Hello my friends 🖐,
and welcome back to the Monday #TechWatchbySeb ☕️. This week we will travel across the U.K 🇬🇧 and Holland 🇳🇱 and France 🇫🇷 after sharing insights on the No-Code trend in Europe.
No-code tools low no-code development platforms offer users the opportunity to develop tailored-made apps with little to no programming skills.
Even if some can consider Excel as one of the most ancient no-code solutions, this trend showed a strong acceleration in the last few years, with the emergence of players such as Airtable (raised $650M), Stripe (raised $2,2Bn), or Zapier (500 employees). All of the market leaders are currently based in the US, but there are promising companies in Europe that could take a strong position in this sector.
A sector, that is as of today very hard to define precisely, but most probably will have a strong impact on all the Tech integration advisory firms such as Capgemini, Sopra Steria, or Accenture as they are simplifying the integration and the development of many different apps.
But what about Europe?
It is quite hard to build an exhaustive list, but we can already count on interesting European players to offer no-code / low-code solutions, with the ambition to become worldwide standards. To name some of them:
Typeform 🇪🇸 (forms and survey solution) which raised $52M
Rows 🇩🇪 (spreadsheet with data and API integration) which raised $40M
Bryter 🇩🇪 (automate the decision-making process) which raised $20M
Simplifier 🇩🇪 (low-code software for integrated business and IoT solutions) which raised $20M
And most recently it’s Aiven🇫🇮 which has announced last week an important C-round of $100M backed by Atomico. The company develops and manages cloud service hosting for software infrastructure services.
In conclusion, we can be very excited with the emergence of this sector and to see these are already European players well-positioned to become worldwide standards.
#TECHWATCHBYSEB — WEEKLY ISSUE #17
🥇 Arrival 🇬🇧 now listed on Nasdaq and valued $13Bn
The British electric van maker, has now completed its SPAC merger with CIIG Merger Corp. The company is now listed on the NASDAQ and is valued above $13Bn.
A very promising company on a promising market.
🥈Unit4 🇳🇱 was acquired for $2Bn
Unit4, providing software solutions to human resource management, financial planning, accounting just released its acquisition by the Private Equity firm TA Associates for $2Bn.
🥉 Lugh 🇫🇷, the first Euro stablecoin backed by Société Générale
French startup Lugh announced the launch of a new Euro stablecoin on the Tezos blockchain, with associated bank deposits held by Société Générale.
The crypto available now on the crypto-broker coinhouse, will open new business cases, such as Casino groupe (French retailer) which is planning to use the stablecoin as a payment & reward solution.
That’s it for this week, wishing you a great week ahead🖐
Stay safe ❤️