News
Daily digest of all European digital development news
Espoo-based IQM goes public on Nasdaq in European quantum first with €127 million in PIPE financing
Espoo-based IQM Quantum Computers goes public on Nasdaq, becoming Europe's first quantum tech firm to list publicly. The company raised €127 million in PIPE financing, bringing total growth funding to €475 million.
Google receives a fine of 4.1 billion euros for abuse of power with Android
EU fines Google €4. 1 billion for Android abuse....
Infineon opens new €5bn Smart Power Fab chip factory in Germany
Infineon opens new €5bn Smart Power Fab chip factory in Germany, months ahead of schedule. The Dresden plant represents Infineon's largest single investment and a major project for Germany.
Dublin’s Pilot Photonics wins €10.4m EIC backing for photonic chip scale-up
Dublin’s Pilot Photonics secures €10. 4m from the European Innovation Council for its AI data centre photonic chip technology....
IQM becomes first European quantum computing company to list on a major US exchange
IQM becomes the first European quantum computing firm to list on a major US exchange, Nasdaq, with a €337M cash position. The company has sold 23 quantum computers globally, leading the market with its full-stack systems.
The Government says Palantir is a national security risk. NATO, of which Spain is a partner, has put it in charge of its own
Spain joins France, Germany, and others in blocking new contracts with Palantir due to national security concerns. The unofficial ban stems from fears of sensitive data falling into the hands of a U....
Orbit Capital closes €107M venture debt fund for CEE scaleups
European Investment Fund backs Orbit Capital’s €107M venture debt fund for CEE scaleups. The fund supports post-Series A tech firms with non-dilutive growth capital for expansion and acquisitions.
BidScript reports up to 50% higher tender win rates as it secures €701k pre-Seed funding
Manchester-based BidScript secures €701k pre-Seed funding for its AI tender management platform. This funding accelerates BidScript's expansion into new markets amid strong European procurement tech investment.
Government focuses on its own, secure sovereign cloud
Netherlands plans a sovereign government cloud to boost digital autonomy and security against non-European providers dominating the market. The government will develop this cloud in its own data centers, involving market collaboration.
Ireland secures €10m to launch AI Factory Antenna
Ireland secures €10m to launch its national AI Factory Antenna, connecting the Irish AI ecosystem to European AI Factories infrastructure. The programme aims to foster collaboration and advance AI development across the continent.
BEUC welcomes EU Court antitrust ruling confirming Google used illegal practices restricting consumer choice
BEUC welcomes EU Court ruling confirming Google abused its dominant position on Android, limiting consumer choice. The judgment upholds the European Commission's finding that Google's practices violated EU competition law.
Dutch cybersecurity startup Dawnguard lands €2.8 million for AI-native security architecture automation
Dutch cybersecurity startup Dawnguard lands €2. 8 million, bringing its total funding to over €5....
Build raises $8.5M to speed up the paperwork behind data centres
Build raises $8. 5M to cut data centre paperwork by 95% using AI....
Qonto and Pennylane: French fintech friends and foes
French fintech Qonto offers SME banking and accounting services across eight EU markets. The company, last valued at $5bn, operates under a Payment Institution licence and is seeking a French banking licence for lending.
Now or never: why the Digital Euro must not fail on privacy
Europe's Digital Euro faces a critical privacy test as civil society groups urge strong protections in its technology. A recent ECON Committee vote signals progress, but advocates warn against weakening privacy safeguards to ensure public trust.