🔎A reminder that there are many confidential ways to get in touch with Sifted and tell us what to dig into next...
- Proton Mail: [email protected]
- Signal: +447742651828
+ More methods below
https://t.co/dGups3q7aM
Scoop: German AI translation unicorn DeepL is “looking very closely” at an IPO, which could come in 2026, sources tell us. More with @_tommatsuda@FPratty https://t.co/H3l9PftyRx
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.
https://t.co/LNJGbIiBqM
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.
https://t.co/9l9yZOO3YC
“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 & @FPratty https://t.co/cxFZDEhJ5T
🔋 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.
https://t.co/ly3PWzKLMv
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...
https://t.co/fGQDGR6QQ6
🐙 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.
https://t.co/LJsuMaae5o
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%.
https://t.co/LqyDgApRNq
"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.
https://t.co/aYERdZQ2ho
VCs, be on your guard for people claiming family offices like Ian Slater - excellent investigative journalism from @mparts_ and @FPratty of @Siftedeu https://t.co/cDk4yUSKKx
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.
https://t.co/fJvIEmlJJE
Saturday, @mikebutcher, @Bryce_Keane , @amyrlewin, @FPratty, I and others (sorry for not tagging all) came together w/family and friends for a memorial for the great, late @sohear. Please give if you can to a charity in his honour, one he held close. https://t.co/I3IuigHqUd
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.
https://t.co/iqcfnCqPru
My longread on ‘The Mountain’ - Palestinian journalist Wael Al Dahdouh, and the killings of Palestinian journalists and their families in Gaza.
https://t.co/zUyeVK5KFE
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.
https://t.co/ln4vJvwU7X
The Israeli military’s evacuation orders are now expanding north in Lebanon, beyond the Litani River — outside a buffer area established by the U.N. at the end of the 2006 war.
Excellent graphic via @LaurenLeatherby@nytimes