Here is what happened today in European tech:
- Is the Tel Aviv Stock Exchange about to get its first unicorn? Herzliya-based fintech company Nayax is planning to go public on TASE in the second quarter of 2021 at a valuation of $1 billion.
- Bizzabo, an Israeli-born events platform, has raised $138 million in Series E funding. The investment is led by Insight Partners, with participation from previous investors Viola Growth, Next47 and OurCrowd.
- Monzo, the UK challenger bank now with more than 4.8 million customers, has closed another £60 million in funding, priced the same as and effectively an extension of the its previous -up round in June (which valued the company at around £1.2 billion).
- Pan-European VC firm Target Global has reached first close on a new €300 million fund, with the firm looking to invest in fintech, SaaS and wellness startups. The firm hopes to close the fund at €400 million by next summer.
- Munich-based GreenCom, an IoT startup focussed on home energy management, has closed a €12 million funding round to expand internationally. Lead investor Shell Ventures and Japanese VC firm Energy & Environment Investment (EEI) have joined previous backers such as Centrica, E.ON’s Future Energy Ventures, Munich Venture Partners and SET Ventures.
- Valencia-based Jeff, a tech startup that enables aspiring micro-entrepreneurs to offer home-delivered laundry and dry cleaning, hairdressing, beauty, fitness and wellness services to others, has scored $21 million in funding as it prepares to enter the US market.
- Ziglu, the payments app from former Starling Bank co-founder and CTO Mark Hipperson, has paying customers only). Also check out our European tech news section for ongoing coverage.
- A consumer advocacy group is suing Apple for about €180 million in four European countries for allegedly duping users into downloading updates that deliberately slowed down their iPhones.
- The European Commission’s ‘market investigation tool’, expected to feature as part of the upcoming Digital Markets Act, will be scaled-down and its powers limited, after the EU executive’s internal review panel raised concerns over its operation, two sources close to the matter have told EURACTIV.
- Scale-up operating model: insights from Jacob Quartier of sales enablement platform Showpad
Tell us what you think about this daily roundup and how we can improve it!
And follow us on Twitter of course.
Would you like to write the first comment?Login to post comments