This week in European tech: Aleph Alpha goes big, Getir gets Fresh(Direct), and what’s up with AI startups in France?
This week, our research tracked more than 90 tech funding deals worth over €1.4 billion. We saw over 10 exits and M&A transactions on the other end of the spectrum.
In addition to this week’s top financials, we’ve also indexed the most important/industry-related news items you need to know about.
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Either way, let’s get you up to speed.
Notable and big funding rounds
Aleph Alpha raises over $500M in Series B funding for European AI development
Technique Solaire’s €200M investment boosts solar and biogas infrastructure
Enable secures $120M for rebate management, now valued at $1.12B
Noteworthy acquisitions and mergers
Getir’s ambitious North American growth: FreshDirect acquisition
Crowdcube acquires Semper, advancing secondary share sales in Europe’s startups
AppsFlyer acquires DevtoDev data analytics for games and app devs
Interesting moves from investors
Ex-Atomico investor and Glovo founders launch Yellow, a VC firm for Southern Europe
Kvanted Ventures launches €70M fund for nordic industrialtech startups
Munich-based Acton Capital announces €225M fund for European and Canadian startups
PSG Equity closes second European fund at more than €2.6B
Supernova Invest and Crédit Agricole launch €60M agri-agrotech fund
In other (important) news
Google, telecom heavyweights push for interoperability on Apple’s iMessage
Bank of England unveils plan to regulate digital pound
UK rule makers set out roadmap for regulating stablecoins
AI Act: MEPs mull narrow facial recognition technology uses in exchange for other bans
Frontex illegally processing migrants’ data, EU watchdog says
Recommended reads and listens
Klarna employees “relieved” after strike averted, as unions predict agreement could “spark” Spotify deal
Ada Ventures report: 10x more LP capital goes to VC funds owned by men
Bitwala CEO: “zero” confidence that investor confidence is back behind crypto but thinks relaunched app will fly
Here’s why unicorn status eludes Europe’s new social media networks
There’s something going on with AI startups in France
European tech startups to watch
Chiral Nano obtains €156,000 to accelerate nanoelectronics production
İzmir Token receives €328,000 investment from Sedat Ocakci
Portaire pulls in £550,000 for interior design platform
E-charging startup Eway raises €675,000 in funding
Tarnoc ropes in €800,000 to make clean and affordable heating a reality
Lead image: Photo by Solen Feyissa
