News
Daily digest of all European digital development news

Europe had been asking for a major statement. Revolut has just made it with an enormous valuation
Revolut, the London-based fintech, achieved a staggering $75 billion valuation, solidifying its position as Europe's most valuable startup. The valuation comes after a share sale involving major tech investment funds, and the company now has over 65 million global customers.

More security for your company, a web page creator and a 50 euro gift for Amazon: this is Kaspersky's Black Friday
Kaspersky is offering its Small Office Security package with a 15% discount for Black Friday, now available for €174. 02 with a discount code....

Digital Omnibus: The EU Parliament Is Heading for the Next Conflict
Brussels' "Digital Omnibus" proposal, which aims to simplify digital regulations, faces strong opposition over potential weakening of AI and data protection rules. Four parliamentary factions criticize the move, setting up a potential clash with conservatives who generally support it.

Britain’s HubBox collects €6.8 million in growth funding as demand rises for pickup-point delivery options
London-based HubBox secured €6. 8 million in growth funding to expand its out-of-home delivery software for e-commerce retailers....

The eastern frontier is Europe's new critical deeptech engine
European VC funds unveil a report highlighting the Eastern frontier as a critical deeptech engine for defense innovation. Tough-tech ventures in ten nations now account for 16% of startups, with significant investment in quantum and space technologies.

London and New York-based Model ML raises $75M
Model ML, an AI automation platform for financial services, secured a $75 million Series A round to streamline workflows. The London and New York-based startup, founded by the Englander brothers, plans global expansion and will enhance its AI capabilities with this funding.

Social Links raises $3M to boost AI digital risk protection
Netherlands-based Social Links secured $3 million to advance its AI-driven digital risk protection tools for businesses. The AI agents counter AI-driven crime and fraud across social media and messaging services to secure brands and assets.

Model ML raises €65 million as its AI beats McKinsey and Bain benchmarks with under-3-minute output checks
Model ML, an AI workflow automation platform, secured €65 million to accelerate its global expansion and boost AI capabilities. The Series A funding, led by FT Partners, will help the London-based company expand across key financial hubs.

Revolut lands a €65 billion valuation after latest share sale fuels global bank ambitions
Revolut, the London-based fintech, secured a €65 billion valuation after a share sale boosted its global bank ambitions. The FinTech heavyweight's valuation increased, with investments from Andreessen Horowitz, Franklin Templeton, and NVentures.

Social Links raises €2.6 million to enhance AI tools that detect fraud, scam messages and brand misinformation
Social Links secured €2. 6 million in follow-on funding to enhance its AI tools for detecting fraud and misinformation....

Revolut valued at $75BN, with Nvidia and A16z joining investor roster
Revolut's valuation surges to $75 billion after a secondary share sale that brought in Nvidia and Andreessen Horowitz. This increase cements Revolut as Europe's most valuable private tech firm, with over 65 million customers and £3....

AI Act Service Desk helps organizations with AI regulations
Brussels launches the AI Act Service Desk to help organizations understand and implement the EU's AI regulations. The platform provides clear explanations, practical tools, and expert support for governments, businesses, and other stakeholders.

Beware of this Android malware! It can read WhatsApp, Signal, and Telegram conversations
A new Android malware, dubbed Sturnus, is targeting European smartphones, stealing banking credentials and sensitive data. The sophisticated malware monitors screens and intercepts messages from apps.

Talk on WhatsApp with other messaging apps: what this feature is, how it works, requirements and how to activate it
WhatsApp launches interoperability, enabling users to chat with other messaging apps within its platform. This feature rollout, driven by European regulations, allows users to communicate with other platforms directly from WhatsApp, despite not being available to all users yet.

Zurich’s Flexion raises €43 million to build the brains behind humanoids
Flexion, a Zurich-based robotics intelligence startup, secured €43 million in Series A funding to build the "brain" for humanoid robots. The investment, led by DST Global Partners, fuels the company's mission to create an intelligence stack for robots that can work alongside humans.

With UK families now facing up to €25.7k in university costs – Sencillo advances education finance platform with new €397k
Sencillo, a London-based FinTech, secured over €397k to launch a platform to help parents plan and manage education finances. The pre-Seed funding joins €47 million in FinTech investments across Europe this year.

Dutch online grocery store Picnic raises €430M
Dutch online grocery store Picnic secured €430 million from existing investors to fuel its expansion in Germany. The funding will also help Picnic grow into other unnamed markets, serving two million customers across 200 locations.

Berlin-based NexDash hauls in €5 million to electrify Europe’s freight
Berlin-based NexDash secured €5 million in seed funding to build Europe's first "Neo-Carrier" for electric trucks, aiming to digitize zero-emission freight. The funding, led by Extantia Capital, accelerates the shift from diesel fleets to electric, starting with Germany.

MuchBetter.ai banks €4M to boost workforce performance through AI-based conversations
French startup MuchBetter. ai secured €4 million to enhance workforce performance using AI-based conversation simulations....

Spanish VCs weigh in – What 2025 means for Spain’s growing startup ecosystem
Spanish venture capital firms are closing new funds, signaling growth in the country's startup ecosystem, with €120M from Armilar for DeepTech. Armilar targets B2B startups in AI, cybersecurity, fintech, and more, while 4Founders Capital's third fund reached €134 million.
