News

Big Tech's lobbying in Brussels reached a record €151 million, surpassing all other industries. This surge in spending highlights the industry's opposition to EU digital regulations.

AnyTax, a Berlin-based startup, secured €1 million in pre-Seed funding to modernize tax infrastructure for financial platforms. The funding round aims to simplify tax integrations, as the company seeks to capitalize on the lag in tax service digitalization compared to other financial sectors.

German cloud users increasingly prioritize European data sovereignty, even if it means higher costs. The willingness to pay more reflects growing concern over data protection.

Prague's Václav Havel Airport shut down facial recognition cameras due to pressure from the AI Act and criticism. The Czech Office for Personal Data Protection confirmed the illegality of the practice after years of debate.

Austrian Data Protection Authority faces budget cuts, leading to hampered data protection capabilities. NGOs are complaining to the European Commission about Austria's failure to provide sufficient funding, impacting millions.

German police could soon gain expanded surveillance powers, including AI-powered video monitoring and biometric searches. The proposed changes to Saxony's police law are facing opposition, with the government needing support to pass them.

Nvidia invested $1 billion in Nokia, aiming to accelerate AI-native 5G and 6G development. The partnership marks the beginning of the AI-native wireless era, according to the companies involved.

Eindhoven-based esports platform CityLegends secured €1. 7 million to expand its street sports platform and enhance its technology....

French AI software developer Primaa secured €7 million to advance its automated cancer diagnostics tools. The funding will fuel European deployment, feature development, and US expansion, including FDA certification.

Zurich-based startup Qala secured €1. 7 million in pre-Seed funding to develop its data observability and compliance platform....

Nvidia will invest $1 billion in Nokia to integrate AI into networks and drive the shift from 5G to 6G. This collaboration aims to modernize network infrastructure with advanced technologies.

Nokia teams up with Nvidia and gets a $1 billion investment to accelerate its AI pivot. The Finnish telecommunications giant is now positioned to develop advanced AI solutions for its network infrastructure.

Nvidia invests $1 billion in Nokia to boost AI and cloud integration within telecoms networks and data centers. This strategic partnership involves Nvidia acquiring a 2....

Madrid-based LegalTech iPNOTE secured €857k in seed funding to expand its AI-powered platform across Europe and the UK. The platform aims to streamline intellectual property management with an AI agent.

SalesPatriot, a Polish-American startup, secured €4. 2 million to modernize defense procurement with its platform for critical equipment....

Stockholm-based AI startup Grasp secured €6 million in Series A funding to automate investment banking and consulting work using multi-agent systems. The funding, led by Octopus Ventures, brings their total to €7....

Nvidia and Deutsche Telekom plan a billion-euro AI data center in Munich to boost European AI infrastructure. The project aims to prevent Europe from falling behind in the global AI race.

Valencia's Sesame, an AI-powered HRTech startup, secured up to €50 million in growth funding through a unique financial instrument. This allows the SaaS company to scale internationally without giving up equity, marking a shift in European tech funding.

Grasp, an AI startup automating investment banking workflows, secures $7 million in Series A funding. The Stockholm-based company, which serves nearly 200 customers, will use the funding to expand its product and sales teams.

Latvian startup Desktop Commander secured €1. 1 million in pre-seed funding to expand its AI-powered desktop automation platform....