News
Daily digest of all European digital development news
February funding rebounds to €7.8B as UK startups capture the lion’s share of European capital
European tech funding rebounds to €7. 8B in February, driven by 296 deals and 11 mega-rounds....
Commission holds first meeting of Special Panel on child safety online
Brussels launches Special Panel on child safety online, pushing for expert recommendations and potential age restrictions. The initiative aims to mirror real-world child protection standards for the digital realm.
Dutch payments technology firm Silverflow closes €37 million Series B; plans to grow workforce by over 50%
Dutch fintech Silverflow secures €37M Series B for cloud-native payment processing. The funding accelerates global expansion and workforce growth by over 50%, aiming to replace outdated systems.
GDPR Omnibus: EU “simplification” far removed from real business needs
noyb criticizes EU's GDPR "simplification" as misaligned with business needs, finding participant responses contradict Commission's direction. The report highlights the gap between proposed changes and practical GDPR implementation.
Thursday: Risk from Google's API keys, successes against cybercrime & phishing
Europol shutters Tycoon2FA, a major phishing platform, in a significant blow to cybercrime. This action disrupts a key tool used by criminals to steal credentials and access sensitive data.
AP: AI Impact Barometer turns red, action is necessary
Dutch data watchdog warns of critical AI risks, urging swift regulation and enforcement. Urgent clarity is needed for organizations to avoid discriminatory algorithms, with no current means to address non-compliance.
Nvidia Takes on Telco Industry With Open Source Model
Nvidia launches an open-source model to empower telcos with autonomous workflows. This move challenges established network giants like Ericsson and Nokia in the European market.
MWC: Two-thirds of internet users prefer companies from Europe
Europeans increasingly favor homegrown tech firms over global giants, seeking alternatives for services like Gmail and WhatsApp. This shift highlights a growing demand for European digital solutions.
PSP issues alert to everyone due to a scam
Portugal's Ministry of Health warns of fake messages targeting citizens with fraudulent payment requests and malicious links. This scam exploits trust in public health services, risking personal data and finances.
Spain’s PLD Space raises €180M to scale satellite launch infrastructure
Spain’s PLD Space secures €180M for satellite launch infrastructure, advancing commercial operations. The company aims for over 30 launches annually by 2030.
YC-backed Diligent AI raises €2.1 million to automate KYC and AML workflows using AI agents
London- and Berlin-based Diligent AI secures €2. 1M to automate financial crime compliance with AI agents....
EIF makes largest defence investment yet with €50M backing for Join Capital
EIF backs deeptech defence startups with €50M investment in Join Capital Fund III. The fund targets 25 early-stage European companies developing technologies for defence, security, and space applications.
Europe’s push for space autonomy gains momentum as Spain’s PLD Space secures €180 million Series C
Spain's PLD Space secures €180M to launch commercial space operations, accelerating European ambitions for market autonomy. The funding fuels industrial scale-up for its MIURA 5 rocket, targeting a growing global customer base.
EDRi-gram, 4 March 2026
EU pushes Chat Control legislation, risking end-to-end encryption. Digital Fairness Act aims to disrupt extractive business models impacting user rights.
Diligent AI raises $2.5M to support KYC and AML teams with AI agents
London-based Diligent AI secures $2. 5M to deploy AI agents automating financial crime compliance....
Outsourcing crime control: How EU anti-money laundering rules threaten financial privacy
EU shifts AML/CFT burden to private firms, creating extensive financial surveillance. Revised rules, set to take effect mid-2027, expand this system, impacting ordinary citizens.
GHARAGE Ventures unveils €40 million Fund I, anchored by Gebr. Heinemann, to back travel and RetailTech startups
GHARAGE Ventures launches €40M Fund I, anchored by Gebr. Heinemann, to digitize the under-digitized travel and retail sectors....
GHARAGE Ventures launches Fund I and opens global travel platform
GHARAGE Ventures launches €40M fund targeting under-digitised travel retail. The fund will back startups with automation and AI focus, aiming for 30 investments globally.
Oslo’s Photoncycle raises €15 million to enable households to store surplus summer solar power for winter use
Photoncycle secures €15M to unlock household solar storage for winter. This technology converts surplus solar power into solid-state hydrogen, reducing Europe's reliance on imported fossil fuels.
Cambridge-based Mutable Tactics closes €1.8 million pre-Seed to power coordinated drone team autonomy using AI
DefenceTech startup Mutable Tactics secures €1. 8M pre-Seed for AI drone team autonomy....