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Euro Ventures - Friday, June 29, 2007

This Week In Euro Tech Ventures

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Investments
+ Burda backs online gift recommendation site Biz eDelight.de.

+ Sofinnova funds BlueKiwi to make blogs safe for big business.

+ snom Technology out of Berlin has raised an undisclosed amount of capital from a hedge fund for its VoIP phones.

+ French solar power company Solaire Direct gets financed.

+ Spain's OutSystems Gets Growth Capital for Web Business App Wizards

M&A
+ Axel Springer puts €284M price tag on auFeminin.com.

+ German Twitter clone finds a buyer on eBay.

News and analysis
+ Forbes reports on European tech ventures, seeing signs of a mini-bubble but also giving plenty of space to mention some European tech ventures, such as Iminent, Netvibes, Garlik, Smaato, FON, smeet, and Properazzi. These are startups regular readers will be familiar with.

+ Top 10 reasons why tech public relations fizzle rather than sizzle.

+ Niklas Zenstrom, of Kazaa, Skype, and Joost fame, talked about serial entrepreneurship at the Zeitgeist Google confab.

+ Bruce Sterling, the American futurist living in Belgrade says he believe that the Dotgreen movement just might generate massive consumer demand for 'cool objects that will yield a global atmosphere upgrade'.

+ A British reporter travels to China to see robots built by a Chinese farmer with no training.

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