News
Daily digest of all European digital development news

Best generative AI tool: vote in the Xataka NordVPN Awards 2025
Xataka's NordVPN Awards 2025 will feature a new category recognizing the best generative AI tools, highlighting the technology's growing impact. Readers can vote for their favorite AI tools, with winners announced at a gala in Madrid on November 20th.

European startups get serious about deepfakes as AI fraud losses surpass €1.3 billion
European startups are scrambling to combat the surge in deepfake fraud, as losses exceed €1. 3 billion....

Y Combinator–backed Saturn raises $15M to make financial advice affordable for all
Fintech startup Saturn secured $15 million in Series A funding to make financial advice accessible to a wider audience. The AI-powered platform automates administrative tasks, reducing costs and freeing up advisors, with a focus on compliance within the UK financial sector.

Scaleup Finance raises £3M to launch Nume, an AI CFO for startups and SMEs
Copenhagen-based Scaleup Finance secured £3 million to launch Nume, an AI CFO aimed at the 50 million SMEs struggling with financial leadership. Nume will answer financial questions and proactively guide founders using familiar communication channels.

Portugal: there are updates in the new Cybersecurity law (NIS2)
Portugal's government moves to implement the NIS2 Directive, aiming to bolster cybersecurity across the EU. The law, published on October 22, 2025, aligns with the EU's goal of a high common level of cybersecurity.

With the UK in its sights, Austrian recommerce marketplace refurbed raises €50 million
Austrian recommerce marketplace refurbed secured €50 million to expand its AI-driven platform for refurbished electronics into the UK. The funding will fuel a 40% year-on-year sales growth and push for mainstream adoption of its sustainable model.

Refurbed closes £44 million round as it targets UK expansion
Refurbed, a marketplace for refurbished electronics, secured £44 million in funding to expand into the UK market. The company aims to address the rising demand for sustainable tech in the UK and tap into the £7 billion re-commerce sector.

Predicting scams and halting fraud – Spanish cybersecurity platform Acoru raises €10 million
Spanish cybersecurity startup Acoru secured €10 million in Series A funding to use AI to predict and prevent financial scams. This investment reflects a wider trend with other European firms like Hawk, Trustfull, Innerworks, and Resistant AI securing funding to combat AI-driven fraud.

€10 million boost for Germany’s roclub to scale AI-powered remote operations in medical technology
Berlin-based roclub secured €10 million in Series A funding to scale its AI-powered remote operations platform for medical technology. The funding will accelerate roclub's global rollout, expand support for more MedTech equipment, and strengthen its international commercial teams across 11 countries.

Volta raises €5M led by RTP Global to revolutionize B2B commerce with AI
French-Italian startup Volta secured €5 million in funding, led by RTP Global, to revolutionize B2B commerce using AI. Volta's platform integrates with existing systems and automates up to 90% of manual tasks, aiming to bring B2C simplicity to B2B.

Bronto raises $14m seed round to modernise log management for the AI era
Irish startup Bronto secured a $14 million seed round to modernize log management for the AI era. The logging platform was founded by entrepreneurs Noel Ruane and Trevor Parsons.

Acoru secures €10M to disrupt money mule activity and predict financial scams
Madrid-based Acoru secured €10M to combat AI-enabled fraud and money laundering with its Account Monitoring Platform. The platform predicts Authorised Push Payment fraud and prevents scams, addressing the nearly $500 billion annual global losses.

roclub lands $11.7M to scale solutions for medtech staffing shortages
roclub secures $11. 7M to expand its teleoperation platform for medical technology, using AI to address staffing shortages....

London’s Saturn raises €12.9 million Series A to cut cost of financial advice by up to 90%
London-based Saturn secured €12. 9 million in Series A funding to cut the cost of financial advice using AI....

WhatsApp: this new tool protects you from a formidable scam to steal accounts or bank information
WhatsApp rolls out a new tool to shield users from screen-sharing scams designed to steal accounts and financial information. Simultaneously, the platform is testing an AI-powered feature to identify suspicious messages on Messenger.

Germany’s in.hub closes seven-figure round to deepen industrial digitalisation offering across Europe
German IIoT provider in. hub secured a seven-figure add-on financing round to deepen its industrial digitalization offerings across Europe....

Irish startup Bronto secures €12 million to reinvent log data management for the AI era
Dublin-based Bronto secured €12 million in seed funding to revamp log data management for the AI era. The platform aims to become the leading logging solution for various use cases, recognizing the increasing importance of log data in the age of AI.

Executive Vice-President Virkkunen updates Council and Parliament on simplification, implementation and enforcement of the digital rulebook
Brussels announced its first Annual Progress Report, detailing efforts to simplify and enforce digital regulations. The report, covering January to July 2025, highlights the upcoming Digital Simplification Package and implementation efforts for the Digital Services Act and AI Act.

etalytics extends Series A to €16M with new investment from Microsoft’s M12
German deeptech firm etalytics secures a €16 million Series A extension led by Microsoft's M12, boosting its industrial energy optimization platform. The AI-powered etaONE platform, used by Volkswagen and others, aims to reduce energy use by up to 50% for its customers.

nexos.ai secures €30M to tackle the enterprise AI adoption challenge
Vilnius-based nexos. ai secured €30 million to help enterprises securely adopt AI at scale, responding to “shadow AI” risks....
