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 70 tech funding deals worth more than €800 million, as well as over 10 M&A transactions, rumours, 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) Worldline has agreed to buy rival Ingenico in a €7.8 billion deal the French technology companies say will form one of the largest payment-services providers.

2) Kinéis, a spin-off business from France’s national space agency, has raised €100 million in funding in order to launch a constellation of 25 ‘nano-satellites’ to serve the growing Internet of Things market.

3) European VC A/O PropTech has announced a €250 million fund to invest permanent capital in proptech startups transforming the real estate market.

4) Graphcore, a Bristol,UK-based startup backed by BMW and Microsoft that is building artificial intelligence microchips, has tapped investors for $75 million to accelerate its growth.

5) After receiving a $40 million capital injection last year, Russian online video company has plans to go public on NASDAQ this year.

6) Aiven, a Helsinki-based cloud technology startup, has raised a $40 million Series B round led by the Silicon Valley-based Institutional Venture Partners (IVP), with participation from Earlybird and other investors.

7) UK fintech startup Rimilia has raised $15 million in funding, with participation from Eight Roads Ventures, Kennet Partners and Silicon Valley Bank, to fuel expansion across Europe and North America.

8) Spotify made yet another big-budget purchase aimed at getting a lead in the growing podcast industry: the streaming music company has agreed to a deal to purchase The Ringer.

9) Dixa, a Danish customer service platform, has raised $36 million in Series B funding, led by Notion Capital, with support from existing investors Project A and SEED Capital. Founded in Copenhagen in 2015, Dixa wants to help brands connect with customers and agents in a conversational way.

10) French gaming giant Ubisoft has acquired 75 percent of Berlin-based Kolibri Games, a top developer of mobile free-to-play games and one of the leaders of the “idle” games genre.

Podcast: Podcast #154: Airline innovation

Bonus link: How can Europe win the global startup war? (Ross Sheil)

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