Happy Friday!

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

This week, our team tracked over 50 tech funding deals worth more than €400 million, as well as 10 M&A transactions, rumors, and related news stories across Europe, including Russia, Israel and Turkey.

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

1) U.S. tech giant Intel on Monday said . The acquisition will help another Israeli firm acquired by Intel, Mobileye, achieve its aim of becoming a complete mobility provider, including offering robotaxi services.

2) Back Market, the Paris-based online marketplace for refurbished electronics, from Goldman Sachs, Aglaé Ventures (the venture arm of Groupe Arnault) and Eurazeo Growth.

3) German digital bank , as it braces for economic uncertainty from the coronavirus pandemic. The investment, backed by existing investors such as Chinese tech giant Tencent and Peter Thiel’s Valar Ventures, is an extension to the company’s Series D investment round announced early last year. It brings the total raised in that round to $570 million, while the company has now raised $770 million to date.

4) Mobile operator , creating one of the U.K.’s largest entertainment and telecoms firms and a major rival to BT.

5) Microsoft is set to . The deal is in the latter stages of being finalized and according to sources close to the talks Microsoft will pay $165 million for the acquisition.

6) Stockholm-based , a communications unit called SAP Digital Interconnect (SDI), for €225 million on a cash and debt-free basis. SDI provides cloud-communication products to enterprise clients, and the Swedish company will acquire all assets and intellectual property as part of the deal.

7) as part of a plan that will involve opening a data center in the country to provide cloud services to businesses and government institutions, the company said in a statement on Tuesday.

8) Runa Capital, a California-based VC firm founded by four Russian entrepreneurs, , backed by existing LPs as well as founders of some of the firm’s portfolio companies, such as Nginx, Brainly, Ecwid, Final and Rocketbank.

9) Israeli-German startup to expand its automated accounting platform across Europe. The round was led by Vintage Investment Partners and supported by existing investors Battery Ventures, HV Holtzbrinck Ventures, Saban Ventures and btov Partners, as well as insurance company AXA Germany (AXA Innovation Campus) and Deutsche Bank.

10) Tel Aviv-based in Series A funding to expand its cloud security product for enterprise. The round was led by GGV Capital, with participation from seed investors YL Ventures and SVCI.

Podcast:

: Roxanne Varza on startups’ downsizing; Wil Benton on the future of ATI Boeing Accelerator + Special Episode:

Bonus link: