Vivacity Labs tech.eu

Vivacity Labs locks in £5 million to help cities improve traffic patterns and infrastructure

Vivacity Labs, the London-based tech company using artificial intelligence to improve traffic insights and safety, has closed a £5 million Series A round led by Mobeus, with additional backing from Downing Ventures and London Co-Investment Fund.  Vivacity Labs works with government, regional bodies and local councils to re-think and optimise the way traffic and transport […]

Today in European Tech: CYE raises $120M, Klarna launches bank account in Germany, Tencent buys stake in studio Bohemia, and more

Hello! Here’s what happened today in European Tech. Deals – Rocket Internet Growth Opportunities, a blank-check ‘SPAC’ company whose management team includes members of Rocket Internet’s leadership, plans to go public on the New York Stock Exchange in a $250 million deal, according to a Form S-1 filing. – Israeli cybersecurity firm CYE has completed […]

Instabox tech.eu

Sweden’s Instabox to transform last-mile delivery with $90 million Series B led by EQT Ventures

Instabox, a Stockholm-based company providing last-mile deliveries for e-commerce brands, has closed a $90 million Series B round led by EQT Ventures to fuel continued expansion within and outside of the Nordics. Just last April, the company secured €36 million in financing at a €100 million valuation. The logistics company prides itself on its carbon-efficient […]

Personio tech.eu

German HR tech company Personio raises $125 million at $1.7 billion valuation

Personio, an all-in-one HR platform for small- and medium-sized businesses, has announced $125 million of Series D funding in an investment round that values the German business at $1.7 billion. With last year’s $75 million Series C in the bank, plus the pandemic-induced rise in remote work, the software company was able to double revenues […]