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Today In European Tech News By Tech.EU

Written by co-founder and editor-in-chief of Tech.eu, with previous stints at The Next Web and TechCrunch under his belt.

Good afternoon Europe!

Now that summer is over and people have returned to their (home) offices in droves, we figured we might try out a new format to continue keeping you abreast of everything that is going on in European tech.

We already have and and for that, but from now on we’re also going to publish a of all the funding and M&A deals, and other interesting stories we picked up on during the day.

Free of charge, of course, because we’re nice like that.

Daily deals

– 20 years in: EQT has agreed to Spanish online real estate classifieds platform provider from Apax Partners and its management for a whopping €1.3 billion. Apax bought idealista in 2015 at a reported €150 million valuation.

– Rien ne vas plus: Sweden’s Evolution Gaming Group, a company that develops, produces, markets and licenses Live Casino solutions to gaming operators, to the shareholders of digital entertainment company NetEnt to sell all their shares in NetEnt to Evolution. The amount of the deal – whose estimated settlement date is 2 November 2020, is approx. €1.9 billion.

– Notable funding rounds for two Israeli cybersecurity startups: Tel Aviv-based Snyk announced at a valuation of more than $2.6 billion, while has , bringing its total raised to around $40 million.

– Hello sunshine: , a Berlin-based startup that develops solar panel systems for consumers, has to expand internationally, closing its Series B round at €25 million.

– Listen up: London-based , which offers a subscription-based, curated audio content platform, has led by Earlybird, with Draper Esprit, Cherry Ventures and Horizons Ventures chipping in.

– I see you baby, shaking your asset: Wirecard Card Solutions today announced the signing of an asset purchase agreement with PayrNet Limited, a subsidiary of banking-as-a-service platform , to sell its card technology and ‘associated assets’ in the UK. The asset purchase agreement is expected to complete before the end of 2020.

– MOAR FUNDING: (France), (France), (Denmark), (Belgium), (Germany), (Germany), (Switzerland)

Worth knowing

– Ireland’s privacy watchdog has told Facebook that it will soon have to because the social media giant’s current procedures fall foul of EU law.

– Watching the Watchdog: The EU will set up a new college of supervisors, including national and European authorities, to oversee “significant” digital currencies including Facebook’s Libra, according to the European Commission’s cryptocurrency draft proposal .

– EU-ID: European Union leaders will ask the European Commission later this month to develop an EU-wide public electronic identification system (e-ID) to access cross-border digital services, according to the draft summit conclusions – .

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