Greek taxi hailing app Taxibeat has been acquired by German competitor MyTaxi, which is owned by Daimler. No financials have been disclosed. Taxibeat, founded in 2011 in Athens, operates throughout Greece and has a small Latin American foothold with operations in Peru. To date it has raised around $7 million. The deal is believed to […]
Barcelona-based fintech company ID Finance has raised $50 million in debt financing from several sources. The round includes $15 million from TransKapitalBank, $3 million from Russian food magnate Vadim Dymov, and contributions from For Bank. ID Finance is a balance sheet lender, which provides credit scoring and digital finance services. It launched in Latin American […]
We daresay the above image doesn’t need much comment. It’s a selection of some of the biggest and well-known technology companies on the planet, all of which have bought at least one European tech firm last year. We’re just saying. For more data and analysis, check out our European Tech Exits Report 2016 (buy it […]
Helsinki-based, publicly-listed cyber security company F-Secure has acquired Inverse Path, a privately-held security services firm that works primarily with clients in the avionics, automotive, and industrial control sectors. The purchase is meant to bolster the Finnish company’s growing consultancy business, says Jens Thonke, EVP of Cyber Security Services at F-Secure. From the press release: “Inverse […]
VC firm Atomico has announced the close of its latest fund at $765 million. Its fourth fund, dubbed Atomico IV, will invest in European startups from Series A on that have global potential. The fund, and its “value creation” model, is bolstered by an investment team of former executives from Google, Facebook, Uber, and Spotify […]
Israeli Intuition Robotics, which develops social companion technologies, has raised $6 million. The funding comes from iRobot Ventures and the equity crowdfunding platform OurCrowd. Intuition Robotics will open its U.S. Headquarters in Silicon Valley this year.
London-based, peer-to-peer knowledge platform SmartUp has announced the closing of a $5.5 million Series A round. The investment was led by Notion Capital and Hong Leong Group.