Tech
$145M for Pigment’s business forecasting, Easop acquired by Remote, and German startups to watch
This week our research tracked more than 55 tech funding deals worth over €629 million, and over 15 exits, M&A transactions, rumours, and related news stories across Europe.
In addition to this week’s top financials, we’ve also indexed the most important/industry-related news items you need to know about.
If email is more your thing, you can always subscribe to our newsletter and receive a more robust version of this round-up delivered to your inbox.
We’ve also published our Q1 report whch is available in full to premium members.
Either way, let’s get you up to speed.
💸 Notable and big funding rounds
🇫🇷 Pigment raises $145M Series D to enhance strategic decision-making in business
🇫🇷 BlaBlaCar secures €100M credit facility for growth ambitions
🇸🇪 Scayl comes out of stealth with its “fintech for fintech lenders” and €100M funding
🫱🏽🫲🏻 Noteworthy acquisitions and mergers
🇬🇧 Content curator Wakelet acquires online portfolio provider Bulb
🇫🇷 Easop acquired by Remote to supercharge its HR SaaS
🇩🇪 The Stuttgart-based DI Group takes over the majority of finance, baby
🚀 Interesting moves from investors
💶 Crowdfunding platform Seedrs targets sport following restructure
🔬Empirical Ventures raises £8.25M for deep science
🇸🇪 Main Capital takes in SEK 28 billion – eyes on Sweden
🗞️ In other (important) news
🇪🇺 Q1 2024 shows a resilient quarter for European tech companies
🇪🇺 18 European mobility companies join forces with a call to action for transport innovation
🤖 Inside the UK’s AI company incorporation boom
📡 Recommended reads and listens
🇩🇪 10 German startups to watch in 2024
🥕 Agritech’s time to shine: State of Foodtech 2024
📲 Vectary API allows more startups to model using AR
🌳 How circular economy startup Bpacks is utilising bark to reduce plastic waste
👷Connected worker platform Zaptic lands industry connections via Hexagon’s Sixth Sense Program
🔭 European tech startups to watch
💡Syntropic raises seven figures for light-based depression treatment
🎛️ Warwick Acoustics raises £7M to increase production of sustainable in-car audio systems
✈️ Tour operator Eurotrips secures €260,000 investment from Day 8
🇪🇪 Baker Hughes backs Elcogen to scale its leading solid oxide technology for hydrogen
🇸🇪 Ironic biotech raises €1M for plant-based proteins high in iron