Hello! Here’s what happened today in European Tech. Deals – Israeli-British investment platform eToro is set to merge with a SPAC after years of speculation about the fintech firm going public. The company is merging with Betsy Z. Cohen-led SPAC FinTech Acquisition Corp. V, and the listing will give eToro a valuation of around $10.4 […]
If Bitpanda raising $52 million last September raised a few eyebrows here and there, then some people are going to need to sit down for this one. The Vienna, Austria-based fintech scale-up, which provides a brokering/exchange platform for trading digital assets such as cryptocurrencies and precious metals, last week closed a Series B round of […]
Hello! Here’s what happened today in European Tech. Deals – Israeli app monetization company IronSource is on track to becoming a listed company on Wall Street. SPAC Thoma Bravo Advantage will reportedly attempt to raise $1 billion and potentially give IronSource a valuation of $10 billion. – UK-based food delivery service Deliveroo is seeking to […]
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Happy Friday! This week, our research team tracked more than 60 tech funding deals worth more than €1.9 billion, and about 17 M&A transactions, IPOs, rumours, and related news stories across Europe, including Russia, Israel, and Turkey. As always, we are putting all of them together for you in a handy list sent in our […]
DIEM, the UK fintech upstart that’s focusing on the circular economy and building a ‘Bank of Things’, has raised $5.5 million in seed funding from Fasanara Capital, Outrun Ventures founder Chris Adelsbach, Andrea Molteni (an early investor in Farfetch.com), Ben Demiri and Nicholas Kirkwood. DIEM is not be confused with Facebook’s recently renamed crypto project, […]
Estonia-born energy storage startup Skeleton Technologies has raised another €51 million to boost the production of its ‘ultracapacitors’ (basically, batteries on steroids). The funding isn’t coming from institutional investors, we should note; Germany’s Federal Ministry for Economic Affairs and Energy, and the Free State of Saxony, are providing the money so Skeleton can develop new […]