2)
Leovegas went public on the Nasdaq First North in Stockholm at a €300 million valuation and rose to a market cap of €430 million in the first hours of trading.3)
Google’s venture arm, GV, completed its seventh investment in Europe, leading a $21 million Series B in UK-based bioscience firm Cambridge Epigenetix.4) There were 10 rounds greater than €10 million in Europe and Israel this week: M-Files (Finland, €33 million), Future Finance (UK, £19 million), LendInvest (UK, £17 million), Conceptomed (Norway, $11.9 million), Alooma (Israel, $11.2 million), Rombit (Belgium, €10 million) and Cambridge Epigenetix.5) Austrlian company Aconex bought Germany-based Conject for €65m. Seventure and Earlybird VC were investors in the company.6) French VC CapHorn Invest announced the first closing of its second fund at €100 million, with a goal of reaching €125 million
7) SoundCloud signed a licensing deal with Sony Music, which means that it has locked up all the deals it needs for a paid service that’s expected to be launched before the end of the year.
8) Spotify agreed to pay more than $20 million to music publishers to settle a long-running and complex dispute over licensing. The music streaming giant also announced this week that it’s hired top Microsoft lawyer Horacio Gutierrez as General Counsel.
9) Google lost an appeal in Russia against Yandex over Android’s app-bundling policy, and the EU istaking steps towards a formal complaint against the search giant’s mobile OS
10) UK’s Budget 2016 includes relevant measures for British digital companies and a £1,000 tax breakto support the “sharing economy”.
Bonus link: Inside the Brussels tech lobbying bubble: How US tech giants dominate conversations at Europe’s dinner table.
This post originally appeared on Tech.eu. Subscribe to the weekly Tech.eu Newsletter.
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