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 10 technology M&A transactions and 52 tech funding deals totalling €298 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) French Actility, which provides Low Power Wide Area Networks (LPWAN) for the internet of Things (IoT), has completed a $75 million Series D funding round.

2) Swedish software company Trade Extensions has been purchased by the US company Coupa Software for $45 million.

3) Facebook's European regulator said this week that it hoped to reach a deal in the coming months with the US company to allow it to use data gleaned from the WhatsApp messaging service it acquired in 2014.

4) Meanwhile, Yahoo's European regulator said it is preparing to give the US company the results of an investigation into the 2014 theft of data from 500 million users, including any remedial action to avoid a repeat of the breach.

5) Berlin-based Unu, which builds smart electric scooters, has raised €7.5 million in a new round of funding.

6) German Digital Republic Media Group has acquired Gamesrocket, a leading distributor of video games in Germany and internationally. The amount of the deal was not disclosed.

7) Dutch payments processor Adyen said this week that its revenues doubled to $727 million in 2016, and that there are currently no plans for an IPO.

8) Airbnb has shuttered its Russian subsidiary in a bid to simplify the company’s operating structure across the globe.

9) Global Fashion Group, the Rocket Internet-backed fashion e-commerce business, saw its net revenue cross the €1 billion mark in 2016 with sales up 26% from 2015.

10) French human resources solutions specialist HR Path has raised €30 million from Activa Capital, Ardian and Société Générale Capital Partenaires.

Bonus link: Incubators and Accelerators: an updated directory for the UK from Nesta

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