Germany’s COMATCH, an online platform for business consultants, has closed a Series A funding round of €4 million from Acton Capital Partners as well as Atlantic Labs and b-to-v invest. The funds will be used to build on COMATCH’s presence in German-speaking countries before continuing its plans for further internationalisation. According to co-founder Christoph Hardt, […]
We cover the good, bad and the ugly of the European tech scene in this week Tech.eu podcast, before taking a look at what’s happening in Poland.
Happy Friday! This week, Tech.eu tracked 7 technology M&A transactions and 65 funding deals (totalling €254 million) in Europe, Turkey and Israel. Like every week, we listed every single one of them in our free weekly newsletter, along with interesting news regarding fledgling European startups, tech investors old and new, a number of good reads […]
European and Israeli tech startups combined for €1.6 billion in funding in May 2016. This represents a 12% quarter-on-quarter uplift and an even bigger increase compared to the same month a year ago, when technology companies raised €789 million in the region. As the graph above shows, if Spotify’s $1 billion (€910 million) debt round […]
IBM today announced that it plans to acquire the Israeli company behind EZSource, to make it easier for developers to modernise mainframe applications “in the era of digital business and hybrid clouds”. Financial terms of the deal were not released. EZSource helps companies connect business-critical applications running on mainframes with mobile and cloud applications to […]
As Andreessen Horowitz’s Benedict Evans tends to say, mobile is eating the world. And it’s eating it in multiple ways, across many industries, and also heavily influencing how people plan a career change and look for a new job. At least, this is what multiple startups across Europe and Israel are betting on. Funding activity […]
ABA English, an online language learning platform, has raised $12 million in funding from Kennet Partners and Nauta Capital. The Barcelona e-learning company provides video-based English language lessons via mobile and web. It has 10 million users globally and counts a number of big firms among its client base, including Ikea and Kraft Foods. ABA […]