Europe

European AI needs strategic leadership, not overregulation

Proposed EU regulations could cripple AI development in the EU while China and the U.S. leap forward and lead to complete chaos when regulations in various EU bodies start contradicting.

Facebook loses last-ditch attempt to derail DPC decision on its EU-US data flows

Facebook has failed in its bid to prevent its lead EU data protection regulator from pushing ahead with a decision on whether to order suspension of its EU-U.S. data flows. The Irish High Court has ju

Sylvera grabs seed backing from Index to help close the accountability gap around carbon offsetting

U.K.-based startup Sylvera is using satellite, radar and lidar data-fuelled machine learning to bolster transparency around carbon offsetting projects in a bid to boost accountability and credibility

Worksome pulls $13M into its high skill freelancer talent platform

More money for the now very buzzy business of reshaping how people work: Worksome is announcing it recently closed a $13 million Series A funding round for its “freelance talent platform”

Google hit with $123M antitrust fine in Italy over Android Auto

Google has been fined just over €100 million (~$123M) by Italy’s antitrust watchdog for abuse of a dominant market position. The case relates to Android Auto, a modified version of Google&#821

TikTok removes 500k+ accounts in Italy after DPA order to block underage users

Video sharing social network TikTok has removed more than 500,000 accounts in Italy following an intervention by the country’s data protection watchdog earlier this year ordering it to recheck t

Direct-to-consumer orthodontic startup Impress raises $50M to scale across Europe

As the famous phrase goes, “software is eating the world” — and now software is eating dentistry. Or, perhaps more accurately, the arena of orthodontics — the specialty of dentistr

UK publishes draft Online Safety Bill

The U.K. government has published its long-trailed (child) “safety-focused” plan to regulate online content and speech. The Online Safety Bill has been in the works for years — durin

Unmind raises $47M for a platform to provide mental health support in your workplace

Mental health has been put into the spotlight in a big way in recent times. For many of us, our lives and lifestyles have changed massively in the last year, and alongside that, we’re collective

Dutch startup QphoX raises €2M to connect quantum computers with a quantum modem

When eventually they become a working reality, quantum computers won’t be of much value if they simply sit there on their own. Just like the internet, the value is in the network. But right now ther

Holidu books $45M after growing its vacation rentals business ~50% YoY during COVID-19

Vacation rental startup Holidu has tucked $45 million in Series D funding into its suitcase — bringing its total raised since being founded back in 2014 to more than $120 million. The latest fun

UK fashion portal Lyst raises $85M in a ‘pre-IPO’ round at a $700M valuation

E-commerce continues to be a huge focus for investors watching consumer behavior and spending patterns in the wake of the Covid-19 pandemic. In the latest development, UK startup Lyst, a portal for hi

Swarmia raises $8M Seed to help software development teams deal with data

Swarmia, a B2B SaaS company for software development teams dealing with data, has raised a €5.7 M Seed round and a previously unannounced 1M€ pre-seed round, taking its raise to €6.7M ($8M). The

Quix raises $3.2M from Project A and others for its ‘Stream centric’ approach to data

Quix, a platform for Python developers working on streaming data, has secured a £2.3 Million ($3.2M)Seed funding round led by Project A Ventures in Germany, with participation from London’s Passion

Vinted raises $303M for its 2nd-hand clothes marketplace, used by 45M and now valued at $4.5B

The circular economy — where consumers themselves are both the suppliers and buyers of goods and services — has come into its own in the last year of lockdown living as a popular and trust

Huma, which uses AI and biomarkers to monitor patients and for medical research, raises $130M

While much of the world eagerly watches to see if the vaccination rollout helps curb and eventually stamp out Covid-19, one of the companies that has been helping to manage the spread of the virus is

Elderly caretech platform Birdie gets $11.5M Series A led by Index

SaaS-maker Birdie has closed an $11.5 million Series A round of funding led by Index Ventures. Existing investor Kamet Ventures also participated. The UK-based caretech startup has raised a total of $

Cybersecurity startup Panaseer raises $26.5M Series B led by AllegisCyber Capital

Panaseer, which takes a data science approach to cybersecurity, has raised $26.5 million in a Series B funding led by AllegisCyber Capital. Existing investors, including Evolution Equity Partners, Not

SightCall raises $42M for its AR-based visual assistance platform

Long before COVID-19 precipitated “digital transformation” across the world of work, customer services and support was built to run online and virtually. Yet it too is undergoing an evolut

Facebook ordered not to apply controversial WhatsApp T&Cs in Germany

The Hamburg data protection agency has banned Facebook from processing the additional WhatsApp user data that the tech giant is granting itself access to under a mandatory update to WhatsApp’s t
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