These were the 10 biggest European tech stories this week

These were the 10 biggest European tech stories this week


Happy Friday!

This week, we tracked 90 tech funding deals worth more than €589 million, as well as 10 M&A transactions, 1 IPO, and 1 ICO across Europe, Israel, and Turkey.

We listed every single deal in our weekly newsletter (note: the full newsletter is now available to paying subscribers only). Here’s an extra overview of the 10 biggest European tech news items for this week:

1) Appeal court judges have ruled the UK government’s mass digital surveillance regime unlawful in a case brought by the Labour deputy leader, Tom Watson.

2) eBay has ditched PayPal in favour of Dutch scale-up Adyen for its payment processing needs.

3) Paris-based ContentSquare, an analytics solution for web and app developers, has raised $42 million in a Series B round led by Canaan and Highland Europe with participation from Eurazeo and H14.

4) Germany’s anti-trust regulator is opening an investigation into online advertising, responding to concerns expressed by advertisers and publishers over the “significant” market position of Google and Facebook.

5) Marathon Venture Capital, a Greek VC firm, has announced the second closing of its seed fund, bringing the total to €32 million.

6) UK digital health startup Medopad has announced $28 million in funding led by China’s NWS Holdings, with a view to raising $120 million in total for the Series A round.

7) Apple this week removed Telegram’s official app from its iOS App Store. The app disappeared shortly after Telegram launched a rewritten Telegram X app for Android, which is currently in testing on iOS (and was also removed from the App Store).

8) Victor, an online marketplace for booking private jet charter trips, has raised $18 million from BBA Aviation and BP Ventures. The London-based company and investors have now established Alyssum Group, a new organisation for boosting the aviation business ecosystem.

9) Ride-hailing provider Lyft is expanding to Europe, opening an office in Munich, home to the likes of BMW and Siemens.

10) Wefox, the German company behind insurance tech service One, has raised an investment from American actor Ashton Kutcher, among other investors.

Bonus link: European Tech Funding Report for 2017: massive growth across the board, total EU tech funding up 52% YoY to €25 billion; 3,400 deals

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