Our team tracked about 40 tech funding deals worth nearly 鈧550 million ($654.2 million), plus over 15 M&A transactions, rumors, and related news stories across Europe, including Russia, Israel, and Turkey.
Meanwhile, here鈥檚 an overview of the 10 biggest European tech news items for the week (聽to get this roundup in your inbox every Monday morning):
1)聽E-commerce retailer聽聽that would value it at around 4.5 billion pounds ($5.95 billion), potentially the biggest listing of a British company since 2013.
2)听叠别谤濒颈苍-产补蝉别诲听, an online grocery marketplace in the Middle East and North Africa. In a press release, the German company says the acquisition is another step in its 鈥渜uest to pioneer q-commerce鈥, or quick commerce. Valued at $360 million, Instashop鈥檚 initial purchase price was about $270 million.
3)聽Auto1 Group, the German online used-car marketplace, is聽. The Berlin-based company was valued at about 鈧2.9 billion when SoftBank鈥檚 Vision Fund invested in 2018.
4)聽Facebook鈥檚 French subsidiary聽, including a penalty, after a 10-year audit of its accounts by French tax authorities.
5) WorldRemit, a U.K. online money transfer company, has 聽as the global pandemic intensifies demand for digital banking. The cash and stock deal is worth more than $500 million, and the combined company will be valued at more than $1.5 billion, according to Bloomberg sources.
6) U.K. challenger Atom Bank is 聽in a shareholder injection 鈥 its largest equity raise to date.
7)聽Israeli open source database company聽聽at a company valuation of more than $1 billion. The financing round was co-led by Bain Capital Ventures and TCV.
8)聽BITKRAFT Ventures, a Berlin-based VC with offices in London, Los Angeles and San Francisco,听聽for esports, gaming and interactive media. Cheques will go to seed and Series A rounds in startups that match the firm鈥檚 trademarked investment vision of 鈥楽ynthetic Realities鈥, where the physical and digital worlds converge and consumers flock for entertainment or play.
9) Napster, the pioneering digital music brand from way back when, is changing hands once more. A publicly-listed U.K. startup called MelodyVR, which creates immersive live music experiences that you watch either through VR headsets or phones, announced that 聽鈥 for $70 million.
10)聽Checkout lender Klarna has seen 鈥渟ignificant changes鈥 over the past six months, with the huge shift from offline to online spending bolstering its pay-later model. The result was聽 in the first half of 2020, with a resulting net operating income up 36 percent to $517 million. Net losses grew to $63.1 million.
Podcast(s):
: German startups against Google, funding for Omio and Voodoo, and we talk to Elizabeth Varley about TechHub
Bonus link(s):
Stay up to date with recent funding rounds, acquisitions, and more with the 附近上门 Daily.


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