This week our research tracked more than 90ย tech funding deals worth over โฌ7.2 billionย and over 15 exits and M&A transactions on the other end of the spectrum.ย
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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Either way, let’s get you up to speed.
๐ธ Notable and big funding rounds
๐ธ๐ช Largest ever green loan in Europe: Northvolt raises $5B for expansion
๐ฌ๐ง Wildstone raises ยฃ350M to expand in Europe
๐ซ๐ท EV charging network builder Electra drives home โฌ304M
๐ซฑ๐ฝโ๐ซฒ๐ป Noteworthy acquisitions and mergers
๐ช๐ธ Mytraffic acquires Geoblink, creating a new era in location intelligence
๐ณ๐ฑ Encompass acquires Dutch startup CoorpID for enhanced KYC solutions
๐ฉ๐ช Insurtech Getsafe acquires a student loan platform to meet its future clients upstream
๐ Interesting moves from investors
๐ฌ๐ง Bowmark Capital’s latest fund attracts global investors and raises over ยฃ900M
๐ฌ๐ง General Atlantic boosts AUM to $96B with Actis acquisition
๐ฌ๐ง Thema launches venture fund platform for first-time fund managers
๐ซ๐ท EIT InnoEnergy and Franceโs Demeter launch โฌ500M European battery raw materials fund
๐ฉ๐ช Julius Luehr appointed as new Partner at Munich’s Acton Capital
๐๏ธ In other (important) news
๐ช๐บ Microsoft CEO defends OpenAIโs โpartnershipโ amid EU, UK regulatorsโ scrutiny
๐จ๐ญ Switzerland’s SoftwareOne rejects Bain Capital’s lowered $3.5B takeover offer
๐ฌ๐ง Google to invest $1B in UK data centre
๐ฌ๐ง Tech secretary sets out goal to make UK a โscaleup powerhouseโ
๐จ๐ญ Davos 2024: AI most relevant for fintech development until 2029
๐ก Recommended reads and listens
๐ฉ๐ฐ Why Denmark is a hotbed for healthtech startups and innovation
๐ช๐ธ Corporate fintech Neo says it can grow European business without external funding after hitting profit
๐ช๐บ These are the fastest-growing open-source startups in Europe Q4 2023
๐ฌ๐ง Monzo, Starling and Revolut see drop in account closure complaints
๐ฌ๐ง Britain’s cyber spies mark 80th anniversary of secret code-breaking computers
๐ญ European tech startups to watch
๐ธ๐ฐ Elv.ai secures โฌ500,000 to battle misinformation and hate speech online
๐ณ๐ฑ Runnr.ai secures โฌ1M funding for automated hotel guest engagement
๐ฎ๐น Jampy secures โฌ1M pre-seed to raise the bar in pet wellness
๐ซ๐ท Elaia and YCombinator back Phospho with โฌ1.7M for GenAI application monitoring
๐ช๐ธ Remuner secures โฌ2M for sales commission optimisation 3 months after launching