AI labs cannot keep regulating themselves, Nick Clegg said. A growing backlash against AI shows up in cancelled data center projects, he said. The idea that labs can voluntarily do their own thing is “not going to work,” he said. Clegg is Meta’s former president of global affairs and now a general partner at Hiro […]

“AI isn’t going to take your job. Somebody who embraces it and learns faster than you might. AI is not going to take away your customers. A company that uses it more smartly than you do might,” Booking.com chief business officer James Waters said. Booking.com built AI orchestrations and other tools it now wishes it […]

O-ID, a Tokyo-based company founded by two Europeans building one of the world’s first fully modular humanoid robots for industrial manufacturing and logistics, has raised $1.2 million in pre-seed funding.

Chicago-based TAWANI Ventures led the round, with participation from Hustle Fund, Techstars, and angel investors — including the founders of Humanoid Guide, who were early investors in robotics company 1X.

Building robots in Japan for the world

O-iD was founded in Tokyo in 2025 by Norwegian CEO Stian Jakobsen and Dutch CTO Simon Gormuzov, who met at Waseda University. Jakobsen previously worked in cyber defence, while Gormuzov, a mechanical robotics engineer, spent years in industrial robotics before the pair decided to build O-ID together.

I spoke with Stian Jakobsen, Co-Founder and CEO of O-ID, to learn more about the technology, the company's decision to build in Japan, and its aims for modular humanoid robotics.

According to Jakobsen, the duo came to Japan for different reasons but stayed because they saw an opportunity to build something that matters.

“Simon came for robotics; I came to study cybersecurity. We became friends, and we kept talking about how much more these machines could do.

We both love this country, and living here makes the workforce challenges very real. At the same time, Japan has incredible engineers and manufacturers, some of whom could both make components for our robots and use them in their factories.

We want to bring those things together and build robots here for the world.”

Japan’s $65B physical AI push meets an 11 million-worker shortfall

As its population ages, Japan’s workforce is projected to shrink, leading to a shortage of more than 11 million workers by 2040, with factory workers retiring and going unreplaced.

At the same time, robotics is a national priority. Japan announced in June 2026 that it is targeting ¥10.5 trillion ($65.1 billion) in public and private investment in "physical AI" — AI that controls robots and machinery — aiming to deploy 10 million AI-equipped robots by 2040.

Existing industrial robots are rigid, and retooling a factory around them requires significant capital investment and time. General-purpose humanoids are more flexible, but a single failed component can put the whole robot out of commission for months.

For large automotive plants, for instance, the stakes are high: an hour of downtime now costs $2.3 million.

O-ID brings modular humanoids to Japan’s factory floors

O-ID's robots are designed with a cybersecurity-first approach to fit into existing factory layouts without requiring facilities to be rebuilt around them. The company is betting that a modular architecture will also make humanoids easier and cheaper to maintain at scale.

Onboard AI sensors continuously monitor component wear and flag parts approaching failure, allowing O-ID to ship a replacement before downtime.

On whether Japan has fallen behind in humanoid robotics, Jakobsen believes the country has some catching up to do in commercialising the technology, but argues its manufacturing base could give it an advantage.

“We’re talking to manufacturers that have spent decades producing precision components for the automotive industry. The factories, equipment, and expertise already exist.

We don’t need to build all of that from scratch. “Our opportunity is to bring that manufacturing strength into robotics and move quickly. We’re not building this just to make a few impressive machines.

We want to build one of the world’s leading robotics companies, and we believe Japan is the place to do it.”

Jakobsen said the company's broader motivation is tied directly to Japan's labour shortage:

“When enough factory roles go unfilled at once, entire supply chains are at risk.

O-ID's robots are built to work alongside the people still on the floor, closing those gaps before they become a crisis for a single factory and for the industries Japan depends on.”

Why a humanoid rather than conventional automation?

For O-ID, the case for humanoid robots is less about replicating the human form and more about fitting into factories and processes originally designed around people.

Across the hundreds of thousands of manufacturing sites in Japan, Jakobsen noted, much of the work has been designed around the human body: “the height of a table, where the tools are, how someone reaches into a machine.”

He explained:

“Conventional automation can work extremely well, but fitting it into an existing process can mean redesigning workstations, moving equipment, and changing how the line runs. That takes time and money.

We want robots that can work in those existing spaces, use the equipment already there, and work alongside people.

