News
Daily digest of all European digital development news
French AI shop Mistral rolls out full suite of Apache-licensed models
Mistral, the French AI startup, has released its full suite of AI models under the Apache license. This move allows for greater accessibility and customization by developers across Europe and beyond.
Italy’s Bending Spoons adds Eventbrite to portfolio in €430 million all-cash acquisition
Italian tech firm Bending Spoons will acquire Eventbrite for €430 million in cash, turning the US-listed event platform private. The acquisition further expands Bending Spoons' portfolio, which already includes Evernote and Vimeo, solidifying its position in digital product consolidation.
Municipalities jointly tackle AI, cloud and digital security
Dutch municipalities unanimously agreed to collectively address AI, cloud, and digital security challenges. This initiative follows the national digitalization strategy, aiming for at least 80% collective action across various digital themes.
Building a sovereign cloud together for the entire government
Dutch government initiatives aim to build a sovereign cloud for the public sector to reduce reliance on foreign providers. This push is led by Ron Kolkman, who highlights cloud technology's crucial role in the country's digital infrastructure.
Verifactu was about to fall. The Government has just postponed it, and for a political reason
The Spanish government delayed the mandatory implementation of Verifactu, its electronic invoicing system, until 2027 for companies, freelancers and SMEs. This political move, impacting businesses, was driven by political considerations, with potential fines of up to €50,000 for non-compliance.
UCD spin-out Mirror Security secures €2.1 million to advance FHE-based AI security in collaboration with Intel
Irish cybersecurity startup Mirror Security secured €2. 1 million to advance its AI security platform utilizing fully homomorphic encryption....
AP launches campaign to help organizations with a good cookie policy
The Dutch Data Protection Authority (AP) launches a three-week public campaign urging organizations to review their cookie policies. The campaign will run across various media channels including radio, websites, and newspapers.
London’s Expedition Growth Capital raises €323 million Fund III to back bootstrapped European companies
London-based Expedition Growth Capital launched a €323 million fund to back European software companies that skipped venture capital. The firm will invest €8....
Commission seeks feedback on draft implementing act to establish AI regulatory sandboxes under the AI Act
Brussels launches a public feedback phase on draft rules for establishing AI regulatory sandboxes, a key element of the AI Act. This initiative allows providers to test AI systems under supervision, with feedback accepted until January 6, 2026.
Dublin’s Mirror Security raises $2.5m for AI encryption tech
Dublin-based Mirror Security secures $2. 5 million to expand its AI security and encryption technology teams....
Paris-based Bitstack expands its Bitcoin savings suite with fresh €12.9 million funding round
Paris-based Bitstack, a Bitcoin savings app, secured €12. 9 million to accelerate its European expansion....
Shiftmove acquires Ocean, expanding its European fleet technology footprint
Shiftmove, based in Berlin, acquired Ocean, a fleet management division, expanding its European footprint. This move positions Shiftmove as a major fleet tech provider, serving 27,000 customers and managing 730,000 vehicles across Europe.
Duvo raises $15M to give retailers AI staff that cuts manual work by 40%
Duvo secured $15 million in seed funding to provide retailers with AI-powered staff, aiming to cut manual work. The platform offers AI assistants for various tasks, with the goal of expanding into other sectors needing automation.
Saporo closes €7M Series A to scale its graph-native identity security platform
Swiss cybersecurity startup Saporo secured €7 million in Series A funding to scale its graph-native identity security platform. The platform maps attack paths across hybrid identity systems to address the 80% of cyber incidents linked to identity-based attacks.
Bitstack lands $15M to build Europe’s bitcoin savings app
Bitstack, a French Bitcoin savings app, secured $15 million in Series A funding to fuel its European expansion. The company, already active in a dozen countries, will broaden its services and aims to reach one million users within 18 months.
AILOS Robotics gets €3.5M to scale gearbox manufacturing for Europe’s next-gen robots
Brussels-based AILOS Robotics secured €3. 5 million in seed funding to scale gearbox manufacturing for advanced robotics....
With 80% of cyber incidents now identity-based, Saporo raises €7 million to address the gaps attackers exploit
Swiss cybersecurity startup Saporo secured €7 million in Series A funding to fortify enterprise identity security, a growing concern as identity-based cyberattacks rise. This substantial investment, led by TIN Capital, will support Saporo’s expansion across Europe and into the US.
Information session: Protocols for reserving rights from text and data mining under the AI Act and the GPAI Code of Practice
Brussels launches a stakeholder consultation on protocols for reserving rights from text and data mining under the AI Act, starting December 1st. The online information session aims to present the consultation process to interested stakeholders.
“Which AI models recommend us?”: Searchable raises €3.4 million to help teams understand their brand in the AI age
London-based startup Searchable secured €3. 4 million to help brands gain visibility on AI search platforms like ChatGPT....
Following its top performance on AndroidWorld, France’s Minitap secures €3.5 million for its mobile development platform
Minitap, a Paris-based AI-powered mobile development platform, secured €3. 5 million in seed funding....