Happy Friday!

We sincerely hope you and yours are keeping healthy and safe. Please take care of yourself and others.

This week, our聽 team tracked 75 tech funding deals worth 700 million euros ($784 million), along with a dozen M&A transactions, rumors and related news stories across Europe, including Russia, Israel and Turkey.

Meanwhile, here鈥檚 an overview of the 10 biggest European tech news items for this week (聽to get this roundup in your inbox every Monday morning):

1)聽German payment processor announced that聽, days after revealing a gaping 1.9 billion-euro hole in its accounts. The German arm of the firm has opened proceedings at a district court in Munich, citing 鈥渋mpending insolvency and over-indebtedness.鈥� It is currently evaluating whether insolvency applications have to be filed for subsidiaries of the wider Wirecard Group–the U.K.鈥檚 Financial Conduct Authority has already .

2)聽British e-commerce payments processor聽 after banking a $150 million Series B funding round. The firm is benefitting from the shift to online shopping during the global pandemic, reporting a 250 percent surge in online transactions between between May 2019 and May 2020.

3)聽Swile, a French fintech startup that offers digital solutions for employee rewards and benefits through a custom card and app,听, with new investor Large Venture–a VC fund–and prior backer participating.

4)聽Connect Ventures, a London-based VC firm focused on seed-stage investments,听聽to support product-led founders across Europe. This third fund was raised from a combination of existing and new LPs, including , , British Patient Capital, De Agostini, , and .

5)听, a Stockholm, Sweden-based podcast company, announced聽. The money is part equity raised in a round led by , , , F枚rsta AP Fonden and and part loan from a credit facility of 25 million euros provided by the in August 2019.

6)听, the used-car sales platform, has reached “unicorn” status after 聽to spur growth. Cazoo closed a 拢100 million round earlier this year, and this round brings its total raised to 拢200 million in a short time.

7)听 must immediately聽听颈苍肠濒耻诲颈苍驳 and in Germany, according to a ruling by the country鈥檚 highest court.

8) Berlin-born conversational artificial intelligence startup in a Series B funding. The round was led by and joined by existing investors , 468 Capital, Basis Set Ventures and . The company will also launch a new technology hub in Edinburgh, Scotland.

9)听 (BGV), an early-stage VC in European biotech,听, bringing the Dutch firm鈥檚 total assets under management above 220 million euros. Investors in BGV IV include , , the , and .

10)听鈥檚 investment in London-headquartered food delivery start-up is looking increasingly likely to be approved by the U.K. competition regulator. The announced on Wednesday that .

Podcast(s):

: Wirecard misses billions, EU investigates Apple, and we interview the CEO of Parkwalk

Bonus link(s):

A well-curated overview of聽聽by mr. Seedtable,听