1. EU to Launch “Scaleup Europe Fund” (>€10 bn)The European Commission unveiled its “Choose Europe to start and scale” initiative, including the creation of a Scaleup Europe Fund with over €10 billion in public-private investment. The aim is to help promising tech startups grow and prepare for public listings—addressing common barriers like fragmented regulations, limited financing, and talent shortages across EU…
1. Linear Becomes a Unicorn With an $82 Million Series C Spot: Developer-first project-management platform Linear hits a $1.25 billion valuation after a round led by Accel. Linear, which simplifies issue tracking and product road-mapping for software teams, has closed an $82 million Series C that also drew backing from 01A, Sequoia, Seven Seven Six…
Mistral AI Launches Enterprise Chatbot to Rival Microsoft’s Copilot Düsseldorf – French AI start-up Mistral AI has unveiled Le Chat Enterprise, a new enterprise-focused chatbot designed to help companies retrieve internal information across platforms. The service closely resembles Microsoft’s Copilot but promises greater adaptability and cost-effectiveness. Arthur Mensch, co-founder and CEO of Mistral AI, stated…
Global Highlights in Digital Entrepreneurship 1. Iman Gadzhi Joins Forces with Whop to Empower Digital Entrepreneurs In a major move within the global digital commerce space, entrepreneur and digital educator Iman Gadzhi has become a strategic partner of Whop—a fast-growing marketplace for digital products. With over $1 billion in annual payment processing and an average…
EU’s Digital Fairness Act (DFA) Public ConsultationThe European Commission announced a 12-week public consultation for the proposed Digital Fairness Act (DFA), set to commence in spring 2025. This legislation aims to address issues such as dark patterns, personalization, contracts, and influencer marketing, with the goal of ensuring a fair digital environment for consumers and businesses…
1) Eurobarometer Survey: Europeans Have a Positive View of Artificial Intelligence A new Eurobarometer survey, published on February 13, 2025, reveals that most Europeans view artificial intelligence and digital technologies positively. The survey indicates that more than 60 percent believe AI and robots contribute to the workplace, while over 70 percent think these technologies enhance…
1) Many Companies Lack Clear Goals and Metrics for AI IntegrationA recent Boston Consulting Group (BCG) study highlights a significant gap in companies’ ability to leverage AI effectively. Despite widespread interest in using AI models to boost revenue, many organizations lack clear objectives and tools to measure AI’s impact. For example, Fielmann, a German optics…
South Asia Takes Center Stage in Empowering Women Digital Entrepreneurs UNCTAD Hosts Masterclass to Transform Female-Led Businesses From December 2–5, 2024, New Delhi will host a groundbreaking event designed to revolutionize women-led digital businesses in South Asia. UNCTAD’s eTrade for Women Masterclass will bring together 25 visionary female entrepreneurs from Bangladesh, Bhutan, India, Nepal, Pakistan,…
Welcome to this month’s round-up of exciting developments in the world of digital entrepreneurship across Europe! November has brought several noteworthy advancements that continue to shape the digital economy and open up opportunities for budding entrepreneurs across the continent. 1. EU Commission Boosts Funding for Digital Startups in 2024 💼💡 The European Commission recently announced…