The point isn’t to make something look human. It’s to supplement a workforce that’s increasingly difficult to fill, without asking a factory to rebuild around the robot.”

From prototype to the factory floor

O-ID’s first prototype is a fully assembled, stationary, dual-arm robot that the company is using for integration testing and to develop the manipulation capabilities needed for its first customer applications. Its next version is already in development and will add mobility and greater strength.

O-ID plans to unveil it at CES 2027, while its first factory pilots are targeted for early 2027. According to Jakobsen, the work now is focused on getting those customer tasks running consistently, validating safety and reliability, and making sure the robot can be manufactured and serviced at scale.

The company is starting with repetitive factory tasks that remain difficult to automate, particularly jobs involving loading, unloading, and moving components between different stages of production.

Jakobsen explained:

“Imagine components arriving at a factory in packaging. Someone has to open that packaging, take the parts out, and put them onto a conveyor.

Or a machine finishes a part, and someone has to remove it and load the next one.

Those are the kinds of jobs we’re starting with."

They’re repetitive, but the factory depends on them getting done.

“Our ambition goes far beyond those first tasks. But the way to get there is to solve a real problem, get robots working with customers, and build from there."

Designing a robot around modularity

Full modularity is central to O-ID's approach. Jakobsen compares it to something as routine as replacing a car tyre.

“Imagine you’re driving and your tyre pops. What do you do? You replace the tyre and keep going. Now imagine having to send the entire car back to the factory.

That would be crazy, right?”

Yet in robotics, he says, a failed component can still mean taking the whole machine away for specialist repairs.

“That’s the problem we’re solving. We’re designing O-ID so staff can swap the affected module on-site, whether it’s a shoulder, an elbow, or a compute unit.”

Achieving that means designing the mechanical connections, power, data, and software around modularity from the beginning. Powered hot-swapping also requires the system to manage disconnection and reconnection safely.

However, O-ID doesn't see this as a trade-off between durability and modularity. Jakobsen explained:

“Robots need service. It might be a finger joint that wears out, or an actuator in the shoulder or elbow. It depends on the work they’re doing and which parts are carrying the load.

Now imagine hundreds of thousands of robots in operation. Sending specialists out for every component replacement simply won’t scale.”

The harder part is on O-ID's side: it has to design the entire robot around modularity while maintaining strength and precision.

“We take responsibility for that complexity so the customer gets a machine that’s straightforward to maintain.”

Predicting failures before they cause downtime

Predictive maintenance is another part of O-ID’s modular approach, with the company aiming to monitor how individual components perform over time and identify potential failures before they disrupt operations.

Jakobsen explained:

“The idea is to understand how each module is being used and how its behaviour changes over time. Our architecture allows us to improve accuracy as deployments scale.

“If a joint starts drawing more current or running hotter under the same conditions, that can tell us something needs attention.

The goal is to identify a problem early enough to get a replacement to the customer before it interrupts their work. And when something does fail unexpectedly, they should still be able to swap the module on-site.”

The economics of modular humanoids

O-ID is not publishing its manufacturing costs or customer pricing yet, but as it moves towards mass-production volumes, it expects to be highly competitive on price. The bigger difference, according to Jakobsen, is what the robot costs to run over its lifetime.

“A worn joint shouldn’t mean shipping an entire robot away, and a better hand or computer shouldn’t mean buying a whole new machine.

Replacing and refurbishing individual modules is how we’re designing for lower costs, both for us and the customer.”

And if the robot can help a factory run a shift it otherwise couldn't staff, its value goes well beyond the purchase price.

Building in Japan, scaling to the US

Many of O-ID’s components already come from Japan, and the company is working towards a fully domestic supply chain. It is partnering with Japanese manufacturers, including automotive Tier 1 suppliers, while working with US and European component developers to bring their technologies into production locally.

O-ID has signed a letter of intent with Sumitomo Electric Industries, Ltd. to explore the potential application of its technologies to wire harnesses for humanoid robots.

While its initial focus is automotive manufacturing and logistics in Japan, O-ID plans to expand into additional industries and, eventually, the US market.

The company has filed a provisional US patent for its modular connector technology, and says its Japan-built robots are being designed to meet US National Defense Authorization Act (NDAA) requirements.

The new funding will help move O-ID’s first robot from prototype to production as it prepares to place robots on Japanese factory floors.

