Date | Title | Description |
14.10.2024 | Last week recap: European tech companies raised over €956M, around 73% collected by 10 biggest deals | Last week, we tracked more than 70 tech funding deals worth over €956 million, and over 5 exits, M&A transactions, rumours, and related news stories across Europe.
In Q3 2024, European tech companies raised €11 billion over 891 deals. C... |
05.04.2024 | $145M for Pigment's business forecasting, Easop acquired by Remote, and German startups to watch | This week our research tracked more than 55 tech funding deals worth over €629 million, and over 10 exits, M&A transactions, rumours, and related news stories across Europe.
In addition to this week's top financials, we've also indexed ... |
02.02.2024 | Boutique e-motorcycle startup Cake files for bankruptcy | Electric motorcycle startup Cake filed for bankruptcy February 1, CEO Stefan Ytterborn has confirmed to TechCrunch.
The Swedish company was in the middle of a funding round, just prior to the filing, but apparently the withdrawal of an inve... |
25.01.2024 | January 2024 is turning out to be one flurry of activity after another for European tech | It's been a wild one out there this week. As one industry veteran said to me, "Wow there's a lot of news. It's like the industry switched it back on."
To help keep you up to speed and in the know, we're highlighting some of the bi... |
12.01.2024 | OpenAI-backed 1X scores $100M, a16z shores up UK insurtech, and over €2.2B was invested in European tech this week | This week our research tracked more than 80 tech funding deals worth over €2.2 billion and over 20 exits and M&A transactions on the other end of the spectrum.
In addition to this week's top financials, we've also indexed the most impor... |
25.12.2023 | Visma skyrockets with additional €3B, and over €6.3B for the European tech last week | Last week, we tracked over 85 tech funding deals worth over €6.3 billion, and over 25 exits, M&A transactions, and rumours; all alongside a host of related news stories across Europe.
We also published our Annual Report containing indus... |
22.12.2023 | This week in European tech: Visma skyrockets, Delivery Hero regroups, and AI is not an inventor | This week our research tracked more than 85 tech funding deals worth over €6.3 billion, and over 25 exits, M&A transactions, rumours, and related news stories across Europe.
Last week we brought you our Annual Report, and we'll continue... |
01.09.2023 | VanMoof saved, photons and solar, and over €188.5M was invested in European tech this week
💸 Notable and big funding rounds
🫱🏽🫲🏻 Noteworthy acquisitions and mergers
🚀 Interesting moves from invest... | This week, our research tracked more than 65 tech funding deals worth over €188.5 million. On the other end of the spectrum, we saw over 15 exits and M&A transactions.
As always, we've also indexed the most important/industry-related ne... |
19.05.2023 | This Week in European Tech: Wefox keeps $4.5B valuation in latest funding round, Ripple buys Metaco in $250M deal, Seedcamp closes $180M fund, and more
What happened this week in European Tech? | This week, our research team tracked more than 65 tech funding deals worth over €984 million, and over 15 exits, M&A transactions, rumours, and related news stories across Europe.
As always, we are putting all weekly deals together for ... |
20.04.2023 | The Week in AgriFoodTech: Canopy raises $60m to help forests, CropX nets $30m for farm management | This week, non-profit organization Canopy raised funds to help restore forests and farm management platform CropX landed $30 million. Restaurant tech platform Odeko secured $53 million, while a new CRISPR-based research project kicked off a... |
04.04.2023 | Electric boat startup X Shore raises €27m to reach profitability | Swedish EV startup X Shore, which creates all-electric power boats, is today announcing a €26.5m raise led by the investment leg of Swedish Bank SEB. It says the cash will be used to continue to scale its in-house boat production and accele... |
16.02.2023 | Foodora Launches Investigation To Find “Risks Or Gaps” In Its Work Practices | DEU Germany Deutschland Berlin Ein Essenskurier von Foodora steigt mit seiner Ausrüstung in eine ... [+] S-Bahn. (Photo by Thielker/ullstein bild via Getty Images)ullstein bild via Getty Images |
24.11.2022 | Occto raises €4.6 million to fast forward the way companies create relevant customer experiences | Industrifonden invested in Occto already in January 2021 and today we are happy to announce our continued support and investment in the company. This €4.6 million round was led by Amsterdam based Newion, with continued participation from Mu... |
15.11.2022 | From the founders of Acast, Sesamy is setting out to ‘de-wall’ digital content | A new startup from the founders of Acast today announced a $3.4 million seed round of funding to “de-wall” digital content, including e-books, audiobooks and news articles.
