This week, the research team of Tech.eu followed more than 65 technological financing transactions worth over 1.1 billion eurosand so on 10 exits, M&A dealsand rumors and related news across Europe.
As always, we’ve put them all together for you in a list sent out in our summary newsletter next Monday (note: the full list is for paying customers only, and is also available as a handy download spreadsheet).
Important: get your tickets for our upcoming Tech.eu summit on 17 May in Brussels pronto. We have a great cast and the agenda is published – so don’t hesitate and get your tickets now!
From EU Commissioner Maria Gabriel to world-renowned pilot Zara Rutherford, Belgian Prime Minister Alexander De Croo, Transfer co-founder Wise and CEO Christo Kerman, there will be many people you will want to learn from and meet in person at our first edition. at the Tech.eu summit.
There are a million reasons why you don’t want to miss our first big technology conference, but here’s a list of the top 10 as we start counting down the 10 days before seeing so many of you in (hopefully sunny) Brussels.
Below, please find an overview of the biggest European technology news of the last few days (subscribe to our free newsletter to receive this summary in your inbox every Monday morning).
>> Remarkable and large circles of funding
The Madrid-based temporary work platform Jobandtalent has secured $ 250 million in debt from US investment banks Citi, Goldman Sachs and European investor AnaCap Financial Partners to connect people with a steady stream of work.
Alan, a Paris-based healthcare company that also offers insurance products, raised 183 million euros in the E-Series. The company is now valued at 2.7 billion euros, which has almost doubled since April last year.
Stockholm-based Polarium, a company dedicated to providing safe and sustainable energy storage solutions based on lithium-ion technology, raised about 92m euros in a new round of funding. With this funding, the company is now valued at $ 1 billion, making it the newest Swedish unicorn.
Lithuanian fintech company, which provides an advanced bill-to-account (A2A) infrastructure to replace expensive card transactions, Kevin. has raised $ 65 million in funding. The Serie A round was led by Accel, with the participation of Eurazeo and existing investors.
DoDo Group, based in Prague, Czech Republic, provider of B2B logistics technology platform, provided € 60 million in B-Series funding.
The next generation of therapeutic tools designed to prevent, treat and help people manage a wide range of medical diseases, digital therapy is the way forward. Betting on the segment, Iceland’s digital therapy platform Sidekick Health raised $ 55 million in Series B funding.
Bavarian startup HiveMQ has raised € 40 million in a series of Series A funding. The HiveMQ solution helps facilitate communication between connected IoT devices; many connected devices.
>> Notable acquisitions, mergers, IPOs and SPAC deals
Munich-based industrial IoT maker ProGlove was acquired by private investor Nordic Capital. While Nordic Capital partner Rainer Lenhard declined to comment on the deal’s financial results, market experts cited a € 500 million estimate for ProGlove.
After the Dublin-based funding platform Wayflyer raised $ 150 million in the B-Series funding round to join the Unicorns Club at a valuation of $ 1.6 billion in February, the startup is looking to expand its marketing presence. of influencers. He has now acquired the funding provider Peblo.
An expanded intelligent bus based in London was bought in a deal for 80 million British pounds. Swvl Holdings Corp, registered with NASDAQ, a global provider of technology solutions for public transportation, has acquired Zeelowhich has 160 employees worldwide, including 29 software engineers based at its research and development center in Barcelona.
Intel Graphics has acquired the Finnish company Siru Innovations. The company has experience in graphics and software development.
Neobank Bunq, from acquisition of the Belgian FinTech TriCountwill add 5.4 million new users and become the second largest neobank in Europe after Revolut.
The Barcelona-based Qustodio was acquired by Family Zone for a full $ 52 million buyout.
In an effort to further enhance its music intelligence capabilities, SoundCloud has acquired Singapore-based Musiio.
>> Interesting moves by investors
The Swiss Nym Innovation Fund for invests $ 300 million when creating an Internet with improved privacy.
Munich-based technology firm Cipio Partners has completed its latest fund with 202m euros.
Madrid-based venture capital firm Seaya Ventures has launched a new sustainability-focused fund with a target of € 300 million. The fund will invest in technology-oriented companies focused on green technologies, the circular economy, agricultural technologies and the sustainable food value chain.
200 German entrepreneurs have pooled their money in them a new fund of 160 million euros to be spread over Serie A start-ups in Europe.
The Luxembourg-based Una Terra venture capital fund in Switzerland has high hopes: to raise € 1 billion by 2025 and become the de facto platform for ESG venture capital investment in all relevant EU sectors and geographical areas.
The European Investment Bank (EIB) is investing up to € 20 million in a co-investment instrument with Sabadell Venture Capital to support early-stage Spanish start-ups affected by COVID-19. Sabadell Venture Capital will match the EIB’s joint investment with its own contribution of EUR 20 million, which will lead to a total of 40 million euros for risky debt operations in start-ups.
>> In other (important) news
EU regulators have blamed Apple violation of competition law by restricting competitors’ access to technology that is key to making contactless payments by unfairly favoring its own Apple Pay service.
Big changes and drama continue serving at the Just Eat Takeaway buffet, one of its major players in the global food delivery business. The company said its chairman, Adrian Nyun, was leaving the company immediately as the company insisted on a reorientation; and its chief operating officer, Jörg Gerbig, also resigned from his board of directors because he was being investigated for misconduct.
The Google App Store policy applies investigated by the Dutch Consumer and Markets Authority (ACM) after the dating app Match complained about the terms and conditions of the payment service in the Google Play Billing app, regulators said.
Meanwhile, Google has called on Europe’s second-highest court to fired a € 1.49 billion fine imposed by EU antitrust regulators three years ago to thwart competitors in online search advertising.
Big technology companies like Google and Facebook will have to comply new competition rules in the United Kingdom or the risk of huge fines, the government said.
Binance, the world’s largest crypto exchange, has received regulatory approval to provide digital asset services in France, the first European country to receive such authorization.
With the rapid establishment of Latin America as a major player in the world of start-ups, Web Summit announced a three-year deal with the city of Rio de Janeiro to host the Web Summit Rio.
The Vatican has announced plans to entered the metaverse.
>> Recommended reading and listening
Financing of start-ups in the European Union began quickly in 2022. But in the last few months, investment it slowed sharply.
That said, the European technology ecosystem recovered in April with a total of 10.4 billion euros raised – almost 2 billion euros more than the much milder March.
Data protection, citizens’ rights and digitalisation are at the forefront Revolutionary European Health Data Area (EHDS) presented by the EU executive on Tuesday.
At Tech.eu, Kry CEO Johannes Schield assessed why the proposed European Health Data Area has the potential to radically change the delivery of healthcare across Europe.
Europe’s antitrust chief Margrethe Vestager, the architect of remarkable rules to limit the power of US technology giants, called on Thursday for a global approach to big technologies to prevent companies from taking advantage of application gaps.
Like Ireland lost your chance to become the “super regulator” of Big Tech.
Launched this week and curated by 13-year veteran technology journalist Martin SFP Bryant, PreSeed Now is designed to highlight some of the UK’s most promising deep technology and B2B startups.
IN European fintech entrepreneurs on the Forbes 30 Under 30 list in 2022.
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