William Pritzker, Partner at TAWANI Ventures, said:

“Japan and Chicago share a robust role and history as lynchpins of the global manufacturing ecosystem. Stian and Simon have impressed us with their ability to work and to innovate within this space.

Modular humanoids are a generational opportunity to expand industrial productivity just as labour force declines present unprecedented challenges.

O-ID will lead the transfer of decades of Japanese robotics expertise, learnings, and supply chain into an AI-native, adaptable platform.”

Yuki Shirato, Managing Director at Techstars, said:

“I originally selected Stian and Simon not simply because of their brilliant minds, but because they are building something truly unique.

O-ID humanoid robots will be modular, designed for mass production and repairs, and made entirely in Japan.

They have made tremendous progress since then, and this fundraise and joint research with Japanese manufacturers mark an important step forward in their mission of reshaping how we live.”

Google will send its own AI chips into orbit for the first time next week, in the first flight test of Project Suncatcher. A prototype satellite carrying its Tensor Processing Units (TPUs) will fly on SpaceX’s Transporter-18 rideshare mission. Google built the satellite with Planet, the Earth-imaging company. The mission will measure how the chips […]

Almost 90% of the AI agent prototypes Amazon teams built two years ago never reached production, AWS vice president of agentic AI Swami Sivasubramanian said. Amazon was then starting to invest heavily in agents. Sivasubramanian spoke on Wednesday at HumanX in Amsterdam. Citing analysts, he said 17% of organizations have successfully deployed AI agents and […]

Oracle has sent a force majeure notice over Project Jupiter, a huge AI data centre being built in New Mexico, Bloomberg reported on Thursday, citing people familiar with the matter. The notice went to the project’s developer, a unit of investment firm Blue Owl Capital. Companies usually cite force majeure to escape contract duties when events […]

“When enough factory roles go unfilled at once, entire supply chains are at risk. O-ID’s robots are built to work alongside the people still on the floor, closing those gaps before they become a crisis for a single factory and for the industries Japan depends on,” said Stian Jakobsen, co-founder and CEO of O-ID. Tokyo-based […]

Two-thirds of the Fortune 500 are using Lovable, co-founder Fabian Hedin said, often because staff found the tool on their own. Those companies then come to Lovable with thousands of apps and ask what to do, he said. Hedin, Lovable’s chief technology officer, spoke to Forbes senior editor Iain Martin on Wednesday at HumanX in […]

Eindhoven-based OWOW Venture Studio has secured €2.65 million from eight family offices and angel investors to build and accelerate early-stage B2B startups, with a focus on manufacturing and original equipment manufacturers (OEMs).

The capital will be deployed over the coming years, with investments ranging from €100,000 to €250,000 per startup. OWOW plans to add at least three new ventures to its portfolio each year for the next three years.

The studio will back both ideas developed internally and existing startups founded by external entrepreneurs looking for investment and support to accelerate their growth. The amount invested in each venture will depend on its stage of development and commercial potential.

OWOW focuses on B2B startups operating in traditional sectors including manufacturing, OEMs and construction, with a particular interest in software-as-a-service and AI, including physical AI applications. The studio sees opportunities in industries where processes continue to rely on outdated or fragmented digital systems.

Its venture studio model combines investment with product development and market validation. Alongside capital, startups can access OWOW's AI specialists, software developers and designers, as well as the product studio's client base and business network.

For every venture we build or invest in, we want to be able to find launch customers ourselves. If we can’t, it’s not a win-win, and we don’t invest. We only invest in the industries we have worked in ourselves for almost fifteen years. We know the customers there, and they know us,

said Robin Dohmen, founder and co-CEO of OWOW.

Formally launched in late 2025, OWOW Venture Studio initially targeted €2 million for the round before increasing it to €2.65 million following investor interest. It has since made its first two investments: Eindhoven-based Synthgen, which generates synthetic data for training AI models used in robots and machines, and Caddy Clubhouse, a British platform connecting golfers with caddies.

The Venture Studio is led by Robin Dohmen, with a core team that includes Kees van Nunen (Head of Ventures), Vincent van Deursen (Head of Product), and OWOW founder Pieter-Jan Pieters. The studio also works with additional specialists on a project-by-project basis and has an advisory board with members from the venture capital sector.

