These were the 10 biggest European tech stories this week


Happy Friday! This week, tracked 15 technology M&A transactions, two IPOs and 56 funding deals (totalling €484 million) in Europe, Turkey and Israel.

Like every week, we listed every single one of them in our free weekly newsletter, along with interesting news regarding fledgling European startups, tech investors old and new, a number of good reads published elsewhere, government and policy news, as well as an overview of interesting lists, facts and figures from a wide variety of sources.

You can subscribe to our newsletter below to receive all this information in your inbox every Friday afternoon for free, but here’s an overview of the 10 biggest European tech news items for this week:

1) Deliveroo, the London-based premium food delivery juggernaut, has raised a massive $275 million in Series E financing to support its rapid growth.

2) A consortium of Chinese companies led by Shanghai Giant Network Technology, one of China’s largest online gaming companies, is acquiring Israeli social games developer Playtika from Caesars Interactive Entertainment for a whopping $4.4 billion – one of the largest “exits” by an Israeli tech company ever.

3) The European Commission is setting itself up for a fight with national governments by forcing them to pay for guaranteed Internet access across the EU and comply with new rules on radio spectrum sales.

4) Swiss digital TV security company Kudelski on Tuesday announced a settlement with Apple, ending a patent dispute in the United States and Europe and removing a threat to Apple’s video streaming features in devices sold in Germany.

5) Just Eat has offloaded its Netherlands and Belgium business to for €22.5 million.

6) Daimler led the biggest funding round yet in Blacklane, a Berlin-based competitor to Uber that’s seeking to expand in Asia and the Middle East, investing 'more than $11 million'.

7) Estonian startup Skeleton Technologies, which makes new energy-storage technologies that Elon Musk called key to the future of electric cars, secured a new €13 million round of funding to expand in Asia.

8) Verizon is buying Fleetmatics, a telematics company based out of Dublin, Ireland, for $2.4 billion in cash, to build out the products that it offers to enterprises in the areas of logistics and workforces that are on the move.

9) French video ad company Teads has secured $47 million in debt funding, plans acquisitions and further Asia expansion.

10) Dutch startup 3D Hubs has raised $7 million in Series B funding in a round led by EQT Ventures, with backing from previous investor Balderton Capital.

Bonus link: Geektime 2016 half year report - is the tech bubble actually bursting in Israel?

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