News
Daily digest of all European digital development news

Thought Machine raises £45M as losses increase
London-based fintech Thought Machine secured a £45M funding round despite increased losses. The cloud-based banking services provider plans to use the funds to grow and invest in product development, although losses rose to £69....

London-based Lupa raises over €17 million aiming to transform the Petcare Market
Lupa, a London-based petcare technology company, has secured over €17 million to expand its AI-driven veterinary software across Europe. The company plans to launch a Veterinary AI Lab, focusing on creating AI tools for pet care and setting ethical AI standards in the field....

Netherlands-based OpusFlow raises €3.8 million to expand automation platform for renewable energy installers
Netherlands-based OpusFlow secured €3. 8 million in funding to expand its automation platform for renewable energy installers....

Emblematic attracts $2M to automate mid-market accounting with AI agents
Emblematic, an AI startup automating accounting workflows, secured $2 million in pre-seed funding led by Passion Capital. Their AI agents, built on large language models, process documents and categorize entries for mid-market and enterprise finance teams.

Finnish car-logistics pioneer Flovi rolls into Poland
Flovi, a Finnish tech company specializing in car relocations, is expanding into Poland. The company's platform allows car dealerships, rental, and leasing providers to move vehicles quickly and cost-effectively....

Finnish car-logistics pioneer Flovi rolls into Poland
Finnish car-logistics company Flovi expands into Poland with its digital platform, streamlining vehicle relocations for dealerships and rental services. The platform offers instant pricing and delivery times, transforming a traditionally manual process.

Grenoble-based TiHive raises €8 million to expand Terahertz-AI quality control solutions
TiHive, a deeptech startup based in Grenoble, secured €8 million in funding to expand its terahertz and AI-powered inspection technology. The company's systems integrate into production lines, utilizing AI software to detect defects and material issues, with applications across several industries....

London’s fan3 raises €4.2 million to address ticket reselling and scalpers
fan3, a British entertainment technology company, secured €4. 2 million in funding....

Vienna-based Optimuse raises €4 million seed round to scale AI-driven building engineering
Optimuse, a Vienna-based deep tech startup, secured €4 million in seed funding to scale its AI platform. The platform focuses on engineering, renovating, and operating buildings....

Supernova raises $9.2 million Series A to bring AI efficiency to enterprise product teams
Czech startup Supernova raised $9. 2 million in a Series A funding round....

Supernova raises $9.2 million Series A to bring AI efficiency to enterprise product teams
Czech startup Supernova secured a $9. 2 million Series A to launch Portal, its AI-powered product development tool for enterprise teams....

French AdTech startup Vibe.co raises €42 million to bring AI-powered, hyper-targeted advertising to TV
French ad platform Vibe. co secured €42 million in Series B funding....

Jaguar Land Rover in deep crisis after cyberattack of millions
A cyberattack caused a significant disruption to Jaguar Land Rover's operations, halting production at its factories for nearly a month. The attack's impact was so severe that the British government had to intervene....

With new €114 million fund, British VC firm Notion Capital expands focus on AI-driven software and FinTech
Notion Capital, a UK-based venture capital firm, has closed a new €114 million growth fund. The fund will focus on investments in AI-driven software and fintech companies....

Notion Capital closes $130M Growth Opportunities III fund to back category-defining European scaleups
Notion Capital, a venture capital firm, has finalized its $130 million Growth Opportunities III fund. This fund is designed to support high-performing, rapidly-growing European technology companies....

Paris-based Qovery lands €11.3 million to simplify multi-cloud application deployment and expand to the US
Qovery, a French SaaS platform, secured €11. 3 million in Series A funding....

New VC fund May Ventures launches with over €30 million in capital and an AI-focused mission
May Ventures, a new venture capital fund based in Münster, has launched with over €30 million in capital. The fund's mission is to invest in early-stage AI-focused startups from the DACH region (Germany, Austria, and Switzerland)....

Greg Kroah-Hartman explains the Cyber Resilience Act for open source developers
The Cyber Resilience Act (CRA), currently under discussion in the EU, is designed to address cybersecurity issues. It aims to ensure that digital products, including software, are secure by design and developed with security in mind....

Augmented Industries raises €4.5M pre-seed for faster, AI-guided workflows
Augmented Industries, a Munich-based industrial AI company, secured €4. 5 million in pre-seed funding....

Augmented Industries raises €4.5M pre-seed for faster, AI-guided workflows
Munich-based Augmented Industries secured €4. 5 million in pre-seed funding to enhance industrial workflows with AI....
