The European Investment Bank Group debuts new €150 million financing instrument to support European AI tech firms

Earlier today at Web Summit 2020, the European Investment Bank Group (EIB Group) unveiled a brand new financing instrument to support artificial intelligence companies across Europe. The co-investment facility of (up to) €150 million will allow the EIB Group to invest in promising early-stage and growth-stage AI tech companies alongside funds backed by the European […]

Massive deal in Madrid: EQT buys online real estate classifieds platform idealista for €1.3 billion

Global investment firm EQT has agreed to acquire the majority of Spanish online real estate classifieds platform provider idealista from (funds advised by) Apax Partners and its management for a whopping €1.3 billion. Apax bought idealista in 2015 at a reported €150 million valuation. EQT’s IX fund will have a majority ownership, but idealista’s management […]