#TechWatchbySeb –2021 the year for Tech IPOs in Europe? — #6
2021 the year Tech IPOs in Europe?
Jan 11th 2021
Hello my friends 🖐,
and welcome back to the Monday #TechWatchbySeb ☕️
After some weeks of great holidays, it’s now time to get back to 2020 great habits and prepare for you this weekly newsletter. But before going into many details, HAPPY NEW YEAR.
As said, thanks a lot for your support during December and November when I decided to launch this weekly review of top news in Europe. I can’t say that it’s already perfect, but I guess if I look back to my main idea which was to highlight some important news around the European Tech Industry I guess this objective is on the good road.
Of course, for you, I wish you an incredible year 2021, health, happiness, love and success with a touch of socialisation :)
And for the European Tech Ecosystem, what do I wish?
Trust 👌 : trust that we can be a successful place for high potential companies and that Investors should continue to bet on local companies. Nasdaq or large-cap are always more attractive for Institutional Investors, but without their commitment, it will be hard to drive European Unicorn to become global champions.
Community 🤙 : We have incredible tech Ecosystems in every European country. Even if with Covid we had to readapt our ways of working, a strong success factor in doing business is probably the community. Last years, we had London which was playing as a catalyser for the European tech scene where mature companies could go to get their first international exposition. Now with Brexit deal concluded we can feel that London will hardly play the same role in the future. As Entrepreneurs, we will have to reinvent how we want to create a strong community to make Europe a viral growth environment.
Support 🤝: with Covid not all the sectors of activities have been impacted the same. For digital-oriented businesses, it looks like many of them were spared by the crisis. But many businesses from let’s say “physical economy” were heavily impacted. Restaurants, barbers, hostels and many others… many of them won’t survive post-covid-19 and for the one that will, they will probably struggle with debts… So “support” I mean that once the pandemic is eradicated, we should do our best to support each other to create a better place to live
So now it’s time to open this year with a fresh and quite exciting TechWatchby Seb
What an illustration 😂
🥇 IPO: 2 incredible European Tech companies are on the way to go public soon:
➜ The online Education company Kahoot, backed by Soft-Bank is going to go public with a targeted market valuation of 5,7Bn$. The Oslo based company is planning to go public on the Norway stock exchange (Link)
➜ File-sharing giant WeTransfer in talks with banks about bumper float. It looks like Euronext Amsterdam is the stock exchange selected for this event (Link)
Very happy to see major Tech IPOs happening on European listing 🥳
🥈The European Commission has started to invest in direct Equity through their newly created structure European Innovation Council (EIC) Fund. The EIC Fund amounts is going to invest €178M into 42 startups and SMEs in health, circular economy, advanced manufacturing, and other areas. (Link)
🥉Hopin, the Uk-based Startups which is planning an IPO and is valued around 2Bn, has just acquired StreamYard for 250M. (Link)
That’s it for this first week of 2021, have a great week and 2021 year.
Stay safe ❤️
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