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This Week in European Tech: billions of dollars as Cazoo and Lilium go SPAC, Deliveroo’s IPO flop, Glovo’s big funding round, and more

Happy Friday!

This week, our research team tracked more than 60 tech funding deals worth more than €1.4 billion, and about 10 exits, M&A transactions, and rumours, and related news stories across Europe, including Russia, Israel, and Turkey.

As always, we are putting all of them together for you in a handy list sent in our round-up newsletter (note: the full list is for paying customers only).

Recently, we also started publishing 'Today in European Tech', a daily round-up of deals and news stories that caught our attention. Keeping you updated on all things EU tech is our priority!

Today, instead of a daily round-up we give you an overview of the 10 biggest European tech news items for the past week (subscribe to our free newsletter to get this round-up in your inbox every Monday morning).

1) Cazoo is on its way to the 'SPAC exchange'

Cazoo, the UK used-car sales portal that has been on a major fundraising tear in the last year, will list on the NYSE by way of a business combination with SPAC AJAX I; the deal values Cazoo at $7 billion.

Podcast(s):

- Tech.eu Podcast #213: Intel Ignite comes to Munich, bad week for Facebook, SPACs are everywhere

- Interview Special: Jonathan Satchell, Learning Technologies Group

Bonus link(s):

- Europe’s struggle to compete in the supercomputing arena, and why it needs to go from buyer to builder

- 92% of VCs say they offer value beyond capital; founders reply, “mmm yeah no”

Original Text (This is the original text for your reference.)

Happy Friday!

This week, our research team tracked more than 60 tech funding deals worth more than €1.4 billion, and about 10 exits, M&A transactions, and rumours, and related news stories across Europe, including Russia, Israel, and Turkey.

As always, we are putting all of them together for you in a handy list sent in our round-up newsletter (note: the full list is for paying customers only).

Recently, we also started publishing 'Today in European Tech', a daily round-up of deals and news stories that caught our attention. Keeping you updated on all things EU tech is our priority!

Today, instead of a daily round-up we give you an overview of the 10 biggest European tech news items for the past week (subscribe to our free newsletter to get this round-up in your inbox every Monday morning).

1) Cazoo is on its way to the 'SPAC exchange'

Cazoo, the UK used-car sales portal that has been on a major fundraising tear in the last year, will list on the NYSE by way of a business combination with SPAC AJAX I; the deal values Cazoo at $7 billion.

Podcast(s):

- Tech.eu Podcast #213: Intel Ignite comes to Munich, bad week for Facebook, SPACs are everywhere

- Interview Special: Jonathan Satchell, Learning Technologies Group

Bonus link(s):

- Europe’s struggle to compete in the supercomputing arena, and why it needs to go from buyer to builder

- 92% of VCs say they offer value beyond capital; founders reply, “mmm yeah no”

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