These were the 10 biggest European tech stories this week


Happy Friday!

This week, our research team tracked over 60 tech funding deals worth more than €580 million, as well as a bunch of M&A transactions across Europe, including Russia, Israel, and Turkey.

We listed every single deal in our weekly newsletter. Here’s an extra overview of the 10 biggest European tech news items for this week:

1) Belgium/US-based data governance technology company Collibra has raised $100 million from CapitalG, Google’s growth investment arm, giving it a post-money valuation north of $1 billion.

2) US chipmaker Intel has bid about $5.5 billion to acquire Israeli big data connectivity company Mellanox Technologies.

3) South African internet conglomerate Naspers took full control of Russia-based Avito through a new $1.16 billion all-cash investment to top up its ownership to more than 99 percent.

4) Leuven-headquartered mobile app security startup Guardsquare has secured $29 million in a funding round from Battery Ventures, which purchased a majority stake in the company. This is Guardsquare’s first round of institutional financing since the startup’s launch in 2014.

5) Uber and Cabify suspended their operations in Barcelona this week after the Catalan government announced new rules requiring vehicles to be booked with at least 15 minutes’ notice. The regulations were put in place following pressure from taxi drivers.

6) South Korea multinational Samsung Electronics has acquired Israeli startup Corephotonics, which brings high quality camera images to smartphones, for $155 million.

7) France’s competition regulator on Thursday ordered Google to review its policies and procedures for blocking certain ads, saying that its actions against French firm Amadeus may have been anti-competitive.

8) France-based Contentsquare, which provides a SaaS digital experience insights platform, has raised $60 million in a Series C funding round led by Eurazeo.

9) Zurich-based startup Loanboox has landed a €20 million Series B funding round at a valuation of €110 million from several investors, including Deutsche Kreditbank AG and the LGT Group.

10) Dattaca Labs, an Icelandic entrepreneurial hub, has launched Iceland Venture Studio, a seed/pre-seed fund of $5 million that invests in startups and works alongside them to help with prototyping, customer validation, and hiring.

Podcast: Podcast #103: Google’s fine in France; the Copyright Directive; a hot January for Icelandic startups; interview with Startupbootcamp’s Raph Crouan; and much more

Bonus link: European Tech Report 2018: startup funding slightly down year-over-year to total €24.7 billion across 3,000 deals, but exits are way up

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