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Today in European Tech: Hepsiburada in Turkey goes public, grocery delivery start-up Rohlik grabs 100 million euros, Getir buys Blok, and more

By Judy J. Beasley

Hello!

Here is what happened today in European Tech.

Offers

– Hepsiburada.com was valued at $ 3.9 billion when it went public on the Nasdaq, the first such listing on the stock exchange by a Turkish company. The company, one of the largest online shopping platforms in Turkey, sold shares for $ 12 apiece and plans to use the proceeds to provide additional services such as flight reservations and money transfers.

– Hewlett Packard Enterprise has entered into a definitive agreement to acquire Israeli cloud data protection and management company Zerto for $ 374 million in cash.

– Rohlik, a Prague-based online grocery delivery startup obtained a round of funding of 100 million euros of series C for a valuation of 1 billion euros. Led by Index Ventures, the capital injection will support Rohlik’s expansion; the company has already been launched in Hungary and Austria and plans to start operating in Munich in the coming months.

– Rapyd, a payment platform for integrating fintech services into any application announced its definitive agreement with Arion Banki to acquire Icelandic payment solutions company Valitor for $ 100 million, subject to regulatory approval.

– Getir, the Turkish startup that built a $ 7.5 billion business a mobile application that allows consumers to do their shopping and have it delivered in a few minutes, acquires Blok, another Barcelona-based “instant delivery” grocery store.

– Veepee (formerly Vente-Privé.com) signed its first financing agreement for an amount of 80 million euros with the European Investment Bank. It will be used to finance Veepee’s digital transformation investments.

– Codat based in London, the technology company that enables small businesses to seamlessly share business and financial data with financial services providers and others, secured $ 40 million in a Series B round led by Tiger Global, also involving existing investors Index Ventures and PayPal Ventures.

– Estonian-based supercapacitor company Skeleton Technologies raised € 29 million as an extension of their Series D round, bringing the total to € 70.4 million.

– Itsme, the digital identity application held by a consortium of Belgian banks and telecommunications received a capital injection of 24.7 million euros.

– Israel’s Juno Journey, which created a AI platform to improve employee professional development, raised $ 19 million in Series A funding.

– Manufacturers of next-generation displays and devices in the United States, China and Japan are already using VividQ’s computer generated holographic technologies, now it’s just a matter of waiting for Tony Starks’ holotable to go from science fiction to scientific reality. To this end, VividQ has raised an additional £ 11million as part of a seed extension round.

– We also followed a large number of (others) European technology financing tours and M&A transactions, of which we offer a practical list on Friday afternoon in our weekly newsletter (note: the complete list is reserved for paying customers). Also check out our European tech news section for ongoing coverage.

To read / to know

– Retail giant Amazon announced the launch of a new development center in Helsinki that was created specifically to support Amazon Scout, the autonomous delivery vehicle active in the United States.

– Nissan on Thursday announced plans to build a £ 1 billion “gigafactory” in Sunderland, UK, in a major boost to the country’s electric vehicle plans.

– With his High Tech Strategy 2025, Germany has announced its ambitions to position itself at the forefront of the next technological revolution, although critics say Europe’s largest economy still has some catching up to do.

– The authorities of Paris and other French cities may regulate local businesses wishing to rent property on Airbnb, according to a decree issued by the French government.

– London is missing The $ 4.4 billion Spac boom in Europe.

– The European Commission has launched its European Defense Fund (EDF) of 7.9 billion euros, opening 23 calls for an amount of 1.2 billion euros for collaborative defense R&D projects.

– Today, icon group announced the reorganization of the company into a global innovation group offering full service innovation from idea to scale, which will include a € 25.3 million venture capital fund.

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Judy J. Beasley
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