German fintech software firm Bexio raises €7 million
The German startup Bexio, a provider of cloud-based software for SMEs, has raised €7 million. The funding comes from Swisscom Ventures and existing investors Redalpine Venture Partners AG and Armada Investment AG. Last year the company more than doubled its customer...
Electric car charge point provider POD Point raising £9 million
The UK’s POD Point, a provider of electric car charging stations, is raising £9 million in fresh funding to fund its expansion across Europe. The funding is a mix of VC investment and equity crowdfunding. Draper Esprit and Barclays Capital have invested £5 million and...
These were the 10 biggest European tech stories this week
Happy Friday! This week, Tech.eu tracked 20 technology M&A transactions and 79 tech funding deals totalling €325 million in Europe, Turkey and Israel. Like every week, we listed every single one of them in our free weekly newsletter, along with interesting news...
Berlin’s curated shopping pioneer Modomoto secures €6 million and plans for a profitable year 2017
The Curated Shopping Group (Modomoto & The Cloakroom), with the participation of the former shareholders, has just closed a successful financing round with AUDEN AG in the amount of €6 million. The company is receiving €5 million from the new investor, whose share...
UK sports platform Minute Media raises $15 million
UK-based Minute Media, a fan-driven sports media platform, has closed a $15 million investment round. This brings the total raised by the startup to $60 million. Minute Media plans to use the funds to expand into key global markets ahead of the 2018 World Cup....
Swedish music startup Auddly takes in €2 million
Swedish music producing and sharing service Auddly has now raised €2 million. Among the investors are music producer Max Martin and Aviciis manager Ash Pour Nouri. Auddly is a song project management hub. It’s aim is that there should be no confusion about the rights...
El fondo europeo Atomico levanta 765 millones para invertir en startups maduras
Compañías como JobandTalent, FreedomPop, Uniplaces o Klarna no serían lo que son hoy sin el apoyo de Atomico, uno de los grandes fondos de inversión de Europa y que hoy es noticia al haber cerrado una ronda de financiación de 765 millones de dólares. El equipo de...
Cebiotex cierra una segunda ronda de financiación de 1,8M€
Cebiotex –una spinoff del Hospital Sant Joan de Déu de Barcelona (HSJD) y de la Universitat Politècnica de Catalunya (UPC) con sede en el Parc Científic de Barcelona– ha cerrado una ronda de financiación por un importe de 1.8 millones de euros que le permitirá...
Barcelona’s ID Finance raises $50 million in debt to boost its Latin American plans
Barcelona-based fintech company ID Finance has raised $50 million in debt financing from several sources. The round includes $15 million from TransKapitalBank, $3 million from Russian food magnate Vadim Dymov, and contributions from Fora Bank. ID Finance is a balance...
mytaxi acquires taxibeat, the leading taxi app in Greece, for around €40 million
mytaxi, the Hamburg-based taxi e-hailing company, announced today that it has acquired Taxibeat LTD, the operator of the popular taxi booking app Taxibeat in Greece. With this acquisition, mytaxi has consolidated its presence in the international mobility market and...