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’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 […]
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 […]
London-based B2B2C insurtech Wrisk has raised £4.6 million in a Series A round led by QBN Capital and saw participation from Guinness Asset Management and Cell Rising Capital. The funding is expected to further scale the platform, as well as develop partnerships with automotive brands that are adapting to shifting mobility trends. As a demonstration […]
Network intelligence platform, or GraphTech as they like to call it, Palturai has raised €4 million in a Series A round led by VR Ventures with participation from FIV and a number of undisclosed investors. Kantwert established a presence in the US market in March of 2020 under the banner Palturai, and the funding is […]
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 […]
TIER’s black and green e-scooters are a common sight on the streets of European cities. In November 2020, the Berlin-based micro-mobility startup finalised a €211 million Series C funding round, which will go towards funding expansion and fast-tracking its TIER Energy charging network. Recently, the company announced it had rolled out in 100 cities across […]
