This week our research tracked more than 80 tech funding deals worth over €1.1 billion. We saw over 5 exits and M&A transactions on the other end of the spectrum.
We also released our November 2023 report which provides a comprehensive analysis of last month's deals, mergers and acquisitions, geographic performance, and much more. If you haven't grabbed your copy yet, head on over here.
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
🇬🇧 ZeroAvia announces completion of $116M Series C round
🇩🇪 Sport Alliance announces a further $100M commitment from PSG
🇫🇷 Mylight150 raises €100M to promote electricity production in homes
🏽🏻 Noteworthy acquisitions and mergers
🇸🇪/🇬🇧 Luxor Capital Group acquires bankrupt Volta Trucks
🇩🇪 New York-based hedge fund Yorkville acquires Sono Motors
🇳🇱 Sastrify acquires competitor Pengu
🚀 Interesting moves from investors
🇫🇷 Eurazeo raises €3.2B for private debt
🇬🇧 Molten Ventures acquires Forward Partners in £41M deal
🇫🇮 Finnish entrepreneurs launch Failup Ventures with €30M initial closing
🇬🇧 Bethnal Green Ventures announces first close of newest tech for good fund at £33M
🇬🇧 Oxx closes second fund generation at $190M for European B2B SaaS companies
🗞️ In other (important) news
🇪🇺 Atomico's State of European Tech 2023 report
🇩🇪 Scooter startup Tier lays off 22 percent of workforce to reach profitability
🇪🇺 AI Act: Spanish presidency makes last mediation attempt on foundation models
🇳🇴 TikTok pledges €12B European investment over 10 years as work on Norwegian data center begins
🇬🇧 Klarna gets full UK approval to offer credit and payments, but BNPL goes unregulated
📡 Recommended reads and listens
🇪🇺 November 2023 report: A glimmer of hope and a glimpse of normality
🇬🇧 Monzo co-founder wanted challenger bank sold in 2020
🇬🇧 “There is no entrepreneurial gene”, says top VC and author of Start-up Century
🇵🇱 Poland makes case to be Europe’s next tech powerhouse
🇪🇺 Growing up with European tech: A decade of Tech.eu
🔭 European tech startups to watch
🇳🇱 Vesper's AI-driven agricultural commodity platform raises Series A funding
🇺🇦 SaaS startup Getpin secures $400,000 seed funding
🇳🇱 HULO.ai secures €800,000 investment for AI-driven water conservation
🇨🇭 Social Links invests $1M in Brightside AI to fight social engineering cyberattacks
🇩🇰 BeCause raises $1.9M for sustainability data management in travel industry
Lead image: benzoix