Tech
Creandum launches €500M fund, Croatia challenges China and GenAI safety pays off
![Creandum launches €500M fund, Croatia challenges China and GenAI safety pays off Creandum launches €500M fund, Croatia challenges China and GenAI safety pays off](https://cdn.tech.eu/uploads/2024/04/download-17-48.jpg)
This week our research tracked more than 80 tech funding deals worth over €632 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.
Either way, let’s get you up to speed.
💸 Notable and big funding rounds
🇳🇱 BioBTX bags over €80M to launch the first commercial renewable aromatics plant
🇨🇭 M^0 raises $35M in Series A funding
🇫🇷 French EV charging startup Gireve raises €20M
🫱🏽🫲🏻 Noteworthy acquisitions and mergers
🇬🇧 Ciphr acquires Shape Payroll
🇪🇸 Seedtag acquires Beachfront
🇺🇦 Ukrainian IT company Digis merges with Scalamandra
🚀 Interesting moves from investors
🇪🇺 Klarna, Spotify and Bolt investor Creandum close seventh fund at €500M
🇩🇪 Northern Data Group partners with NVIDIA to launch accelerator
🇪🇸 Development institute (INFO) of Murcia allocates €1M to startups in the region
🇺🇦 Angels for Ukraine investment fund launches to support startups in Ukraine
🗞️ In other (important) news
🧪 Europe’s Deeptech Meetup: Bpifrance wants to propel French industrial startups to the next level
🇪🇺 Technology startup Rierino partners with FeatureMind to deliver seamless e-commerce and digital transformation experiences in EMEA
💸 UK wealthech backed by Tom Blomfield looks to crowdfund £1M
🚘 Vay roll out remotely controlled vehicles in Belgium
🇦🇹 Innovation at the heart of Europe: Austria’s tech renaissance and global impact
📡 Recommended reads and listens
🌎 Venture and growth investing for sustainability and societal impact
🇬🇧 UK startups trailing on net zero and responsible AI
🇭🇷 How two unicorns pushed Croatia ahead of China in GDP Share
🇸🇪 Sweden set to receive $3.2B investment from Microsoft for cloud and AI infrastructure
🔭 European tech startups to watch
🇩🇪 Quantica increases Series A to €19.7M to fuel growth of its additive manufacturing techs
🇹🇷 Turkish Fintech Sipay secures $15M
🇫🇷 Sopht raises €3.3M for energy reduction SaaS
🇪🇸 Alinia AI raises $2.4M for safe deployment of generative AI