After the upgrade to release 2111, Custom Tiles are not displayed in the Fiori Launchpad if running on "Spaces" mode.
Checking the relevant Fiori Page in app "Manage Launchpad Pages", the Custom Tiles show text [Custom Tile] instead of the expected Custom App.
S/4HANA Cloud 2111
The fix for the problem will be available with HFC04 (planned release date 09.12.2021).
As a workaround, start the affected apps via the Fiori Launchpad´s App Finder.
KBA , CA-FLP-FE-COR , SAP Fiori Launchpad Frontend Core and Services , Problem