Our team tracked about 40 tech funding deals worth nearly ���550 million ($654.2 million), plus over 15 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 the week (��to get this roundup in your inbox every Monday morning):
1)��E-commerce retailer����that would value it at around 4.5 billion pounds ($5.95 billion), potentially the biggest listing of a British company since 2013.
2)泭詁梗娶梭勳紳-莉硃莽梗餃泭, an online grocery marketplace in the Middle East and North Africa. In a press release, the German company says the acquisition is another step in its ���quest to pioneer q-commerce���, or quick commerce. Valued at $360 million, Instashop���s initial purchase price was about $270 million.
3)��Auto1 Group, the German online used-car marketplace, is��. The Berlin-based company was valued at about ���2.9 billion when SoftBank���s Vision Fund invested in 2018.
4)��Facebook���s French subsidiary��, including a penalty, after a 10-year audit of its accounts by French tax authorities.
5) WorldRemit, a U.K. online money transfer company, has ��as the global pandemic intensifies demand for digital banking. The cash and stock deal is worth more than $500 million, and the combined company will be valued at more than $1.5 billion, according to Bloomberg sources.
6) U.K. challenger Atom Bank is ��in a shareholder injection ��� its largest equity raise to date.
7)��Israeli open source database company����at a company valuation of more than $1 billion. The financing round was co-led by Bain Capital Ventures and TCV.
8)��BITKRAFT Ventures, a Berlin-based VC with offices in London, Los Angeles and San Francisco,泭��for esports, gaming and interactive media. Cheques will go to seed and Series A rounds in startups that match the firm���s trademarked investment vision of ���Synthetic Realities���, where the physical and digital worlds converge and consumers flock for entertainment or play.
9) Napster, the pioneering digital music brand from way back when, is changing hands once more. A publicly-listed U.K. startup called MelodyVR, which creates immersive live music experiences that you watch either through VR headsets or phones, announced that ����� for $70 million.
10)��Checkout lender Klarna has seen ���significant changes��� over the past six months, with the huge shift from offline to online spending bolstering its pay-later model. The result was�� in the first half of 2020, with a resulting net operating income up 36 percent to $517 million. Net losses grew to $63.1 million.
Podcast(s):
: German startups against Google, funding for Omio and Voodoo, and we talk to Elizabeth Varley about TechHub
Bonus link(s):
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