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

- Stockholm-based digital healthcare provider Kry, a.k.a. Livi in the UK and France has raised €262 million in a Series D round.

- Israel's Placer.ai, a company specialised in location analytics and foot traffic data, announced the close of a $50 million Series B funding round.

- Qover, the insurtech startup hailing from Brussels, has raised $25 million in a Series B round that is expected to fuel global expansion efforts.

- Rennes, France-based Unseenlabs has raised €20 million in a Series B round. The funding is expected to accelerate the company’s commercial growth as well as further deploy their existing satellite constellation.

- Israel-based ZenGo, which offers a mobile app to manage your cryptocurrencies, has raised a $20 million Series A funding round led by Insight Partners.

- 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

- Apple faces a EU antitrust complaint as soon as this week, escalating a probe into Spotify’s allegations that App Store rules are unfair.

- TikTok plans to allow European researchers and policymakers to see how its teams moderate content, how its recommendation technology works and how it handles data as it seeks to address concerns over the privacy and safety of its young users.

- Europe wants to reclaim its former glory as a chip-manufacturing powerhouse. As soon as next week, the European Union is set to release some details on its new semiconductor plans.

- Spotify launched its podcast subscription service in the US, giving creators more range in how they choose to make money. The move comes just one week after streaming rival Apple announced its own subscription podcast offering.

- "European tech regulation will hold back free competition and hand power to digital giants"

- UK-based digital wealth manager Nutmeg saw a 72% year-on-year growth in assets under management in the first three months of 2021, reaching a record £3 billion.

- Warsaw has a new venture capital fund on the market in Freya Capital. The fund aims to support early-stage companies and is the latest edition to the Polish Development Fund Starter programme.

- Payments service provider SumUp announced the appointment of its new CTO, Johannes Schaback.

- GoCardless, the bank-to-bank payments fintech, has launched an open banking feature integrated directly into its global payment platform and functional across all payment models.

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