Up this week: Ark Kapital's AIM platform, Carlyle Group plans an EU shopping spree, crypto market maker Keyrock seeks licenses, Dwarfs reveals a โ‚ฌ120 million funding shortfall, layoffs and acquisitions abound, and Cactos breathes new life into spent Tesla batteries

Show Notes

๐ŸŽ„๐ŸŽ„ We're heading down the final stretch - there are only 23 days left until Christmas! ๐ŸŽ„๐ŸŽ„

Up this week:

๐Ÿ‡ธ๐Ÿ‡ช From the brains behind Motherbrain, Ark Kapital releases AI-driven forecasting platform AIM to founders everywhere. You can hear more from Henrik Landgren himself at the Summit, this coming May in Brussels. Tickets are now on sale!

๐Ÿ‡บ๐Ÿ‡ธ US-based acquisition specialist Carlyle Group has raised $3.12 billion as it targets European B2B technology businesses.

๐Ÿ‡ง๐Ÿ‡ช Crypto market maker Keyrock raises $72 million as it plans to further develop its offer and seek regulatory licences across Europe, the US, and Singapore.

๐Ÿ‡ณ๐Ÿ‡ฑ Dutch e-commerce brand buyer Dwarfs has secured โ‚ฌ30 million in a Series B funding round, one that was initially anticipated to be much, much larger. โ‚ฌ120 million larger in fact.

๐Ÿ‡ช๐Ÿ‡บ Infarm, Zilch, MessageBird, Lyst, and a whole lotta others announced layoffs this week.

๐Ÿ‡ฎ๐Ÿ‡ช Facebook parent company Meta has been fined โ‚ฌ265 million by the Irish Data Protection Commission.

Fintech acquisitions abound:
๐Ÿด๓ ง๓ ข๓ ฅ๓ ฎ๓ ง๓ ฟ Equals Group to acquire fintech startup Roqqett for up to ยฃ2.25 million
๐Ÿด๓ ง๓ ข๓ ฅ๓ ฎ๓ ง๓ ฟ Business banking platform Tide acquires Funding Options
๐Ÿด๓ ง๓ ข๓ ฅ๓ ฎ๓ ง๓ ฟ Toucan has been acquired by PayaCharity
๐Ÿ‡ฑ๐Ÿ‡บ Mangopay acquires fraud detection and prevention company Nethone

๐Ÿ‡ซ๐Ÿ‡ฎ Breathing new life into spent Tesla EV batteries, Cactos raises โ‚ฌ2.5 million to meet growing customer demand.

And there's one more thing:

๐Ÿ‡ง๐Ÿ‡ช Antler has released its 2022 Benelux Unicorn Founder Roadmap: How to build unicorns in Benelux report
๐Ÿด๓ ง๓ ข๓ ฅ๓ ฎ๓ ง๓ ฟ Atomico is releasing its State of European Tech report next week
๐Ÿ‡บ๐Ÿ‡ธ Accel's "Europe and Israelโ€™s Startup Founder Factories" reveals that of the 344 VC-backed unicorns since 2008, nearly two-thirds (203) have led to at least one startup being founded by former employees, with 1,018 tech startups emerging in total.

All this, and a whole lot more in Episode 17 of's Drive at Five!

Creators & Guests

Dan Taylor
Managing Editor at | polymath | bass player | singletasker | whisky and whiskey drinker |
Robin Wauters @ ๐Ÿ‡บ๐Ÿ‡ฆ
European tech journalist and analyst; founder of @tech_eu, previously @TheNextWeb & @TechCrunch. Also proud co-founder of @StartupLensEU and @BeCentralBxl.

What is

The Podcast is a show discussing the most interesting stories from the European technology scene.