News from Tech.eu

This Week in European Tech: EcoVadis scores $500 million+, Softgarden sells for $125 million, Project A closes $375 million fund, and more

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Robin Wauters @ Tech.eu 1 place · 06/17/2022 11:27 EDT

This week, our research team tracked close to 100 tech funding deals worth over €2.4 billion, and more than 22 exits, M&A transactions, and rumours, and related news stories across Europe.As alway... Read more ›

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Prematch scores €1.7 million-goal to bring pro-level football experiences to masses

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Megha Paul @ Tech.eu 2 place · 06/17/2022 08:07 EDT

With the FIFA world cup knocking at our doorsteps and the general rise in the number of VCs putting in their money in sports tech, there has been a big upswing in the digitised soccer market.Companies... Read more ›

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Amidst market turbulence and downsizing sprees galore, Prague's e-grocer Rohlik rings up €220 million

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Megha Paul @ Tech.eu 3 place · 06/17/2022 06:51 EDT

As we were all told to "stay home, save lives" one of the biggest beneficiaries of this policy was the e-grocery sector. However, funding in the market has become, shall we say, extremely sluggish(?) ... Read more ›

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Rohlik rakes in €220 million to spread its tentacles in Europe

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Megha Paul @ Tech.eu 2 place · 06/17/2022 06:07 EDT

The e-grocery sector has been one of the biggest beneficiaries of the pandemic. As investors continue to keep showering funds in the market, Prague’s very own unicorn and e-grocer Rohlik has raised €2... Read more ›

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Eurazeo snaps up SME-focused benefits platform WiiSmile for €70+ million

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Dan Taylor @ Tech.eu · 06/17/2022 05:36 EDT

Employee benefits platform WiiSmile has received an investment north of €70 million that will see Eurazeo become the company’s majority shareholder. Existing WiiSmile investor NextStage AM stated that... Read more ›

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Yapısoft builds in €110,000 to digitise construction sector in Turkey

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Megha Paul @ Tech.eu 1 place · 06/17/2022 05:25 EDT

Turkish construction tech startup Yapısoft has raised €110,000 in a crowdfunding round through the fund finder. The funding was completed in 73 hours at a rate of 126 percent. The additional cash will... Read more ›

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London-based Peckwater cooks up £15 million to speed up food delivery

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Megha Paul @ Tech.eu 1 place · 06/17/2022 04:19 EDT

London-based company Peckwater Brands has raised £15 million in funding to develop its technology that enables kitchen operators to succeed at delivery – including machine learning-generated menus and... Read more ›

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Why female-friendly tech matters [Advertorial]

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Guest Writer @ Tech.eu 1 place · 06/17/2022 04:06 EDT

If it sometimes seems like the odds are stacked against women in business, then the figures back it up: globally, women make up over 50% of the population but own only 1% of the total wealth. This spu... Read more ›

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Devtech snaps up Serbian interactive agency Saturized

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Dan Taylor @ Tech.eu · 06/16/2022 10:57 EDT

Serbian digital innovation services firm Devtech has acquired multimedia agency Saturized. Over the course of its 15-year history, Saturized has produced omnichannel experiences for brands including G... Read more ›

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BirdsEyeView gets ESA backing to structure weather-based insurance for SMEs

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Megha Paul @ Tech.eu · 06/16/2022 09:38 EDT

Extreme and volatile weather changes brought about by climate change are increasing in both frequency and severity, with global economic losses from natural catastrophes reaching $190 billion in 2020,... Read more ›

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Skytrain takes flight to attract US LPs to Berlin's venture capital funds 

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Jill Petzinger @ Tech.eu · 06/16/2022 08:39 EDT

While Europe attracted 18 percent of all global investment in 2021, Germany's capital and main tech hub, only received 1.5 percent of worldwide venture capital. Not that the city is a slouch on the te... Read more ›

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Amsterdam’s stress predicting NOWATCH clocks $8.7 million

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Dan Taylor @ Tech.eu · 06/16/2022 08:08 EDT

Amsterdam-based wearable healthtech startup NOWATCH has raised $8.7 million in funding. The company’s flagship product, a watch with no face, is able to predict stress triggers and alert wearers up to... Read more ›

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Fujitsu pitches in with £22 million to boost UK’s status as technology superpower

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Megha Paul @ Tech.eu · 06/16/2022 07:30 EDT

To speed up technology and science innovation in the U.K., Japanese multinational giant Fujitsu has geared up to establish its Centre for Cognitive and Advanced Technologies (C-CAT) with an initial in... Read more ›

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Webio nabs $4 million to build conversational AI platform for credit and payments industry

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Megha Paul @ Tech.eu · 06/16/2022 06:33 EDT

Irish messaging specialist Webio has raised $4 million in funding. The company is looking at doubling its headcount in the next six months to keep pace with demand from the U.K. and Europe.The Series ... Read more ›

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Spicing up financing for e-commerce, Prague’s Lemonero squeezes in €12 million

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Megha Paul @ Tech.eu · 06/16/2022 05:14 EDT

Prague-headquartered AI-driven embedded financing platform for e-commerce players Lemonero has raised investment from Komerční banka, member of the Société Générale Group. According to an undisclosed ... Read more ›

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Digital ski coach zips in $5.1 million to let you have more fun in the mountains

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Megha Paul @ Tech.eu · 06/16/2022 04:22 EDT

London-based digital ski coach Carv has raised $5.1 million in funding. The round was led by European games industry-focused VC firm Hiro Capital, with follow-on investment from Artesian VC and SOSV. ... Read more ›

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Catch up on meetings in minutes? tl;dv picks up €4.3 million to show how

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Megha Paul @ Tech.eu · 06/16/2022 03:11 EDT

Betting big on the trend, Cologne-based meeting startup tl;dv has raised €4.3 million in funding to record, transcribe, and timestamp virtual meetings. The seed round was led by Madrid-based K Fund, w... Read more ›

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Upvest raises $42 million in Bessemer-led round, lays the groundwork for international expansion

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Dan Taylor @ Tech.eu · 06/16/2022 00:58 EDT

Berlin-based Upvest is back at it, this time with a $42 million Series B funding round led by Bessemer Venture Partners; the same firm that’s seen 135 portfolio company IPOs and backed the likes of Pi... Read more ›

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Shard Credit Partners launches £75 million venture debt fund to back fintech and SaaS firms

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Megha Paul @ Tech.eu · 06/15/2022 10:19 EDT

Venture debt is becoming increasingly popular with high growth technology companies globally in recent years.  While the asset class is highly developed in the U.S., the venture lending market is in i... Read more ›

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Jumpstory shutters $1 million in seed round, aims to expose all that is wrong with the stock photography industry

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Dan Taylor @ Tech.eu · 06/15/2022 09:51 EDT

Denmark-based Jumpstory has received $1 million in seed funding. The stock photography platform seeks to differentiate itself from incumbents including Unsplash, Shutterstock, and Getty Images by deli... Read more ›

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