This week, our research tracked more than 95 tech funding deals worth over €1 billion. We saw over 10 exits and M&A transactions on the other end of the spectrum.
In addition to this week's top financials, we've also indexed the most important/industry-related news items you need to know about.
If email is more your thing, you can always subscribe to our newsletter and receive a more robust version of this round-up delivered to your inbox.
Either way, let's get you up to speed.
💸 Notable and big funding rounds
🇬🇧 iwoca secures £200M debt facility to help bridge SME funding gap
🇬🇧 Uncapped secures £200M to expand its services to US and European entrepreneurs
🇩🇪 EV charging station with integrated battery storage company Numbat raises €140 million
🫱🏽🫲🏻 Noteworthy acquisitions and mergers
🇬🇧 Property portal OnTheMarket surges 53 percent on $120 million takeover by CoStar
🇬🇧 Pole Star Global enhances maritime intelligence with StratumFive acquisition
🇫🇷 French VC firm Founders Future acquired an equity crowdfunding platform, Sowefund
🚀 Interesting moves from investors
🇸🇪 EQT raises nearly €20B for latest flagship fund
🇬🇧 Tech Nation is back with £10B private investment and support for disabled founders
🇫🇷 Breega launches €150M 'Europe Seed III' fund to boost early-stage startups
🇬🇧 UK Government invests £200M in green Projects for zero-emission HGVs
🇩🇪 General Catalyst and European early-stage fund La Famiglia ‘join forces’ to invest in European startups
🗞️ In other (important) news
🇫🇮 Nokia to downsize workforce by 14,000 following Q3 2023 sales drop
🇬🇧 Britishvolt aims to supply batteries to Australian military
🇸🇪 Unplugged: Volta Trucks files for bankruptcy impacting 800 employees
🇩🇪 SAP gains most in 11 months after cloud backlog surges
🇪🇺 MEPs approve EU tech fund, want full-scale sovereignty fund in the future
📡 Recommended reads and listens
🇵🇹 Fintech leaders review Web Summit speaking gigs following founder’s Israel “war crimes” claim
🇪🇺 European venture capital in 2023: Insights from PitchBook's Q3 report
🇳🇱 How the Amsterdam Dance Event shapes the global electronic music scene
🇬🇧 UK government’s Future Fund scheme “imperfect” but “critical form of support” to Covid-impacted startups say crowdfunding platforms
🇪🇺 Double-digit million-pound losses at two European open banking startups, but revenues increase
🔭 European tech startups to watch
🇬🇧 Hospitality HRtech startup Slinger raises £500,000 to make the CV obsolete
🇹🇷 Gamester Kids received an investment of $850,000
🇩🇪 Zeedz raises $1M seed funding for its climate change fighting game
🇧🇪 Introw raises €1M to boost AI-driven sales solutions
🇫🇷 Fentech raises €1.2M for its sales forecasting solution helping retailers fight inflation
Lead image: Photo by Solen Feyissa
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