After recently severing ties with Acast, a popular podcasting platf... |
02.08.2022 | Tech company layoffs in Europe: the list | The tech company layoffs have hit Europe. Several of Europe’s best-known startups have made drastic cuts to their teams in order to cut costs and preserve their cash runway as the global economy takes a downturn.
Tech stocks have crashed on... |
06.06.2022 | Monday 6 June 2022 - Rimac Group gears up with €500 million, Yotta goes for £52 million, and more than €1.8 billion was invested in European Tech last week | Last week we tracked more than 110 tech funding deals worth over €1.8 billion, and upwards of 15 exits, M&A transactions, rumours, and related news stories across Europe.
As a paid subscriber, you get access to all the deals we've uncov... |
23.05.2022 | Klarna lays off 10% of its team amid valuation crunch | The Swedish buy now, pay later company Klarna is about to lay off 10% of its workforce, according to the CEO and cofounder Sebastian Siemiatkowski. LinkedIn shows that the company has more than 6,500 employees.
In a prerecorded video messag... |
09.11.2021 | Motatos raises €24m to expand its discount food waste deliveries to new markets | The pandemic has made more consumers comfortable with buying food online. This shift, combined with a widespread awakening to the issue of food waste, has startups licking their lips.
One of them is the online discount food store Motatos, o... |
12.10.2021 | Yaytrade breaks into Breakit’s top 99 hottest tech scale-ups for 2021 | Yaytrade breaks into Breakit’s top 99 hottest tech scale-ups for 2021 Tue, Oct 12, 2021 16:01 CET
Ytrade Group AB (publ) ("Yaytrade") is one of the top 99 tech companies qualifying for the list of Sweden's hottest scale-ups. With ... |
14.09.2021 | Обзор технологических стартапов в образовании за последнюю неделю | CollegeDekho
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Что стало известно об инвестировании в стартапы EdTech за прошедшую неделю
В порядке возрастания привлеченных инвестиций.
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Интерактивное и персонализированное приложение для изучения языков дл... |
13.09.2021 | Stockholm’s Qred, a Small Business Lender, Acquires Substantial Investment from Nordic Capital | Stockholm-headquartered Qred, a small business lending service provider, has reportedly received a substantial investment from Nordic Capital.
Although the exact amount invested has not been shared publicly, Sweden’s Breakit.se reveals that... |
08.09.2021 | ZeroPoint Technologies raises €2.5 M, led by Industrifonden | The Deep Tech landscape of today offers a lot of investment opportunities and Industrifonden’s strength is to spot and research the best innovations. Therefor we’re very proud to announce that we have led a EUR 2.5 million seed round in Zer... |
26.07.2021 | On-demand grocery delivery: A regularly updated list of market expansions | The on-demand grocery delivery sector is as spicy as Nando’s hot sauce right now.
And it’s changing every few days, as companies raise money at a record-breaking pace, plow into new markets and hire like wildfire.
So, to keep you up to date... |
14.07.2021 | Industrifonden leads a €5 M investment in Logical Clocks | We are proud to announce that we have successfully led a €5 M Series A investment round in Logical Clocks, the company that launched Hopsworks, the world’s first open-source Feature Store for AI. Hopsworks has already attracted industry lea... |
28.06.2021 | Announcing our €2 m investment in trademark protection software Digip® | We are proud to welcome Digip® AB, a Swedish SaaS company in the legal tech industry that make trademark protection accessible, affordable, and functional, to the family. The company raises €2 million in a funding round led by Industrifonde... |
23.06.2021 | Leeroy appoints Karin Whitlock as new CEO | Leeroy has appointed Karin Whitlock as the new CEO of the company to lead and further accelerate the international expansion. Read the full news article here (in Swedish): |
20.04.2021 | Exclusive: Lunar Bank set to acquire veteran fintech, Lendify | Lendify, a veteran Swedish digital lender, is being bought by Lunar, a Danish digital bank, Sifted has learned.
