News
Daily digest of all European digital development news

Following last month’s triple valuation, Quantum Systems deepens its autonomous focus through FERNRIDE deal
German AI-powered unmanned systems developer Quantum Systems acquired FERNRIDE to expand into autonomous ground mobility. This move merges two innovators in the field, following Quantum Systems' €180 million and FERNRIDE's €18 million funding rounds.

Monzo wins European banking licence, as investors agitate for CEO return
Monzo secures a European banking license, paving the way for expansion across the EU, starting in Ireland. The UK digital bank, with over 13 million customers, can now offer its banking products, including loans and mortgages, to millions more customers.

Ukraine battlefield use underpins €5.8 million raise for ZeroPhase’s communications software
Munich-based ZeroPhase secured €5. 8 million in seed funding to advance its software-defined data links for unmanned defense platforms....

The fintech Monzo becomes a neobank in Europe: future competitor of Revolut in France?
Monzo, the UK-based neobank, launches in Ireland, marking its initial entry into the European Union. This move signals a strategic expansion to compete with rivals like Revolut across the continent.

Palantir veterans’ startup Ankar raises €17 million to expand AI-driven IP software into the US
London-based AI platform Ankar secured €17 million to expand its AI-driven IP software into the US market. The funding follows a trend of increasing investment in AI-enabled legal and IP software, with a total of approximately €24....

Ankar lands $20M Series A to reinvent how Innovation becomes defensible IP
Ankar, an AI-powered IP platform, secured a $20 million Series A round to revolutionize how innovation becomes defensible IP. The platform unifies the entire patent lifecycle, addressing fragmented tools and slow enterprise adoption.

Belgian Itsme replaces iDIN: online identification via an app (and this changes for you)
Itsme, a Belgian digital identity app, replaces iDIN for online identification services in the Netherlands. Starting in 2026, Itsme will become the standard for digital verification, replacing the previous system.

New Cybersecurity Law: is your company covered?
Portugal's new Cybersecurity Law, transposing the NIS 2 Directive, is now in effect, impacting various entities. This decree, defined by Decree-Law No....

First Draft Code of Practice on Transparency of AI-Generated Content
Brussels released a first draft Code of Practice on transparency for AI-generated content. The code addresses key considerations for AI system providers and deployers, aiming for content labeling.

Used by Deliveroo and Zalando, the UK’s Ben secures €23.6 million to scale employee benefits platform
London-based AI-powered employee benefits platform Ben secured €23. 6 million to expand its product offerings....

UK neobank Monzo secures full Irish and European banking licence
Monzo, the UK neobank, secures a full European banking license, with Dublin as its official EU headquarters. The license, authorized by the Central Bank of Ireland, allows for expanded operations across the continent.

Commission publishes first draft of Code of Practice on marking and labelling of AI-generated content
Brussels unveiled a first draft of its Code of Practice on marking and labeling AI-generated content, pushing forward its AI Act implementation. The voluntary code, designed for providers and deployers, will finalize by June 2026, with transparency rules becoming applicable on August 2, 2026.

Quantum Systems expands defence autonomy stack with FERNRIDE acquisition
Quantum Systems acquired FERNRIDE, expanding into autonomous ground mobility for defense and logistics. This move integrates FERNRIDE's platform into Quantum Systems' unmanned systems ecosystem.

HAN receives a fine of 175,000 euros for insufficient security of personal data
The Dutch Data Protection Authority fined HAN University €175,000 for failing to adequately secure personal data. The investigation revealed insufficient measures were taken to protect student and employee information.

geoSurge emerges from stealth to help brands improve visibility in AI search
London-based AI startup geoSurge launches to help brands improve visibility in large language models. The company's platform helps organizations assess their brand representation and maintain visibility, as LLMs shift with every update.

Luxembourg’s Fundvis raises €2.12 million to scale its AI-powered fund oversight platform
Luxembourg's Fundvis secured €2. 12 million to expand its AI-powered fund oversight platform across Europe....

Wodan AI closes a €2M round to advance sovereign AI development in Europe
Wodan AI secured €2 million to advance sovereign AI development using homomorphic encryption in Europe. The funding will support R&D, expand the platform for encrypted computer vision and LLMs, and relocate its headquarters to Madrid.

NobodyWho raises €2M to challenge Big Tech’s cloud AI with SLMs for local devices
Danish startup NobodyWho secured €2 million in pre-seed funding to challenge Big Tech's cloud AI dominance with Small Language Models. Their device-first approach allows AI to run locally, offering data security and potentially cutting AI's carbon footprint by up to 100 times.

TikTok unlawfully tracks your shopping habits – and your use of dating apps
TikTok faces scrutiny for unlawfully tracking user activity, including shopping and dating app usage, potentially violating privacy laws. The platform's off-app tracking capabilities raise concerns about data collection practices.

Consumer views on Digital Omnibus proposals - keep protections under GDPR and uphold the AI Act
BEUC urges the EU to uphold consumer protections within the Digital Omnibus proposals, specifically regarding GDPR and the AI Act. The consumer organization expresses concerns that recent proposals may weaken these safeguards.
