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This Week in European Tech: Redwood scores €315 million, Vinted knits €250 million, a new high-profile SPAC, and more


This Week in European Tech: Redwood scores €315 million, Vinted knits €250 million, a new high-profile SPAC, and more
Updated
Happy Friday!
This week, our research team tracked 90 tech funding deals worth more than €1.8 billion, and about 15 exits, M&A transactions, and rumours, and related news stories across Europe, including Russia, Israel, and Turkey.
As always, we are putting all of them together for you in a handy list sent in our round-up newsletter (note: the full list is for paying customers only).
Recently, we also started publishing Today in European Tech , a daily round-up of deals and news stories that caught our attention. Keeping you updated on all things EU tech is our priority! ....

United States , Bruxelles Capitale , City Of , United Kingdom , Noord Holland , Abhinav Ramnarayan , Sian Osborne , Jochen Ziervogel , Tijl Vuyk , Eldar Tuvey , Max Schrems , Redwood Software , Ireland High Court On , European Commission , Sony Innovation Fund , While The Commission , European Union , Irish High Court , European Tech , Invest Lithuania , United Kingdom Based , High Court , German Whatsapp , Hamburg Commissioner , Data Protection , More Moolah ,

Three years of GDPR in Germany – some potentially expensive wake-up calls | Dentons


Looking back over three years of the GDPR
1 for Germany, one significant change is clear: German data protection authorities are imposing heavy fines for infringements.
Although the old legal data protection framework implementing the repealed Privacy Directive 95/46/EC
2 already contained most of the GDPR principles and obligations, the fines just mounted up to €50,000 or €300,000 and the German data protection authorities did not even make use of this range: Fines stayed far below these levels and usually had no deterrent effect at all.
With the ability to impose fines amounting up to 4% of the total worldwide annual turnover of the preceding financial year, or €20 million, data protection finally emerged from the shadows. To be ready for significant increases of fines, the 16 data protection authorities of the German Länder (states) and the federal authority gathered together at the German Data Protection Conference (Datenschutzkonferenz – ....

Nordrhein Westfalen , German Federal Constitutional Court , German Federal Labor Court , Privacy Directive , German Data Protection Conference , Berlin Commissioner , Data Protection , Federal Commissioner , North Rhine Westphalia , Hamburg Commissioner , Federal Data Protection Act , னோற்ர்ேன் வெஸ்ட்ஃபாலன் , ஜெர்மன் கூட்டாட்சியின் அரசியலமைப்பு நீதிமன்றம் , ஜெர்மன் கூட்டாட்சியின் தொழிலாளர் நீதிமன்றம் , ப்ரைவஸீ உத்தரவு , ஜெர்மன் தகவல்கள் ப்ரொடெக்ஶந் மாநாடு , பெர்லின் ஆணையர் , தகவல்கள் ப்ரொடெக்ஶந் , கூட்டாட்சியின் ஆணையர் , வடக்கு ரைன் வெஸ்ட்பாலியா , ஹாம்பர்க் ஆணையர் , கூட்டாட்சியின் தகவல்கள் ப்ரொடெக்ஶந் நாடகம் ,