This week our research tracked more than 70 tech funding deals worth over €2.5 billion, and over 10 exits, M&A transactions, rumours, and related news stories across Europe. In addition to this week’s top financials, we’ve also indexed the most important/industry-related news items you need to know about.
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🇬🇧 SumUp raises €1.5B in an oversubscribed round led by Goldman Sachs
🇬🇧 Monzo to top up funding round to £500M, says report
🇪🇪 Bolt closes €220M revolving credit facility: a step towards IPO
🇨🇿 Cin7 acquires Inventoro to expand analytics capabilities
🇩🇪 Kinderheldin and keleya to merge into womens’ health super-platform
🇩🇪 Summa equity acquires majority stake in Fast LTA
💸 Investment firm Intuition comes out of stealth with €15M fund
🎵 VC Ventech makes strategic exit from Believe, announces launch of 6th fund
💸 Imec.xpand launches €300M fund for semiconductor and nanotech startups
♻️ Rotterdam’s Infinity Recycling closes Circular Plastics Fund at €175M to boost plastic recycling
💸 April 2024 report: With €3.7B raised, year-over-year investment decreased 5 per cent
🇪🇺 Invest Europe’s PE at work report: PE and VC-backed companies drive job creation
🚲 Getir is exiting Europe and closing Gorillas as fast grocery delivery feels the chill
🇬🇧 Lunar founder has “confidence” appeal against court decision will be successful
🇪🇸 10 Spanish startups to watch in 2024
🇪🇸 How a Slovakian startup transforms IoT with near-invisible, bio-compatible sensors
🤖 UK SMEs can now bid for funding to train employees in AI
💻 How VictoriaMetrics’ open source approach led to mass industry adoption
🌳 Lithuanian startup HeavyFinance signs up 300,000 hectares in Ukraine for regenerative farming push
🇮🇪 Ceartas raises $4.5M to detect AI-generated content
🇬🇧 EIC awards Riverlane £2.1M for quantum error detection
🇸🇪 X Shore navigates through the waves with €8.5M funding
🇬🇧 Pollen Careers raises £112,000 to diversify the job market
🇮🇹 Glaut raises $1.4M for conversational survey platform
This week we tracked more than 50 tech funding deals worth over €266 million, and over 10 exits, M&A transactions, rumours, and related news stories a
August was the slowest month YTD, with over €1.9 billion raised in some 203 deals. This figure represents a decrease of around 60 per cent compared to the pr
German fitness startup 7NXT, owner and operator of Gymondo and 7Mind, is acquiring Buddyfit. Founded in 2019 and headquartered in Genoa, Buddyfit offers online
Reonic, a climate tech SaaS startup focused on enabling the deployment of sustainable energy solutions across Europe, today announces that it has raised a €1