News
Daily digest of all European digital development news
“Secondhand fashion is no longer a niche” – Yaga raises €4 million for its online marketplace and to expand globally
Estonian secondhand fashion marketplace Yaga secured €4 million in a pre-Series A round, bringing total funding to €7. 2 million....
Digital Euro: How anonymous payments would be possible
The European Data Protection Board is assessing the digital euro's potential for anonymous, offline transactions. The study explores whether the digital euro can offer a payment experience akin to cash.
With €30 million in funding, Vilnius-based nexos.ai sets its sights on AI adoption and the ‘Shadow AI’ challenge
Vilnius-based AI platform nexos. ai secured a €30 million Series A round to accelerate enterprise AI adoption and tackle "Shadow AI....
Chipmind exits stealth with $2.5M to launch AI agents for faster chip design
Chipmind, a Zurich-based startup, exits stealth with $2. 5 million to launch AI agents that accelerate chip design workflows....
Seventh AI Pact webinar on AI Innovation for SMEs and startups
The EU is hosting a webinar on November 25th, focusing on AI innovation for SMEs and startups, as well as the AI Act. The event will cover AI sandboxes, real-world testing, the AI Act Service Desk, and European Digital Innovation Hubs.
Call for Proposals - Cross-border Media Literacy
Brussels rolls out a €3M Creative Europe call to fund cross-border media literacy projects. The initiative aims to strengthen societal defenses against disinformation, opening October 23, 2025, and closing March 11, 2026.
European AI rising star Nexos.ai raises €30M to unlock enterprise AI adoption
Nexos. ai, founded by Nord Security co-founders, secured a €30 million Series A to simplify enterprise AI adoption....
We asked 3 chatbots about Europe’s startup future – here’s what they said
The EU-Startups tested three AI chatbots to assess their understanding of Europe's startup landscape. Mistral AI and DeepSeek, both European models, favored France to lead the startup scene by 2030, highlighting policy and sovereignty.
Mobile and fixed broadband price is Europe in 2023: Insights into the European Broadband Market
Mobile internet prices in the EU dropped by 14. 9% in 2023, while fixed broadband fell by 3%, according to a new report....
From Seed to sovereignty: HV Capital’s expanding mandate across Europe
HV Capital, a European venture capital firm, completed a generational handover to ensure long-term success with over €2. 8 billion under management....
Sales engagement platform lemlist acquires fellow French AI platform Claap to transform sales with AI technology
Lemlist acquired Claap, a French AI platform, to integrate AI-driven sales insights into its platform. Claap, valued between €12 and €25 million, will help sales teams convert conversations into revenue.
AI is taking key steps to be much better in the future: such as not needing humans
MIT researchers developed SEAL, a self-improving AI model, allowing it to refine itself without human intervention. This technique generates its own training data, even surpassing GPT 4....
Spanish drone developer Fuvex raises €1.7 million to fly high across Europe’s inspection skies
Spanish drone startup Fuvex secured €1. 7 million to expand its long-range aerial systems across Europe for infrastructure inspection....
With €4 million in funding, German InsurTech developer Enzo looks to tackle water damage with their novel sensor
German InsurTech startup Enzo secured a €4 million Seed extension to combat water damage with its AI platform and IoT sensors. This brings its total seed funding to €6....
From guiding the blind to delivering goods: Romania’s .lumen expands into urban robotics with €11 million grant
Romanian startup . lumen secured an €11 million grant to develop autonomous robots for urban delivery using AI technology....
European tech weekly recap: More than 85 tech funding deals worth over €2.2B
Brussels saw over 85 tech funding deals close, injecting more than €2. 2 billion into the European tech ecosystem....
Certificall raises €1M seed to strengthen its position in the European market
Certificall, a trusttech company, secured €1 million in seed funding to strengthen its position in Europe. The funding will support further tech development as the company expands its visual evidence solutions, compliant with EU digital identity regulations.
A university used AI to hunt down students who were using AI. The result was a predictable disaster
An Australian university’s AI-powered system falsely accused 6,000 students of academic misconduct, with 90% related to AI use. This incident highlights the unreliability of current AI tools, leading to numerous false accusations in educational settings.
European cities have small, narrow and winding streets: Waymo lands in the acid test of its cars
Waymo plans to launch its driverless robotaxi service in London next year, marking a key test for autonomous driving in Europe. The company is seeking regulatory approval before offering the service, starting with human-driven vehicles in specific areas.
Backed by Reddit and and Lyft Founders, Danish startup Jabbr.ai raises €4.3 million to bring transparency to combat sports
Danish AI startup Jabbr. ai secured €4....