Private equity group EQT has taken a majority equity stake in Sitecore, the Danish customer experience management software company, buying out its founders, Technology Crossover Ventures and other minority shareholders in a transaction that values the tech company at approximately €1 billion. Before you ask, no, it’s not an April Fools joke, and an EQT […]
Berlin-based, Rocket Internet-backed online furniture retailer Home24 has raised €20 million and reinforced its management team to get to profitability and to try and take on IKEA in Europe (via Reuters). The fresh capital comes from both existing and new investors, the company said in a statement. Christoph Cordes and Marc Appelhoff, respectively the CEO […]
DNA analytics startup Bluebee has closed a Series A funding round of €10 million from investors Capricorn ICT Arkiv, Korys, and Biover II. Prior backer Buysse & Partners also participated in the round. The Dutch company specialises in genomic analysis and provide cloud-based performance solutions to researchers, labs, and diagnostic companies. According to the startup, […]
Planday, the Danish workforce management platform, has announced a new Series B funding round of $14 million led by Idinvest Partners. Creandum, SEB Private Equity, and Booking.com co-founder Arthur Kosten also participated in the round. The company will use the new funds to continue its expansion into the US, continue its growth in Europe, and […]
Neurotechnology startup Rythm, based in France, has raised $11 million in funding and announced a new partnership with France’s biomedical research institute for research into sleep conditions. The new round of funding comes from biotech investor and entrepreneur Dr Laurent Alexandre, telecoms investor Xavier Niel, and public grants. The funds will be used to further […]
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This week we discuss a couple of notable FinTech funding rounds, before welcoming a Bafta winner and Oscar nominee on this week’s edition of the Tech.eu podcast…