These were the 10 biggest European tech stories this week

This week, Tech.eu tracked 18 technology M&A transactions and 58 funding deals (totalling €181 million) in Europe and Israel. You can subscribe to our newsletter below to receive all this information in your inbox every Friday afternoon for free, but here’s an overview of the 10 biggest European tech news items for this week:

1) There were as many as four funding rounds in Europe and Israel north of $10 million: Blippar ($54 million), XJet ($25 million), iAngels ($14 million) and Replay Technologies ($13.5 million).

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2) There were also three relatively large acquisitions involving Israel-based companies: Cisco bought Leaba Semiconductor for $380 million, SES PS paid $242 million for RR Media, and RNTS acquired ad tech company Inneractive for $72 million.

3) Spotify’s fundraising rumours continued: TPG in talks to invest $500 million in Spotify in a convertible debt round that could rise to $1 billion.

4) Raspberry Pi 3 has been officially launched; and here are cofounder Eben Upton thoughts on the new device.

5) The US and EU presented Privacy Shield, a regulatory framework that will replace the old Safe Harbour agreement. Fortune has a good breakdown of how this will affect U.S.-based tech companies

6) It was a busy week for Facebook in the regulatory and fiscal environment in Germany and the U.K., respectively.

7) Various Rocket Internet-backed startups announced pullback on ambitious expansion plans: Tripda shut down, Delivery Hero is leaving China, and EatFirst is to cease operations in Berlin.

8) Britain’s tech sector is overwhelmingly opposed to Brexit, and this is how it could impact the U.K.’s startup scene.

9) Bill Maris explained the changes in Google Ventures’ European strategy.

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10) Zalando’s revenue grew by 33.6 percent in 2015, reaching €2.2 billion.

Bonus link: The father and son VCs behind the new LocalGlobe seed fund (video interview)

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This story originally appeared on Tech.eu. Copyright 2016

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