(Editor’s Note: This is a compilation of articles from the week, courtesy of and shared with Crunchbase News as part of a new content partnership.)
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 70 tech funding deals worth more than €600 million, as well as under 10 M&A transactions, rumours, 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) Israeli smart dashcam company led by Corner Ventures with participation from Samsung NEXT, La Maison, Micron Ventures, Sompo, Atreides Management, and previous investors Aleph, Mosaic Ventures, Ibex Investors, and Nationwide. This brings the vision-based software company’s total funds raised to date to nearly $100 million.
2) Paris-based VC , Partech Entrepreneur III, for seed-stage investments in post-COVID trends in health, work, commerce, finance, mobility and computing. Forty investments have already been made, including 10 since the start of the pandemic.
3) Compass Pathways’ work on treatment-resistant depression received a big backing from investors. The London-based mental health care company closed that included participation from existing investor ATAI Life Sciences, as well as new investors.
4) Norwegian videoconferencing company Pexip, whose technology is used by the U.S. government, Spotify and PayPal is seeking to in Scandinavia.
5) SkyCell, the Swiss manufacturer of data-driven temperature-controlled smart containers for the pharmaceutical industry, has .
6) Deliveroo is as it struggles with demand during the coronavirus lockdown. Fifty Deliveroo employees have also been furloughed as part of the decision.
7) Hungarian competition watchdog for unfair business practices, including misleading advertisements and psychological pressure on consumers.
8) Deliverect, a Ghent-based software that manages online food orders for restaurants, led by OMERS Ventures, with contributions from Newion, SmartFin, and the company’s own founders.
9) Templafy, a Danish startup that helps anyone in a company create new documents while adhering to branding and legal guidelines, of funding led by Insight Partners.
10) Swiss quantum technology company , with a company valuation at around €50 million. The investment was led by Lakestar and supported by several business angels.
Podcast:
: Fred Destin (Stride) on VC’s role in crisis; Richard Muirhead (Fabric) on governmental support for startups
+
: From legal tech and online learning to brain stimulation and depression treatment; check out the conversations with Anthony Rose of SeedLegals, Gauthier Van Malderen of Perlego, and Daniel Månsson of Flow Neuroscience.
Bonus link:
“When Europe enacted the world’s toughest online privacy law nearly two years ago, it was heralded as a model to crack down on the invasive, data-hungry practices of the world’s largest technology companies. Now, . Europe’s rules have been a victim of a lack of enforcement, poor funding, limited staff resources and stalling tactics by the tech companies.” (The New York Times)
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