Today in European Tech: Allfunds to go public, big rounds for Redis Labs, WhiteSource, BRYTER and Sequans, Kahoot buys Motimate, and more

Hello! Here’s what happened today in European Tech. Deals – Allfunds, the UK-based B2B WealthTech platform, is to list on the Euronext Amsterdam stock exchange. As of 31 December, 2020, Allfunds had over €1.2 trillion of assets under administration, and €370 million in revenue. – Tel Aviv-founded database platform Redis Labs has closed a $110 […]

Today in European Tech: SoftBank invests in Norway’s AutoStore at $7.7 billion valuation, AXA VP’s new growth fund, and more

Hello! Here’s what happened today in European Tech. Deals – Japan’s SoftBank has acquired a 40% minority stake in Norwegian robotics and software firm AutoStore for $2.8 billion. With the purchase, AutoStore now has a $7.7 billion market value. – Paris-based AXA Venture Partners (AVP) has completed a €250 million first closing of its new […]

Today in European Tech: Darktrace ramps up plans for £3 billion IPO, DraftKings buys BlueRibbon Software, and more

Hello! Here’s what happened today in European Tech. Deals – British cybersecurity company Darktrace is finalising plans for a £3 billion stock market listing, despite the shadow cast over technology ‘unicorn’ floats in London by this week’s Deliveroo’s disastrous debut. – American gaming company DraftKings, which manages fantasy sports contests and is a sports betting […]

Today in European Tech: Glovo raises €450 million in funding, UK antitrust watchdog to probe Facebook-Giphy deal, and more

Hello! Here’s what happened today in European Tech. Deals – Barcelona-based multi-category delivery service Glovo has entered the history books with a €450 million Series F funding round. – Brussels-based app store optimisation tool AppTweak has raised $22 million from early investor Groupe Rossel in a series B round. – Hungarian writing, thinking, and collaborating […]

Today in European Tech: Deliveroo’s rough public market debut, Dutch fashion marketplace Otrium closes $120 million round, and more

Hello! Here’s what happened today in European Tech. Deals – Shares in UK food delivery firm Deliveroo fell as much as 30% in its highly anticipated London IPO on Wednesday, wiping about £2.3 billion off the company’s value, and dealing a blow to the city’s renewed efforts to attract tech company listings. – Amsterdam-based unsold […]