Today in European Tech: EA buys Codemasters in $1.2 billion deal, green light for the €7.5 billion ‘Digital Europe’ program, and more

Hello! Here is what happened today in European tech: Deals – Electronic Arts has reached an agreement to acquire UK-based game developer and publisher Codemasters, valuing the company at approximately $1.2 billion. The deal is anticipated to be completed in Q1 2021, and comes at a surprise as rival publisher Take-Two Interactive had only agreed […]

Swedish consumer e-commerce giant BHG acquires online retailer Nordic Nest in €175 million deal

Nordic e-commerce powerhouse BHG has acquired 97.6% of Scandinavian design e-tailer Nordic Nest, it announced on Sunday (hat tip: Breakit). The deal values Nordic Nest, which was founded in Sweden back in 2002 (under the name Designonline), at approximately €175 million. The sellers of Nordic Nest include Nordstjernan, Philian Invest, Stella Capital, Jörgen Bödmar, its […]

Mendi tech.eu

Swedish health tech startup Mendi crowdfunds €3 million for neurofeedback device

Mendi, a Swedish health tech startup creating consumer devices for brain health, has raised €3 million through Kickstarter and Indiegogo, where customers ordered over 10,000 Mendi neurofeedback devices within six months. The very first batch of devices, which are manufactured in Sweden and run $299, will be delivered to consumers in December. The company, which […]

devskiller tech.eu

Polish hiring platform DevSkiller raises €1 million to develop end-to-end talent management system

DevSkiller, a Warsaw-based platform that tests the coding skills of job applicants, has raised €1 million in bridge funding from SpeedUp Energy Innovation (SEI). The investment will help the startup expand its product into a comprehensive skills development and talent management tool. “We’ve started off with DevSkiller which is the technical skills assessment platform powered […]