News
Daily digest of all European digital development news

Astut, an Oxford University spin-out, lands €1.8 million round for transparent reasoning-based AI
Oxford University spin-out Astut secured €1. 8 million in seed funding to commercialize its AI technology for high-stakes decision-making....

EA is cooperating with Stability AI: AI is to create game content in 2D & 3D
Electronic Arts partners with Stability AI to aggressively integrate AI into game development for 2D and 3D content creation. The collaboration aims to leverage AI capabilities within the gaming industry.

While OpenAI takes all the media glory with ChatGPT, Alibaba is already taking important clients away from it with Qwen. The latest: Airbnb
Airbnb shifts its customer service AI focus from OpenAI's ChatGPT to Alibaba's Qwen model, signaling a win for the Chinese tech giant. The decision, cited by Airbnb's CEO, highlights Qwen's speed and cost-effectiveness over ChatGPT.

Google nukes 3,000 YouTube videos that sowed malware disguised as cracked software
Google removed 3,000 YouTube videos that spread malware disguised as pirated software. This action followed a spike in malicious activity targeting users seeking illegal downloads.

Paris-based Kotcha raises €3.5 million to make elite running coaching accessible to everyone
Paris-based Kotcha secured €3. 5 million to bring elite running coaching to everyone using AI....

Kotcha powers up with €3.5M to scale AI coaching for runners
Kotcha, an AI-powered running coaching app, secures €3. 5 million to expand access to personalized training for runners....

Mondra raises £10M to accelerate European expansion
Mondra, an AI-powered platform for supply chain resilience, secures £10 million in Series A funding. The London-based company plans to expand into key European markets like Germany, France, and the Netherlands.

Lakestar calls time on generalist venture funds
Lakestar, a major European VC firm, shifts its strategy, halting new generalist fundraisings to focus on existing portfolio companies. The firm, which backed Revolut and Spotify, aims to maximize returns, with over €2B raised in the past 12 years.

Every Health raises €1.1M to build Europe’s first LGBTQ+ virtual clinic
Every Health, Europe's pioneering virtual clinic for LGBTQ+ healthcare, secures €1. 1 million in seed funding....

Oslo-based Riff raises €14 million to scale its enterprise-ready vibe coding platform
Riff, the Oslo-based vibe coding platform, secured €14 million in Series A funding to scale its enterprise-ready applications. The platform, used by over 150,000 users, helps non-technical professionals build AI applications without code, including integrations with core SaaS tools.

1st Apply AI webinar - Fireside Chat on the Apply AI Strategy
Brussels launches a new webinar series to boost its Apply AI Strategy, aiming to accelerate AI adoption in key sectors. The strategy seeks to connect infrastructure with the needs of industrial and public sectors.

Paygentic nets $2M pre-seed to power payments for AI-native firms
Paygentic, a billing and payments platform for AI-native products, secured a $2 million pre-seed round to help AI companies handle variable compute costs. The platform provides tooling for hybrid pricing models, unifying billing and payments in a single stack.

Refurbed raises €50m to boost circular tech marketplace with AI
Refurbed, a circular tech marketplace, secures €50 million in funding to expand its AI-powered platform. The Vienna-based startup saw a 40% year-on-year sales increase.

EU-Startups Podcast | Episode 141: Vidya Peters, CEO of DataSnipper
DataSnipper, a Dutch unicorn, is automating audit and finance processes with its AI platform, securing a $100 million Series B. The platform, used by over 600,000 professionals, focuses on traceable AI for speed and regulatory compliance.

Digital Markets Act: a new complaint demands (again) more flexibility from Apple
Apple faces a fresh complaint from two organizations demanding more flexibility on iOS under the Digital Markets Act. This follows earlier criticisms regarding the tech giant's compliance with the new regulations.

Riff secures $16M Series A led by Northzone for business-ready vibe coding
Oslo-based Riff, a platform for building AI applications, secured $16 million in Series A funding led by Northzone. The investment will fuel the company's expansion, enabling more professionals to create and deploy impactful AI solutions.

Rightcharge raises £1.6M to power EV charging payments for Europe’s fleets
Rightcharge secures £1. 6M to simplify EV charging payments for fleets and accelerate its expansion across Europe....

Estonian AI energy startup MarkeDroid raises €300K to expand distributed energy platform
Estonian AI energy startup MarkeDroid secured €300K in bridge funding to expand its distributed energy platform throughout Europe. The AI-powered platform coordinates solar panels, batteries, and EV chargers, reducing costs and improving grid stability.

WSense raises €10M to scale subsea Wi-Fi and expand underwater IoT tech
WSense secured €10M to scale its subsea Wi-Fi and expand its Internet of Underwater Things platform internationally. This funding, bringing total investment to over €25 million, will accelerate development for ocean data transmission and environmental monitoring.

The A-5 works have turned walking through the south of Madrid into hell. The solution: AI traffic lights
Madrid's A-5 construction woes will deploy AI-powered traffic lights to improve pedestrian crossings. The city aims to ease the difficulties of crossing the highway for residents affected by the project.
