These were the 10 biggest European tech stories last week

These were the 10 biggest European tech stories this week
These were the 10 biggest European tech stories last week

Happy Monday!

Last week, our research team tracked more than 30 tech funding deals worth more than €200 million, as well as some 10 M&A transactions and related news stories across Europe, including Russia, Israel, and Turkey. Meanwhile, here's an overview of the 10 biggest European tech news items for last week:

1) Israeli social casino gaming giant Playtika has acquired Finnish mobile game publisher Seriously. Based in Helsinki, Seriously is the publisher of the Best Fiends, a cartoon-style mobile game that launched in 2014 and has been downloaded close to 100 million times.

2) BBOXX, a London-based provider of off-grid solar systems in Africa, raised $50 million in Series D funding. The round was led by Mitsubishi, with participation from ENGIE Rassembleurs d’Energies, Bamboo Capital Partners, DOEN Participaties, and MacKinnon, Bennett & Company.

3) France and the United States have reached a deal to end a standoff over a French tax on big internet companies, French President Emmanuel Macron said on Monday.

4) The European Investment Bank (EIB) has signed a €25 million 'quasi-equity' financing agreement with Swedish podcast company Acast.

5) Festicket, the UK-headquartered festival booking platform, has acquired UK-based ticketing and cashless point-of-sale (POS) platform Event Genius. The sale also includes Event Genius’s consumer-facing brand, Ticket Arena.

6) Presight Capital, the international venture arm of Apeiron Investment Group, is announcing that it’s closed its first fund of $80 million. Apeiron is the family office of German entrepreneur Christian Angermayer, who previously co-founded pharmaceutical company Ribopharma.

7) Mews, the technology company that aims to reimagine hotel operations and guest experience management, has raised $33 million in funding. The Series B round was led by global investment firm Battery Ventures.

8) Revolut has announced three new senior hires as it continues to bolster its management in response to controversy earlier this year. Wolfgang Bardorf, formerly of Deutsche Bank and Goldman Sachs, is joining the company as treasurer, Revolut said on Friday. Stefan Wille, a former VP at challenger bank N26 and ex-Credit Suisse banker, has been appointed as deputy chief financial officer.

9) Israeli startup JoyTunes, which develops a musical learning app, announced on Tuesday that it raised $25 million in a round led by Tel Aviv-based venture capital firm Qumra Capital.

10) Germany’s cartel office said on Monday it would appeal a regional court decision to suspend restrictions it had placed on Facebook’s data collection practices to the country’s highest court.

Podcast: Podcast #132: DeepMind and Google, Starship Technologies’ funding, location-sharing apps, the European Future Fund, and more

Bonus link: How VCs cover Europe (Vincent Jacobs on Medium)

Follow the developments in the technology world. What would you like us to deliver to you?
Your subscription registration has been successfully created.