The acquisition comes after a difficult 2020 for alternative lenders like Lendify. In particular, the startup saw its applicatio... |
02.02.2021 | Zenith invests when Vionlabs raises more capital and strengthen the team | We are happy and proud to continue our journey together with this impressive company which has seen a significant boost during 2020. Read more about Vionlabs’ latest financing round and recruitment here (in Swedish): https://www.breakit.se/... |
13.12.2020 | Swedish consumer e-commerce giant BHG acquires online retailer Nordic Nest in €175 million deal | Nordic e-commerce powerhouse BHG has acquired 97.6% of Scandinavian design e-tailer Nordic Nest, it announced on Sunday (hat tip: Breakit). The deal values Nordic Nest, which was founded in Sweden back in 2002 (under the name Designonline),... |
25.11.2020 | Want to invest in Klarna before the IPO? Then Christmas has come early | Swedish startup Tioex has managed to do the almost impossible: it has managed to buy secondary shares in Klarna for its members.
Tioex, which in English would be translated to ’10x’ and is a nudge to venture capital firms’ focus on creating... |
21.09.2020 | Swedish fintech star Tink makes its third acquisition this year in deal with UK-based OpenWrks | Stockholm, Sweden-based Tink has acquired the ‘Open Banking Aggregation Platform’ from UK-based OpenWrks (via Breakit).
After acquiring Instantor and Eurobits earlier this year, Tink notes that this asset purchase and partnership strengthen... |
24.04.2020 | Support measures for startups affected by coronavirus: the ultimate resource | As the coronavirus pandemic forces Europeans to stay at home and leaves companies fretting about economic consequences, startup founders across the region are wondering what to do about cash, debt and staff.
Fundraising aside, attention is ... |
05.01.2020 | These were the 10 biggest European tech stories this week | Happy Sunday!
This week, and for the first time this decade, our research team tracked more than 15 tech funding deals worth more than €250 million, as well as under 10 M&A transactions, rumours, and related news stories across Europe, ... |
09.10.2019 | The week in mobility: scooter funding & regulation debate | Scooter startups have once again stolen the headlines this week, but Bird and Tier’s mega funding rounds aren’t the only interesting things to have happened in the mobility sector. Here’s our roundup of what’s been going on: 1) It’s fundrai... |
20.09.2019 | H&M tests selling external brands | H&M may change its business model in the near future. The Swedish fashion giant will experiment with selling external brands and products on both its online platform and in selected stores.
The news about H&M selling external brands... |
26.03.2019 | Miss Mary recruits new talents – Mar 26, 2019 | Miss Mary recruits three new profiles within e-commerce, fashion and consumer-oriented products. |
22.01.2019 | Stockholm-based logistics startup Airmee raises €3.7 million for its “last mile” delivery platform | Stockholm-based startup Airmee offers a “last mile” distribution solution for e-commerce companies. It’s platform allows e-commerce companies to schedule routes for deliveries in real time, enabling faster and more flexible deliveries.
Foun... |
30.11.2018 | Swedish life coaching app Remente reaches almost one million users | Gothenburg-based Remente, a personal development app that gives users insights into their behaviour and helps them to reach their goals, has grown to reach almost one million users.
The app lets you create step-by-step goal plans and incorp... |
26.11.2018 | Shopify acquires Tictail | Ecommerce software provider Shopify has acquired the Swedish startup Tictail. The news was confirmed when merchants using Tictail tried to log in and got a message about the ecommerce platform joining Shopify.
According to Breakit, online r... |
21.11.2018 | Shopify goes shopping; Swedish DIY e-commerce startup Tictail to fold into its bigger rival | Tictail, the Swedish tech company that offers a combination between a DIY e-commerce platform and a social shopping experience for buyers, has been acquired by its much larger, publicly-listed competitor Shopify.
The news, first reported by... |
12.10.2018 | Stockholm is looking to ban electric scooters ahead of Lime launch | The city authorities of Stockholm are working on a way to deal with shared electric push scooters, Di Digital reports. Hundreds of vehicles have been deployed on the city’s streets over the past couple of months by the local startup Voi Tec... |
14.09.2018 | Guy In Charge Of EU Copyright Directive Claims He Didn't Know What He Voted On, Needs To Fix Things | Following the decision earlier this week of the EU Parliament to vote for the destruction of the open web by putting in place some pretty awful copyright proposals, people began highlighting more and more problems with the bill. Most of the... |
11.09.2018 |
New investment: Walerud Ventures invest in Graphmatech AB together with ABB Technology Ventures | We are happy to announce a new investment!
