Features/Profiles

Today in European Tech: Personio raises $125 million, Heal Capital closes €100 million fund, Bloom & Wild scores £75 million, and more

Robin Wauters 18 January 2021
Today in European Tech: Personio raises $125 million, Heal Capital closes €100 million fund, Bloom & Wild scores £75 million, and more
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Hello!

Here's what happened today in European Tech:

Deals

- Personio, an all-in-one HR platform for small- and medium-sized businesses, has announced $125 million of Series D funding in an investment round that values the German business at $1.7 billion.

- London-based flower and gift delivery startup Bloom & Wild has announced £75 million in new funding after a year that saw 160 percent growth.

- Heal Capital, a young German investment firm that is keen to back European health tech ventures at the early stages of their businesses, has closed on a €100 million fund.

- Maps.me, an offline travel app that includes both routes and local business recommendations, has raised $50 million to add a multi-currency wallet to its platform. Led by Alameda Capital, the round was joined by two cryptocurrency investors, Genesis Capital and CMS Holdings.

- Zurich-based fintech company Numbrs announced it closed a funding round back in December, topping €25 million to roll out a new subscription service and fuel growth in new and existing markets.

- 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 Reading/Knowing

- A long-running investigation in the European Union focused on the transparency of data-sharing between Facebook and WhatsApp has taken the first major step towards a resolution. Ireland’s Data Protection Commission (DPC) confirmed Saturday it sent a draft decision to fellow EU DPAs towards the back end of last year.

- Facebook has started the process of appointing a legal entity as a local representative in Turkey in compliance with a new social media law which critics have said will muzzle dissent.

- Spain’s new taxes on digital and financial services, approved last year, came into force on Saturday (16 January). The first collection is expected in March or April.

- Listed alternative lender Funding Circle is performing better than expected, according to a trading update from the company, with the SME platform expecting to turn a profit of at least £15 million in the second half of 2020.

- The data regulator for the German state of Lower Saxony has fined a local laptop retailer a whopping €10.4 million for keeping its employees under constant video surveillance at all times for the past two years without a legal basis.

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Today in European Tech: Personio raises $125 million, Heal Capital closes €100 million fund, Bloom & Wild scores £75 million, and more
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