Today in European Tech: TikTok’s “Safety Advisory Council” for Europe, Rohlik scores €190 million, Vungle buys GameRefinery + more

Hello!

Here’s what happened today in European Tech.

Deals

– Rohlik, the Czech Republic-based online grocery supermarket and delivery service founded in 2014, is now a €300 million-a-year business thanks to Covid-19. The Prague-based company today announced that it has secured €190 million in funding to fuel further growth.

Israeli digital asset security infrastructure developer Curv is in talks to be acquired by PayPal for more than $200 million, sources close to the matter told Globes.

– ‘Fortnite’ developer Epic Games has agreed to acquire Tonic Games Group, the British game studio behind ‘Fall Guys’.

Berlin-based ‘dark stores’ operator Flink has raised a hefty $52 million in seed financing. The round was led by Target Global and existing investors Northzone, Cherry Ventures, and Silicon Valley-based debt provider TriplePoint Capital.

Dutch online supermarket Crisp has recently closed a €30 million funding round led by Target Global.

– After inking a $9.2 billion deal to merge their classifieds businesses last year, eBay and Norway’s Adevinta have announced a deal to sell off three popular web properties in the UK to get the deal cleared by local regulators, the Competition Markets Authority.

Instamotion, the Munich-based platform for buying used cars, received €24 million in Series B funding led by G+J Digital Ventures in cooperation with the Ad Alliance.

– Expat focused, cross-border online banking fintech startup Rewire has just announced a sweet $20 million in series B funding and a “significant” line of credit from a “leading” bank. The round was led by OurCrowd, and included new key investors Renegade Partners, Glilot Capital Partners (via their early growth fund Glilot+), and Jerry Yang, former Yahoo! CEO and director at Alibaba, through AME Cloud Ventures.

Mobile advertising platform Vungle has recently announced the acquisition of GameRefinery. The primary target of the acquisition being GameRefinery’s Game Intelligence platform, a service which helps point developers to optimal user retention and monetisation through a series of insights.

– Codat, a London-based startup that connects the data systems of small businesses to banks, fintechs and other institutions, has raised $10 million from Index Ventures to finance expansion into the US.

– German remote connectivity software company TeamViewer has acquired Upskill, a US company that specialises in augmented reality applications for front-line workers.

– Netherlands-based CM.com, a cloud software for conversational commerce, has reached an agreement to acquire Amsterdam-based PayPlaza, a point-of-sale payment acceptance platform. According to CM.com, the transaction comprises a consideration of €10 million.

– Piano is expanding its platform for digital publishers with the acquisition of AT Internet, a 25-year-old analytics company based in France.

– 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

– TikTok has announced the launch of a “Safety Advisory Council” for Europe — a body that will help the platform deal with content moderation.

– Google is backing a new £1.5 million fund investing in tech start-ups led by black founders, aiming to help close a vast gulf in venture capital flows.

– Interesting Views: a spotlight on Chris Tottman from Notion Capital and Included VC.

– SoundCloud has introduced ‘fan-powered royalties’ — which it says is a fairer and more transparent way for artists to earn money on the platform.

Banking industry trade body UK Finance has set out detailed proposals for a new service company to replace the Open Banking Implementation Entity.

Extended Reality: XR4ALL announces winners of the second open call.

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