This week, our research team tracked more than 75 tech funding deals (equity and debt) worth over €1.9 billion, and over 15 exits, M&A transactions, and rumours, and related news stories 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 got some news for you: we're already gearing up for the second edition of the Tech.eu Summit! Save the date: 24 May in Brussels. We have a super early bird offer running that gets you 2 tickets for the price of 1.
Also: we've made all the videos from the Tech.eu Summit last May available as a playlist on our YouTube channel - enjoy!
With that said, let's got down to business with 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).
What happened this week in European Tech?
>> Notable and big funding rounds
Parisian customer experience platform Contentsquare has raised $400 million in a Series F financing round that is complemented by $200 million in debt financing.
After laying off 100 staff members less than two months prior, healthcare provider Kry has taken on more than $160 million in a venture round.
In a split of €100 million in equity and €300 in debt funding (really a €190 million extension of an existing raise), after conquering Italy, Spain, and Portugal, Casavo now sets its sights on France.
Finland-based deep tech startup IQM Quantum Computers (IQM) has raised €128 million in Series A2 funding to further speed up building superconducting quantum computers.
Carbfix, the climate innovation company that turns CO2 into stone, has received approximately $117 million from the European Union’s Innovation Fund.
Fonoa, an Irish tax automation startup founded by three former Uber staffers, has raised $60 million in a round led by hedge fund Coatue.
>> Noteworthy acquisitions, mergers, IPOs and SPAC deals
All-in-one finance solution for SMEs and freelancers, handling everything from everyday banking and financing to bookkeeping and spend management, Qonto, has announced its intentions to acquire Berlin’s competing service, Penta. The financial terms and conditions of the deal were not disclosed.
Acast, the Swedish tech company that helps businesses and individuals publish and monetize podcasts, has announced plans to acquire podcast database Podchaser.
SAP has announced the acquisition of Askdata for an undisclosed amount to tap the growing demand for data and analytics solutions.
Software giant The Access Group has acquired a CRM platform for wholesalers. ProspectSoft, based in Oxfordshire, helps wholesale, distributor and manufacturing businesses to grow.
>> Interesting moves from investors
Oxford Science Enterprises (OSE), the independent investment company created to found, fund and build transformational businesses via its unique partnership with the University of Oxford, has raised £250 million in funding.
London-based technology venture capital firm VEKTOR PARTNERS has unveiled a €125 million fund to invest in this revolution in the global mobility industry.
eFounders' mid-year update: three unicorns, one centaur and a combined portfolio valuation of $5 billion
Munich-based venture capital firm for additive manufacturing AM Ventures has wrapped up a €100 million fund to transform the world with industrial 3D printing hardware, materials, software, and applications.
Parisian powerhouse Partech has announced a slew of internal promotions. Andrew Whiting ascends to the level of Partner, Laetitia Marcadé and Luis Zarate now add Senior Associate to the titles, and Alexis Lancien is now an Associate.
Berlin-based early-stage deeptech specialist investor Lunar Ventures has appointed Alberto Cresto to the role of General Partner.
>> In other (important) news
The UK government has published its plans to regulate the use of artificial intelligence (AI) which would see it depart from the EU's strategy to establish a centralised body to oversee the use of technology.
The European Commission is to face a lawsuit over allegations it is violating its own data protection rules when transferring citizens’ personal data from one of its websites to the United States.
Russia fined Google 21.1 billion rubles ($374 million) on Monday for repeatedly failing to “remove prohibited information” — content related to the country’s invasion and subsequent war in Ukraine.
The Dutch central bank has fined cryptocurrency exchange Binance €3.325 million for offering its services in the Netherlands without registration.
Japanese conglomerate SoftBank has put plans to list semiconductor firm Arm on the London Stock Exchange on hold due to the political uncertainty caused by the resignation of Prime Minister Boris Johnson and more than 50 of his MPs.
Judges with the Competition Appeal Tribunal have told the UK’s competition regulator, the Competition and Markets Authority (CMA), to reconsider its previous ruling telling Meta to sell Giphy.
A Swedish non-profit organization focused on improving the mental-well being of young adults has attracted €100 million euros in funding from its founders, Annika Sten Parson and Par-Jorgen Parson.
>> Recommended reads and listens
Did no one tell Europe the party is over?
Google's $5 million solution to Europe's biggest tech talent problem – investing in the Three Seas Region
The delay to the UK online safety bill won’t make it any easier to please everyone
European Innovation Council heavily criticised in parliament report
The potential of Web3 in shaping the future of financial services: A conversation with 11:FS expert Mauricio Magaldi