Today in European Tech: Wise IPO gets closer, Prosus buys GoodHabitz in €212 million deal, US warns EU over ‘Big Tech’ policies, and more

robin@tech.eu

Hello!

Here’s what happened today in European Tech.

Deals

– Prosus — the international assets holding arm of South African multinational Naspers, has announced today that it has acquired a majority stake in GoodHabitza provider of online training for businesses. The deal was completed for approx €212 million.

– Oslo’s SNÖ Ventures has launched its second fund, targeting $100 million to invest in early-stage Nordic companies. The first closing of the SNÖ Fund II has already been held, with LPs including Peter Thiel, Karl Christian Agerup (co-founder of Northzone), Eilert Hanoa (CEO of Kahoot!) and others.

UK-based alternative lender ThinCats has secured a £160 million strategic investment from Wafra Capital Partners (WCP).

– Israel-founded, Palo Alto-based professional website builder for digital agencies and SaaS companies, Duda, has raised $50 million in a Series D round led by Claridge IL and existing investors Susquehanna Growth Equity and Vintage Investment Partners.

Irish e-commerce ordering, shipping, and delivery process optimiser Scurri has raised €9 million in a funding round led by Gresham House Ventures.

– 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

– The US has warned the EU against pursuing “protectionist” technology policies that exclusively target American companies, ahead of Joe Biden’s first presidential visit to Brussels.

– Big Tech is likely to face more privacy enforcements — and more fines — in the European Union, thanks to a major ruling by the union’s highest court in a case involving Facebook.

– The fintech giant Wise hopes to press the button within days on a long-awaited public flotation that will cement its status as one of Britain’s most valuable startups of the last decade.

– Over in the UK, the CMA has launched a market study into Apple’s and Google’s mobile ecosystems over concerns they have market power which is harming users and other businesses.

Klarna’s comparison shopping service went live in 21 markets across Europe, offering partner retailers an attractive offer, an increased customer reach, all with ready-to-purchase intent.

– British inventor Sir Tim Berners-Lee is selling the original code for the World Wide Web as a non-fungible token (NFT) with a starting bid of $1,000. Digitally-signed source code documents written by the computer scientist three decades ago will go under the hammer next week.

– The growing threat of European tech regulation on US innovation.

– MEPs have called for beefed-up EU security against cyber threats in a resolution on the bloc’s Cyber Security Strategy, known as EUCSS, for the digital decade.

– The Bank of England (BoE) governor Andrew Bailey went to great lengths on Tuesday afternoon to stress that digital currencies will not get a regulatory “free pass” in the future, despite their potential for innovation.

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