Today in European Tech: Crowdstrike buys Humio for $400 million, a new Earlybird fund, Revolut hikes it fees, and more

Hello!

Here’s what happened today in European Tech.

Deals

– Danish-British log management software company Humio has been acquired by cybersecurity firm Crowdstrike for a total of around $400 million.

Earlybird Digital East Fund — a fund associated with Germany’s Earlybird VC, but operating separately — has launched a €200 million successor fund.

Swiss digital asset bank Sygnum has scored an eight-figure dollar investment from a unit of Japanese financial behemoth SBI Holdings.

– Grip, a London, UK-based market engagement platform, raised $13 million in Series A funding.

– Cambridge GaN Devices, a University of Cambridge spinout that replaces silicon in transistors with a more energy-efficient material has raised $9.5 million in a Series A funding round.

– Israel polymer 3D printing solutions company Stratasys has acquired UK-based RP Support (RPS), which provides industrial stereo-lithography 3D printers and solutions.

– We also tracked a large number of (other) European tech funding rounds and M&A transactions, all of which we are putting in a handy list for you on Friday afternoon in our weekly roundup newsletter (note: the full list is for paying customers only). Also check out our European tech news section for ongoing coverage.

Worth Reading/Knowing

– Lithuania has banned a Chinese tech firm on security grounds, while Estonia warned the EU on the dangers of both Chinese and Russian espionage.

Banking challenger Revolut has made several changes to its trading business, including an increase in custody fees and a reduction in the number of free trades it offers users.

– London-headquartered recurring payments giant GoCardless is to create around 300 jobs.

– The Spanish government will publish in “the coming weeks” a detailed roadmap to position the country as Europe’s biggest multimedia “hub”, said economic and digital transformation minister Nadia Calviño.

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The post Today in European Tech: Crowdstrike buys Humio for $400 million, a new Earlybird fund, Revolut hikes it fees, and more appeared first on Tech.eu.

Originally published on Tech.eu : Original article

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