Top news of the week: 21.02.2023.
This Week in European Tech: MYFLEXBOX lands €75 million, Zopa buys BNPL firm DivideBuy, EIB introduces European Tech Champions Initiative, and more
Here's a roundup of this week's biggest European Tech funding rounds, exits, 'other news' that you might have missed, and a compendium of must-read articles on all things #EUtech.
Embracing employee ownership in a changing startup world: Making it 'Not Optional' with Dominic Jacquesson (Index Ventures)
Tech.eu caught up with Dominic Jacquesson, VP of Insight and Talent at Index Ventures, and a longtime startup strategist and analyst. The author of three books for entrepreneurs about ...
Dry powder versus wet powder: The numbers have spoken
Carta data seems to confirm that VCs are opting to support portfolio companies over making new investments: Bridge rounds boomed in Q4 2022.
Change Ventures updates Baltic Startup Funding Report, region growing but slowing
In Change Ventures' new Baltic Startup Funding Report, the firm finds that Estonia is already far ahead of Europe and Israel in terms of startups per capita.
Sequoia backs open source data-validation framework Pydantic to commercialize with cloud services
Popular open source project Pydantic has a new commercial namesake and the backing one of Silicon Valley's most storied VC firms.
Silicon Valley goes to war
VC-backed firms injected $7 billion into aerospace and defense companies, a massive growth that stands in sharp contrast to sluggishness in other sectors.
Costanoa Ventures and Norrsken22 back Smile Identity in $20M Series B round
Smile Identity provides ID verification and KYC compliance for African faces and identities; raises $20 million for its expansion plans.
Ledge aims to build automation tools for finance teams
Ledge, a startup that recently raised $9 million in venture capital, aims to build a range of automation tools for finance teams.