85% of NATO’s defence-tech funding goes to the US. AVP and Earlybird raised €500M to change that.
85% of NATO’s defence-tech funding goes to the US. AVP and Earlybird raised €500M to change that.

Europe is pledging hundreds of billions to defence. Almost none of the venture money funding the technology behind it is European. Since 2019, the US has captured around 85 per cent of all NATO defence-tech venture funding, according to the founders of…

NeuralTrust raised $20M to police the AI agents companies can’t even count
NeuralTrust raised $20M to police the AI agents companies can’t even count

NeuralTrust, a Barcelona startup, has raised $20mn to secure the AI agents that big companies are now deploying faster than they can keep track of. The seed round, worth €17.2mn, was led by Munich’s Alstin Capital, with VentureFriends, Seaya, Kibo Vent…

EU tells Big Tech to align AI data centres with climate goals or stay away
EU tells Big Tech to align AI data centres with climate goals or stay away

The European Union’s energy chief has told the AI industry it is welcome in Europe, but only on the bloc’s terms. In an interview with Politico, Energy Commissioner Dan Jørgensen said companies must demonstrate commitment to the EU’s energy, climate, a…

Swiss startup Prem AI is raising $100M so hedge funds and law firms can own their AI instead of renting it
Swiss startup Prem AI is raising $100M so hedge funds and law firms can own their AI instead of renting it

Prem AI, a Swiss startup that helps hedge funds and law firms run AI models on their own infrastructure, is raising $100 million in a Series A at a valuation of at least $500 million. The company expects to close the round in the third quarter. CEO and…

EU cybersecurity agency to meet Anthropic under a US export cloud
EU cybersecurity agency to meet Anthropic under a US export cloud

The European Union’s cybersecurity agency was due to meet Anthropic on Thursday, the European Commission confirmed, a meeting arranged before Washington made it considerably more awkward. ENISA, the EU’s cybersecurity body, had been invited to talks wi…

France breaks EDF’s grip on hydropower with law to auction 6 GW a year
France breaks EDF’s grip on hydropower with law to auction 6 GW a year

France’s Parliament adopted a bill on Tuesday that dismantles the monopoly Électricité de France has held over the country’s hydropower market for decades, according to Bloomberg. The law converts EDF’s hydropower concessions into permits and requires …

Meloni says banning kids from social media is not a solution on its own
Meloni says banning kids from social media is not a solution on its own

Italian Prime Minister Giorgia Meloni said on Wednesday that her government would not take the initiative to introduce a social media ban for teens, breaking from the approach taken by Britain and France. “I am not against a social media ban for under-…

A million Dutch adults get news solely from social media. Only 12% trust what they see.
A million Dutch adults get news solely from social media. Only 12% trust what they see.

More than one million people in the Netherlands now rely exclusively on social media for news, according to the 2026 Digital News Report published on Tuesday. They use no news websites, no television, no radio, and only 12% say they trust what they enc…

Poland bought a stake in ElevenLabs to grow its next AI champion
Poland bought a stake in ElevenLabs to grow its next AI champion

Poland produced one of the world’s most valuable AI companies almost by accident. Now it is spending public money to make sure the next one stays closer to home. Vinci, the venture arm of Poland’s state development bank BGK, has taken an $11mn stake in…

SAP just funded a startup built to help its own customers escape SAP
SAP just funded a startup built to help its own customers escape SAP

There is an unglamorous deadline bearing down on corporate IT, and it has just produced one of London’s more interesting AI raises. Conduct, a 35-person startup founded by three former Palantir engineers, has raised a $60mn Series A co-led by Index Ven…