Intel Ignite, the tech corporation’s startup growth program that launched last year in Tel Aviv, will now expand to Europe with a program in Munich. This is the first stage of expansion that will establish the program in multiple cities throughout Europe, North America and Asia. Austin, Texas will receive a program as well. The […]
After 20 years of bootstrapping, Danish data protection company Keepit has raised $30 million from growth investor One Peak to continue expanding across Europe and throughout the US. The round is the single largest SaaS investment in a bootstrapped company in the Nordics, according to Crunchbase. The startup has built a Backup-as-a-Service software that specialises […]
Polish ecommerce platform Allegro has filed for an IPO, with plans to raise 1 billion zlotys (€225 million) and debut on the Warsaw Stock Exchange. FT reports that advisers are targeting a valuation of between €10 billion and €12 billion. The offering will enable the group to repay part of its outstanding debt. Other reasons […]
Medefer, a UK healthcare startup that wants to improve (and quicken) outpatient care for the NHS, has raised a £10 million funding round led by Nickleby Capital. The fresh capital will help the company scale, making it “perfectly positioned” to help tackle the potential 10 million patient backlog that has grown due to Covid-19. A […]
These were the 10 European tech stories this week
This week, we talk about some of the biggest stories in European tech from the past week, including EQT buying Idealista, funding for Mollie and Klarna, and trans-Atlantic data transfers. Also check out an interview with Pär-Jörgen Pärson, general partner at Northzone.
French startup TiHive, a vision systems provider for industrial IoT, has received €8.6 million from the EIC Accelerator program, a European Innovation Council scheme within the framework of Horizon 2020. An EU representative will join the startup’s board of directors. Manufacturers use TiHive’s technology for real-time quality checks that ensure product compliance and reduce raw […]