Co-founder and editor-in-chief of Tech.eu, with previous stints at The Next Web and TechCrunch under his belt. Deeply in love with his family, technology, traveling and Belgian beer.

Posted in daily deals, eu tech
Updated

Hello!

Here's what happened today in European Tech:

Deals

- Personio, an all-in-one HR platform for small- and medium-sized businesses, has announced $125 million of Series D funding in an investment round that values the German business at $1.7 billion.

- London-based flower and gift delivery startup Bloom & Wild has announced £75 million in new funding after a year that saw 160 percent growth.

- Heal Capital, a young German investment firm that is keen to back European health tech ventures at the early stages of their businesses, has closed on a €100 million fund.

- Maps.me, an offline travel app that includes both routes and local business recommendations, has raised $50 million to add a multi-currency wallet to its platform. Led by Alameda Capital, the round was joined by two cryptocurrency investors, Genesis Capital and CMS Holdings.

- Zurich-based fintech company Numbrs announced it closed a funding round back in December, topping €25 million to roll out a new subscription service and fuel growth in new and existing markets.

- 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.

Worth Reading/Knowing

- A long-running investigation in the European Union focused on the transparency of data-sharing between Facebook and WhatsApp has taken the first major step towards a resolution. Ireland’s Data Protection Commission (DPC) confirmed Saturday it sent a draft decision to fellow EU DPAs towards the back end of last year.

- Facebook has started the process of appointing a legal entity as a local representative in Turkey in compliance with a new social media law which critics have said will muzzle dissent.

- Spain’s new taxes on digital and financial services, approved last year, came into force on Saturday (16 January). The first collection is expected in March or April.

- Listed alternative lender Funding Circle is performing better than expected, according to a trading update from the company, with the SME platform expecting to turn a profit of at least £15 million in the second half of 2020.

- The data regulator for the German state of Lower Saxony has fined a local laptop retailer a whopping €10.4 million for keeping its employees under constant video surveillance at all times for the past two years without a legal basis.

Top Tweets

Tell us what you think about this daily roundup and how we can improve it!

And follow us on Twitter of course.