Well alright, alright, alright. Robin's back in the studio this week, and after nine years, he actually
has a semi-professional setup. This week:
๐ฉ๐ช The first German developer of quantum computers, eleQtron has
raised over โฌ50 million in new funds, including venture capital from Earlybird and Siegerlandfonds.
๐ธ๐ช Polestar
obtained $1.6 billion in financing support from its two major shareholders
๐ฉ๐ช Volkswagen sells its electric car-sharing service, WeShare to Miles Mobility.
Here's why.
๐ต๐น Web Summit? That's 71,000 people
too many.
๐ธ๐ช Swedenโs STILRIDE is
anything but still, rides ahead with โฌ3.7 million
๐ฉ๐ช Billed as the first European ClimateTech Entrepreneur in Residence programme, Atlantic Labs and FoodLabs
launch Founders for Climate initiative
๐ด๓ ง๓ ข๓ ฅ๓ ฎ๓ ง๓ ฟ / ๐ฉ๐ช Not quite dead yet, but Made.com has
indicated that they're headed towards administration, and German nappy service provider Windeln.de has
filed an application for insolvency proceedings
๐ฉ๐ช Now closing in on close to $1 billion raised, Volocopter
lands another $182 million in second signing of Series E round
๐ช๐บ
According to the Tech.eu database, European tech companies raised โฌ5.7 billion in total in October, recording a โฌ1 billion decline compared to the total amount raised in September (โฌ6.7 billion).
All this and a whole lot more on this week's episode of the Tech.eu Drive at Five!