This week in European tech: new funds for Index, Eurazeo and Dawn, Teads plans to go public for Nasdaq, Visa buys Currencycloud, etc.


Happy friday!

This week, our research team followed more than 86 technology financing agreements worth more than 1.4 billion euros, And by the way 18 outputs, M&A deals and rumors across Europe including Russia, Israel and Turkey.

As always, we put them all together for you in a handy list sent in our summary newsletter (note: the full list is for paying customers only).

Recently, we have also started publishing “Today in European Technology”, a daily summary of offers and news that caught our attention. Keeping you up to date with all things European technology is our priority!

Today, instead of a daily rundown, we’re giving you a sneak peek at some of Europe’s biggest tech news from the past week (sign up for our free newsletter to get this rundown delivered to your inbox every Monday morning).

This week:

Currencycloud cross-border payments infrastructure provider is acquired by Visa in a deal that values ​​the company at £ 700million. The acquisition comes just a month after Visa acquired Swedish fintech Tink in a € 1.8 billion deal.

Canadian auto parts maker Magna has accepted buy Swedish rival Veoneer for around $ 3.8 billion in cash to intensify its efforts to build driver assistance technology geared towards autonomous vehicles.

Eurazeo announces that it has exceeded the initial objectives of its growth strategy dedicated to equity investments in European technology, bringing in more than 1.6 billion euros.

Add another game acquisition to Tencent’s seemingly endless shopping spree, as the Chinese tech giant announced plans to acquire Sheffield, England-based Sumo Group for £ 919million.

Advertising technology company Teads, owned by French telecommunications company Altice, on Wednesday announced plans to raise up to $ 808.5 million through an initial public offering on Nasdaq at a valuation of around $ 5 billion.

Index Ventures a raised $ 3.1 billion in three funds in a major boost to the fundraising environment in Europe. The London-based company will spend $ 2 billion on growth-stage startups and $ 900 million on start-up investments, in addition to a previously announced $ 200 million seed vehicle.

The Salzburg-based EV charging platform has.to.be was acquired by North American company ChargePoint for a total purchase price of approximately € 250 million.

The fintech of payment and spend automation across London Soldo closed a $ 180 million Series C round led by Temasek.

Venture capital firm Draper Esprit moved its listings to AIM London and Euronext Growth Market Dublin and started trading on their respective major trading counterparts. In doing so, the company has become the largest tech-only VC in the main London market, with a market value of around £ 1.4 billion.

Based in Paris Spendesk all-in-one expense management service raised € 100 million in a Serie C funding round, the largest to date.

Green Mountain, Norway-based server farm operator in Stavanger was acquired by Azrieli Group for approximately 722 million euros.

Dawn Capital, B2B software specialist in London announced the closing of its second later stage growth fund at $ 120 million.

Sketchfab, the platform born in France for publish and find 3D content on the web, was acquired by Epic Games.

Choco, the Berlin food supply chain platform closed a $ 100 million funding round led by Left Lane Capital, with participation from Insight Partners.

Start-up venture capital firm Speedinvest announced the definitive closure of its second specialist and consumer marketplace fund at 60 million euros.

In a market apparently hotter than pan-fried catfish, Yapily, London-based open banking infrastructure startup raised $ 51 million in the first close of a Series B funding round.

Podcast:

Conquering the world from Europe, with Jean-Pierre Saad, KKR

A conversation with Iggy Bassi, founder and CEO of Cervest. The company recently raised $ 30 million to provide what it calls climate intelligence, which is information about potential climate-related risks to all kinds of assets based on a huge amount of historical data points.

Bonus link (s):

– Navigating a pandemic while conquering new markets: European edtech innovators share their ideas

There is now more than 500 million e-commerce users in Europe in 2021

– The EU plans to make Bitcoin transfers more traceable

BNPL could affect your chances of getting a mortgage

Brussels calls against 250 million euros of tax loss of Amazon

Israel’s different cyber industry, one that prefer to stay in the shadows

Uh, say what now? Revolution spear a travel reservation function


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