AI security company Kontext has raised $4 million in funding to expand its runtime security platform for AI agents. The financing was led by 42CAP, with backing from a16z CSX and HTGF.

Founded by Jens Ernstberger and Michel Osswald, Kontext develops software designed to give organisations greater visibility and control over the actions performed by AI agents. The founders have backgrounds in secure computing, applied cryptography and AI systems.

The company is addressing security risks that emerge as AI agents move beyond chat interfaces and software development into workplace environments, where they can write code, access files and operate using company credentials. As businesses give agents greater access and autonomy, Kontext's platform is designed to control what those agents are authorised to do while they are running.

Kontext's software sits between AI agents and the tools and systems they interact with. It evaluates agent activity in real time against security policies and risk signals, taking into account the agent's identity, requested action, target resource and assigned task.

An AI agent can be properly authenticated, use an approved tool, and still take an action no one authorized. As agents move from generating text to operating software, companies need a control point at the moment of action. Kontext connects identity with task context and policy to decide what an agent is allowed to do before it happens,

said Jens Ernstberger, co-founder of Kontext.

Teams can initially deploy Kontext in an observe mode to understand how agents behave, identify potentially risky activity and see how security policies would apply without interrupting their work. When enforcement is enabled, the platform can block unauthorised actions before they are executed and retain an auditable record of each decision.

The funding will be used to expand Kontext's engineering team, continue developing its runtime enforcement platform and support customers deploying AI agents with greater control and visibility.

A breach at DriveWealth, the US broker behind Revolut’s US stock trading, exposed the personal data of some Revolut customers. DriveWealth and Revolut emailed affected customers on Thursday. DriveWealth said an unauthorised party got into its network on 4 and 5 September. The access was the result of a social engineering campaign run by unknown […]

Nick Clegg has dismissed fears that artificial intelligence could one day turn on humanity and wipe it out, calling that view hand-wavy. The former UK deputy prime minister, who later ran global affairs at Meta, spoke on BBC Radio 4’s Today programme on Thursday, as the Guardian reported. Rather than worry about a godlike machine, […]

A fire broke out late on Wednesday at a Starlink ground station south of Warsaw that helps carry internet traffic to Ukraine. Poland’s digital affairs minister, Krzysztof Gawkowski, said on Thursday that it looked like sabotage. Speaking to public broadcaster TVP Info, Gawkowski said the blaze appeared designed to knock the station offline and cut […]

Swiss tech companies raised more than €1.1 billion during the first half of 2026. Capital was relatively concentrated, with the ten largest funding rounds accounting for around two-thirds of the total.

Looking at funding stages, Series A attracted significant investment, boosted by several large transactions, while seed and pre-seed activity was spread across a broader number of smaller rounds. Later-stage financing also contributed meaningfully, particularly through Series C and Series E rounds, while grants, growth equity, debt, convertible financing and equity crowdfunding represented smaller portions of the overall funding mix.

Semiconductors attracted the most capital, with around €281 million, followed by energy (€223 million) and healthtech (€220 million). Cleantech also attracted substantial funding, while fintech, software and other technology sectors recorded a larger number of generally smaller transactions.

Overall, the Swiss funding market combined a broad base of early-stage activity with a relatively small number of large rounds concentrated in capital-intensive sectors such as semiconductors, energy and healthtech.

For further insights into funding trends across the European technology ecosystem, check out Tech.eu's Funding Explorer, free and open to everyone.

Here are the ten companies that raised the most in H1 2026.

Amount raised in H1 2026: $225M Kandou AI is a fabless semiconductor company developing high-speed, low-power connectivity technologies for AI infrastructure, data centres and consumer electronics. Its portfolio includes chip-to-chip interconnects, PCIe and USB4 retimers, switches and IP based on its Copper MIMO technology. The company is targeting data-movement bottlenecks between processors, memory and other components as AI systems scale. In H1 2026, Kandou raised $225 million to scale production of its AI connectivity chips, expand engagement with hyperscale and AI infrastructure customers, and advance its next generation of chips and IP.

Amount raised in H1 2026: €192M Terralayr combines physical battery infrastructure with a software platform designed to make energy flexibility available on demand. The company develops, owns and operates grid-scale battery energy storage systems, while its LAYR platform aggregates and virtualises battery capacity, allowing utilities, traders and other market participants to access and commercialise flexible capacity. The company secured €192 million in H1 2026 to grow its grid-scale battery storage portfolio in Germany and further scale its LAYR energy flexibility platform.

