(Tech.eu) — Happy Friday! This week, Tech.eu tracked 8 technology M&A transactions and 57 funding deals (totalling €326 million) in Europe, Turkey and Israel.
Here’s an overview of the 10 biggest European tech news items for this week:
1) Several European and Israeli tech companies announced funding rounds of at least $20 million this week: DocPlanner ($20 million), Celonis ($27.5 million), Auro Technologies ($28 million), SundaySky ($30 million), Weka.io ($32 million), Trax ($40 million) and Tradeshift ($75 million).
2) High-Tech Gründerfonds — Europe’s most active early-stage investor — is raising a third fund, with a target size of €300 million.
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3) After 30 investments in Israel, VC firm Accel Partners recruited a partner (an ex-Facebook exec) on the ground. Also this week, Partech Ventures appointed new general partners in Paris and San Francisco.
4) Hungarian-American tech company Prezi hits 75 million users and enhances its presentation software with business productivity tools.
5) Swedish fintech firm iZettle turns five years old, launches new card reader, features and pricing.
6) TimeOut Group, the UK-based media and e-commerce platform, has filed for an IPO. In the meantime, Israeli-based IronSource says that it’s waiting for more favorable market conditions before hitting the public markets.
7) Also on the M&A front, Tencent is said to be considering the purchase of SoftBank’s majority stake in Supercell, in a deal that may value the Finnish gamemaker at $9 billion; French company Vivendi is set to buy out the founding family of French mobile-gaming company Gameloft; and Axel Springer acquired a 93% stake in US-based eMarketer for $242 million.
8) Uber was fined $900,000 in France for running illegal transportation operations with UberPOP, and Berlin’s ban on Airbnb short-term rentals was upheld by city court.
9) British lawmakers passed a new digital surveillance law, the much controversial Investigatory Powers Bill.
10) AmazonFresh launched grocery deliveries in London.
Bonus link: The US is no longer the dominant engine of global innovation, and Europe will overtake it — here’s why.
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This story originally appeared on Tech.eu. Copyright 2016
