As the news of the week starts to wind down, we’ve put together a roundup of the biggest stories and funding rounds in collaboration with our sister company Index.
Whether you’ve had a particularly busy week or you’re ready for a recap, we’ve got you covered with a collection of highlights from the tech news snapped up by the Index algorithms.
This week in numbers:
Index sourced 144 funding events this week. The median investment amount was $5 million, with the largest event clocking in at a whopping $1 billion Series F round for Uber.
The 💜 of EU tech
The latest rumblings from the EU tech scene, a story from our wise ol' founder Boris, and some questionable AI art. It's free, every week, in your inbox. Sign up now!
Three breakout funding rounds
Riffsy raked in a $10 million Series A round to bring the world its GIF keyboard. Led by Menlo Ventures, this new round brings the company’s total funding to $13.5 million.
Fastly raises a $75 million Series D, led by ICONIQ Capital, for its real-time content delivery service. Total funding raked in by the company comes to $129 million after this round.
Bangalore-based budget hotel network OYO Rooms lands $100M Series B round. The round was led by SoftBank, and brings OYO Rooms’ total funding to date to $125 milion.
Highlighted headlines
Here are some of the headlines that made it to Index’s global trending page.
Instagram has switched on its advertising API [The Next Web]
Apple Music has more than 11 million trial subscribers [The Verge]
Over 14 million devices running Windows 10 [WSJ]
Adidas acquires mobile fitness company Runtastic for $239M [The Next Web]
Tinder and Forbes are launching a new app for power networking [Business Insider]
Xiaomi regains top spot in China’s smartphone market [TechCrunch]
That’s the week in funding news and trending headlines, refined from raw Index data and curated by our team. Hungry for more? Track what’s happening in tech throughout the week with Index.
Get the TNW newsletter
Get the most important tech news in your inbox each week.