Walerud Ventures has together with ABB Technology Ventures led a seed round from five investors in Graphmatech AB, a Swedish materials technology startup.
Graphmatech has invented a technology to... |
19.07.2018 | Sweden’s Engaging Care raises $800,000 for its digital healthcare SaaS | Engaging Care, a Swedish heathtech startup co-founded by Charlotta Tönsgård, who was previously CEO of online doctor app Min Doktor before being asked to step down, has raised $800,000 in “pre-seed” funding to continue building out its digi... |
19.03.2018 | How The Pirate Bay Helped Spotify Become a Success | When Spotify launched its first beta in the fall of 2008, many people were blown away by its ease of use.
With the option to stream millions of tracks supported by an occasional ad, or free of ads for a small subscription fee, Spotify offer... |
05.03.2018 | Spotify Owned uTorrent Before BitTorrent Inc. Acquired It | When Spotify launched its first beta in the fall of 2008, we described it as “an alternative to music piracy.”
From the start, the Swedish company set out to compete with pirate services by offering a better user experience. Now, a decade l... |
07.02.2018 | Jailed Streaming Site Operator Hit With Fresh $3m Damages Lawsuit | After being founded more than half a decade ago, Swefilmer grew to become Sweden’s most popular movie and TV show streaming site. It was only a question of time before authorities stepped in to bring the show to an end.
In 2015, a Swedish o... |
29.01.2018 | Shopping online from China becomes expensive in Sweden | Buying cheap products online from Chinese ecommerce websites is very popular in Sweden. Every day around 150,000 packages from websites like Alibaba and Wish arrive at Stockholm Arlanda Airport. Until now, customers didn’t have to pay taxes... |
08.01.2018 | ‘H&M will launch online discount store’ | Swedish fashion retailer H&M is secretly working on a new project, which aims to sell branded clothes online at discount prices. For now, the project has been dubbed P12 and it’s expected to launch somewhere in April.
Swedish business w... |
21.12.2017 | Yet More Copyright Trolls Invade Sweden Demanding Much More Money | Back in 2016, so-called copyright-trolling landed in Sweden for the first time via an organization calling itself Spridningskollen (Distribution Check). Within months, however, it was all over, with the operation heading for the hills after... |
26.10.2017 | Swedish bitcoin exchange Safello acquires blockchain firm Cryex in share deal | Swedish bitcoin exchange Safello has acquired Cryex, which was developing a blockchain-based platform for post trading, in a share deal.
Tech news site Breakit first reported on the deal this week. Safello CEO Frank Schuil (pictured) confir... |
25.10.2017 | ‘Amazon launches in Sweden within 12 months’ | Amazon will launch in Sweden. This rumor has been going around for quite some time, but now it’s just a matter of when, not if, Amazon will open Amazon.se to the Swedish public. Now the CEO of comparison site Pricerunner says Amazon will la... |
22.08.2017 | German game studio Black Forest Games acquired by Swedish game developer THQ Nordic | Swedish computer game developer THQ Nordic announced Monday that it has bought the German game studio Black Forest Games, in a deal worth up to €1.36 million.
Popular games developed by Black Forest Games include its Giana Sisters series, i... |
02.08.2017 | Swedish sensor developer Exensor is acquired by Bertin Technologies | Lund-based company Exensor, which develops ground sensor systems for military applications, has been sold to the French company Bertin Technologies.
Exensor has customers around the world, mainly defense agencies in Europe, such as the Swed... |
14.07.2017 | Pirate Bay Founder Wants to Save Lives With His New App | Of all the early founders of The Pirate Bay, it is Peter Sunde who has remained most obviously in the public eye. Now distanced from the site, Sunde has styled himself as a public speaker and entrepreneur.
