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2 weeks ago | 
sifted.eu | Daphne Leprince-Ringuet |Kai Nicol-Schwarz
US chip giant Nvidia is making a push into Europe with a host of new projects and partnerships announced this week to build up the region’s compute capacity. The move has raised concerns that Europe is once again outsourcing key technologies to foreign players.
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3 weeks ago | 
sifted.eu | Kai Nicol-Schwarz |Miriam Partington
Tech industry leaders in the UK say government plans to cut immigration will increase talent shortages in key sectors and force startups to relocate. In May the UK government announced a wave of measures to cut legal migration to the country, with Prime Minister Keir Starmer drawing criticism for saying the country risked becoming an “island of strangers”. Net migration almost halved in 2024, according to government statistics.
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1 month ago | 
sifted.eu | Kai Nicol-Schwarz |Freya Pratty
A growing number of British startup founders and investors are relocating to Dubai to take advantage of the region’s low tax regime as rates rise in the UK, according to industry insiders. The UK’s Labour Party came into power in July last year with a broadly positive mandate from the country's tech sector, but budget cuts and tax rises in the second half of 2024 have seen sentiment towards the government cool.
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1 month ago | 
sifted.eu | Daphne Leprince-Ringuet |Kai Nicol-Schwarz
Some of the AI models built by buzzy French startup Mistral are significantly more likely to produce child sexual exploitation material (CSEM) and content linked to chemical and nuclear threats compared to its competitors, according to a new report. Mistral, which launched in Paris two years ago, builds generative AI models similar to those powering US tech giant OpenAI’s ChatGPT.
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1 month ago | 
sifted.eu | Freya Pratty |Kai Nicol-Schwarz
After the UK and India signed a long-awaited trade deal, industry leaders in both countries say the pact will revolutionise how talent and capital flows between them. While the deal puts significant focus on cuts to levies on consumer goods such as whiskey and clothing — offering the UK economy a potential £4.8bn boost — members of the startup ecosystem have hailed the potential it could bring to tech, too.
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1 month ago | 
sifted.eu | Martin Coulter |Kai Nicol-Schwarz
As tensions simmer between Donald Trump and European leaders, the world's biggest cloud providers have been playing down fears the US president could sever the continent's access to their services — with potentially disastrous consequences. Last month, Trump rolled out an unprecedented package of tariffs on trading partners around the world, sending markets into free fall.
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1 month ago | 
sifted.eu | Freya Pratty |Kai Nicol-Schwarz
Beam, a British climate startup which designed AI and robotics to power the offshore wind industry, has shut down and appointed administrators, months after announcing major expansion plans. The Bristol-based startup had sought to use robotics to automate offshore wind farms, aiming to cut the time needed to service renewable energy systems, thereby bringing down their cost.
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2 months ago | 
sifted.eu | Kai Nicol-Schwarz |Miriam Partington |Anne Sraders
European startups and their investors are bracing for a hike in cloud computing costs that could hit growth ambitions and delay profitability, amid fears that US tariffs could force hyperscalers to ramp up prices. US president Donald Trump sent markets around the world into meltdown earlier this month, after unveiling a sweeping package of import taxes on trading partners from around the world.
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2 months ago | 
sifted.eu | Kai Nicol-Schwarz |Mimi Billing
European venture firms Kinnevik and Molten Ventures have both warned of “volatility” caused by US president Donald Trump’s recent barrage of tariffs, as the continent’s startups scramble to navigate the uncertainty. In an annual trading update published Thursday, Swedish VC firm Kinnevik — which has backed the likes of green steel scaleup Stegra and travel platform TravelPerk — marked down the majority of its investments in the first three months of 2025, compared to the previous quarter.
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2 months ago | 
sifted.eu | Kai Nicol-Schwarz |Amy Lewin
European VC giant Atomico has agreed to sell part of its fund of funds portfolio, multiple sources have told Sifted. US private equity company Kline Hill Partners (KHP) is acquiring Atomico’s LP stakes in VC funds including Seedcamp, Visionaries Club, Puzzle Ventures, Common Magic and Tiny VC, according to a source with knowledge of the deal.
