🇩🇪 The first German developer of quantum computers, eleQtron has raised over €50 million in new funds, including venture capital from Earlybird and Siegerlandfonds.
🇸🇪 Polestar obtained $1.6 billion in financing support from its two major shareholders
🇩🇪 Volkswagen sells its electric car-sharing service, WeShare to Miles Mobility. Here's why.
🇵🇹 Web Summit? That's 71,000 people too many.
🇸🇪 Sweden’s STILRIDE is anything but still, rides ahead with €3.7 million
🇩🇪 Billed as the first European ClimateTech Entrepreneur in Residence programme, Atlantic Labs and FoodLabs launch Founders for Climate initiative
🏴 / 🇩🇪 Not quite dead yet, but Made.com has indicated that they're headed towards administration, and German nappy service provider Windeln.de has filed an application for insolvency proceedings
🇩🇪 Now closing in on close to $1 billion raised, Volocopter lands another $182 million in second signing of Series E round
🇪🇺 According to the Tech.eu database, European tech companies raised €5.7 billion in total in October, recording a €1 billion decline compared to the total amount raised in September (€6.7 billion).
All this and a whole lot more on this week's episode of the Tech.eu Drive at Five!