This week our research tracked more than 90 tech funding deals worth over €7.2 billion and over 15 exits and M&A transactions on the other end of the spectrum.
In addition to this week’s top financials, we’ve also indexed the most important/industry-related news items you need to know about.
If email is more your thing, you can always subscribe to our newsletter and receive a more robust version of this round-up delivered to your inbox.
Either way, let’s get you up to speed.
Notable and big funding rounds
Largest ever green loan in Europe: Northvolt raises $5B for expansion
Wildstone raises £350M to expand in Europe
EV charging network builder Electra drives home €304M
Noteworthy acquisitions and mergers
Mytraffic acquires Geoblink, creating a new era in location intelligence
Encompass acquires Dutch startup CoorpID for enhanced KYC solutions
Insurtech Getsafe acquires a student loan platform to meet its future clients upstream
Interesting moves from investors
Bowmark Capital’s latest fund attracts global investors and raises over £900M
General Atlantic boosts AUM to $96B with Actis acquisition
Thema launches venture fund platform for first-time fund managers
EIT InnoEnergy and France’s Demeter launch €500M European battery raw materials fund
Julius Luehr appointed as new Partner at Munich’s Acton Capital
In other (important) news
Microsoft CEO defends OpenAI’s ‘partnership’ amid EU, UK regulators’ scrutiny
Switzerland’s SoftwareOne rejects Bain Capital’s lowered $3.5B takeover offer
Google to invest $1B in UK data centre
Tech secretary sets out goal to make UK a ‘scaleup powerhouse’
Davos 2024: AI most relevant for fintech development until 2029
Recommended reads and listens
Why Denmark is a hotbed for healthtech startups and innovation
Corporate fintech Neo says it can grow European business without external funding after hitting profit
These are the fastest-growing open-source startups in Europe Q4 2023
Monzo, Starling and Revolut see drop in account closure complaints
Britain’s cyber spies mark 80th anniversary of secret code-breaking computers
European tech startups to watch
Elv.ai secures €500,000 to battle misinformation and hate speech online
Runnr.ai secures €1M funding for automated hotel guest engagement
Jampy secures €1M pre-seed to raise the bar in pet wellness
Elaia and YCombinator back Phospho with €1.7M for GenAI application monitoring
Remuner secures €2M for sales commission optimisation 3 months after launching