News

Dutch chipmaker Axelera AI, backed by BlackRock, secures $250M to champion local AI processing for European businesses. The company aims to challenge Nvidia's dominance with chips designed for edge devices and data security.

Fintech Revolut secures a full banking license in Europe, allowing it to offer traditional banking services. This significant move expands its reach and solidifies its position against established financial institutions.

France's top court upholds €40M GDPR fine against ad tech giant Criteo. The ruling bolsters data privacy enforcement against major online trackers.

Vilnius-based WhiteBridge AI raises €2. 6M for its AI-powered research engine analyzing online personal data....

Berlin-based Tower secures €5. 5M to simplify AI data engineering....

Consumer groups urge an ambitious Digital Fairness Act to shield all users online from harmful practices. This act will update EU consumer law, boosting legal certainty and fair competition across digital markets.

Ukrainian-Estonian Black Forest Systems raises $400K for infantry drones. Their secure communication and control software platforms simplify operations for soldiers.

DEXTools launches PerpTools, adding perpetual futures trading to its analytics suite. The platform secured $3M seed funding and integrates directly within DEXTools, serving its 30M+ users.

EU risks sacrificing fundamental rights for AI innovation. A new analysis warns Brussels' drive to "regulate better" may weaken protections, pushing Europe into a misunderstood competitiveness race.

Privacy advocates BOOS and Bert Hubert win awards for championing child privacy and Dutch digital sovereignty. Hubert's "Cloud Kootwijk" proposal urges a government-run cloud to reduce Big Tech dependence.

Kyiv edtech platform Kodree secures $10M financing to scale its AI-powered learning paths. Users in 185 countries will benefit as the platform accelerates global user acquisition.

EU lawmakers agree to ban non-consensual deepfakes, incorporating the prohibition into the AI Act. This move tackles AI-generated non-consensual nude imagery through legislative action.

Qdrant raises $50M Series B for its open-source vector search engine, accelerating AI infrastructure development. This funding fuels the expansion of its composable platform for dynamic AI workloads and evolving datasets.

Amsterdam startup Wonderful secures $150M Series B to scale AI agents, aiming to bridge the demo-to-production gap for enterprises globally. The funding fuels expansion across 30 countries with its rapidly growing AI team.

Estonian AI procurement platform SkySelect secures $9M to modernize aircraft parts sourcing. AI solutions cut AOG costs and reduce excess inventory, addressing a $50B industry inefficiency.

Amsterdam's Wonderful secures €129. 8M for its enterprise AI agent platform, now valued at €1....

Delfos Energy launches AI "virtual engineer" for energy infrastructure, securing €3M extension. The platform supports over 1,000 energy sites across Europe, offering actionable insights to boost efficiency.

Germany's heise online highlights digital sovereignty strategies for Cloud, AI, and Security. The move aims to protect against geopolitical risks from tech giant dependence.

Swedish testing startup Endform secures €1. 5M seed funding to accelerate AI-generated code reviews....

Vienna-based Refurbed accelerates circular economy for electronics, refurbishing and reselling devices. The platform has secured over €120M to scale its sustainable consumption mission across Europe.