Technology
UnternehmerTUM, Coparion in $5.5m series-A for Vimcar
Additional capital will be used to develop further fleet management features for the application
83North holds $250m close for tech VC fund
Fund hopes to take advantage of the UK's exit from the EU by accelerating activity in other European cities
IBB, WestTech et al. in €1.5m seed round for Fliit
Company plans to adapt its distribution system to expand into other areas
Insurtech puts a premium on technology
PE and VC players turn their attention to the insurance space as fintech's next scalable disruption opportunity
Speedinvest backs Bikemap
With the new investment, Bikemap will attempt to accelerate its growth through further internationalisation
Entrepreneur Venture, Pléiade in €4.3m round for Travelaer
Two VCs joined a pool of existing investors, including Calypso Capital and family office Alderville
Nordwind acquires B2B
GP will take a majority stake in the buyout along with the company's founders and management
XAnge, Kima in €7m series-A for Ledger
Ten investors contributing to the startup's second round of institutional funding raises the total to €8.5m
Maj Invest acquires Danish software provider Icotera
Management buyout sees Maj Invest's fifth fund acquire 75% of the shares in Icotera alongside CEO and CTO
Tikehau Capital leads €65m Oodrive round
Other investors in the deal include venture capital firms NextStage and Mi3 Venture Partners
3TS leads €2.3m round for Parsek
Parsek plans to use the fresh capital to grow its sales and business development activities across EMEA
Earlybird leads $10.5m series-A for Shapeshift
New capital will be used to expand the team with a view to releasing two more exchange products in 2017
HTGF et al. exit Cumulocity in trade sale to Software AG
Adding Cumulocity's technology to its service offering will complete Software AG's IoT software portfolio
PE-backed Amexio bolts on Gam Consult
Addition of Gam Consult will enable Amexio to increase its activity in the Benelux region
Seventure Partners leads €1.3m round for Botfuel
Seed funding is the first round ever raised by the Parisian startup
Keen Ventures leads $8m series-A for Beekeeper
Funding will be used to expand in the US and EMEA, hoping to reach 2 billion non-desk workers
83North leads $10m series-A in MotorK
Backers in the round include Malmo-based venture capital firm Zobito
Tengelmann et. al in second round for Ottonova
Ottonova will use the extra capital to continue to develop and launch its health insurance platform
Arax invests €550,000 in Unicope
Austrian VC house Arax Capital Partners backed the cloud communication software company with €550,000
Newfund in €1.5m round for FlexyBeauty
Paris-based VC firm invested via its maiden fund Newfund 1, closed on €72m in 2009
Notion et al. inject €2m into Glofox
Gym administration software company will look to expand its US activities following the round
Ares in $70m debt round for Soundcloud
Company will look to expand its technology and personnel resources to match expected growth
Berliner Volksbank in round for Figo
Figo will use the extra capital to develop a regulated fintech platform that conforms with new regulation
Innovationsstarterfonds, HTGF in second round for Cloudplan
Cloudplan will use the extra funding to roll-out its product internationally, initially in the US and Europe