News
Daily digest of all European digital development news
Germany’s FLEXOO, whose tech is used in NASA’s lunar rover, raises €11 million to scale physical AI
German startup FLEXOO secures €11 million to scale physical AI sensors. Its tech bridges hardware and AI, feeding data to algorithms for battery and automotive industries.
Spanish ‘soonicorn’ Multiverse Computing releases free compressed AI model
Spanish AI firm Multiverse Computing launches a free, compressed AI model that outperforms Mistral. The HyperNova 60B model, available on Hugging Face, offers a powerful open-source alternative.
Data Protection Reform: Member States Distance Themselves from EU Commission's Plans
EU member states push back against the Commission's "Digital Omnibus" plans, signaling a departure from proposed data regulation overhauls. This move impacts the swift revision of key European digital laws currently under negotiation.
Allica Bank to become UK’s latest fintech unicorn, following $155M funding round, according to report
UK fintech Allica Bank nears unicorn status with $155M Series D, eyeing European expansion and AI development. This significant funding fuels its strategy to become the dominant digital bank for established SMEs.
Dutch AI inference chipmaker Axelera AI raises $250M
Dutch AI chipmaker Axelera AI secures record €250M Series B, fueling edge inference technology. The funding boosts Axelera's mission to make AI more energy-efficient and deployable on devices.
Everyone wants to take the throne from ASML. Today ASML has decided the throne is higher
ASML unveils EUV light source advance, boosting chip production by 50% by 2030. This innovation intensifies the global race for semiconductor manufacturing dominance.
Spain has just plugged in more batteries in one month than in three years: this is the plan to store our cheapest energy
Spain dramatically accelerates battery storage deployment, connecting over 57MW in January 2026 alone. This surge aims for 22....
United Kingdom will regulate Netflix and other streaming services like traditional televisions
UK mandates Netflix and streaming rivals meet traditional TV content rules. New regulations aim to level the playing field for all broadcasters and platforms.
Power Protocol reaches $15.4M total funding to expand gaming ecosystem
London blockchain platform Power Protocol secures $3M from BITKRAFT Ventures, boosting its gaming ecosystem funding to $15. 4M....
The New Era of Shopping raises $1.4M Pre-Seed to help brands win in the age of agentic commerce
The New Era of Shopping raises $1. 4M Pre-Seed to help brands connect with AI shoppers....
Amid €65 billion lost each year to stroke and dementia in Germany, nyra health secures €20 million to scale digital neurotherapy
nyra health secures €20M for AI neurotherapy platform scaling in DACH and US. This funding accelerates a data-driven approach to post-stroke and dementia care.
From ‘prompt-and-pray’ to production: Straion raises €1.1M to govern AI coding at scale
AI coding startup Straion secures €1. 1M to govern AI-generated code at scale....
CNPD signs international declaration and warns of AI risks to privacy
Portugal's data protection authority joins global call on AI privacy risks, highlighting dangers for citizens. The CNPD's international declaration urges caution amidst rapid AI development.
From capital markets to combat drones: 10 of the most promising Lithuanian startups to watch in 2026
Lithuanian fintech Axiology builds digital infrastructure for tokenised bond issuance and trading on XRP Ledger. Authorized under the EU DLT Pilot Regime, it streamlines fixed-income instruments for licensed brokers and banks.
Digital Omnibus Report V3: Analysis of Select GDPR and ePrivacy Proposals by the Commission
noyb's Digital Omnibus Report V3 urges EU lawmakers to reject key GDPR and ePrivacy proposals. The analysis offers concrete recommendations for legislative changes to protect user data.
Checkout.com says 2025 full-year profitable, ups headcount
London-based Checkout. com processed over $300bn, a 64% surge, and grew revenue over 30% for a second year....
Protecting EU data and privacy rights in the Digital Omnibus
EU proposal weakens GDPR and ePrivacy rules, risking consumer data rights and European competitiveness. Targeted modifications instead "reopen" key regulations, potentially favouring dominant firms over SMEs.
Tewke secures £1.5M to scale AI-powered home energy platform
London’s Tewke secures £1. 5M to scale its AI-powered home energy platform, Tap....
Celebratix closes €2.2M round to scale European ticketing
Amsterdam ticketing startup Celebratix secures €2. 2M to consolidate Europe's fragmented market....
Munich-based VoiceLine raises €10 million to scale its voice AI platform for enterprise frontline teams
Munich-based VoiceLine secures €10 million Series A for its voice AI platform aimed at enterprise frontline teams. This funding accelerates international expansion and makes enterprise-grade voice AI accessible to more organizations.