Today in European Tech: Trustpilot’s IPO, Rocket Internet back with a SPAC, Aiven nabs $100 million, Hopin buys two firms, and more

Hello!

Here’s what happened today in European Tech.

Deals

Danish consumer-review site Trustpilot rose as much as 16% before trimming gains on its first trading day in London after its IPO raised about $655 million.

Rocket Internet Growth Opportunities, a US-listed SPAC formed by Rocket Internet targeting the tech sector, raised $250 million by offering 25 million units at $10.

Online pensions startup PensionBee has said it intends to float on the London Stock Exchange in an IPO of its shares. PensionBee, which has £1.5 billion in assets under management, said it would seek a listing on the high-growth segment of London’s main market.

Finnish open source software company Aiven has raised $100 million in a Series C round that values the firm at north of $800 million. The financing round was led by Atomico.

– After completing a financing round of approximately $100 million, Israeli proptech firm Veev‘s shares have been listed on TASE UP, a new platform that allows technology companies to raise capital without performing an IPO.

Virtual event darling Hopin has just announced the acquisitions of video hosting provider Streamable and video technology company Jamm. Figures were not disclosed.

– Dutch innovative food company Meatable has closed $47 million in its Series A funding round, bringing the company’s total funding to $60 million.

– UK-based investment startup Freetrade has raised £50 million in a Series B round. The firm’s app offers commission-free stock investment and is targeted at millennials in an effort to solve what it sees as generational inequality.

Parisian VC founded and entrepreneur staffed Breega has closed its third fund totalling €110 million. This latest round brings the total amount of funds under management to €260 million.

Communications surveillance group VoxSmart has closed a $25 million funding round led by Toscafund Asset Management. Headquartered in London, VoxSmart supports over 100 blue chip financial market customers to monitor and reconstruct trade chatter from voice, mobile, email and messaging in order to detect signals of malpractice and market abuse.

– Online-only and direct-to-consumer furniture maker Tylko has raised €22 million. The round was led by Israeli Pitango Ventures and Finnish Evli Growth Partners.

– GV – formerly Google Ventures – has invested $18.5 million in UK-based machine-learning startup nPlan.

– 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

Deliveroo’s IPO will value the company between £7.6 billion and £8.8 billion, which is higher than previous reports had suggested. The biggest individual winner will be Deliveroo CEO Will Shu. Overall, however, Amazon stands to gain the most from the IPO.

– Apple has put privacy at the heart of its sales pitch to users, but an internal document from France’s data regulator suggests the iPhone maker’s own targeted advertising practices may be problematic.

– Over in the UK, the CMA is taking a leading anti-virus software firm, Norton, to court after it refused to provide certain information for an investigation into auto-renewing contracts.

– Parrot was a darling of the consumer drone boom. Now that the bubble has popped, founder Henri Seydoux is trying to build a future in commercial drones.

Wolves Summit is kicking off tomorrow. On Thursday (25 March), tech.eu will be curating and hosting the CEE-focused Scale-Up Stage, from noon to 4PM CET.

– As debate rages over European control of sensitive technologies, Germany’s parliamentary state secretary Thomas Rachel backs ‘full participation’ of Israel, Switzerland and UK in EU quantum and space projects.

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