Hello!
Here’s what happened today in European Tech.
Deals
– Swedish-founded podcasting company Acast is reportedly closing in on a Stockholm IPO that would value it at around €500 million.
– An international investment fund based in East Asia has acquired Israel-based Investing.com for $500 million, sources told Globes.
– UK-based re-commerce group musicMagpie has been admitted to the AIM market of the London Stock Exchange this morning, giving it a £208 million market cap.
– Kinnevik is clearly going all-in on the red-hot online grocery delivery market. Just two weeks ago, they dropped at cool €220 million on Norway’s Kolonial (now Oda), and now how jumped into MatHem’s shopping basket (again) to the tune of €14.8 million in the grocer’s €108.7 million funding round.
– French startup Ornikar, which set out to bring a new approach to driver education and road safety, and then used that foothold to expand into the related area of car insurance, has raised €100 million.
– Israeli cybersecurity company Deep Instinct has raised $100 million in a…
