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Today in European Tech: WalkMe files for a Nasdaq IPO, Back Market scores $335 million, Copper nabs $50 million, and much more


Today in European Tech: WalkMe files for a Nasdaq IPO, Back Market scores $335 million, Copper nabs $50 million, and much more
Deals
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Israeli digital adoption SaaS company WalkMe has filed a prospectus with the US SEC for an IPO on Nasdaq.
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Parisian refurbished electronics marketplace Back Market has raised $335 million in a Series D round led by General Atlantic. The round also saw participation from Generation Investment Management, as well as existing investors Goldman Sachs Growth Equity, Aglaé Ventures, Eurazeo and daphni.
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Stockholm’s open banking platform Tink has acquired Munich-based FinTecSystems. With the purchase, Tink will make large inroads into the DACH region, while FinTecSystems’ leading market position will only be strengthened. ....

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NME: Publishers Are Suffering From Apple's Commercial Practices


NME: Publishers Are Suffering From Apple’s Commercial Practices
European publishers have welcomed the European Commission’s decision to send Apple a statement of objections, following a complaint introduced by Spotify in 2019, pointing out that news publishers are also suffering from Apple’s commercial practices.
In a statement, Executive Vice-President Margrethe Vestager said the Commission s preliminary conclusion was that Apple abused its dominant position for the distribution of music streaming apps through its App Store and distorted competition in the music streaming market.
Like Spotify, European news publishers suffer from Apple’s commercial practices, News Media Europe, of which the News Media Association is a member, said. ....

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Today in European Tech: Roivant to go public in $7.3 billion deal, Intel to invest $600 million in R&D in Israel, a new Irish unicorn, and more


Today in European Tech: Roivant to go public in $7.3 billion deal, Intel to invest $600 million in R&D in Israel, a new Irish unicorn, and more
Deals
- Roivant Sciences has agreed to go public through a merger with a blank-check firm backed by former KKR dealmaker Jim Momtazee, in a deal that values the
Swiss biotech company at $7.3 billion.
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Fintech company Fenergo has become the third Irish tech unicorn after being valued at over $1 billion in a new deal, per Irish Times sources.
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Digital events and ticketing platform challenger FIXR has closed a Series A funding round topping out at £6.5 million and has announced a significant partnership with REKOM UK, the country’s largest nightclub operator. ....

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