Here's what happened today in European Tech.
- British cybersecurity company Darktrace is finalising plans for a £3 billion stock market listing, despite the shadow cast over technology ‘unicorn’ floats in London by this week’s Deliveroo’s disastrous debut.
- American gaming company DraftKings, which manages fantasy sports contests and is a sports betting operator, is acquiring Israeli gaming company BlueRibbon Software. BlueRibbon is based out of Tel Aviv, has raised millions of dollars, and currently employs 15 people.
- Israeli cryptocurrency platform INX has raised around $32 million on the Toronto Stock Exchange (TSX).
- Sber, the state-controlled financial and digital giant previously known as Sberbank, has taken control of a Russian video creation startup called Movika. Sber’s subsidiary Digital Assets acquired a 58% stake in Movika and could increase it to 80% in the future. The amount of the deal was not disclosed.
- 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.
- Russia willl extend a punitive slowdown of Twitter until May 15 though it acknowledged the US social media company had speeded up deletion of banned content.
- Pandemic reveals Palantir's troubling reach in Europe.
- A data leak involving personal details of hundreds of millions of Facebook users is being reviewed by Ireland's Data Protection Commission (DPC).
- A world map with HQ location of investors that are investing in European scale-ups.
- With 25 million users, Madrid-based edtech Lingokids managed to triple its revenue in 2020.
Today's Top Tweets
A world map with HQ location of investors investing in European scaleups
Half of the top 10 are based in Europe, the other half in the US. The top 10 locations represent 43% of all investors HQ – money is very concentrated
— Omar Mohout (@omohout) April 5, 2021
Our very own @zackw was a guest speaker on the “Tech Eu” podcast.
Tzahi discussed the EU and TLV startup ecosystem, the differences and similarities between the two and the global expansion of @IntelIgnite into Europe.https://t.co/PmzOrtsEX0#startupnation #startupisrael
— Intel Ignite (@IntelIgnite) April 4, 2021
@tech_eu on a little discussed topic:
"...high-performance computing systems are bound to play a major role in things like drug development, cancer research, artificial intelligence, modelling climate change and ... much more ..."@techUK @ComputerWeekly https://t.co/wt1CDk9BHZ
— Julian Winn 💙 💜 (@Winn_on_Health) April 2, 2021
You can be late to the party but still make some money! :) Always thought this was a great and unconventional bet by Draper. https://t.co/m2y2a4rBvZ
— Chirag Modi (@modic123) April 5, 2021
"[The fund] aims to enlist researchers, fact-checkers, not-for-profits and other public interest-oriented bodies to help in the fight against fake news."
(HT @tech_eu (would've missed it otherwise))@SOMAObservatory @ICFJ https://t.co/oY7pPa9Nl9
— Julian Winn 💙 💜 (@Winn_on_Health) April 5, 2021
— James Clark 📈📉🤷🏼♂️ (@mr_james_c) April 4, 2021
There's something about VCs.
— Enrique Pérez (@epdepedro) April 5, 2021
A look at a data center in the Netherlands run by Ecatel, which has faced little action despite being investigated for years for hosting malware and child porn (NRC)https://t.co/wjwb9TTusqhttps://t.co/Dcyld5CmB6
— Techmeme (@Techmeme) April 4, 2021
— eile ventures (@EileVC) April 5, 2021
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