Tech.eu Newsletter: 79 funding deals for European startups worth €1.4 billion, Nvidia wants to buy ARM, Klarna is now a decacorn

Your weekly digest of all things EU tech for Friday, 18th September 2020 Hey there, Before we start today's journey into the most important European tech news of this week, we've got a message for you: It's time to build! We're excited about the Oslo Innovation Week 2020 program and you are invited to join on September 21­-25! In addition to the 60 free online events created by the Nordic entrepreneurial community, they have curated a programme in collaboration with 5 partners on the Future of Work, Energy, Health Innovation, Circular Economy, Accelerating Growth. Speakers and panelists will be addressing questions like: What solutions do we need to build a better world? Why is it important for women to invest? How to scale through partnerships? Sign up to Oslo Innovation Week Studio. This week, we've tracked 79 tech funding deals worth over €1.4 billion, along with 13 M&A transactions, rumours, and related news stories across Europe, including Russia, Israel, and Turkey. Become a subscriber to access our full newsletter with a list of all weekly deals; to give you a taste of what it's like, we've included the biggest deals and exits below. Have a great week — see you soon in your inbox! ADVERTISEMENT       What happened this week in European tech?   Tech.eu Podcast #186: EQT buys Idealista, more money for Mollie and Klarna, and we talk to PJ Pärson of Northzone This week, we talk about some of the biggest stories in European tech from the past week, including EQT buying Idealista, funding for Mollie and Klarna, and trans-Atlantic data transfers. Also check out an interview with Pär-Jörgen Pärson, general partner at Northzone.   The tech battle for Belarus (and the world) Belarus is living through the toughest period in its history. The people of Belarus are standing up for freedom, human rights and dignity. Since the Presidential election that took place on the 9th of August, hundreds of thousands of Belarusians went to the streets to peacefully protest against the results. Only to be met with […]   How outsourcing helps seed-funded startups to smartly test the market by Jonathan Keane Editor's note: This is a sponsored article, which means it is independently written by our editorial team but financially supported by another organisation, in this case, Acid Tango. If you would like to learn more about sponsored posts on Tech.eu, read this and contact us if you are interested in partnering with us. Markets and […]   Read the full story     Polish e-commerce giant Allegro files for IPO, seeks to raise €225 million at a reported $10 billion+ valuation Polish ecommerce platform Allegro has filed for an IPO, with plans to raise 1 billion zlotys (€225 million) and debut on the Warsaw Stock Exchange. FT reports that advisers are targeting a valuation of between €10 billion and €12 billion. The offering will enable the group to repay part of its outstanding debt. Other reasons […]   Digital freight forwarder sennder acquires Uber's European freight business in an all-stock deal Sennder, a digital freight forwarder, has acquired Uber's European freight business in an all-stock transaction, thus making Uber a minority shareholder in the Berlin-based startup. Notably, the agreement includes a shipper referral program in which sennder will refer shippers seeking freight brokerage or similar services in North America to Uber Freight, and vice versa. Uber […]   Smart city operator Connexin banks £80 million to keep up with UK demand Connexin, a London-based smart city operator, has secured £80 million in funding to keep up with demand in the UK. Whitehelm Capital, an Australia-based independent infrastructure manager, bought a large minority stake in the company and says it has "earmarked further capital for investment through the partnership." "This investment isn't just about Connexin. It affects […]   CB Insights acquires Blockdata, a Dutch market intelligence platform for blockchain CB Insights, a New York-based analytics software that helps companies make technology decisions, has acquired Blockdata, a Netherlands-based company that tracks the global blockchain economy. CB Insights will open an office in Amsterdam, while Blockdata will both remain a stand-alone product with its own team and also be available to CB Insights clients. Financial details […]   Crista Galli Ventures, new fund from former NHS doctor, will put $65 million into early-stage healthtech startups European healthtech startups have a new investor at play, Crista Galli Ventures (CGV), an evergreen fund founded by a former NHS doctor. Dr. Fiona Pathiraja, a consultant radiologist, will lead the fund as it invests $65 million in early-stage companies. Specifically, investments will go to deep tech, digital health and personalised medicine in seed and […]   Dutch e-bike firm VanMoof raises $40 million as demand grows Only a few months after securing a €12.5 million funding round, Dutch e-bike company VanMoof has raised another $40 million in Series B funding to cope with growth. The fresh cash comes from Norwest Venture Partners, Felix Capital and Balderton Capital. VanMoof says it has seen 10x revenue growth in the past 24 months, hitting […]   All this and more was published this week on our website   Go to Tech.eu ADVERTISEMENT   Upcoming technology events in Europe 21-22 Sep - European Blockchain Convention 2020 Virtual - () 22-22 Sep - World Automotive Conference 2020 - () 23-30 Sep - Infoshare 2020 Online - (United Kingdom) 23-23 Sep - AI Waves - (United Kingdom) 27-02 Oct - Bits & Pretzels Networking Week - () 28-30 Sep - 10th Edition Consumer-Focused R&D and Innovation in the Wake of Economic Downturn - () 29-30 Sep - Return Ready Virtual Summit - () 03-04 Oct - Blockchain Hackathon 2020 - (Berlin, Germany) Check out Tech.eu/events for more European tech events happening in the coming weeks and months ADVERTISEMENT   Top 5 of 13: M&A deals, IPO filings and rumours UK: Nvidia to buy chip designer Arm for $40 billion as SoftBank exits SPAIN: Delivery Hero picks up Glovo's LatAm ops for $272M in latest food delivery consolidation POLAND: Polish e-commerce giant Allegro files for IPO, seeks to raise €225 million at a reported $10 billion+ valuation NETHERLANDS: CB Insights acquires Blockdata, a Dutch market intelligence platform for blockchain CROATIA: Rimac to acquire luxury brand Bugatti from Volkswagen Top 10 of 79: Funding rounds SWEDEN: Klarna raises $650 million at a $10.6 billion valuation GERMANY: Infarm raises $170 million in equity and debt to continue building its 'vertical farming' network FRANCE: T-Cell therapy firm wins massive €93 million Series A to treat solid tumors NETHERLANDS: Lava Therapeutics raises $83 million in Series C financing FRANCE: ImCheck announces investment by BB Pureos Bioventures to close Series B fundraising with total of €54 million SWITZERLAND: Polyneuron extends Series A to €33.95 million NETHERLANDS: Dutch e-bike firm VanMoof raises $40 million as demand grows UK: Challenger Allica Bank following £26 million funding led by Warwick Capital Partners Looks to raise £100 million ISRAEL: Team8 fintech led by former Leumi CEO raises $30m ISRAEL: Israeli cyber-security startup Medigate raises $30 million to secure all IoT medical devices   Become our next Tech.eu Patron! 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