Hello! Here is what happened today in European tech:
Deals
- Copenhagen-based LogPoint, which provides cybersecurity automation and analytics solutions to help companies make better security, compliance and business decisions, has raised $30 million in Series B funding.
- French fintech startup October (formerly Lendix) has raised some fresh capital in a non-equity funding round to invest in small and medium companies on its lending platform. Overall, the company has gathered $300 million from various partners that will be deployed over the next few years.
- Israeli behavioral biometrics company BioCatch announced that four major global banks - Barclays, Citi, HSBC and National Australia Bank - have invested $20 million in the company, expanding its recent Series C financing round to $168 million.
- Iceland's Controlant, a maker of digital supply chain visibility solutions, has raised $15 million in Series B funding. Participating in the round were current shareholders, local institutions like insurance companies Sjóvá and VÍS, as well as private investors and family offices.
- Bamboo Systems, a Cambridge, England-based Arm-only server vendor, has secured $7 million in funding. The round was led by existing investors Seraphim Capital and Opea Holding with support from the UK’s £1.25 billion Future Fund.
- TetaVi, an Israeli startup that makes 3D holograms, has just secured $6 million in new funding, and it’s got its sights set on a new area for holography — social media, and TikTok in particular.
- Smart ridesharing solutions company Via has acquired Israeli startup Fleetonomy, according to Globes sources close to the deal, which is estimated at $15-25 million.
- IriusRisk, the Spanish company behind a threat modelling platform for application security, has raised $6.7 million in Series A funding. Global cyber investor Paladin Capital Group led the round, with participation from 360 Capital Partners and existing investors Swanlaab, JME Ventures and Sonae Investment Management.
- Impress, a digital orthodontics company, announced today that it closed a €5 million seed round with strategic, angel, and venture capital investors. Participating in the round were TA Ventures, Bynd VC, Sabadell VC and several European VC angels.
- HomeDoctor, a Warsaw, Poland- and Amsterdam, The Netherlands-based digital healthcare provider, has raised €3.7 million in Series A funding. The round was led by Cogito Capital Partners with participation from the company’s founders.
- Element, the company behind the eponymous Matrix-based Slack competitor (formerly known as Riot) has acquired developer-focused chat platform, Gitter, from dev services giant GitLab, which picked it up back in 2017.
- Emjoy, the Barcelona-founded audio-based intimate wellbeing startup, today announces that it has raised €2.5 million in seed funding in a round led by JME Ventures, with existing investor Nauta Capital participating.
- 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
- A revised mechanism allowing companies to transfer Europeans’ data around the world may be ready before Christmas, the EU’s digital chief said on Wednesday, in a move aimed at ending the legal uncertainty triggered by a EU court ruling in July.
- Keith Morgan, chief executive of the British Business Bank, has raised concerns about the Future Fund over in the UK. The Fund makes loans of up to £5 million to startups struggling due to COVID-19. These loans can then be converted into equity at a later date. “The overriding fact is that the value for money outcome from this scheme is highly uncertain,” Morgan said.
- Barcelona-based business travel SaaS startup TravelPerk has launched an open API-based platform to let its customers and partners build custom integration and apps.
- Platform giants will be prohibited from using the data they collect online unless they make this data available for use by smaller platforms, according to a draft of blacklisted practices, seen by EURACTIV, as part of the European Commission’s forthcoming Digital Services Act.
- The Monetary Authority of Singapore (MAS) has directed Wirecard entities over there to cease their payment services in Singapore.
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