Hello!
Here is what happened today in European tech:
Deals
- Koa Health, a digital mental healthcare provider based in the Netherlands, has announced its successful spin out from Alpha, Telefónica’s startup factory, along with a €14.1 million in new funding. The startup's debut product is Koa Foundations, a mental well-being app helping designed for the workplace, helping organisations support their teams.
- Ozon, Russia’s leading online retailer, has filed for a NASDAQ IPO, in which it aims to raise “at least $500 million.” Ozon is also considering listing its ADS in Moscow along with or shortly after its planned IPO in the United States, Reuters' sources said.
- German fintech startup Vivid Money has raised a €15 million Series A funding round, TechCrunch reports. Built on top of Solarisbank for the banking infrastructure, Vivid Money is a challenger bank with a few nifty features.
- PayPoint, a London-based legacy payments company, will acquire Handepay and Merchant Rentals, two card payments and card terminal leasing businesses in the UK, from a consortium of private investors. The price tag is expected to read around £70 million.
- Irish startup Provizio has raised $6.2 million for a sensor technology that prevents road accidents. The Limerick-based company “is applying AI software and a five-dimensional sensory platform to predict and prevent accidents in real time and beyond the line-of-sight.”
- Spanish firm All Iron Ventures (AIV) has closed its first fund, All Iron Ventures I, with €66.5 million — all from private investors. The firm leads or co-invests in initial rounds, mainly in Series A or before. Initial tickets are typically up to €2 million, with the possibility of follow-on funding.
- UK-based six-month-old fintech startup Snoop has landed £10 million in funding; half of it came through a crowdfunding campaign, and the other half from the Future Fund. Snoop is a financial management app that claims to always be “watching your spending and spotting smart ways you can save.”
- 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
-- French travel startup Evaneos, which has raised more than $100 million in funding so far, is going to cut 50 jobs by the end of this year. This number represents more than 20 percent of its total workforce.
- If you haven't had enough of the Starling vs. Monzo drama yet, check out another take by Yahoo Finance's Oscar William Grut.
- Speaking of banking, HSBC is about to launch a Transferwise rival of its own. Global Money Account — available first in the US — is a free mobile-based service that customers can use to hold, manage, and send funds in various currencies to HSBC customers in over 20 markets around the clock in real time.
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