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Taxify, Voodoo and everything else to know about May 2018: a recap

It’s time for another monthly recap. May was the most active month so far in 2018: €2.4 billion invested and 166 rounds larger than €2 million.

Goldman Sachs invested $200M in Voodoo (Gaming), with undisclosed terms but likely a significant portion of secondary sales. Daimler invested $175M and takes a 10% stake in Taxify, which reached the unicorn status. But there was a lot more activity. The ten largest deals in May are shown below. A link to the full list is provided inside the full report (see bottom of this post).

Landmark investment rounds in May

So far, investment activity in 2018 is ahead of 2017 (which was a record year), as the following chart shows.

Cumulative investment 2018 vs 2017

Additionally, May saw over €6.4 billion in VC backed exits. 2018 is on track to be a record year for European exits with €44 billion in exit value so far (more than half of which from Spotify).

VC backed exits

Everything you need to know about European tech in the past month is in this report:

Open the full report

Monthly Venture Capital recap

If you have any questions about this report, please feel free to contact us (see customer contact tool in bottom right).