News

The European Commission is investigating Snapchat under the Digital Services Act over child protection concerns. The probe focuses on potential exposure of minors to grooming, illegal goods, and age-restricted products.

The European Commission preliminarily found Pornhub, Stripchat, XNXX and XVideos in breach of the Digital Services Act for failing to protect minors. The platforms must now respond to the Commission's findings regarding child exposure to pornography.

Amsterdam’s OpenUp secures €20 million to expand its employee mental health platform across Europe. The funding will accelerate its European expansion strategy and attract new expertise.

Spanish space firm Arkadia Space secures €14. 5M from the European Innovation Council for its green hydrogen peroxide propulsion....

Arkadia Space lands €14. 5M EIC boost for its green propulsion systems replacing toxic space fuels....

Amsterdam-based SOUS raises €4 million to enhance its AI platform for restaurant growth. The AI-powered software aims to give independent food businesses digital firepower equal to large chains.

futurepresent, a German VC firm, emerges with a $300M Fund I targeting AI across infrastructure and industry. The fund has already backed 14 companies in AI for the physical world, applied AI in complex industries, and AI infrastructure.

German fintech Solaris axes 80 roles, 20% of its workforce, to become an "AI-native bank." The company is increasing automation, using AI agents for operations, and developing AI-driven financial services.

Subbyx secures €30M Series A to scale its AI-powered subscription infrastructure across Europe. The Italian scaleup aims to transform ownership-based models into access-based subscriptions, with Sweden as its first international market.

Stateful Robotics secures $4. 8M for AI that gives robots long-term memory and adaptability....

London carbon platform Zevero secures €7M to expand into continental Europe, doubling its customer base and ARR 400%. The funding propels their shift towards continuous data infrastructure for sustainability reporting.

Mistral AI's CEO proposes taxing AI companies in Europe to bolster European AI sovereignty. This move signals a growing push for local control and economic benefit from the booming AI sector.

London AI startup Zalos raises €3. 1M to deploy its AI agents for enterprise finance workflows....

Europe's deeptech valuation hits $690B, with VC funding securing a record 32% share. Geopolitical shifts accelerate investment in AI, semiconductors, and defence, boosting Europe's technological independence.

London-based Zalos secures $3. 6M to deploy AI agents transforming finance departments....

Gothenburg’s Volta Greentech secures €1. 7M to reduce cow methane emissions with feed additive Lome....

Accumulus Technologies launches integration layer connecting pharma systems to drug regulators worldwide. The new Connector streamlines global drug approval processes for companies operating in over 70 countries.

SAP pivots from ERP migration woes to an AI-driven growth strategy. The enterprise software giant is accelerating its focus on artificial intelligence to enhance its product offerings.

European broadcasters demand EU regulators designate smart TV OS and virtual assistants as gatekeepers under the DMA. This move targets Big Tech's growing market power and aims to foster a fairer digital landscape.

Dutch government held open dialogues with 69 tech firms on sovereign cloud services. The goal was to gather market input on defining and achieving sovereign cloud for public sector use.