Earlier this year the Swede (who i... |
22.06.2017 | Sean Parker has left Spotify’s board; Padmasree Warrior, Thomas Staggs join in lead up to IPO | As Spotify inches its way to a public listing, the streaming music company — which now has 140 million users — has made some significant changes to its board of directors. Sean Parker, the early supporter and investor who once founded digit... |
07.06.2017 | Fashion magnate takes $225M+ stake in Swedish payment unicorn Klarna | Payments startup Klarna is ramping up its valuation again as it picks up a new, strategic investor. Last valued at $2.25 billion in 2015, the company today announced that Brightfolk, controlled by fashion tycoon Anders Holch Povlsen, is bec... |
24.05.2017 | Swedish Ivbar has raised €5 million to improve health care outcomes | Swedish healthtech company Ivbar has received €5 million from the Nordic fund Total Equity.
Ivbar was founded in 2012 by Jonas Wohlin with researchers at the Karolinska University Hospital. It develops technological solutions and analyses d... |
17.05.2017 | Swedish subscription magazine service Readly takes in €13.3 million | Swedish magazine service Readly has been described as the Spotify for magazines. For a fixed monthly fee, the user access to a large magazine selection.
After going through some financial difficulties, the company is now back on its feet an... |
17.05.2017 | Swedish game developer Stillfront receives €11.2 million bond loan | Swedish video game publisher Stillfront just received a bond loan of €11.2 million. The company is behind the new game Unravel, and is listed on the trading list First North.
The company reported its best quarter ever after the launch of Un... |
03.05.2017 | Swedish podcast startup Acast brings in €3.1 million | Swedish startup Acast is a platform that seeks to help podcast creators to capitalize on their content. The company has just raised €3.1 million from Bonnier and venture capital firm Moor. This comes after an €8 million round last year. The... |
27.04.2017 | Swedish e-book startup Nextory brings in €3 million | The Swedish e-book startup Nextory has taken in another €3 million. The funding comes from Acacia, Industrifonden, and private investors.
According to Breakit, the company could be called the new '"Spotify for e-books". For a fixe... |
15.03.2017 | Court Orders ISP to Hand Identities Behind 5,300 IP Addresses to Copyright Trolls | In 2016, copyright trolling made a brief appearance in Sweden but after a huge backlash, the perpertrators disappeared with their tails between their legs.
Last month, however, it became evident that Sweden is still a target for those seeki... |
06.03.2017 | Swedish fintech startup Qapital raises $12 million to help people save better | Sweden’s Qapital has raised $12 million in a Series A round from Industrifonden, Northzone, Rocketship VC and Anthemis Exponential Ventures.
The personal finance app plans to invest the funds into further development of the platform, which ... |
25.02.2017 | Swedish Internet Users Face New Wave of Piracy Cash Demands | Last year, mass ‘copyright-trolling’ hit Sweden for the first time. An organization calling itself Spridningskollen (Distribution Check) claimed its new initiative would save the entertainment industries and educate the masses.
Predictably ... |
21.02.2017 | Apple quietly bought iCloud.net domain, shuts down eponymous social network | It looks like Apple has finally picked up one of the last remaining pieces of internet property linked to one of its key service brands: the iPhone and Mac giant has quietly taken over ownership of iCloud.net, TechCrunch has learned. Subseq... |
03.01.2017 | Swedish fashion ecommerce startup NA-KD secures €14 million from Northzone and eEquity | Swedish fashion ecommerce startup NA-KD has raised €14 million in a funding round led by Northzone with participation from Swedish fund eEquity.
The new funds will be invested in global expansion as well as inventory and improved customer s... |
02.01.2017 | Swedish Public Rejects World’s First e-Krona Digital Currency | - |
21.12.2016 | Swedish healthtech startup Min Doktor raises €4.7 million as CEO steps down | Swedish health care startup Min Doktor (“My Doctor”) has raised €4.7 million. The new funding comes primarily from existing investors including EQT Ventures and Christian W. Jansson.
The Malmö-based startup offers an app that allows for onl... |
15.12.2016 | Malta-based Catena Media acquires US iGaming affiliate sites for $15 million | Malta-based online iGaming marketing company Catena Media has spent $15 million to buy a number of American affiliate marketing web sites that drive traffic to online casinos.
Since the company’s IPO in early 2016, it has taken on an aggres... |
15.12.2016 | Swedish leasing comparison service Leasify raises €1.5 million in funding | Sweden-based leasing comparison site Leasify has raised a total of €1.5 million in funding from SEB Ventures, NFT Ventures and Daniel Andersson.
