MYFLEXBOX secures €75 million, Taurus received $65 million and more than €660 million was invested in European Tech this week
This week, we tracked more than 80 tech funding deals worth over €660 million, and over 25 exits, M&A transactions, rumours, and related news stories across Europe.
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Finnish open source software champion Aiven raises $210 million, landing a $3 billion valuation
The Series D round was spearheaded by Eurazeo with participation from BlackRock and prior backers like IVP, Atomico, Earlybird, World Innovation Lab and Salesforce Ventures. Much like Finland in general, Aiven…
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Klarna hits 18 million monthly users as operating income rose 40% to top $1 billion in 2020
Klarna is said to be raising funds valuing it at around $31 billion, roughly tripling the company’s valuation after its most recent $650 million round in September. Siemiatkowski recently hinted to Reuters that,…
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How Yubo, one of the hottest consumer startups to come out of France, became an international hit
Editor’s note: this is a guest post from Chris O’Brien, an American journalist in Toulouse, France where he writes about technology, startups, travel, and culture. It was first published over at The French…
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Berlin’s MAYD gets paid in €30 million Series A round, Lightspeed leads the parade
“Until the introduction of the e-prescription, we will continuously develop the service for our customers and would like to further expand our leading position in the market,” commented MAYD co-founder Lukas…
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Cloud relational database company MariaDB lands on New York Stock Exchange
Patrik Backman, general partner of OpenOcean, MariaDB’s founding investor, said: “I am incredibly proud of the part OpenOcean has played in this journey. After founding and investing in the MariaDB company,…
Read more » Berlin’s groceries-in-under-10-minutes firm Flink bags $240 million in Series A round, signs long term REWE Group support agreement
Founded in late 2020 by serial entrepreneurs Oliver Merkel, Julian Dames, and Christoph Cordes, Flink is another player on the red hot get-to-my-door-faster-than-it-took-me-to-order-it trend popping up all across Europe. The company points to…
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Tel Aviv-based Seebo closes $24 million series B round
Predictive quality and yield solution provider Seebo has recently closed a series B funding totalling $24 million. Naturally, the funding is expected to be put towards global expansion and continual refinement of…
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Berlin-based on-demand delivery service Gorillas scores $290 million in series B round, becomes fastest European unicorn ever
Berlin-based ultra fast delivery service Gorillas has raised $290 million and become Europe’s fastest unicorn to date. The round was led by Coatue Management, DST Global and Tencent, with participation from Fifth Wall, Greenoaks and previous investor, Atlantic Food Labs.
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Doctolib raises €500 million, officially France’s most valuable startup at a €5.8 billion valuation
Paris-based platform for the healthcare industry Doctolib has raised €500 million in equity and debt funding, now giving the company a valuation of €5.8 billion. With this number, Doctolib officially overtakes Back Market as…
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