These were the 10 biggest European tech stories this week

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

Happy Friday!

We sincerely hope you and yours are keeping healthy and safe. Please take care of yourself and others.

This week, our research team tracked more than 50 tech funding deals worth just over €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 this week:

1) Following France, Germany has announced a €2 billion 'Corona aid package' for startups.

2) Brussels-based Collibra has closed a $112.5 million round of funding, doubling the company’s unicorn valuation from last year to land at $2.36 billion. The round was led by existing investors, ICONIQ Capital and Index Ventures.

3) Screening Eagle Technologies, a Zurich-based AI software that inspects assets and infrastructure, has raised €52 million in its first round of equity funding. The round was led by an unnamed Swiss family office, with participation from EDBI, a Singapore-based investor, and other individuals.

4) Utrecht, the Netherlands, and Cambridge, Massachusetts-based Gilde Healthcare has closed Gilde Healthcare V, a €416 million venture and growth capital fund.

5) Russian e-commerce platform Ozon has raised $50 million from US-based VC Princeville Capital, plus $100 million from existing investors Baring Vostok Capital Partners and Sistema. The round of financing is a convertible loan that can be turned into equity.

6) The European Commission is monitoring the use of mobile applications used in the fight against the coronavirus pandemic to make sure that the bloc’s “values and rules” are not being infringed upon, Internal Market Commissioner Thierry Breton said on Thursday.

7) — the big hosting provider in Europe with around 1.5 million customers, itself acquired just over a year ago by PE firm Cinven — has acquired Hostnet, a smaller Netherlands-based competitor with about 210,000 customers.

8) Israeli cybersecurity asset management solutions company Axonius has announced a $58 million financing round, its third within a year. The round was led by Lightspeed Venture Partners

9) Preply, a Ukrainian online learning platform, has raised $10 million in a round led by London-based Hoxton Ventures, with participation from Point Nine Capital, All Iron Ventures, The Family, EduCapital, and Diligent Capital.

10) Spotify and Warner Music Group have renewed their global licensing partnership, the two said on Wednesday, confirming that the giant music label’s songs will now be available on the Sweden-headquartered firm’s platform in India.

Podcast: Podcast #162: Kirill Bigai of Preply that’s just raised $10 million; Hjalmar Nordegren of Karma on fighting food waste amidst pandemic

Bonus link: How startups are supporting Europe’s coronavirus efforts (Sifted)

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