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These were the 10 biggest European tech stories this week

Dec 4, 2016

Posted by Charles Gilbert from venturebeat.com ·18h This week, Tech.eu tracked 10 technology M transactions and 71 tech funding deals totalling €360 million in Europe, Turkey, and Israel.Like every week, we listed every single one of them in our free weekly newsletter, along with interesting news regarding fledgling European startups, tech investors old and new, a number of good reads published elsewhere, and government and policy news, as well as an overview of interesting lists, facts, and figures from a wide variety of sources.1 Devialet, the French speaker company, has raised €100 million in a Series C round from several investors to boost its expansion in the U.S. and Asia.2 U.S. software management group CA has agreed to buy Austrian business automation firm Automic from private equity group EQT in a €600 million deal, as it seeks to expand in Europe.3 German ecommerce investor Rocket Internet reined in losses at its main startups in Q3, but revenue growth slowed at meal delivery business HelloFresh and online furniture site Home24.4 Danish apartment manager Novasol has agreed to take over the former Rocket Internet startup Wimdu for an undisclosed amount, a mere two months after Wimdu s merger with 9Flats.5 Berlin-based Clue, maker of a female health tracking app, has raised $20 million in a Series B round led by Nokia Growth Partners with participation from Union Square Ventures USV , Mosaic Ventures, Brigitte Mohn and Christophe Maire, Giving Wings, and FJ Labs.6 American Momentous Entertainment Group MEG has agreed to buy the company behind German student social network StudiVZ and its sister network, MeinVZ, for $10 million in preferred stock.7 Nokia-branded mobile phones are on sale, once again, and being marketed on the Finnish company s website.8 German video messaging app Dubsmash has landed €9 million.9 BMW has announced that it plans to spend up to €500 million on new car technologies over the next 10 years through its iVentures division.10 French broadcaster TF1 has taken a majority stake in French online video entertainment platform MinuteBuzz.Bonus link: A new report from Atomico and Slush analyzes the lay of the land for European tech in 2016 and makes a case for why it is poised to thrive.This post first appeared on Tech.eu.Subscribe to Tech.eu s newsletter here. The text above is a summary, you can read full article here . 1 Related Articles

Brigitte Mohn Investments

3 Investments

Brigitte Mohn has made 3 investments. Their latest investment was in Clue as part of their Series B on November 11, 2016.

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Brigitte Mohn Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

11/30/2016

Series B

Clue

$20M

No

29

10/9/2015

Series A

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$99M

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10

3/19/2015

Seed - IV

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$99M

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10

Date

11/30/2016

10/9/2015

3/19/2015

Round

Series B

Series A

Seed - IV

Company

Clue

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Amount

$20M

$99M

$99M

New?

No

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Co-Investors

Sources

29

10

10

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