Here is what happened today in European tech:
- Copenhagen-based LogPoint, which provides cybersecurity automation and analytics solutions to help companies make better security, compliance and business decisions, has raised $30 million in Series B funding.
- French fintech startup October (formerly Lendix) has raised some fresh capital in a non-equity funding round to invest in small and medium companies on its lending platform.
Overall, the company has gathered $300 million from various partners that will be deployed over the next few years.
- Israeli behavioral biometrics company BioCatch announced that four major global banks - Barclays, Citi, HSBC and National Australia Bank - have invested $20 million in the company, expanding its recent Series C financing round to $168 million.
- Iceland's Controlant, a maker of digital supply chain visibility solutions, has raised $15 million in Series B funding. Participating in the round were current shareholders, local institutions like insurance companies Sjóvá and VÍS, as well as private investors and family offices.
- Bamboo Systems, a Cambridge, England-based Arm-only server vendor, has secured $7 million in funding. The round was led by existing investors Seraphim Capital and Opea Holding with support from the UK’s £1.25 billion Future Fund.
- TetaVi, an Israeli startup that makes 3D holograms, has just secured $6 million in new funding, and it’s got its sights set on a new area for holography — social media, and TikTok in particular.
- Smart ridesharing solutions company Via has acquired Israeli startup Fleetonomy, according to Globes sources close to the deal, which is estimated at $15-25 million.
- IriusRisk, the Spanish company behind a threat modelling platform for application security, has raised $6.7 million in Series A funding. Global cyber investor Paladin Capital Group led the round, with participation from 360 Capital Partners and existing investors Swanlaab, JME Ventures and Sonae Investment Management.
- Impress, a digital orthodontics company, announced today that it closed a €5 million seed round with strategic, angel, and venture capital investors. Participating in the round were TA Ventures, Bynd VC, Sabadell VC and several European VC angels.
- HomeDoctor, a Warsaw, Poland- and Amsterdam, The Netherlands-based digital healthcare provider, has raised €3.7 million in Series A funding. The round was led by Cogito Capital Partners with participation from the company’s founders.
- Element, the company behind the eponymous Matrix-based Slack competitor (formerly known as Riot) has acquired developer-focused chat platform, Gitter, from dev services giant GitLab, which picked it up back in 2017.
- Emjoy, the Barcelona-founded audio-based intimate wellbeing startup, today announces that it has raised €2.5 million in seed funding in a round led by JME Ventures, with existing investor Nauta Capital participating.
- We also tracked a large number of (other) European tech funding rounds and M&A transactions, all of which we are putting in a handy list for you on Friday afternoon in our weekly roundup newsletter (note: the full list is for paying customers only). Also check out our European tech news section for ongoing coverage.
- A revised mechanism allowing companies to transfer Europeans’ data around the world may be ready before Christmas, the EU’s digital chief said on Wednesday, in a move aimed at ending the legal uncertainty triggered by a EU court ruling in July.
- Keith Morgan, chief executive of the British Business Bank, has raised concerns about the Future Fund over in the UK. The Fund makes loans of up to £5 million to startups struggling due to COVID-19. These loans can then be converted into equity at a later date. “The overriding fact is that the value for money outcome from this scheme is highly uncertain,” Morgan said.
- Platform giants will be prohibited from using the data they collect online unless they make this data available for use by smaller platforms, according to a draft of blacklisted practices, seen by EURACTIV, as part of the European Commission’s forthcoming Digital Services Act.
- The Monetary Authority of Singapore (MAS) has directed Wirecard entities over there to cease their payment services in Singapore.
Tell us what you think about the above and how we can improve it! And follow us on Twitter.