This week, and for the first time this decade, our research team tracked more than 15 tech funding deals worth more than €250 million, as well as under 10 M&A transactions, rumours, and related news stories across Europe, including Russia, Israel, and Turkey.
Meanwhile, here’s an overview of the 10 biggest European tech news items for this week:
1) Swedish television equipment company Net Insight has sold its consumer streaming business Sye to Amazon for €33 million.
2) A pioneering UK biotech startup has secured a £109.5 million lifeline after it shelved plans for a stock market float. Medtech company Oxford Nanopore raised £29.3 million of new cash and oversaw an £80.2 million sale of shares from existing investors to new ones.
3) British tech firm Receipt Bank, which claims to operate the world’s leading digital bookkeeping platform, has raised $73 million in equity and debt in a Series C funding round led by Insight Partners.
4) Volta Ventures, the venture capital firm investing in the Benelux region, announced an initial close of its second fund, Volta Ventures II, at €35 million. The fund will continue to target early-state internet and SaaS companies in Benelux, comprised of Belgium, the Netherlands, and Luxembourg.
5) German automotive supplier Robert Bosch said Thursday it has developed a sensor that lets cars “see” a three-dimensional view of the road, aiming to lower the cost of technology that could speed the development of self-driving vehicles.
6) Sleep technology firm Simba has today announced it has agreed to $24 million in investment to fund its global sleep ambitions. The latest investment, which comes as Simba achieves profitability in core markets, brings a cash injection from Cartesian Capital Group.
7) Russia’s Federal Anti-monopoly Service (FAS) has opened an investigation into hotel reservation website Booking.com.
8) Madrid and Mexico-based fleet management startup Pulpomatic has raised €5 million from Swanlaab Venture Factory and Mexico Ventures.
9) France’s Shipfix, a relatively new startup aiming to drag the dry cargo shipping industry into the digital age, has raised $4.5 million in seed funding. Leading the round is Idinvest Partners, with participation from Kima Ventures, The Family, Bpifrance and strategic business angels.
10) London-based fintech startup Omnio has announced closing a private placement, raising €15 million. Omnio, founded in 2018, specialises in the delivery of banking and payment solutions for businesses.
Podcast: Tech.eu Podcast #149: Takeaway delivery drones, GDPR in Ireland, decade in failures, and more
Bonus link: Europe’s Top Investors Reveal What’s Next For European Tech In 2020 (Forbes)