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Today in European Tech: Graphcore raises $222 million in pre-IPO round, more tech firms head for the Tel Aviv Stock Exchange, and more

By

Robin Wauters

Hello!

We hope you’re enjoying the holiday break, but if that includes staying up-to-date on all things European Tech for you, here’s what happened today in this part of the world:

Deals

– Graphcore, the Bristol, UK-based maker of a new microprocessor designed specifically for AI, has raised $222 million in a (pre-IPO) Series E funding round that values the company at $2.77 billion post-money.

– US-based experience management software company Qualtrics has filed for an initial public offering, two years after being acquired by German software giant SAP.

– Israeli AI genomics company NRGene has filed for an IPO on the Tel Aviv Stock Exchange. As far as is known, the company will try to raise $40 million.

–

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SPONSORED BY Techleap.nl
Hardt Hyperloop and the European promise of innovative transportation
By

Andrii Degeler

Editor’s note: This is a sponsored article, which means it is independently written by our editorial team but financially supported by another organisation, in this case, Techleap.nl. If you would like to learn more about sponsored posts on Tech.eu, read this and contact us if you are interested in partnering with us. The global transition […]

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  • Bristol-born AI company Graphcore raises $222 million at $2.77 billion valuation
    Annie Musgrove / 29 December
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