News
Daily digest of all European digital development news

PayPal-backed Modulr banks first full-year profit
UK fintech Modulr, backed by PayPal, reports its first full-year profit, signaling a strong financial turnaround. The embedded payments platform processes over 200 million transactions annually.

Lithuanian startup Axiology raises €5 million to develop tokenised capital markets platform
Lithuanian Axiology secures €5M to build tokenised securities infrastructure under EU DLT Pilot. The fintech platform aims to streamline digital fixed-income instruments in a regulated European capital market.

EDRi-gram, 4 February 2026
EDRi flags digital rights concerns over borders, biometrics, billionaires, and bots. The newsletter covers the latest tech policy debates across Europe.

Aufrüstung im All: Bundeswehr plant eigenes „Starlink“ mit Laserwaffen und Störsystemen
Germany plans a military satellite network with laser weapons and jamming systems, a €10B project by Rheinmetall and OHB. This network aims for secure communication and offensive capabilities for the Bundeswehr.

BCAS secured €30M to strengthen its position in flexible student financing
Spanish edtech BCAS secures €30M to expand flexible student financing, aiming to fund 6,000 more students. The platform offers Income Share Agreements and instalment plans across Spain and Germany.

Panic for nothing: Flitsmeister does not stop, but this is new
Flitsmeister denies closure rumors after a marketing stunt. The navigation app introduces a new device, clarifying its ongoing services and future plans.

End for SharePoint and OneDrive: Microsoft forces users into expensive suites
Microsoft cuts standalone SharePoint and OneDrive licenses, forcing users onto pricier M365 suites. Customers must switch by 2029 as options narrow.

Leuven-based AI running analysis platform Runeasi raises €1M for global growth
Leuven's Runeasi secures €1M for AI-powered movement analysis, expanding its reach globally. The platform uses AI motion sensors for personalized sports and rehab insights, now used in 40 countries.

French climate investor SlateVC raises €132 million first close for inaugural growth fund
French climate investor SlateVC launches a €132M fund for B2B climate tech companies. The fund, backed by EIF and Bpifrance, signals continued capital growth in European climate and deeptech ventures.

AI boom helps Infineon through weak markets, purchase of part of ams Osram
Infineon reinvests €500M into AI chip production amid weak markets and a strong dollar. The tech giant pivots to capitalize on AI's booming demand.

Irish sisters’ AI start-up raises €2.6m
Irish sisters' AI startup Linda AI secures €2. 6m to power voice agents for dental practices....

Don't panic! Flitsmeister isn't stopping, but presents Flitsmeister DOT
Flitsmeister launches its new "DOT" device, calming user fears of the app shutting down. This hardware accessory aims to assist drivers with advanced features.

Next target are VPNs? Blocking social media could bring this scenario
Europe's social media blockades hint at upcoming VPN restrictions, potentially limiting online freedom. This evolving digital policy landscape raises concerns for user privacy and access.

Open Letter: Civil society concerned about extensive and indiscriminate data retention regime in Switzerland
Swiss civil society warns against proposed data retention law, fearing privacy invasion. 19 groups urge alignment with top privacy standards, spotlighting concerns over indiscriminate data collection.

#DIDit: EDRi members spark movement for alternatives to Big Tech
EDRi members launch #DIDit movement for digital independence, sparking alternatives to Big Tech. 189 organizations now support monthly meet-ups exploring Big Tech alternatives.

The EU Commission is gutting net neutrality
EU Commission's new Digital Networks Act dismantles net neutrality protections, risking paid fast lanes and political control. This move threatens the open internet by weakening independent regulators and could empower biased traffic prioritization.

UK adequacy decision: a risk for the future and a lesson to be learnt
UK data adequacy decision renewal faces scrutiny, risking future EU-UK digital rights relations. Open Rights Group highlights the implications of continued data transfers.

Madrid’s BCAS raises €30 million debt to cover the A–Z of barrier-free education with flexible financing solution
Madrid EdTech BCAS secures €30 million debt to expand flexible education financing. This funding will support over 6,000 students and double loan volume by 2026.

QT Sense closes €4M round to support real-time cell analysis
Dutch startup QT Sense secures €4M to deploy its quantum-based cell analysis platform. The funding accelerates Quantum Nuova's transition from prototype to a deployable discovery tool for disease research.

Linda AI raises €2.6M to expand AI workflows for dental practices
Healthtech Linda AI secures €2. 6M to boost AI adoption in dental practices....
