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 20 technology M&A transactions and 49 tech funding deals totalling about €361 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) Estonian transportation company Taxify hit the news with the announcement of new investment from Didi Chuxing, a car-sharing company headquartered in Beijing, China.

2) UK startup Love Home Swap has been acquired by hotel giant Wyndham for £40 million.

3) German aviation startup Volocopter has raised €25 million from automotive firm Daimler and other investors, including entrepreneur Lukasz Gadowski, for its flying autonomous taxi.

4) Impero, an edtech software company based in the UK, has been acquired by Investcorp Technology Partners for £27.5 million. Impero, founded in 2002 in Nottingham, develops school network management software for the education sector for classroom monitoring and student safety online.

5) President Vladimir Putin has signed a law that prohibits technology that provides access to websites banned in Russia.

6) London-based Carwow, an online car marketplace, has raised £30 million in Series C funding. The round was led by Virtuvian Partners, with participation from previous investors Accel Partners and Balderton Capital.

7) Music streaming company Spotify is close to agreeing a new licensing pact with Warner Music, the last big music royalty deal it needs before pushing ahead with an IPO. Meanwhile, Spotify has reached 60 million paying subscribers, adding 10 million subscribers in less than five months.

8) VR firm Inception, based in Israel, has raised $15 million in a Series A round led by European media network RTL Group, which has interests in dozens of TV and radio stations around the continent.

9) Fintech startup TransferWise will allow users around the world to send money internationally through its service using Apple Pay, in a bid to make transfers easier and more secure.

10) Wonderbly, the personalised book publisher formerly known as Lost My Name, has raised $8.5 million in a Series B led by Ravensburger, the veteran German children’s book publisher and toy maker.

Bonus link: Virtual Reality, Real Deals: a report on the state of VR in Europe

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