These were the 10 biggest European tech stories this week

This week, Tech.eu tracked 18 technology M&A transactions and 60 funding deals (totalling €263 million) in Europe and Israel.

Here’s an overview of the 10 biggest European tech news items for this week:

[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":1894556,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"entrepreneur,","session":"B"}']

1) Spanish bank BBVA acquired Finnish FinTech startup Holvi for an undisclosed sum. Holvi’s co-founder Kristoffer Lawson wrote a small post explaining the deal. The company had raised about €2 million from Speedinvest and Seedcamp, among others.

2) Also in the FinTech space, UK’s (and BBVA-backed) Atom Bank made its first acquisition, Grasp, a design and development studio focused on the financial services industry.

3) Intel went shopping in Israel, acquiring Replay Technologies for reportedly $175 million. The 3D video technology company had previously raised €27.7 million.

4) This week there were at least 6 funding rounds in Europe and Israel worth north of €10 million: AlphaSense (Finland, $33 million), EZBob (UK, £20 million), Staff Finder (Switzerland, €20 million), Property Partner (UK, £15.9 million), Marley Spoon (€15 million, Germany) and Delair-Tech (France, €13 million).

5) Finnish gaming powerhouse Supercell hit 100 million DAUs and announced revenue of €2.1 billion and EBITDA of €838 million for 2015.

6) Cristina Stenbeck announced that she is stepping down as chairman of Sweden-based investment company Kinnevik.

7) Spotify launched a new nifty product (Fresh Finds playlists). Rumours about a possible IPO from the music streaming giant continue propping up.

8) SoundCloud appointed US media veteran Alison Moore as its new chief revenue officer.

[aditude-amp id="medium1" targeting='{"env":"staging","page_type":"article","post_id":1894556,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"entrepreneur,","session":"B"}']

9) Truecaller app gets a dialer and new smarts as the company phases out standalone Truedialer app and reaches 250 million users.

10) UK’s Entrepreneur First wants to raise a £40 million fund to invest in companies emerging from its startup factory

Bonus link: Artificial intelligence brings its brains and money to London

You can subscribe to Tech.eu’s newsletter here.

[aditude-amp id="medium2" targeting='{"env":"staging","page_type":"article","post_id":1894556,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"entrepreneur,","session":"B"}']

The post appeared first on Tech.eu.