Leasify offers a service that helps businesses find the best deal on leasing anything from cars... |
12.12.2016 | Zenith pumps another €10 million into Sweden’s Truecaller | Investment firm Zenith Venture Capital today announced that it has invested 100 million Swedish Krona (a little more than €10 million) in Stockholm-based Truecaller (via Breakit).
Founded back in 2009, Truecaller offers mobile communication... |
05.12.2016 | Norwegian robotic warehousing firm Autostore acquired by Swedish EQT | Swedish private equity firm EQT has acquired the Norwegian robotics company AutoStore. The owners have agreed not to disclose the value of the transaction, but it is rumored to be worth around €400 million, according to Swedish news siteBre... |
01.12.2016 | Swedish solar startup Exeger raises €5.1 million to expand capacity | Swedish solar cell company Exeger raises €5.1 million from Fortum. Following the deal, the company is now valued at €100 million.
Exeger has developed a type of flat solar cells. “The consensus in the industry was that it was not possible t... |
23.11.2016 | THQ Nordic valuation grows to €190 million after IPO on Nasdaq First North | THQ Nordic, the Vienna-based video game publisher, saw its valuation soar to €190 million (1.9 billion SEK) on Tuesday upon its IPO on the Nasdaq First North stock exchange.
Among the company’s new investors are large banks, Swedbank and Ha... |
18.11.2016 | Swedish marketplace for soon-to-expire groceries Matsmart.se takes in €3.7 million | Fast-growing Matsmart.se, which specializes in selling soon-to-be expired groceries in Sweden, has raised an additional €3.7 million led by North Zone and GP Bullhound, according to Swedish news site Breakit. Other investors included Inbox,... |
17.11.2016 | Swedish interactive TV software company Zenterio raises €8.6 million to stay afloat | Software company Zenterio, which has created an operating system for digital TV boxes, has raised €8.6 million (85 million SEK) in additional funding from undisclosed investors.
The funds will go toward continuing current operations for the... |
16.11.2016 | Swedish machine learning startup Now Interact raises $5 million | Stockholm-based Now Interact, a B2C predictive intelligence solution, has raised $5 million (€4.6 million) in a Series A round led by SEB Venture Capital and Inventure with participation from owner and largest investor Industrifonden.
With ... |
07.07.2016 | Swedish wearable camera maker Narrative runs into financial trouble, forcing it to restructure | Narrative, a Sweden-based hardware startup that manufactures and sells clippable cameras, this morning announced that it has commenced a process to 'reorganise' the company as it ran into financial problems due mostly to poor planning.
The ... |
21.06.2016 | Post-Trade Blockchain Startup in Limbo After Raising $10 Million | Sweden-based blockchain startup Cryex is pushing back against reports it is seeking capital to stay afloat, instead pinning its lack of outward momentum and low earnings on a slow regulatory environment.
Rising to prominence in May 2015 wit... |
27.05.2016 | Bitcoin Mining Firm KnCMiner Declares Bankruptcy | Sweden-based bitcoin mining firm KnCMiner, a startup that has raised $32m in venture funding from investors including Accel and Creandum, has declared bankruptcy.
Once one of the industry's fastest-growing mining firms, the bankruptcy filin... |
05.05.2016 | Nordic Startup Awards finalists announced | The semi-finals of the Nordic Startup Awards are now finished. This series of events promotes and celebrates startups in the Nordic region. Country winners are chosen for each country, and the finalists move upwards to a grand ceremony held... |
18.03.2016 | These were the 10 biggest European tech stories this week | Happy Friday! This week, Tech.eu tracked 17 technology M&A transactions and 63 funding deals (totalling €162 million) in Europe and Israel.
Like every week, we listed every single one of them in our free weekly newsletter, along with in... |
18.03.2016 | The 10 biggest European tech stories this week | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today!
