Today in European Tech: Crowdstrike buys Humio for $400 million, a new Earlybird fund, Revolut hikes it fees, and more

Today in European Tech: Crowdstrike buys Humio for $400 million, a new Earlybird fund, Revolut hikes it fees, and more

Hello!

Here's what happened today in European Tech.

Deals

- Danish-British log management software company Humio has been acquired by cybersecurity firm Crowdstrike for a total of around $400 million.

- Earlybird Digital East Fund — a fund associated with Germany’s Earlybird VC, but operating separately — has launched a €200 million successor fund.

- Swiss digital asset bank Sygnum has scored an eight-figure dollar investment from a unit of Japanese financial behemoth SBI Holdings.

- Grip, a London, UK-based market engagement platform, raised $13 million in Series A funding.

- Cambridge GaN Devices, a University of Cambridge spinout that replaces silicon in transistors with a more energy-efficient material has raised $9.5 million in a Series A funding round.

- Israel polymer 3D printing solutions company Stratasys has acquired UK-based RP Support (RPS), which provides industrial stereo-lithography 3D printers and solutions.

- 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

- Lithuania has banned a Chinese tech firm on security grounds, while Estonia warned the EU on the dangers of both Chinese and Russian espionage.

- Banking challenger Revolut has made several changes to its trading business, including an increase in custody fees and a reduction in the number of free trades it offers users.

- London-headquartered recurring payments giant GoCardless is to create around 300 jobs.

- The Spanish government will publish in “the coming weeks” a detailed roadmap to position the country as Europe’s biggest multimedia “hub”, said economic and digital transformation minister Nadia Calviño.

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