This week, Tech.eu tracked 16 technology M&A transactions, one IPO, and 75 funding deals (totaling €379 million) in Europe, Turkey, and Israel. Here’s an overview of the 10 biggest European tech news items for this week:
1) Dutch food delivery company Takeaway.com is planning to go public in Amsterdam by the end of this month, and this week announced its IPO price range. It might fetch a valuation of more than €1 billion post-listing.
2) Europeans will get free roaming after all (but there’s a catch or two).
3) OurCrowd, the Jerusalem-based equity crowdfunding company, this week announced the closing of $72 million in Series C funding.
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4) Two interesting acquisitions developed in Spain, as Airbnb picked up Barcelona-based peer-to-peer travel startup Trip4real, and Twilio acquired WebRTC media processing tech from Madrid’s Kurento.
5) Nordic payments firm Nets started trading in Copenhagen this week and was valued at $4.5 billion.
6) German ecommerce investor Rocket Internet this week reported progress in cutting losses at its main startups, with three of them set to generate profits by the end of 2017.
7) Swiss insurance tech startup FinanceFox has raised $28 million in Series A financing.
8) Deutsche Bank and Axel Springer Plug and Play have joined forces to invest in technology startups.
9) Renault and Nissan are to buy French software development company Sylpheo as they compete with global automakers and tech firms to develop new services, including ridehailing and car-sharing.
10) Ericsson is to end Swedish production and cut 3,000 jobs.
Bonus link: SaaS Wars: Europe Awakens.
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This post first appeared on Tech.eu.
