Hello!
We hope you're enjoying the holiday break, but if that includes staying up-to-date on all things European Tech for you, here's what happened today in this part of the world:
Deals
- Funderbeam, an investment marketplace born in Tallinn but now based in London, announced it will continue operating in the European Economic Area post-Brexit, thanks to a new licence from its home country.
- Even after Brexit, some EU startups are choosing to move their headquarters to the UK. Namely Ondato, a Baltic digital identity business that plans to expand into other European countries in the next year.
- Brixton-based sustainable commerce startup reboxed has raised £500,000 in pre-seed funding this year, including a recent round of £350,000 from angel investors. The platform just launched in September, kicking off the London company’s ambitious (and admirable) sustainability goals.
- 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
- Uri Levine is convinced that Google's acquisition of Israeli mobile navigation app developer Waze for $1.1 billion in 2013 inspired a wave of local startups to aim higher than ever before. Israel currently boasts around 50 unicorns, which is 10% of the world's companies that are valued at over $1 billion, and Levine believes that Waze has a lot to do with that.
- Britain will take part in Horizon Europe – but how will it work? A look at the fine print. (Science Business)
- Report: Israeli tech IPOs on the rise as M&As drop by over 50% in 2020 (Calcalist)
- Seedcamp's 2020 Year in Review
- 5 Amsterdam-based fintech startups that were launched in 2020. (Silicon Canals)
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