News
Daily digest of all European digital development news
EU Cybersecurity Regulation Forces Embedded Systems Industry to Make Changes
EU's Cyber Resilience Act forces changes on embedded systems like industrial computers and medical devices. Companies must now proactively address cybersecurity risks for their products.
EU lawmakers deal to ban AI non-consensual intimate deepfakes
EU lawmakers strike deal to ban non-consensual intimate deepfakes under the AI Act. The ban, driven by recent scandals and 57 MEPs, adds explicit prohibition to the landmark legislation.
Elaia closes its third deep-tech seed fund at €134M
Paris VC Elaia secures €134M for deep-tech startups, exceeding its €120M goal. The fund accelerates investment in cutting-edge European technology and innovation.
Barcelona’s Delfos Energy raises €3 million to build AI “virtual engineer” for the energy industry as it charges up for Series A
Barcelona's Delfos Energy raises €3M for its AI virtual engineer powering Europe's energy sites. The funding will fuel Series A expansion and solidify its role in digital energy transformation.
Neuramancer lands €1.7M pre-seed to scale deepfake detection tools
Berlin startup Neuramancer AI secures €1. 7M to combat deepfakes with novel AI detection....
Cleafy raises €12M to expand financial fraud detection technology
Milan-based Cleafy secures €12M for its AI-powered financial fraud detection platform. The funding will accelerate global threat analysis and bolster European banking sector resilience amid new regulations.
EU Commission undermines data protection of the digital wallet
EU Commission weakens data protection for digital wallets by diluting the "need-to-know" principle. This decision undermines a core strength of the upcoming EUDI Wallet for official documents.
Revolut finally secures full UK banking licence as it continues global push
Revolut secures a full UK banking licence after a five-year wait, signalling a major fintech expansion. The digital bank also applied for a US licence, accelerating its global ambitions.
Germany’s AIRMO raises €5 million to detect methane leaks from space with satellite launch planned for 2027
German SpaceTech startup AIRMO raises €5 million for its satellite-based methane leak detection. The funding fuels a 2027 satellite launch to monitor 12 million energy assets globally.
Elaia closes third DeepTech Seed fund at €134 million as “European DeepTech is reaching escape velocity”
Elaia closes €134M fund for European DeepTech, fueling B2B startups in AI and digital innovation. The VC firm is actively deploying capital to companies across Europe, signalling significant growth.
Almost 40 new unicorns have been minted so far this year — here they are
AI ignites European startup funding frenzy, minting almost 40 new unicorns this year. This surge highlights intense investor interest in AI-driven innovation across the continent.
Pure Data Centres and AVK deploy Europe’s first large-scale microgrid
Europe's first large-scale 110 MW data centre microgrid launches in Dublin. This Pure Data Centres and AVK deployment enhances resilience during initial development phases.
Spotlight Pathology has raised £1.4M to catch blood cancer sooner
UK healthtech firm Spotlight Pathology raises £1. 4M for its AI software that accelerates blood cancer diagnosis....
Revolut wins full UK banking licence, as finally exits mobilisation phase
Revolut finally exits UK banking restrictions, launching a full-service bank after a 20-month regulatory process. The fintech giant now competes directly with established UK lenders, aiming for broader product offerings.
ICO fines Police Scotland over data-sharing debacle in gross misconduct case
ICO fines Police Scotland for data-sharing errors. The penalty highlights significant breaches in handling sensitive information during misconduct investigations.
Another Earth secures €3.5M to scale AI data and simulation platform
Vienna-based Another Earth secures €3. 5M to scale its AI synthetic data platform for Earth observation....
Samaipata launches €110M Fund III to back Europe’s next generation of AI-native startups
Samaipata launches €110M fund to back Europe's AI startups, focusing on application-layer products. The firm aims to invest in 25-30 early-stage companies, with over €70M already raised from anchor investors.
Sybilion secures $4.2M to build AI platform for industrial markets
Sybilion secures $4. 2M for its AI decision platform to help industrial firms navigate market volatility....
Legora makes first acquisition, as it expands North America presence
Swedish legal tech firm Legora acquires Canadian AI startup Walter, bolstering its North American expansion. The deal accelerates Legora's push for agentic AI workflows in legal practice.
Paris startup Lemrock raises €6M to become the commerce layer inside AI agents
Paris startup Lemrock secures €6M to build the commerce layer for AI agents, anticipating a shift to AI-driven shopping. The funding will accelerate its platform's development to ensure brands are discoverable by emerging AI storefronts.