Hello!
Here's what happened today in European Tech.
Deals
- Cybersecurity company Wandera, founded in London in 2012 by Israeli brothers Roy and Eldar Tuvey, has been acquired by US company Jamf for $400 million.
- Lithuanian consumer-to-consumer second-hand fashion platform Vinted has raised €250 million in a Series F round led by EQT Growth.
- Swedish cryptocurrency broker Safello had a successful IPO day.
- London-based Huma Therapeutics has closed a Series C funding round at $130 million from investors like Leaps by Bayer, Hitachi Ventures, Samsung Next, Sony Innovation Fund by IGV and Unilever Ventures.
- London-based global fashion shopping platform Lyst has raised $85 million in a round that saw participation from a number of existing investors including Draper Esprit.
- Brussels-based network of coliving spaces Cohabs has raised €58 million in a Series B round that saw participation from existing backers AG Real Estate, and Alphastone, and new investors Federal Assurance, and finance.brussels as well as additional undisclosed public and private investors.
- Israeli fintech company Stampli today announced the completion of a $50 million Series C financing round led by Insight Partners.
- London’s workplace mental health platform Unmind has raised $47 million in an oversubscribed Series B round. The funding was led by EQT Ventures and saw participation from Sapphire Ventures, Project A, Felix Capital, True, and Christian Angermayer.
- Holidu, a leading technology scale-up in the holiday rental industry, today announced that it has secured €37 million in capital.
- London and New York-based cybersecurity problem-solving platform Panaseer has raised $26.5 million in a Series B funding round led by AllegisCyber Capital.
- 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
- Amazon has won a major court fight against a European Commission order that it pay 250 million euros in back taxes to Luxembourg deemed "illegal state aid."
- Infobip, the Croatian technology firm that makes customer-service chatbots, plans to raise about $500 million from investors this year.
- Germany's MeinAuto has decided to postpone its contemplated IPO due to "currently adverse market conditions for high growth companies".
- The UK government has published a draft of its long-awaited Online Safety Bill, introducing a raft of new measures that it claims will safeguard freedom of expression online and increase the accountability of tech giants.
- Apps that promise grocery deliveries in 10 minutes invade Europe as shopping shifts online.
Today's Top Tweets
European Tech Twitter Bingo pic.twitter.com/g6BIwH322H
— VCs Congratulating Themselves (@VCBrags) May 12, 2021
*New Episode*: Andy Young, Serial Entrepreneur; UK Country Lead for Stripe; VP of Growth at Entrepreneur First on Growth Marketing for Startups
Listen at https://t.co/L6sopoVrq3 #startups #entrepreneurship #podcast #podernfamily— Anita Moorthy (@anitamoorthy) May 12, 2021
Let's dive into the future: the quantum internet
A great write up on QphoX and their breakthrough invention (a quantum modem) by https://t.co/VMbAIqbFvc's @sensorpunk Taylor: https://t.co/s6ef2MW46f— Ton van 't Noordende (@noordende) May 12, 2021
Google/Fitbit EU merger review involved 1m documents from the companies, some 247,000 from Google and 828,000 from Fitbit https://t.co/2sIFPZZ8Q4
— Aoife White (@aoifewhite101) May 12, 2021
We are back!
Our brand #foodpanda will paint the streets of Berlin pink this summer.
foodpanda will offer everything from food delivery to #quickcommerce, all within one single app.
Get ready for more!https://t.co/9cLarTfXKx#likeheroes #deliveryhero pic.twitter.com/Y7eDywyzjr— Delivery Hero (@deliveryherocom) May 12, 2021
*New Episode*: Andy Young, Serial Entrepreneur; UK Country Lead for Stripe; VP of Growth at Entrepreneur First on Growth Marketing for Startups
Listen at https://t.co/L6sopoVrq3 #startups #entrepreneurship #podcast #podernfamily— Anita Moorthy (@anitamoorthy) May 12, 2021
.@Vestager says Brussels considering next steps after losing @amazon state-aid tax case in Luxembourg. Flags global digital tax talks at @oecd & separate @EU_Commission efforts to pass its own digital levy pic.twitter.com/OSWfatLJRY
— Mark Scott (@markscott82) May 12, 2021
What’s coming up in EU #Tech? ✨
18/05
Global research & #innovation
26/05
✍️ Tips strengthened Code on #Disinformation
02/06
Secure #EU e-ID
16/06
Improving working conditions of platform workers #StayTuned #DigitalEU announcements coming soon pic.twitter.com/DUyc4rNAcp— Digital EU (@DigitalEU) May 12, 2021
Nice coverage by @tech_eu team, I'm definitely not gonna miss the upcoming listing of $XKI soon. Keep it moving, as it will bridge CeFi with DeFi as well. Let's goooo! https://t.co/EQjnqShDfQ
— Elvina Peregrino (@ElvinaPeregrino) May 12, 2021
"Westwing is aiming for sales of EUR 1 billion and a profitability of over EUR 100 million in adjusted EBITDA by 2024/25" https://t.co/caW7WH4Jbu
— Tech.eu (@tech_eu) May 12, 2021
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