This week, the Tech.eu research team tracked 75 tech funding deals worth over €1.4 billion, and more than 20 exits, M&A transactions, and rumours across Europe.
As always, we are putting all of them together for you in a list sent in our round-up newsletter next Monday (note: the full list is for paying customers only, and also comes in the form of a handy downloadable spreadsheet).
We've also recently announced a whole bunch of confirmed speakers for our upcoming Tech.eu Summit on 17 May in Brussels. Check out more info here and get your tickets now!
From the likes of European Commissioner Mariya Gabriel to world-record breaking pilot Zara Rutherford, Belgian Prime Minister Alexander De Croo, (Transfer)Wise co-founder and CEO Kristo Käärmann, unicorn CEOs and builders from Bunq, Veriff, Scandit, GoStudent, Deliverect, Solarisbank, Sorare, Voi, and investors from Index Ventures, Molten, Lakestar, Speedinvest, Localglobe, Blossom Capital, eFounders and many more - we can't wait to meet them and you there in person!
Below, please find an overview of the biggest European tech news items for the past couple of days (subscribe to our free newsletter to get this round-up in your inbox every Monday morning).
What happened this week in European Tech?
>> Notable and big funding rounds
Swiss compensation management software beqom has secured $300 million in a private equity round via Sumeru Equity Partners.
Making a splash on the German solar mafia scene, we’ve got a new horse in the race with Hamburg-based 1Komma5° securing €200 million in a new funding round.
Brussels-based provider of data and analytics to commodity traders, Kpler has received $220 million in equity funding. The round was led by Five Arrows and Insight Partners.
UK-based Capital on Tap has secured a $200 million funding facility with HSBC and Värde Partners to support their continued US growth.
Bringing financial wellbeing to frontline workers streams in $175 million for London-based financial wellbeing app Wagestream.
Berlin-based food supply chain management platform Choco has raised $111 million in a Series B2 funding round at a valuation of $1.2 billion.
London-based digital financing platform Stenn has raised $50 million in equity funding from US investor Centerbridge to reach a $900 million valuation.
London-based startup IMMO has raised $75 million in funding as it uses a tech-enabled and data-driven approach to building scalable residential exposure for investors.
Revenue-based financing startup re:cap said it had welcomed Mubadala Capital on board as a new investor as it announced the close of its extended seed round at $115 million.
>> Noteworthy acquisitions, mergers, IPOs and SPAC deals
Looking to further fuel its software development for automated driving solutions, Bosch has announced the acquisition of Cambridge-based self-driving software maker Five.
Berlin-based co-living company Habyt has announced its merger with Asia Pacific player Hmlet to consolidate its position globally in the ever-burgeoning co-living market. Following the merger, the new group will manage over 8,000 units worldwide and support 15,000 tenants every year.
With over 2,500 deals globally worth a total of $324 billion, technology-related M&A deals have by far been the most active sector in 2022. Strengthening its technology-focused dealmaking team during a boom period for the sector, Madrid-based mid-market investment bank Alantra has acquired a minority stake in French boutique firm Avolta Partners.
A content experience platform powering billions of personalised interactions around the web has swooped to acquire London-based Bibblio.
Inching closer to predicting human behaviour in a better manner, Denmark-based applied neuroscience company Neurons has acquired two of its competitors, VisualEyes and Loceye from Greece.
>> Interesting moves from investors
Dublin-based venture capital firm Delta Partners has announced the launch of a €70 million fund to target seed and early-stage startups.
Atomico has announced the first 8 angels for its 2022 "Angel Programme".
A new program to support innovative Greek startups is implemented by the Hellenic Development Bank of Investments; €100 million will be invested through the ‘InnovateNow‘ programme in new venture capital investment funds.
BNP Paribas has made its first investment in a fintech venture capital fund run by Anthemis.
>> In other (important) news
As Russia wages war in Ukraine, NATO has fleshed out plans for a network of technology accelerators and test labs, paired with a €1 billion venture fund.
Eindhoven, Netherlands-based PhotonDelta has conditionally* received a €1.1 billion investment that is aimed at building some 200 startups, scaling up production, further infrastructure development, and creating new ways and methods in which to use photonic chip technologies.
Backed by Amazon Web Services (AWS), Google and DeepMind, SiteGround and $100 million from the Bulgarian government, a new institute will open up in Sofia, Bulgaria in September to advance state-of-the-art Artificial Intelligence (AI) and computing at large through open research.
Apple faces an additional EU antitrust charge in the coming weeks in an investigation triggered by a complaint from Spotify.
The European Research Council (ERC) has asked successful applicants based in the UK to move to an EU institution within the next two months, or else give up their grants.
UK-based fintech startup Banking Circle is in discussions with investors to raise funding at around a $3 billion valuation.
Telecoms equipment maker Nokia is pulling out of the Russian market.
>> Recommended reads and listens
Since their country invaded Ukraine, Russian tech workers have left by the thousands.
Why does Germany have such a hot solar-startup scene?
London’s IPO market has plummeted – here’s why.
Lifting the veil on the agenda: What we're gonna be deep-diving into at the Tech.eu Summit.
How Embracer became Europe’s biggest gaming group.
Ahead of the Tech.eu Summit, CEO of deeptech venture programme Conception X Riam Kanso explains why PhD students are perfectly placed to become startup founders.
Regulation is the only way to make online platforms serve society, MEP says.
Berlin-based collaborative presentation creator Pitch has launched a new analytics tool that means “no more sending your deck out blindly and wondering how it landed."
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