Amount raised in H1 2026: $100M CeQur is a medical device company developing insulin-delivery solutions for people with diabetes. Its CeQur Simplicity product is a wearable patch for mealtime and correction insulin that uses a flexible cannula to deliver rapid-acting insulin, providing an alternative to multiple daily injections. The patch can be worn for up to four days and delivers insulin on demand without programming or tubing. During H1 2026, CeQur raised $100 million in Series E funding to expand its commercial reach and field sales operations and support further development of CeQur Simplicity, including extended-wear and additional dosing versions.

Amount raised in H1 2026: €73M Aerospace company SWISSto12 develops satellite systems and radio-frequency products for satellite communications. Its HummingSat platform is designed as a smaller alternative to conventional geostationary telecommunications satellites, using reconfigurable, software-defined payloads to support commercial and government communications. The company also develops phased-array antenna technologies for satellite payloads and ground products. In H1 2026, SWISSto12 secured €73 million in ESA-backed support to accelerate the development and industrialisation of HummingSat, expand manufacturing capacity and advance new products, including phased-array antenna technologies.

Amount raised in H1 2026: $50M BLP Digital is an enterprise software company developing AI-powered automation for core business processes. Its platform uses specialised AI agents to automate document-heavy workflows across finance, procurement, sales and logistics, including handling exceptions and integrating processes with companies' existing ERP systems. In H1 2026, BLP Digital secured $50 million from Goldman Sachs Alternatives to support further product development and expand its agentic AI capabilities into additional enterprise workflows.

Amount raised in H1 2026: $50M Polares Medical is a clinical-stage structural heart company developing transcatheter technologies for treating mitral regurgitation. Its MRace Posterior Leaflet Replacement system is designed to provide an alternative approach between transcatheter mitral valve repair and full valve replacement, with the aim of extending treatment to patients with a broader range of mitral anatomies. Polares Medical raised $50 million in Series C funding in H1 2026 to expand operations and advance clinical studies of MRace in the US, Europe and Australia.

Amount raised in H1 2026: $40M Founded in 2024, PAVE Space is developing orbital transportation infrastructure designed to move satellites between orbits more quickly. Its LYOBA heavy-lift kickstage is designed to carry payloads to destinations including medium Earth, geostationary and lunar orbits, while its IBEX platform targets high-mobility orbital applications. PAVE Space raised $40 million in seed funding in H1 2026 to accelerate development of its orbital logistics platforms, conduct initial demonstration missions, grow its engineering team and prepare for its first commercial deployments.

Amount raised in H1 2026: €28.6M NUCLIDIUM is a clinical-stage biotechnology company developing copper-based radiopharmaceuticals for cancer diagnosis and treatment. Its CuTrace platform combines tumour-specific molecules with Copper-61 for diagnostic imaging and Copper-67 for targeted therapy, with a pipeline spanning several oncology indications. The company is also building a production and supply network across Europe and North America. In H1 2026, NUCLIDIUM secured €28.6 million in an extension of its Series B, taking the round to CHF 105 million. The additional funding will support expanded Phase I/II trials of its lead programmes in metastatic prostate and breast cancer and further expansion of its manufacturing and production network.

Amount raised in H1 2026: €23M Planetary is a biomanufacturing company building and operating fermentation infrastructure for industrial-scale production of bio-based products. Its platform covers bioprocess design, scale-up and manufacturing, while its BioBlocks system is designed to help partners bring fermentation-derived ingredients to market. The company also licenses its technology to agro-industrial partners to convert side streams into products including proteins, fibres and enzymes. Planetary raised nearly €23 million in H1 2026 to support the global commercial rollout of its ingredients and expand its technology licensing strategy.

Amount raised in H1 2026: $25M Acutronic develops technologies for the aerospace, defence and transportation industries. Its businesses span high-performance motion simulation and testing systems, aerospace components including power systems, servo-actuators and micro-turbines, and stabilised platforms. Its simulation equipment is used to test and calibrate technologies including inertial sensors, navigation systems and missile systems. The company raised $25 million in H1 2026 to develop new products, expand production capacity and provide working capital for growth, alongside plans to pursue acquisitions in the defence technology sector.

