Other investors included existing backers Accel and its partner Martin Gibson who served as chairman of its board.
Image credits: Catawiki Catawiki bags £136M by Permiraįounder/s: René Schoenmakers, Marco JansenĮarlier this month, Amsterdam-based online auction platform Catawiki bagged €150M (nearly £136M) equity funding in a round led by Permira, a private equity firm via its Growth Opportunities Fund. Having said that, UKTN has listed some funding rounds raised by European tech startups that we think are important for December 2020 for our readers. To mention a few, Tink, a Swedish startup backed by PayPal secured £78M, Dutch meat substitute Mosa Meat secured £56M, and London-based Ada Venture bagged £37M as they continue to be successful in their respective businesses. While many founders faced challenging times to get funding during the COVID-19 pandemic, the situation is taking a turn as we near the end of this year.Īs the economic crisis is eventually easing now with the announcement of the vaccine, the European startups are witnessing several rounds of funding in December 2020.
The successful companies in Europe have continued to smash records by raising massive funding that has taken their valuations at new heights at a rapid speed. As per a report by Atomico in collaboration with Dealroom, 2020 is on track to be a record year as the investments in European tech startups is all set to hit a minimum of $35B (nearly £26.3M) and reach a potential to surpass $41B (nearly £30.8M) in $100M+ (nearly £75M) deals.
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