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