Reply Next, an AI platform for managing the digital presence of businesses with multiple locations, has raised €400,000 in pre-seed funding. The round was led by independent investment firm 4Founders Capital, with participation from business angels including Juanjo Mostazo and David Alcobero.

Founded by telecommunications engineer Miguel Peñate, Reply Next allows brands with hundreds or thousands of physical locations to manage and optimise their digital presence from a single place.

The company is targeting the growing volume of digital interactions associated with individual locations. Reviews, ratings, messages, searches and recommendations across platforms including Google Maps, Booking, the App Store and Google Play, as well as AI-powered search engines, generate information about each location that is not always translated into business actions.

Nine out of ten companies don't know how much revenue their stores generate through Google Maps, 70% of brands don't respond to users on public channels, and fewer than 10% of businesses appear in AI-powered search engine results. Reply Next was created to close this gap and give each location the intelligence it needs to compete,

said Miguel Peñate, founder and CEO of Reply Next.

Reply Next brings information and digital interactions associated with each location into a single platform. Its AI agents can respond to customers, identify issues and opportunities, monitor competitors and carry out tasks automatically according to each brand's guidelines.

The company aims to move beyond managing individual interactions by providing a system that can identify opportunities, anticipate problems and take action to improve a location's visibility, attract customers and increase revenue.

The funding will be used to strengthen Reply Next's technology and sales teams, accelerate product development and develop new AI agents designed to automate processes and decisions for brands.

Amazon will spend $3bn to grow its quick-commerce business in India by 2030, Reuters reported on Thursday, citing two people who know the plans directly. Quick commerce is the term for app orders that reach shoppers within minutes. Amazon declined to comment on the figures. It did say, however, that its quick-commerce arm had passed $1bn in annualised […]

Duqu, an Amsterdam-based FinTech startup that gives businesses immediate access to money tied up in outstanding invoices, has raised €1.5 million in a pre-Seed round from Curiosity VC and No Such Ventures.

The company has also developed its own AI underwriting engine, automating 95% of the credit assessment process. It also offers the technology as a white-label solution to banks, lenders and leasing companies. The Dutch startup plans to use this capital to grow both parts of the business. 

“Businesses can arrange almost everything instantly today, yet after completing the work they can still wait weeks to get paid. That no longer matches the pace at which businesses operate. Growth cannot wait for an invoice to be paid,” said Duqu co-founder Maas de Goede. 

Founded in October 2025 by de Goede, Victor Brouwer, and Diederik Nassenstein, Duqu states that, through its platform, businesses can apply for a short-term advance without selling their invoices and without a minimum or maximum amount.

The company highlighted that nearly half (47%) of B2B invoices in Western Europe are overdue. It notes that this means money businesses have already earned can stay tied up for weeks, while expenses such as employee salaries, inventory investment, marketing, or a new hire cannot wait. 

Duqu claims to solve this with a short-term advance, giving businesses access to funds tied up in an outstanding invoice as soon as the invoice is issued. It assesses outstanding B2B invoices and, based on that assessment, advances the invoice amount to the business. 

The company notes that unlike factoring, businesses do not sell their invoices and retain control of the customer relationship. There is no minimum or maximum amount, and businesses pay a fee only when they use an advance. Once approved, the money is transferred within 24 hours, and often within an hour.

According to investor Curiosity, Duqu’s technology enables profitable processing of smaller credit applications. “Small applications are relatively expensive for traditional lenders to assess and process. Duqu has built a fully AI-driven credit assessment and processing stack. As a result, businesses with smaller credit or working capital needs can be better served,” said Herman Kienhuis of Curiosity.

Duqu has been building its proprietary AI underwriting engine for the past year and a half, currently automating around 95% of the credit assessment process. The technology is modular and can also be deployed outside Duqu’s own platform. Lenders can use the engine as a white-label solution to automatically assess applications in line with their own credit policies.

Thijn van Helvoirt of No Such Ventures said, “Credit assessment is still a labour-intensive process for many providers. As a result, processing more applications often means hiring more people. Duqu automates a large part of that process while allowing lenders to retain their own credit policies. The same technology can also be applied to areas such as leasing, mortgages and buy now, pay later. This means that alongside its solution for businesses, Duqu is building technology that can be applied across a much broader part of the credit market.”

The platform currently has almost 1,500 users and has processed €4.6 million in applications since launch, of which more than €1.2 million has been advanced.

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