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This Week in European Tech: Entrepreneur First raises $158 million, GoCardless buys Nordigen, EU agrees on landmark crypto regulation, and more
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June 2022 in European Tech: Deals, unicorns, and Ocado's big delivery
Monday 27 June - Ocado harvested a fresh £578 million, SumUp added €590 million, Polestar went public, and more than €3.3 billion was invested in European Tech last week
Monday 20 June - EcoVadis secures $500+ million, Softgarden sold for $125 million, and more than €2.6 billion was invested in European Tech last week
Monday 13 June - Multiverse mounts $220 million, Norgine negotiates for €1.8 billion, and more than €1.9 billion was invested in European Tech last week
Report: SDG-relevant startups offer solid, long-term investment opportunities
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SaaS
Shard Credit Partners launches £75 million venture debt fund to back fintech and SaaS firms
Venture debt is becoming increasingly popular…
Megha Paul
15 June 2022
Biotech
Spirea, a startup developing antibody drug conjugates in cancer, nabs $3 million
Cambridge-based biotech company Spirea has…
Megha Paul
14 June 2022
Logistics & Transportation
Ai Build nets $3.2 million to disrupt additive manufacturing sector
London-based SaaS company Ai Build has raised $3.2 million in funding led by ACT Venture…
Megha Paul
09 June 2022
Biotech
London startup Peptone gets $40-million booster to focus on drugs for disordered proteins
Around half the proteins in the human body,…
Megha Paul
09 June 2022
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Deep Tech
British deep tech ORCA Computing rakes in $15 million to roll out light-based quantum computer
Holding the potential to transform…
Megha Paul
09 June 2022
Software development
Access Group gets access to £1 billion investment, hits £9.2 billion valuation
Loughborough-based software firm Access Group has reached a valuation of £9.2 billion after…
Megha Paul
08 June 2022
Sustainability
Deep Branch rears in £4.8 million from UK government to grow protein from microbes that feed on CO2
UK and Netherlands-based carbon dioxide…
Megha Paul
07 June 2022
Crypto
Bridging gap between art market and crypto space, Verse paints in $2.4 million for NFT platform
The non-fungible token (NFT) art landscape is a…
Megha Paul
07 June 2022
Events
Serena Williams-backed Let’s Do This races ahead with $60 million to bring endurance sports events to the masses
We are living in a world where we spend more…
Megha Paul
07 June 2022
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FinTech
Liberis rolls out Barclaycard cash advance to empower SMEs across Europe
Small businesses underpin the economy in the U.K. Thus, quick and easy access to flexible…
Megha Paul
07 June 2022
FinTech
Yapily and OpenPayd join hands to meet soaring demand for embedded finance in the UK
After raising $51-million Series B in funding…
Megha Paul
06 June 2022
FinTech
Debite rakes in £2.5 million to offer easy loans and corporate credit card to UK startups
Dynamic financing platform for early-stage…
Megha Paul
31 May 2022
Investment
Zinc dusts off €33 million fund to back 500 entrepreneurs to address pressing societal issues
There has been a significant rise in ‘impact…
Megha Paul
31 May 2022
Investment
74 per cent British entrepreneurs use their own money to keep business afloat
Despite the U.K. having one of the most robust startup ecosystems in Europe, not all is well in…
Megha Paul
30 May 2022
Artificial Intelligence
Regulating online content lands $5 million at Checkstep’s doors
As the amount of abuse on online platforms continues to grow, major questions are still…
Megha Paul
30 May 2022
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