Happy Friday!
This week, our research team tracked about 70 tech funding deals worth over €350 million, along with 30 M&A transactions, rumours, and related news stories across Europe, including Russia, Israel, and Turkey. As always, we are putting all of them together for you in a handy list sent in our Friday afternoon roundup newsletter (note: the full list is for paying customers only).
Recently, we also started publishing 'Today in European Tech', a daily roundup of deals and news stories that caught our attention. Keeping you updated on all things EU tech is our priority!
Today, instead of a daily roundup we give you an overview of the 10 biggest European tech news items for the past week (subscribe to our free newsletter to get this roundup in your inbox every Monday morning):
1)
Estonian energy startup Skeleton Technologies that works on ultracapacitor-based storage solutions has raised €41.3 million in funding. This brings the total amount raised by the company to €93 million.
2)
Italian payments technology firm Nexi is leading negotiations to buy Nordic rival Nets in an all-stock deal worth about $10 billion after trumping competition from U.S. firm Global Payments, four sources told Reuters.
3)
Swedish e-commerce tools startup inRiver has raised $32 million to grow its US headquarters. Founded in 2007, the company has built a product information management system, or PIM, for e-commerce use.
4)
UK-based meal kit startup Gousto has raised £25 million to become the country's latest unicorn. “The valuation is well into unicorn land, which is vanity and not sanity, and doesn’t in any way make me happy,” founder and CEO Timo Boldt told Sifted.
5)
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.
6)
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.
7)
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.
8)
Intel has acquired Israel-based Cnvrg.io, an online platform where data scientists can build and run machine learning models. The parties did not disclose any details about the deal, except that “…Cnvrg will be an independent Intel company and will continue to serve its existing and future customers.”
9)
Europe's top regulatory body has issued a stinging indictment of the German financial supervisory regime which allowed bankrupt payment processor Wirecard to hoodwink investors for years.
10)
New research from London-based venture fund Notion Capital confirms what we already know: More startups are becoming unicorns, but few have women at the helm.
Podcast:
tech.eu Podcast #194: Meal kits, ultracapacitors, Turkish social media law, and where are all the promised e-residents?
Bonus link:
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