Happy Friday!
This week, tech.eu tracked 16 technology M&A transactions and 48 tech funding deals totalling about €169 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) Google will comply with Europe’s demands to change the way it runs its shopping search service, a rare instance of the internet giant bowing to regulatory pressure to avoid more fines.
2) German industrial group Siemens has agreed to buy Dutch self-driving software specialist Tass International for an undisclosed sum to strengthen its automotive business.
3) Germany’s government has answered the car ethics question once and for all: driverless cars should prioritize the protection of human life over the destruction of animals or property.
4) Berlin-based insurtech startup Coya has raised a $10 million seed funding round. the investment was led by Silicon Valley's Valar Ventures, a VC firm backed by Peter Thiel, with participation from e.ventures and La Famiglia.
5) Four Uber drivers were fined by a Danish court on Monday for operating taxis illegally while working for the ride hailing service before it withdrew from the market in April.
6) SuperAwesome, the digital marketing platform for kids, has raised $21 million in a Series B round led by Mayfair Equity Partners.
7) Amazon has added the ability for UK users to pay for products and services on its e-commerce platform using cash. The service, called Amazon Top Up, lets shoppers load between £5 and £250 into their Amazon UK account in a single top-up transaction.
8) French car-sharing startup Vulog has raised €17.5 million. The investment comes from the UK's Frog Capital and the Czech Republic's Inven Capital.
9) Spotify is parting ways with Tom Calderone, the head of original video and podcasts, after the music-streaming company’s initial round of programs failed to catch on with audiences.
10) Israeli startup R2Net, which operates popular diamond trading website JamesAllen.com, has been sold to Bermuda-based Signet Jewelers for $328 million.
Bonus link: Europe’s next competition clash: Online data (Politico)
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