Following a work accident at Northvolt in 2023, when a 25-year-old died, up to eight people are questioned by the police, including the former CEO. sifted.eu/articles/nor...

Northvolt cofounder faces involuntary manslaughter probe over alleged workplace safety breaches, reports say

The former CEO of Northvolt, Peter Carlsson, is to be questioned over an employee’s death, alleged to have been the result of workplace safety violations.

sifted.eu

Carbon removal company Climeworks is plotting an international expansion despite a recent round of layoffs and uncertainty over funding from the US government. The company tells me that Canada, Saudi Arabia, Norway and the UK fit its criteria. More here 👇 sifted.eu/articles/cli...

Climeworks eyes expansion despite planned layoffs

Climeworks is plotting an international expansion despite a recent round of layoffs and uncertainty over funding from the US government.

sifted.eu

It's a sad day for European tech. Swedish plane startup Heart Aerospace has announced it is closing down all its European operations to fully focus on the US. With the latest geopolitical tensions between the US and Europe, this isn't great news for Europe. sifted.eu/articles/hea... @sifted.eu

Heart Aerospace ditches Europe to focus on US operation

Swedish aerospace manufacturer Heart Aerospace has announced it will shut down operations in Sweden to fully focus on the US.

sifted.eu

Bankrupt battery factory Northvolt was supposedly running out of cash two weeks ago. Now the company tells @sifted.eu it has extended its cash runway. W. @freyapratty.bsky.social More here: sifted.eu/articles/nor...

Northvolt extends runway but says it needs more capital to survive

When Northvolt filed for bankruptcy, it had enough capital to last them to the end of January. The company now says its cash runway has been extended.

sifted.eu

The data centre near Sophia Antipolis will be Evroc's first out of three in the country. #France #AI #Deeptech

Cloud startup evroc to build hyperscale AI data centre in France

sifted.eu

Great digging by @tommatsuda.bsky.social – How the UK government spent five years luring US VC giant Andreessen Horowitz to London... only for them to leave less than two years after opening their crypto-focused office sifted.eu/articles/and...

Internal documents reveal how the UK spent years luring Andreessen Horowitz to London: 'Most crypto firms have left'

Internal documents reveal the UK government spent years luring VC giant Andreessen Horowitz to London before it ditched the city for Trump.

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In case you missed it, this was a pretty fun story picked up by my colleague @freyapratty.bsky.social late last week. sifted.eu/articles/gus...

Founder dresses as burglar to troll corporate rival: ‘I’m ready to embarrass myself’

Inspired by viral YouTuber MrBeast, founder Giuseppe Baidoo took the streets to stand up for his snack startup Gusto.

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This is the story of one man who managed to catfish the VC ecosystem. 🎣 Ian Slater set up a family office, Gloucester Circus, to invest into VCs. There was just one problem: the VCs and family offices around Slater were real, but his promises of money were often not sifted.eu/articles/glo...

Sometimes I get the chance to interview people that have done a lot early on in their careers... like Markus Villig who founded ride-hailing startup Bolt almost 12 years ago as a 19 year old. Now, Bolt is leading in about 20 countries and expects €2bn in revenue in 2024. sifted.eu/articles/bol...

Bolt’s CEO: Self-driving cars could grow our business 100x

Bolt CEO Markus Villig on self-driving cars, IPO plans, Europe’s e-scooter challenges and reaching €2bn in expected revenue in 2024.

sifted.eu