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Dyson to Kick Off $3.7bn Tech Spending Spree

November 27, 2020

British appliances firm Dyson says it will invest an extra £2.75bn ($3.67bn) in new technology over the next five years, as it aims to double the number of products it sells. The…

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Milan’s Kampaay Wins $689,000 for Digital Events Platform

November 23, 2020

Italian startup Kampaay, a platform that streamlines event organization, has won a €580,000 ($689,000) funding round to expand its solution. The firm, founded out of Milan’s Politecnico university, hooks events planners up…

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Belgium’s Astanor Ventures Raises $324m for Europe’s Biggest Impact Fund

November 20, 2020

Astanor Ventures, a Brussels-based venture capital firm, has raised €273 million ($324m) for a fund aiming to “revolutionize the food and agriculture sector.” The company will invest its newfound cash exclusively in…

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Spotify Buys Megaphone for $235m

November 10, 2020

Swedish music streaming giant Spotify has acquired podcast advertising and publishing firm Megaphone, in a deal worth a reported $235 million. The deal will help Spotify provide targeted ads, and expand advertising…

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Cellwize Raises $32m Round to Accelerate 5G Adoption

November 9, 2020

Israeli startup Cellwize has won a $32 million Series B funding round, as it continues its project to accelerate deployment of 5G networks worldwide. The round, led by Intel Capital and Qualcomm…

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Dutch EIT Kicks Off Bid to Build $118bn Green Hydrogen Economy

November 5, 2020

Dutch enterpreneurship hub EIC InnoEnergy has launched the European Green Hydrogen Acceleration Center (EGHAC), as part of the European Union’s so-called ‘Green Deal.’ The organization hopes its move will contribute to efforts…

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Deutsche Bank Ponders Tata Consultancy Tech Sale

October 22, 2020

Deutsche Bank is in talks to sell one of its major technology units to Tata Consultancy Services Ltd, a Mumbai-based conglomerate, according to a report by Bloomberg. Postbank Systems AG, a Bonn-based…

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British AI Startup Edgify Raises $6.5m Seed Fund

October 12, 2020

London-based AI firm Edgify has secured a $6.5 million seed funding round, as it seeks to expand work processing data generated at so-called “edge” devices. The round was led by Octopus Ventures,…

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German Code Startup Gitpod Secures $3m Funding

October 8, 2020

German startup Gitpod, a devtool popular with some of the world’s most successful tech teams, has raised a $3 million seed funding round, and will natively integrate with San Francisco’s GitLab. The…

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Italy’s Phononic Vibes Raises $2.7m for Noise-Reduction Tech

October 8, 2020

Italian deeptech startup Phononic Vibes, which creates solutions for noise and vibration reduction, has secured a €2.3 million ($2.7m) funding round led by compatriot firm EUREKA! Venture SGR. The round, which builds…

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Investment Roundup

Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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