News
Daily digest of all European digital development news

“Secondhand fashion is no longer a niche” – Yaga raises €4 million for its online marketplace and to expand globally
Estonian secondhand fashion marketplace Yaga secured €4 million in a pre-Series A round, bringing total funding to €7. 2 million....

Digital Euro: How anonymous payments would be possible
The European Data Protection Board is assessing the digital euro's potential for anonymous, offline transactions. The study explores whether the digital euro can offer a payment experience akin to cash.

With €30 million in funding, Vilnius-based nexos.ai sets its sights on AI adoption and the ‘Shadow AI’ challenge
Vilnius-based AI platform nexos. ai secured a €30 million Series A round to accelerate enterprise AI adoption and tackle "Shadow AI....

Chipmind exits stealth with $2.5M to launch AI agents for faster chip design
Chipmind, a Zurich-based startup, exits stealth with $2. 5 million to launch AI agents that accelerate chip design workflows....

Seventh AI Pact webinar on AI Innovation for SMEs and startups
The EU is hosting a webinar on November 25th, focusing on AI innovation for SMEs and startups, as well as the AI Act. The event will cover AI sandboxes, real-world testing, the AI Act Service Desk, and European Digital Innovation Hubs.

Call for Proposals - Cross-border Media Literacy
Brussels rolls out a €3M Creative Europe call to fund cross-border media literacy projects. The initiative aims to strengthen societal defenses against disinformation, opening October 23, 2025, and closing March 11, 2026.

European AI rising star Nexos.ai raises €30M to unlock enterprise AI adoption
Nexos. ai, founded by Nord Security co-founders, secured a €30 million Series A to simplify enterprise AI adoption....

Mobile and fixed broadband price is Europe in 2023: Insights into the European Broadband Market
Mobile internet prices in the EU dropped by 14. 9% in 2023, while fixed broadband fell by 3%, according to a new report....

From Seed to sovereignty: HV Capital’s expanding mandate across Europe
HV Capital, a European venture capital firm, completed a generational handover to ensure long-term success with over €2. 8 billion under management....

Sales engagement platform lemlist acquires fellow French AI platform Claap to transform sales with AI technology
Lemlist acquired Claap, a French AI platform, to integrate AI-driven sales insights into its platform. Claap, valued between €12 and €25 million, will help sales teams convert conversations into revenue.

Spanish drone developer Fuvex raises €1.7 million to fly high across Europe’s inspection skies
Spanish drone startup Fuvex secured €1. 7 million to expand its long-range aerial systems across Europe for infrastructure inspection....

With €4 million in funding, German InsurTech developer Enzo looks to tackle water damage with their novel sensor
German InsurTech startup Enzo secured a €4 million Seed extension to combat water damage with its AI platform and IoT sensors. This brings its total seed funding to €6....

From guiding the blind to delivering goods: Romania’s .lumen expands into urban robotics with €11 million grant
Romanian startup . lumen secured an €11 million grant to develop autonomous robots for urban delivery using AI technology....

European tech weekly recap: More than 85 tech funding deals worth over €2.2B
Brussels saw over 85 tech funding deals close, injecting more than €2. 2 billion into the European tech ecosystem....

Certificall raises €1M seed to strengthen its position in the European market
Certificall, a trusttech company, secured €1 million in seed funding to strengthen its position in Europe. The funding will support further tech development as the company expands its visual evidence solutions, compliant with EU digital identity regulations.

Backed by Reddit and and Lyft Founders, Danish startup Jabbr.ai raises €4.3 million to bring transparency to combat sports
Danish AI startup Jabbr. ai secured €4....

EU funding for digital innovation projects
The European Commission is launching new subsidy calls under the Digital Europe Programme, offering €204 million for digital innovation projects. These initiatives target AI, data, cloud, and digital skills, with application deadlines in early 2026.

Belgium’s AI Planet announces joint venture with InfoDrive Analytics backed by €2.5 million investment
Belgian AI Planet and InfoDrive Analytics launch a joint venture in the UAE to create an AI and digital transformation hub. The partnership, backed by a €2....

Oura raises over $900M, startups embracing "AI roll-up" strategies, and H1's biggest European gaming deals
Finnish health tech company Oura raised over $900M, achieving an approximate $11B valuation. Over €2....

Sort A Brick launches world’s first AI-powered LEGO sorting system
Sort A Brick, based in Lithuania, has launched the first AI-powered system for sorting used LEGO bricks, revolutionizing toy reuse. The system identifies and sorts over 25,000 unique bricks with 99% precision, with the company aiming to raise €3 million to scale operations.
