Happy Friday!
This week, we launched our latest report put together in collaboration with Stripe: “Life is Growth” - a deep dive into the state of play for growth-stage technology companies in Europe.
Meanwhile, our research team tracked a ton of funding rounds and exits across Europe, including Russia, Israel, and Turkey. We will list every single deal in our weekly newsletter, which will be exceptionally sent on Monday instead of this Friday afternoon.
Here's an overview of the 10 biggest European tech news items for this week:
Note: In May, tech.eu will be shining a light on digital health in Europe, with a little help from a friend (Bayer G4A) - get in touch with tips!
1) Amazon led a $575 million funding round for UK-based Deliveroo, taking the total the food delivery app has raised to date up to $1.53 billion. Others taking part in the funding round include existing investors T. Rowe Price, Fidelity Management, and Greenoaks.
2) Fiverr, an Israeli startup backed by Bessemer Venture Partners and Accel, has filed to go public on the New York Stock Exchange.
3) Confirmed: GetYourGuide — a Berlin startup that has built a popular marketplace for people to discover and book sightseeing tours, tickets for attractions and other experiences around the world — has secured $484 million in a Series E round of funding that will catapult its valuation above the $1 billion mark.
4) Healthcare platform DocPlanner, founded in Poland, has raised a funding round of €80 million led by One Peak Partners and Goldman Sachs Private Capital Investing, with participation from existing investors Piton Capital and ENERN Investments. This round brings the total amount raised by the company to some €130 million.
5) Venture capital firm Accel has raised a $575 million fund, its sixth to be invested in early-stage companies across Europe and Israel. Accel, which set up shop in London back in 2000, has backed the likes of Spotify, BlaBlaCar, Monzo, UiPath, Deliveroo, Prezi, Supercell, Funding Circle and Rovio.
6) SoftBank has made another bet on the European fintech sector, and this one is its biggest yet. The investor's Vision Fund has invested $800 million in Greensill Capital, a provider of supply chain finance, in a move that reportedly values the UK company at around $3.5 billion.
7) Danish fintech startup Pleo, born out of Copenhagen-based startup studio Founders, has closed a Series B round to the tune of $56 million, less than a year after raising $16 million. The round was led by by New York growth fund Stripes with participation from prior backers Kinnevik, Creandum and the aforementioned Founders.
8) German air taxi startup Lilium announced the first test of its full-scale, all-electric five-seater aircraft. It was the latest in a series of successful tests for the nascent electric flight industry, which aims to have “flying cars” whizzing above cities within the next decade.
9) Hyundai Motor Group has announced a strategic partnership with, and a total investment of 80 million euros into, Croatia-based Rimac Automobili, a decade-old electric hypercar manufacturer and automotive technology developer.
10) Swedish fintech company Anyfin has secured €8 million in fresh funding from its existing backers Northzone, Accel and Global Founders Capital. The only new investor in this extension of its Series A round is NYC-based Fintech Collective. Stockholm-based Anyfin essentially enables people to refinance their existing consumer loans, helping them lower their interest rates by a (self-reported) average of 50 percent.
tech.eu Podcast: EU-Startups Summit Interview Special: Guido Magrin (TeiaCare) + Avi Meir (TravelPerk) + TNW Conference Interview Special: Sacha Michaud, co-founder of Glovo
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