Happy Friday! This week, our research team tracked more than 75 tech funding deals worth more than €3.6 billion, and about 25 exits, M&A transactions, and rumours, and related news stories across Europe, including Russia, Israel, and Turkey. As always, we are putting all of them together for you in a handy list sent in […]
In today’s show, we talk about funding deals, VC news, a couple of acquisitions, and much more. The featured interview is with Carlos Cashman, co-founder and co-CEO of Thrasio.
Green tech? Cleantech? Impact tech? Sustainability tech? Whatever you want to call it, there is a global shift underway in the world of startups, investors and policymakers alike, to increasingly support the creation and scaling of innovative technologies to tackle the immense problems that are (and will be) caused by climate change and other factors. […]
London/Boston/Kansas City-based PSG has acquired a majority stake in Madrid’s end-to-end business software provider Nalanda. Financials were not disclosed. The acquisition is slated to drive Nalanda’s international growth into new verticals and geographies via M&A activity. “Nalanda is a leading digital automation solution operating with a significant addressable market across multiple large sectors,” said Dany […]
Serving the need to make the most out of social gatherings in a COVID world, YHANGRY has raised $1.5 million, making it possible to book a private chef in a matter of seconds. The seed funding comes from angel investors including Eileen Burbidge (Passion Capital), Carmen Alfonso Rico (Blossom Capital), Martin Mignot (Index Ventures), Jack […]
SaaS data pipelining for scale-ups platform kleene has raised $1.5 million in their first funding round. Led by Episode 1, the round also saw participation from Superseed and unnamed angel investors. The capital is expected to be put towards expanding the team, delivering on the product road map (support for Microsoft’s Azure Synapse Analytics and Google’s BigQuery), […]
Stockholm-based modular electric boat brand X Shore has raised €15 million to propel production and industrialisation. The raise was led by Delivery Hero founder Lukasz Gadowski’s Team Europe holding company and saw participation from individual investors including Navin Thukkaram, founder and CEO of Innovation Bootcamp, and Marec Gasiun, former Head of Automotive Business Development at […]
Open-source developer platform Gitpod has raised $13 million from General Catalyst with participation from Speedinvest, Crane Venture Partners and Vertex Ventures. Used by more than 350,000 developers worldwide, Gitpod helps automate everything a developer needs in order to start coding. I.e. engineering teams no longer have to manually establish local dev environments, saving hours of […]
No-code security automation firm Tines has raised $26 million in a Series B funding round, with the 18 person company now valued at $300 million. The round was led by Lee Fixel’s Addition and saw follow-on funding from Accel and Blossom Capital. Tines also counts CrowdStrike’s Falcon Fund and Silicon Valley CISO Investments as backers […]
London’s B2B manufacturing platform Geomiq has raised £2.9 million in a seed round to provide on-demand CNC machining, injection moulding, 3D printing, and sheet metal fabrication services. The raise was led by Samaipata and joined by Sova VC, Fuel Ventures, Tekton Ventures, and Eka Ventures. “Geomiq is perfectly positioned at the forefront of a digital […]
Investing in and developing their presence in the CEE region, Berlin-based TIER has acquired Budapest’s app maker Makery. Financials were not disclosed. The acquisition of Makery will represent TIER’s largest tech-focused office outside of Berlin and London, and Budapest will serve as the tech hub of TIER’s planned expansion into Central and Eastern Europe later […]
Barcelona-based real-time financial and operational data collaboration tool Abacum has raised $7 million in a round led by Creandum. Existing investors Y Combinator, PROFounders, and K-Fund also participated, as well as angel investors Justin Kan (Atrium and Twitch), Maximilian Tayenthal (N26), Thomas Lehrman (GLG), Avi Meir (TravelPerk), Jenny Bloom (Zapier), and Mike Asher ( Neo4j). […]
Sometimes you just want to close the curtains and have a cinematic film night, projector included. Or a weekend full of PS5 gaming excess. But that doesn’t mean you need to drop the big bucks on big-ticket tech. To this end, Warsaw-based on-demand tech rental platform Plenti has raised $1.5 million in a seed round […]
As we saw in the Forward Partners and Landscape VC study published last week, founders want more than just money. They’re looking for seasoned veterans with real industry know-how to help guide them to success. To this end, Portugal-based VC firm Shilling has launched a new €30 million fund, dubbed the Founders Fund, which is […]
London-based TrueLayer has raised $70 million in a Series D round bringing the fintech’s total capital raised to $142 million. The round was led by new investor Addition, and saw participation from existing investors including Anthemis Group, Connect Ventures, Mouro Capital, Northzone, and Temasek. Additional investors in the round include Visionaries Club, Surojit Chatterjee (CPO […]
As with just about every aspect of our former non-digital lives, the global pandemic has rapidly accelerated changes that were bound to come. And if it wasn’t already apparent, Oslo-based Kolonial’s raise of ~€220 million (2.2 billion NOK) is yet another indicator of the already red hot European online grocery delivery sector. The round was […]