These were the 10 biggest European tech stories this week

These were the 10 biggest European tech stories this week


Happy Friday! This week, tracked 16 technology M&A transactions, one IPO and 75 funding deals (totalling €379 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) Dutch food delivery company is planning to go public in Amsterdam by the end of this month, and this week announced its IPO price range. It might fetch a valuation of more than €1 billion post-listing.

2) Europeans will get free roaming after all (but there's a catch or two).

3) OurCrowd, the Jerusalem-based equity crowdfunding company, this week announced the closing of $72 million in Series C funding.

4) Two interesting acquisitions in Spain as Airbnb picked up Barcelona-based peer-to-peer travel startup Trip4real, and Twilio acquired WebRTC media processing tech from Madrid’s Kurento.

5) Nordic payments firm Nets started trading in Copenhagen this week, and was valued at $4.5 billion.

6) German e-commerce investor Rocket Internet this week reported progress in cutting losses at its main startups, with three of them set to generate profits by the end of 2017.

7) Swiss insurance tech startup FinanceFox has raised $28 million in Series A financing.

8) Deutsche Bank and Axel Springer Plug and Play have joined forces to invest in technology startups.

9) Renault and Nissan are to buy French software development company Sylpheo as they compete with global automakers and tech firms to develop new services including ride hailing and car sharing.

10) Ericsson to end Swedish production and cut 3,000 jobs.

Bonus link: SaaS Wars: Europe Awakens

Follow the developments in the technology world. What would you like us to deliver to you?
Your subscription registration has been successfully created.