This Week in European Tech: Moonpig and AUTO1 went public, Just Eat Takeaway raised €1.1 billion, and much more

This Week in European Tech: Moonpig and AUTO1 went public, Just Eat Takeaway raised €1.1 billion, and much more

Happy Friday!

This week, our research team tracked about 90 tech funding deals worth over €2.75 billion, and more than 20 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 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) AUTO1 went public with a bang

Shares in used-car trading platform AUTO1 raced ahead in their stock exchange debut on Thursday, as Germany’s first big IPO of the year was snapped up by tech-hungry investors. The shares opened in Frankfurt at 55 euros a share, valuing the nine-year-old Berlin startup at €7.9 billion.

2) Dutch food delivery giant Just Eat raised €1.1 billion

Just Eat, the Amsterdam-based food ordering and delivery juggernaut, has raised €1.1 billion through a two-tranche convertible bonds offering, for general purposes but also to bankroll “strategic opportunities which may arise”.

3) Payoneer is en route to an IPO, via SPAC

Israeli fintech powerhouse Payoneer has entered into a definitive agreement with Nasdaq-listed SPAC FTAC Olympus Acquisition Corp. Once the reorganization is complete, the merged company will begin trading at an implied estimated enterprise value of approximately $3.3 billion.

4) Software scale-up UiPath was valued at €35 billion

Romania-born UiPath has raised $750 million in a funding round that values the automation software maker at $35 billion. The round was led by Alkeon Capital and Coatue.

5) Applovin bought Berlin's Adjust for $1 billion+

Applovin, the mobile ad platform and games publisher that is rumoured to be going public in 2021, has acquired Adjust, the Berlin-based mobile advertising attribution company. Terms of the deal were not disclosed, although there a number floating around between $1 billion and $1.2 billion in a combination of cash and stock.

6) Moonpig valued at £1.2 billion in London IPO

Online greeting card retailer Moonpig saw its shares rise by 25% within minutes of pricing its London IPO on Tuesday, underlining bullish investor appetite and setting the stage for other e-commerce companies to follow. The listing price valued the company at around £1.2 billion ($1.64 billion).

7) Wine marktplace Vivino raised $155 million in funding

Denmark-born wine recommendation and marketplace Vivino has raised $155 million in a Series D funding round – a sum over twice as large as all of its previous funding to date.

8) EU claimed court errors in bid to overturn €13B Apple tax judgment

EU antitrust enforcers have claimed a court made legal errors when it scrapped their order for iPhone maker Apple to pay €13 billion in Irish back taxes, in a filing to have the verdict overturned.

9) Eurazeo raised $340 million for a new fund

Private equity and venture capital firm Eurazeo has pulled in an additional €340 million from a group of international investors.

10) Box went shopping in The Netherlands, picked up SignRequest

Box, a publicly traded cloud content and storage company, plans to spend $55 million to acquire Dutch startup SignRequest, a cloud-based electronic signature service. The deal should close by the end of April.

Podcast: Podcast #205: Aline Muylaert of CitizenLab, money for wine and robots, European IPOs pop, and more

Bonus link:

A January in European Tech

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