This week, we talk about what’s going on in European tech, including some of the biggest funding rounds of the week, M&A deals, micromobility news, and much more. Also check out an interview with Riku Asikainen, managing partner at Evli Growth Partners, one of the investors in the e-scooter company TIER.
With its new $325 million impact fund, Brussels-based Astanor Ventures is seeking European and North American startups — across food, agriculture and ocean tech — who want to solve systemic challenges across the food system and build businesses that thrive with nature, rather than exploit it. The Belgian VC says the fund is borne of […]
Stockholm-based Firstvet has closed a $35 million funding round, just a year after raising €18.5 million in a Series B. Mubadala Capital led the round, with participation from Cathay Innovation alongside existing backers, OMERS Ventures and Creandum. The digital veterinary platform will use the capital to launch in the US. The pandemic-driven boom in remote […]
Verbit, an AI-powered transcription and captioning platform, has closed a $60 million Series C round led by Sapphire Ventures with participation from existing investors Vertex Ventures, Stripes, HV Ventures and ClalTech, as well as new investor Vertex Growth. The Israeli company, which has raised over $100 million to date, says its revenue run rate has […]
Milan, Italy-based mobile/digital payment platform Satispay has secured €93 million euros in funding in a Series C round co-led by Tencent, Square, Telecom Italia’s TIM Ventures, LGT Lightstone and other investors. Square, the payments company run by Jack Dorsey, has reportedly invested about €15 million in the round. After the investment round, the post-money valuation […]
European property management technology platform provider Plentific has acquired housing compliance technology company X Tag. The terms of the deal were not disclosed. X Tag offers tech solutions that empower housing providers to move away from reactive compliance processes – for things like gas safety and electric and fire door compliance – to proactive, data-driven […]
Global Fashion Group, the Europe-based, publicly-listed online fashion and lifestyle platform company, has raised approximately €120 million in gross proceeds by means of a placement of 16.5 million new shares at a price of €7.30 apiece. The company, which operates brands like Dafiti, Lamoda, Zalora and The Iconic, says it will use the additional capital […]