Today in European Tech: Uber found 'fit and proper' to operate in London (for now), and other deals/stories that caught our eyes

Today in European Tech: Uber found 'fit and proper' to operate in London (for now), and other deals/stories that caught our eyes

Hello! Here is what happened today in European tech:


- Epic Games has acquired UK-based SuperAwesome, a company that powers kid-safe internet technology.

- Acin, the UK-based data standards firm that is digitising operational and non-financial risk, has secured $12 million in Series A funding. The funding round was led by leading European SaaS investor Notion Capital.

- According to an announcement by Group on the London Stock Exchange, the Russian Internet giant plans to raise $600 million: $200 million in global depositary receipts (GDRs) to raise capital and $400 million in convertible bonds.

- Urban, a London, UK-based provider of an on-demand wellness app, raised £5.9 million on crowdfunding website Seedrs.

- EIT InnoEnergy has announced a €4.2 million investment in Slovenia's Elaphe Propulsion Technologies, which offers electric in-wheel-drive technology for EVs.

- Johnson Hana, a technology-enabled Irish on-demand corporate lawyer firm and managed legal services consultancy, has raised $4 million led by BVP, a specialist EIIS fund.

- Riskbook, a UK-based independent provider of reinsurance technology, announced today that it had received new investment of £2 million to further develop its digital placement platform. Investors include Episode 1 Ventures, MMC Ventures and Seedcamp.

- Winterthur, Switzerland-based startup Luckabox, which provides a platform for contemporary last mile delivery options has closed a 'seven-figure pre-series A round'.

- Psykhe, a London, UK-based fashion recommendation and personalization platform, raised $1.7 million in seed funding.

- French foodtech startup Ma Bonne Etoile has raised €1.8 million from One Creation investment cooperative, and the Maif Social and Solidarity Investment fund.

- We also tracked a large number of (other) European tech funding rounds and M&A transactions, all of which we are putting in a handy list for you on Friday afternoon in our weekly roundup newsletter (note: the full list is for paying customers only). Also check out our European tech news section for ongoing coverage.

Worth Knowing

- Uber won its legal fight to continue operating in London, as a judge overturned a ban on the ride-hailing app by the city’s transport regulator and granted it a new 18-month license.

- Online platform giants may no longer be defined merely as ‘hosts,’ the EU’s Internal Market Chief Thierry Breton suggested today, as the bloc is making a concerted effort to regulate the digital economy.

- Sberbank, Russia’s state-owned bank, is rebranding to “Sber” as it invests big in its revamp to become a technology company. The bank says the move marks the “largest transformation” in its 179-year history.

- The European Commission has outlined its vision for a European Digital Identity, which would seek to provide a ‘trusted and secure’ form of online identification for the use of public and private services, according to documents obtained by EURACTIV.

- A survey of responses from more than 30 companies to questions about how they’re approaching EU-US data transfers in the wake of a landmark ruling by Europe’s top court in July, which struck down the flagship Privacy Shield over US surveillance overreach, suggests most are doing the equivalent of burying their head in the sand and hoping the legal nightmare goes away.

- Berlin-based mobile bank N26 has appointed Dropbox executive Adrienne Gormley chief operating officer and ex-Adidas human resources SVP Diana Styles chief people officer.

- Sifted took a look at 12 European tech startups that are likely to IPO soon.

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