages the €53M Paris-Saclay Seed Fund....

GoCardless sees revenue boost, undertook 2025 restructure
UK fintech GoCardless reported a revenue boost and a restructuring impacting 90 roles as it moves toward profitability. Dutch peer Mollie announced its €1....

Estonia is the rare EU country opposing bans on children’s social media use
Estonia and Belgium reject EU's Jutland Declaration on restricting children's social media use. Estonia argues age-based bans are unenforceable, favoring GDPR enforcement instead.

Spain’s Sateliot seeks €100 million to accelerate deployment of its 5G satellite network
Spain’s Sateliot seeks €100 million for its 5G satellite network deployment. The funding aims to accelerate constellation deployment and commercial execution, consolidating European 5G satellite infrastructure.

Aura Aero secures €340M, Europe’s first AI-native M&A deal, and Baltic hacker house
Aura Aero secures €340M for its aviation projects, while Eilla AI executes Europe's first AI-native M&A deal. This week saw over €720 million in tech funding across Europe, highlighting significant investment and merger activity.

Croatia launches Europe's first "true commercial robotaxi service"
Croácia lança o primeiro serviço comercial de robotáxis da Europa, permitindo reservas e pagamentos de viagens autónomas em Zagreb. A iniciativa marca um passo pioneiro para a mobilidade autônoma no continente.

Inside Lithuania’s effort to build founders from the classroom
Lithuania launches a TV show, "Student Unicorn Hunt," placing young students in real startup environments to build and pitch companies. This initiative aims to foster entrepreneurial skills, preparing them for a rapidly evolving tech landscape and Lithuania's growing innovation ecosystem.

According to our research: Data protection authority finds serious violations at well-known dating app
German data protection authorities found serious violations at a popular dating app. The app allegedly shared precise user location data with advertising firms without consent, posing a significant risk.

British CX software startup Serve First secures €5.7 million for growth and product development
British CX software startup Serve First secures €5. 7 million for AI development....

Edmund secures €2.5M to bring AI-driven troubleshooting to the factory floor
Czech startup Edmund secures €2. 5M to deploy AI agents for industrial troubleshooting, cutting diagnostic time by up to 90%....

Revolut launches its special AI for banking and finance: advice, economy, assistance, it changes the application interface
Revolut launches AIR, an AI assistant integrated into its app for conversational finance management. The tool analyzes spending, blocks cards, tracks investments, and aids travel by replacing menu navigation with natural language....

Madrid-based Sybol lands €1 million+ to scale corporate digital identity infrastructure
Madrid-based Sybol lands €1M+ for corporate digital identity. The Spanish startup's funding fuels deployment of its enterprise verification platform and corporate wallet, preparing for eIDAS2 and the European Business Wallet.

The Netherlands should remind the European Commission which side they are on
Bits of Freedom urges the Dutch Parliament to scrutinize the European Commission's "Digital Omnibuses" plans. The group warns these proposals, pushed rapidly, could weaken GDPR by redefining personal data and risk fundamental rights.

AI Continent Action Plan delivers major milestones
European Commission's AI Continent Action Plan delivers major milestones, boosting AI innovation one year on. The EU has deployed 19 AI factories and launched the Data Union Strategy for data sharing.

Another French company switches to military: OVHcloud and its datacenters
OVHcloud launches a dedicated division for the military sector, aiming to become a key player in European defense. This move positions the French cloud provider as a challenger to US tech giants in a strategic market.

Fundamental Rights: Two Insiders Report on the European Data Protection Supervisor
European privacy insiders detail the role of the European Data Protection Supervisor in Brussels. They explain the EDPS's involvement in legislative procedures and its collaboration with national authorities.

AI Risks: Broad Alliance Warns of Watered-Down AI Rules
32 organizations warn the EU's AI Act "simplification" could weaken consumer protection. The groups fear loopholes for AI in medical devices and toys....

British FinTech firm MillTech raises €51 million investment at €277 million valuation
British FinTech MillTech secures €51 million at €277 million valuation. Funding fuels North American expansion for the FX hedging and cash investments platform amidst a €2025-2026 European funding cycle.

March 2026's top 10 European tech deals you need to know about
European tech funding in March 2026 saw €7. 5 billion raised across 292 deals, with AI attracting €1....
