Munich-based Quantum Systems raised €160M, sources say at a €1B+ valuation, and Lisbon-based Tekever hit a £1B+ valuation, as VCs back European drone startups
Quantum Systems and Tekever each valued at more than €1bn in latest fundraisings, as new investors flock to ‘dual use’ tech companies
Lisbon-based Tekever, which builds surveillance drones that act as the communication and navigation hub for swarms of smaller drones, raised a €70M Series B
Bloomberg :
Lisbon-based Unbabel, a service which combines human and machine translation in 70+ languages and has Microsoft and Facebook as clients, raises $60M in Series C
Florian Faes / Slator :
Report: investment in early-stage technology startups in Europe increased 4x to €3.6B in H1 2018, compared to the same period in 2015
We're thrilled to announce our latest report, developed in close partnership with Stripe and Techstars and launched today on the main stage at the Web Summit in Lisbon.
Brokerage firms say tech firms are helping fuel increased office space demand in smaller European capitals as well as cities like Edinburgh and Kraków
Shefali Anand / Wall Street Journal : Tweets: @burghdiaspora and @nnovick Tweets: James M. Russell / @burghdiaspora : Convergence, not divergence: “New Tech Centers Sprout in Europe...Lisbon, Kraków,...