Freya Pratty
Senior Reporter and Investigations Lead at Sifted
Senior reporter + investigations lead at the Financial Times' @Siftedeu | Wincott Young Journalist of the Year | Prev 🇱🇧 & 🇫🇷 | [email protected]
Articles
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2 weeks ago |
sifted.eu | Freya Pratty
London-based Octopus Energy, which has grown to become the UK’s largest energy supplier and a significant M&A actor, has made its first tech investment focused on Africa, as the company continues to spread its tentacles to new geographies. Octopus has invested in Mopo Energy, a UK-headquartered startup which rents solar-powered, portable batteries to customers across Nigeria, the Democratic Republic of Congo, Sierra Leone and Liberia.
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2 weeks ago |
sifted.eu | Freya Pratty
German startup Proxima Fusion has raised a €130m Series A round — the largest funding round for a European fusion startup. The round was co-led by Cherry Ventures and Balderton Capital, with participation from UVC Partners, Germany’s deep tech and climate tech fund (DTCF), Plural, Leitmotif, Lightspeed, Bayern Kapital, HTGF, Club degli Investitori, OMNES Capital, Elaia Partners and redalpine. It brings Proxima’s funding so far to €185m.
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2 weeks ago |
sifted.eu | Freya Pratty
Czech grocery delivery unicorn Rohlik is launching a new company to sell the technology it says has been crucial to its success to others. Founded in 2014 Rohlik — which secured a $1.2bn valuation in 2021 and has raised $593m to date — has outlived many of the other companies looking to disrupt the market, hitting profitability while its competitors dwindled. The new company which will sell the tech, Veloq, will be a wholly owned subsidiary of Rohlik.
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2 weeks ago |
sifted.eu | Freya Pratty
French startup Mistral is considering raising $1bn in funding this year, as Europe’s best-known AI company continues to benefit from increasing appetite for home-grown models. Mistral has begun to sound out potential investors, according to the Financial Times, which first reported the news, citing people familiar with the matter. The sources said that formal fundraising was unlikely to begin until later this year. The Paris-based company declined to comment on its fundraising plans.
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3 weeks ago |
sifted.eu | Freya Pratty
Europe’s climate tech ecosystem could benefit from sweeping cuts to the sector in the US, say VCs — if European policymakers are willing to up their game. On Friday, US energy secretary Chris Wright confirmed $3.7bn in grants promised to climate tech projects by the Biden administration had been cancelled. The cuts affect 24 projects, working on things like carbon capture, hydrogen, clean fuels and green steel production.
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RT @Headlinemoney_: And on the shortlist for #HMAwards25 B2B Story of the Year, we have Damisola Sulaiman, @SKPMcGee, @FPratty & @mparts_,…
RT @AnneSraders: Scoop: German AI translation unicorn DeepL is “looking very closely” at an IPO, which could come in 2026, sources tell us.…
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