These were the 10 biggest European tech stories this week
These were the 10 biggest European tech stories this week
Swiss job recruitment platform Hosco raises €6.4 million Series A
Swiss Hosco, a job recruitment platform for the hospitality sector, has raised €6.44 million in Series A funding. The investment was raised from Athos Capital, along with other funds, including existing investors and several business angels.
French microprocessor developer Kalray raises $26 million
French Kalray, a developer microprocessors, has raised a round of $26 million. The funding comes from new investors Safran and Pengpai, and existing investors ACE Management, CEA Investissement, EUREKAP! Héléa Financière and INOCAP Gestion. The company has raised over $65 million to date.
Daimler’s Mytaxi acquires Romanian competitor Clever Taxi
The Daimler subsidiary Mytaxi continues to expand internationally and is now buying its Romanian competitor Clever Taxi. The amount of the deal was not disclosed. Mytaxi also acquired its Greek rival Taxibeat in February, after merging with the UK taxi startup Hailo last summer. The taxi-hailing scale-up is already active in 10 countries and claims over 10 million downloads since its launch in 2009.
AproPLAN raises €5 million Series A to digitise the construction sector
Construction tech company AproPLAN has raised €5 million in Series A financing. The round was led by Fortino Capital and existing investors including Inventures, Matexi and Showpad-founders Pieterjan Bolts, Louis Jonckheere and Peter Minne.
China’s JD.com invests $397 million in luxury fashion platform Farfetch
Chinese e-commerce giant JD.com is investing $397 million in the London-based luxury fashion platform Farfetch. Richard Liu, JD.com’s founder and CEO, will join Farfetch’s board along with the deal.
Former Huddle CEO Alastair Mitchell joins EQT Ventures as partner
Alastair Mitchell, former Huddle CEO, has joined Swedish fund EQT Ventures as its newest partner and will be based out of the firm’s San Francisco office. Mitchell is cofounder of Huddle and had been CEO until early 2015 when he stepped down from the role and began angel investing in startups like CharlieHR and Sparrho. […]
