News 07.10.2021

PXR advises Inkitt on $59 million Series B financing lead by NEA

PXR has advised Berlin-based publishing company Inkitt on its recent $59 million Series B finacing. Inkitt is the world’s first reader-powered publisher, providing a platform to discover hidden talents and turn them into globally successful authors. Inkitt users can write stories and read novels. The most successful ones are published in various formats. The financing was lead be renowned U.S. venture capital firm NEA.

About PXR

PXR is a full-service law firm specializing in advising companies, entrepreneurs and investors in the technology sector. PXR’s clients include numerous tech companies, private equity and venture capital investors, and entrepreneurs. PXR’s core areas of expertise include tax and corporate law, employment law, and IP/IT and data privacy law.