Today in European Tech: Chronext plots an IPO, Ankorstore raises €82 million, Arqit exits stealth with big quantum security plans, and more

Hello! Here’s what happened today in European Tech. Deals – Hedosophia European Growth, a blank-check company launched by UK fund manager Hedosophia, has raised €400 million in its Amsterdam listing. The Financial Times reported earlier that the SPAC plans to target European tech companies worth up to €5 billion. – Switzerland’s Chronext is preparing an […]

Munich-based home climate management startup Tado° raises €38 million, partners with noventic

Munich’s smart home climate startup Tado has raised €38 million from Hamburg-based proptech firm noventic and undisclosed existing investors. This investment marks a strategic partnership between the two companies, specifically aimed at developing and distributing energy-efficient products for the commercial housing market. The funding is also earmarked for further product developments and market expansion. Founded in […]

Axel Springer’s job marketplace StepStone, acquires conversational AI Mya

Düsseldorf-based job marketplace StepStone has acquired San Francisco-based conversational AI tech Mya. The award-winning Mya technology will be incorporated into StepStone’s autonomous matching platform, effectively matching job opportunities to candidates who may not actively be searching for them. The full engineering and developer team, including co-founders Eyal Grayevsky and James Maddox are expected to stay […]

Helping lay blueprints for early-stage startups, Liège-based Rise PropTech launches €20 million fund

Change is never easy, and the construction and property industry hasn’t exactly been the fastest when keeping up. To help accelerate new adoptions, as well as attract more entrepreneurship in the field, Liège, Belgium-based Rise PropTech has launched a €20 million fund. Founded by Frédéric Driessens, Gaëtan Baudelet, and Jérôme Constan, the fund has already […]