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Today in European Tech: UiPath s IPO, Trendyol nabs $330 million, BlaBlaCar raises $115 million, new EU rules on use of AI, and more

- Turkish e-commerce platform Trendyol has received an additional $330 million investment from existing partner Alibaba in a capital increase. With this injection of capital, Alibaba now holds an 86.5% stake in the company. - UK fintech and pensions provider PensionBee arrived on the London Stock Exchange this morning with its shares priced at 165p, giving it a valuation of £365 million on admission. - French startup BlaBlaCar has raised a new $115 million funding round. While the company is better known for its long distance carpooling marketplace, BlaBlaCar has also added a bus marketplace. - ATAI Life Sciences, a biopharmaceutical company aiming to make psychedelic drugs to treat mental health disorders, announced that it is planning to raise $100 million in an initial public offering. The Berlin-headquartered company, which counts billionaire investor Peter Thiel as one of its main backers, has submitted an S-1 filing to the SEC.

Midas List 2021 Newcomers: Unprecedented Year Transforms The Landscape

Midas List 2021 Newcomers: Unprecedented Year Transforms The Landscape
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Healthcare investors and VCs share 2021 predictions

This story is available exclusively to Insider subscribers. Become an Insider and start reading now. We asked healthcare and biotech venture capitalists from leading firms like Venrock and NEA to share their predictions for 2021.  2020 was a pivotal year for healthcare, shaped by the pandemic and a booming IPO market for digital health companies.  In 2021, VCs are anticipating a rough time for young startups, a big year for digital health IPOs, and increased attention for startups looking to address the healthcare industry s shortcomings.  It s difficult to imagine what 2021 has in store, after a pandemic-ravaged 2020. But when it comes to the healthcare industry, investors are predicting certain events and trends are bound to transpire in the coming year. 

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