Today in European Tech: The birth of Latvia’s first unicorn, a ‘buy now, pay later’ acquisition in Prague, and more


Here’s what happened today in European Tech.


– Latvia-born Printful has landed $130 million in fresh funds via private equity firm Bregal Sagemount. With this funding, the print-on-demand company becomes Latvia’s first unicorn with a valuation of over $1 billion.

Prague’s BNPL platform Twisto has been fully acquired by the Australian buy-now-pay-later firm Zip after it invest in the Czech company earlier, by purchasing the outstanding shares for a fee of €89 million.

British AI tech company Faculty has raised £30 million in growth funding from the Apax Digital Fund.

– 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

Russia’s internet regulator has threatened to slow down Google services in Russia if it does not comply with requests to delete content within 24 hours.

– In a new episode of the Podcast, we talk to Dominique Piotet, CEO of Unit.City. Dominique was born and raised in France and has spent many years in Silicon Valley — but ended up helping to build an enormous startup ecosystem project in Kyiv, Ukraine.

A look at GDPR, three years since the introduction of the European data privacy and security law.

– Vienna’s has launched Europe’s first digital health account in an attempt to fix the private insurance cash flow gap.

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