News
Daily digest of all European digital development news

30% lower IP costs drive Madrid-based iPNOTE’s €857k funding to scale its AI-powered legal platform
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.

Warsaw-based SalesPatriot raises €4.2 million to modernise defense procurement and expand into Europe
SalesPatriot, a Polish-American startup, secured €4. 2 million to modernize defense procurement with its platform for critical equipment....

With €6 million in the bag, Stockholm’s Grasp looks to enhance productivity tools for financial analysts and consultants
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 billion-dollar AI project in Munich
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 secures up to €50 million through BBVA Spark’s new equity-free growth instrument
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 raises $7M Series A to fuel international expansion
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.

Desktop Commander lands €1.1M pre-seed for AI desktop automation
Latvian startup Desktop Commander secured €1. 1 million in pre-seed funding to expand its AI-powered desktop automation platform....

A fair digital future at risk: EDRi’s contribution to the Digital Fairness Act
EDRi urges the European Commission to tackle manipulative design in the upcoming Digital Fairness Act, to protect users' fundamental rights. The organization calls for strong, binding rules to ban exploitative features and reinforce Europe’s digital rulebook.

Builders brings in €3M to launch a new generation of AI companies
Rotterdam-based Builders secured €3 million to fuel a new generation of enterprise AI companies. The venture studio plans to scale operations, expand across Europe, and increase its annual launch rate to up to ten companies.

Main Capital backs French logistics management platform Shippingbo’s next growth phase
French logistics software provider Shippingbo secures funding from Main Capital Partners to accelerate its growth. The cloud-based platform, serving 1,000 customers, aims for international expansion and will focus on its omnichannel logistics platform.

Formalize raises €30M to advance compliance solutions across Europe
Formalize secured €30 million to expand its compliance software across Europe, helping businesses navigate complex regulations. The funding will fuel expansion into the DACH region and France, with new offices and team growth planned.

Bunq bags US broker-dealer licence in Stateside push
Bunq, the Dutch challenger bank, enters the US market with a broker-dealer license, expanding its services to tech-savvy customers. The move allows Bunq, already serving 20 million users in Europe, to offer US stock trading, including ETFs, to American users.

European tech weekly recap: More than 70 tech funding deals worth over €1.3B
European tech funding saw over €1. 3 billion invested in 70+ deals last week, led by Germany, the UK, and Sweden....

AI literacy: AU calls on organizations to take action
The Dutch Data Protection Authority (AP) urges organizations to act on AI literacy, publishing an updated guide. The guide details legal obligations and offers a practical action plan for organizations deploying AI systems.

Apple threatens: iOS tracking protection in danger due to EU - it's complicated
Apple threatens to disable its "App Tracking Transparency" feature in Europe, potentially impacting user privacy. A complex power struggle underlies this, involving data ownership, competition, and privacy regulations.

EC finds Meta and TikTok breached transparency rules under DSA
Brussels finds Meta and TikTok breached DSA transparency rules by failing to provide researchers with sufficient data access. This preliminary ruling indicates both platforms may face significant fines for non-compliance with the new regulations.

Open Letter: Civil Rights Organizations Insist on the Independence of the Irish Data Protection Commission
Civil society groups are protesting the appointment of Niamh Sweeney, a former Meta employee, as Ireland's Data Protection Commissioner. Over 40 NGOs, including Access Now and EDRi, signed an open letter voicing their concerns about the decision.

Aunoa raises €1.5M to scale its conversational AI agents across Europe
Aunoa, a Spanish AI company, secures €1. 5 million to scale its conversational AI agents across Europe....

The great dilemma of Spanish telecoms: either they become giants or China swallows them up
Orange can simultaneously purchase 50% of Masorange and its share of Altice assets in France without affecting dividends. This marks a shift, as the market now accepts sector consolidation after years of regulatory taboo.

DSA: EU Commission criticizes violations on Instagram, Facebook and TikTok
The EU Commission found TikTok, Instagram, and Facebook are not providing sufficient data access to researchers, with content reporting too difficult on the latter two. The EU is demanding improvements, or the platforms could face penalties under the Digital Services Act.
