Here’s what happened today in European Tech.
– Private equity powerhouse Permira has announced a strategic investment in Norway-listed online classifieds juggernaut Adevinta, buying approximately 125 million shares in the company from eBay – equal to a 10.2% stake – for a total price of €1.9 billion.
– Israeli cybersecurity company Cybereason has raised $275 million in a financing round led by Steve Mnuchin’s new fund Liberty Strategic Capital.
– Shares of UK-based non-bank mortgage lender LendInvest rose as much as 10% in early trading on Wednesday as the company started trading on the London Stock Exchanges Junior AIM, implying a market capitalisation of £281.7 million.
– The business of life insurance isn’t exactly the most pleasant. It’s an industry based on providing a financial payout to loved ones upon your death. But what if instead of focusing on the end of days, a life insurance provider looked at, and encouraged, living better? That’s exactly what London’s YuLife is doing, and has raised $70 million, with the ambition of…