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sifted.eu/articles/confident…
When we started @nothing, many people said it would be impossible to succeed as a consumer hardware startup.
Today, we're ranked #2 on the inaugural @Siftedeu Consumer 100.
Proud of our team! Thanks Sifted and @SXSW.
NEW: Since 2021, London-based VC firm Future Planet Capital has secured more than £100m in public funds without any competitive bidding process.
Sources tell Sifted that government officials have raised questions over its suitability for the project.
sifted.eu/articles/future-pl…
Scoop: An ex-Mistral employee is raising $80m for his new company, sources tell Sifted.
"Genesis Robotics is the big round happening in Paris at the moment,” says one investor.
sifted.eu/articles/ex-mistra…
“The demise of climate tech darling triggered existential soul-searching in Europe, as many questioned whether continent can scale crucial technologies such as batteries in face of China’s dominance over the industry” @MimiBilling & @FPrattysifted.eu/articles/northvolt…
🔋 When Northvolt filed for bankruptcy in November, it said it would run out of cash in January.
It says it's now extended its runway (but won't say by how much) and it's still in need of long term funding.
sifted.eu/articles/northvolt…
Gotta love the @FT's offshoot, sifted❣️
Octopus & Kraken recently released our financial results - but @FPratty really dug into the detail, and identified the real strength in our management team, overlooked by all other financial reporters...
sifted.eu/articles/octopus-e…
🐙 Someone recently described Octopus Energy to me as an opportunity for investors to get in on "an expensive utility company or a cheap tech company."
The tech company, Kraken, is growing fast and looks set to one day spin out entirely from Octopus.
sifted.eu/articles/octopus-e…
New: Octopus Energy has recorded its second year of profitability, despite a dip in revenues. Its tech arm, Kraken (which files separate accounts) saw profits increase 480%.
sifted.eu/articles/octopus-e…
"Knowing what I know now, I would have never taken Mubadala as an investor.”
Getir vs Mubadala continues to rage on, after a Dutch court on Friday sided with the sovereign wealth fund.
sifted.eu/articles/getir-mub…
What's next now Northvolt's filed for Chapter 11 bankruptcy?
Filing for Chap. 11 gives it access to $245m to keep operations going until early next year. It'll now work to restructure and bring in new financing, meaning a captable re-write.
sifted.eu/articles/northvolt…
REVEALED:
The King and Prince William are funding their private lifestyles by secretly levying millions of pounds a year of charges from the armed forces, the NHS, state schools, charities, mining companies and the general public.
thetimes.com/uk/royal-family…
My longread on ‘The Mountain’ - Palestinian journalist Wael Al Dahdouh, and the killings of Palestinian journalists and their families in Gaza.
theguardian.com/world/2024/o…
News I never wanted to be sharing 💔
Legendary tech journalist Steve O'Hear has died. Steve was a friend and mentor to many of us at Sifted, and we'll dearly miss him.
sifted.eu/articles/steve-ohe…