German startup Adjust that specialises in mobile advertising measurement and analytics has landed a $227 million mega-round led by Eurazeo Growth, Highland Europe, Morgan Stanley Alternative Investment Partners, and Sofina. The capital injection comes some four years after the company’s previous funding round, which was a modest $17 million. Adjust is a SaaS business that […]
US-based private equity group KKR has announced an offer to buy the stakes in the German publisher Axel Springer from minority shareholders at €63 per share. The offer represents a 40 percent premium on the price of Axel Springer’s shares as of May 29, when the news about the negotiations between the parties first broke. […]
Belgium-born Combell has merged with The Netherlands-based TransIP Group to create an entirely new holding dubbed team.blue. The deal creates a new European tech unicorn, with the combined entity reaching a valuation that exceeds $1 billion. Together, Combell and TransIP will offer a range of digital tools such as hosting, email and applications to over […]
Editor’s note: This exclusive article from CTech (Meir Orbach) was syndicated with permission. Israel-based venture capital fund Viola Growth, of the Viola Group, is raising a third fund. According to documents filed with the U.S Securities and Exchange Commission in April, the fund has already raised $40 million in commitments, but several people familiar with […]
Bern-based health data analysis startup RetinAI has landed CHF 2.3 million in a funding round led by btov Partners, with participation of Swiss-based investor network investiere and a consortium of private investors. The startup plans to use the money to hire more people and accelerate certification of its solutions. Founded in 2016, RatinAI has developed […]
The UK’s Crane Venture Partners, an early-stage VC that focuses on data-driven enterprise startups, has closed its first $90 million institutional fund, Crane I. Crane’s founders, Scott Sage and Krishna Visvanathan, have previously invested as a team in companies like Icera, H2O.ai, Netronome, Onfido, and Trustpilot. The firm’s partner Andy Leaver brings 20 years experience […]
Ÿnsect, a French foodtech startup that recently raised $125 million, has won another €20 million in backing from the European Commission for a protein plant project. Dubbed FARMYNG, the new project is based in Amiens, France, and will produce the Tenebrio Molitor insects on an industrial scale. These insects can be used as a protein […]