Happy Friday!
This week, our research team tracked 108 funding deals totalling about €2.9 billion, as well as 36 exits 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 round-up newsletter (note: the full list is for paying customers only).
Recently, we also started publishing 'Today in European Tech', a daily round-up 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 round-up we give you an overview of the biggest European tech news items for the past week (subscribe to our free newsletter to get this round-up in your inbox every Monday morning).
This week:
1) Tallinn-based Bolt has raised €600 million in a Series E round. The company which started out life as a ride-hailing app (Taxify) has been rolling out a bevy of services including car-sharing and micromobility options, as well as food delivery services. The new funding signals Bolt’s further expansion, this time into the ultra-competitive q-commerce grocery delivery market. To date, Bolt has brought home over €1 billion in funding.
2) London’s virtual events platform Hopin has added another $450 million to the coffers via a Series D funding round. Since February of 2020, the company has raised over $1 billion.
3) France-born Dataiku has raised $400 million in a Series E round led by Tiger Global, giving the company a valuation of $4.6 billion. The platform provides a number of tools for enterprise customers to bring data scientists and non-coder teams to the same table.
4) Meeting the global demand for digital payments infrastructure, London-based Rapyd has raised $300 million in a new funding round. The company is planning to further invest in its product offerings, as well as target growth opportunities through a series of acquisitions.
5) Groupe Bruxelles Lambert (GBL) has acquired a minority stake in Parisian hypercasual mobile games developer Voodoo. Valued at €1.7 billion, GBL’s €266 million investment will represent a 16% stake in the company.
6) London-based Health and wellness apps startup Palta has raised $100 million in a Series B round led by Per Brillioth at VNV Global, with the participation of Target Global and other existing and new investors.
7) Siemens Mobility said on Thursday it had signed a deal to acquire Sqills, a Netherlands-based rail software company, for $650 million. The deal highlights an amplified interest in intercity rail worldwide as the impacts of climate change become more apparent and a new wave of technologies become available.
8) Stockholm-based Segulah Advisor is selling translation and language-technology business Semantix to TransPerfect Global, which will pay roughly $100 million for the company according to media reports.
9) London-based Element Ventures has closed a $130 million fund that will invest in B2B fintech startups at the Series A and B stages. The fund is backed by NEX Group founder Lord Spencer, as well as Isomer Capital, Ullink founder Laurent Useldinger and others.
10) Vienna-based marketplace for refurbished electronics Refurbed has raised $54 million in a Series B funding round. Refurbed is addressing the significant environmental impact of the electronics industry, and put more usable tech back out into the market.
Podcasts:
Bringing robotic keyhole surgeries across the world — with Per Vegard Nerseth, CEO of CMR Surgical
Family approach in European gaming and e-sports industry — with Arnd Benninghoff, MTG
Bonus links:
- European startups are booming. So why is Brussels still obsessed with Big Tech?
- France has hit Google with fines totalling €720 million this year. The money is meaningless – but the changes could be profound.
- How to win the fierce wars for tech talent: tips from startup recruitment experts.
- How Google quietly funds Europe’s leading tech policy institutes: The search giant has provided tens of millions of pounds of funding to academics investigating issues closely related to its business model.
- An opportunity for startups: Will the EU’s new climate package turn the tide on emissions?
- Well over 100 employees at Amazon Prime Air have lost their jobs and dozens of other roles are moving to other projects abroad as the company shutters part of its operation in the UK, WIRED understands. Insiders claim the future of the UK operation, which launched in 2016 to help pioneer Amazon’s global drone delivery efforts, is now uncertain.
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