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Here's what happened today in European Tech.

Deals

- Zalando is said to be in the process of taking over the Prosiebensat.1 stake in online perfume shop Flaconi, which could net the seller €800 million.

- UK food delivery scale-up Deliveroo is poised to fire a formal starting gun on a blockbuster stock market flotation before 8 March, making it the first in a string of British tech "unicorns" to go public in 2021.

- Sweden’s CELLINK is to acquire the Finland-based robotics and diagnostic automation company Ginolis for €70 million in a mix of cash and stock.

- Marlin Equity Partners has made an undisclosed ‘growth investment’ in software scale-up Lengow, which has built an e-commerce automation SaaS platform, giving the investment giant majority control in the French company.

- Tel Aviv-based Personetics, a fintech company that uses AI to help financial institutions boost customer personalisation and engagement, has secured a $75 million investment from Warburg Pincus.

- Listed London-based edtech group Learning Technologies has snapped up US edtech company Bridge in a £36.1 million deal.

- Carl Pei’s flegling UK-based technology brand Nothing is now the sole owner of the one-time smartphone brand Essential, which was started by Android founder Andy Rubin.

- Dutch startup Protix has secured €15.5 million to breed insects for aquaculture.

- We also tracked a large number of (other) European tech funding rounds and M&A transactions, all of which we are putting in a handy list for you on Friday afternoon in our weekly roundup newsletter (note: the full list is for paying customers only). Also check out our European tech news section for ongoing coverage.

Worth Reading/Knowing

- Uber called on EU regulators to recognise the value of independent contracts in job creation as they consider new rules to protect gig economy workers.

- A new EU directive that will grant consumers the right to collectively sue in cases of mass harm could lead to bigger, pan-European class actions in a few years, and the cases against the likes of Apple and TikTok are being lined up.

- Google Ireland and Google France have agreed to pay a €1.1 million fine after a probe found that Google’s hotel rankings could be misleading for consumers, France’s finance ministry and fraud watchdog said on Monday.

- Iconiq Capital, which manages the wealth of Mark Zuckerberg and other SF elites, wants to hire its first partner in Europe. It's established a UK entity.

- American Dream: The European fintechs (hoping to) conquer the US.

- A UK investor group has issued a new set of guidelines for the venture capital and private equity industries to tackle their well-documented diversity problem.

- What the US can teach Europe about privacy.

- Dutch online supermarket Picnic has doubled its revenue and eyes expansion to France.

- Vittorio Colao, the former CEO of Vodafone Group, has been appointed as Italy’s minister for technological innovation and digital transition.

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