This week, Tech.eu tracked 17 technology M&A ... |
18.03.2016 | The 10 biggest European tech stories this week | This week, Tech.eu tracked 17 technology M&A transactions and 63 funding deals (totalling €162 million, or about $182.5 million) in Europe and Israel. Here’s an overview of the 10 biggest European tech news items for this week: 1) UK’s ... |
03.03.2016 | Jay Z's Tidal Streamer Fires More Top Execs | James Geddes, Tech Times 03 March 2016, 05:03 am
Tidal, Jay Z's struggling streaming music service, has fired two more top executives. The move comes as rumors swirl about a possible acquisition by smartphone maker Samsung, and controversy ... |
01.03.2016 | Tidal Streaming Music Fires Norwegian CFO and COO
Categories
Search | According to both Norwegian newspaper Dagens Næringsliv and Swedish news outlet Breakit, the streaming service fired both its CFO Chris Hart and COO Nils Juell. Breakit reports that Hart was axed after a dispute over the company's refusal t... |
11.02.2016 | News Corp acquires majority stake in Swedish-founded digital real estate business DIAKRIT | News Corp Australia has acquired a majority stake in global real estate marketing and technology solutions provider DIAKRIT, which was founded in Sweden back in 2001.
The terms of the acquisition were not disclosed.
Although the likes of Sw... |
19.12.2015 | 4 predictions for the European tech market in 2016 | (By Neil Murray, Tech.eu) – Yes, it’s that time of the year again, when every Tom, Dick and Harry dusts off their crystal ball and does their best Mystic Meg impression.
And I’m afraid I’m one of them, as I couldn’t help but share the four ... |
18.12.2015 | Caller ID Startup Truecaller Cuts 30 Jobs | Truecaller, the European company behind the popular caller ID app of the same name, has laid off 30 staff across its Stockholm, India and San Francisco offices as part of an apparent staffing strategy shift.
“We have let a number of consult... |
23.10.2015 | Naspers acquires majority stake in Russian online classifieds group Avito in $1.2 billion transaction | South African Internet and media company Naspers has become the largest shareholder in Avito, the leading online classifieds platform in Russia with more than 35 million unique monthly visitors, acquiring shares from existing shareholders i... |
01.10.2015 | Europe’s top tech news, September 2015 | Enlarge reader comments 4 with 4 posters participating
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September is historically one of the busiest months in technology, with lots of new devices, services, and operating ... |
16.09.2015 | Zalando defrauded of 18.5 million euros | Zalando thought it was doing something good by changing its payment algorithm, but it actually backfired. The German ecommerce giant has been the victim of online fraud, as people ordered and received goods from Zalando, but never paid for ... |
15.09.2015 | Norwegian startup sold to payment giant | One of the biggest payment companies in Sweden, Bambora, has bought the Norwegian startup dSAFE.
dSAFE was created in 2009 in Trondheim by four engineers and has now more than 5000 customers in the North, such as XXL sport & Villmark, ... |
26.08.2015 | Google Ventures leads $6 million round in Stockholm-based VR gaming studio Resolution Games | Google Ventures has made their first European investment outside of the UK since they set up a European arm in July 2014, leading a $6 million round in Stockholm, Sweden-based VR gaming studio Resolution Games. Interestingly though, the inv... |
18.08.2015 | Klarna ‘insiders’ sell shares in secondary deal that values the Swedish payments firm at $2.25B | As it gears up to make a big push into the United States, Stockholm-based payments firm Klarna has been valued at $2.25 billion in a secondary transaction that has ‘company insiders’ selling $80 million worth of stock to VC firm Northzone, ... |
20.07.2015 | MTG acquires 51% of Zoomin.TV, valuing Europe’s largest multi-channel network at €88 million | Swedish digital entertainment giant Modern Times Group (MTG) has agreed to acquire 51% of Zoomin.TV, a European online video entertainment network, content production and ad sales house at a total enterprise value of €88 million.
Zoomin.TV’... |
26.06.2015 | STHLM Tech Meetup: Startup scene is flourishing! | Jam-packed STHLM Tech Meetup with Atomico event brought Ngenic, MedUniverse, and Shipwallet on the stage. Who had the best pitch this Tuesday? NSB was there to find out
Yet another STHLM Tech Meetup is behind us. If anything, the event, wh... |
05.06.2015 | Ecommerce search engine Loop54 from Sweden gets €537.000 investment | Loop54, a self-learning product search engine for ecommerce, has secured 5 million kronor (536.668 euros) worth of funding. Swedish investment company Axel Johnson funded the company, together with Swedish government agency ALMI Invest and ... |
24.04.2015 | “Swedish online retailers need to do more with mcommerce” | With Google now punishing websites that aren’t mobile friendly, online retailers are in a hurry to have a mobile optimized website. But it’s not solely the mobile website online retailers should worry about, it’s the mobile app that normall... |