As the phrase goes, the best-laid plans of mice and men, just minutes after Robin and I finished recording this week&#8217;s edition of the Drive at Five, Getir&#8217;s acquisition of Gorillas broke. Needless to say, this would have been a topic we would have addressed, but in lieu of audio, you can find our coverage of the story <a href="https://tech.eu/2022/12/09/getir-acquires-germany-competitor-gorillas-in-1-2-billion-deal">here</a>.
Up this week:
🏴󠁧󠁢󠁥󠁮󠁧󠁿  Atomico, Atcomio, and Atomico. As the London-based VC firm released its mammoth State of European Tech 2022 report, Tech.eu broke down selected portions:
<ul>
<li>Robin&#8217;s <a href="https://tech.eu/2022/12/07/the-worrying-state-of-european-tech-in-2022">view</a> on the (worrying) State of European Tech in 2022 and 15 additional takeaways</li>
<li>Dan&#8217;s <a href="https://tech.eu/2022/12/07/european-vc-activity-and-competition-slowed-in-2022">look</a> at VC activity</li>
<li>Tamara&#8217;s country-by-country analysis</li>
<li>and Callum&#8217;s <a href="https://tech.eu/2022/12/07/atomico-thematic-trends">look</a> at thematic trends</li>
</ul>
🇸🇪 Einride posted a big number in funding this week, $500 million, but after a closer look, while it&#8217;s nothing to sneeze it, the number is comprised of a variety of inputs.
🇪🇺 Following up on the VC dry powder section mentioned in the Atomico report, Robin highlights big raises by VC firms including <a href="https://tech.eu/2022/12/07/iris">IRIS</a>, <a href="https://tech.eu/2022/12/06/one-peak-reaches-new-heights-with-third-fund-capped-at-1-billion">One Peak</a>, <a href="https://tech.eu/2022/12/07/cavalry-ventures-eur160-million">Cavalry</a>, <a href="https://tech.eu/2022/12/05/partech-fourth-seed-fund">Partech</a>, and <a href="https://tech.eu/2022/12/07/eif-backs-climate-tech-vc-world-fund">World Fund</a>
🇩🇪 Speaking of World Fund, along with Porsche, Abacon Capital, and Vsquared Ventures, Germany&#8217;s battery cell developer and producer Customcells saw a <a href="https://tech.eu/2022/12/08/porsche-backs-battery-cell-developer-and-producer-customcells-in-eur60-million-round">fresh injection</a> of €60 million in a funding round aimed specifically at moving the needle in the e-aviation sector.    And there&#8217;s one more thing &#8211; according to the Atomico report, diversity figures in Europe aren&#8217;t good. At all.
All this and more on this week&#8217;s episode of the Drive at Five.

Benjamin Deplus

🎙️ The Drive at Five with Dan Taylor and Robin Wauters - Episode 18

Getir

Gorillas

As the phrase goes, the best-laid plans of mice and men, just minutes after Robin and I finished recording this week&#8217;s edition of the Drive at Five, Getir&#8217;s acquisition of Gorillas broke. Needless to say, this would have been a topic we would have addressed, but in lieu of audio, you can find our coverage [&hellip;]