Kai Nicol-Schwarz
Reporter at Sifted
Reporter at the Financial Times' Sifted | UK tech and healthtech | [email protected] | he/him
Articles
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Sep 30, 2024 |
sifted.eu | Kai Nicol-Schwarz
Newcleo, Europe’s best-funded nuclear energy startup, has raised a further €48m as it continues its hunt to close a €1bn round. After announcing it was setting out to raise the sum 18 months ago, it’s closed just €135m — including an €87m raise in May. It brings the total funding raised by the company to €535m. Investors in the round include Italian pension fund Inarcassa, Italian industrial plant equipment manufacturer Walter Tosto and French engineering consultancy company Ingérop.
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Sep 30, 2024 |
sifted.eu | Kai Nicol-Schwarz
Oriole Networks, which says it has developed novel technology to help train AI faster, has raised £17.5m in a Series A round, according to Companies House filings. Ian Hogarth, partner at London-based VC firm Plural, was appointed as a director of the company the same day in August as new shares were issued, indicating that the investor was involved in the round. Oriole Networks and Plural did not respond to a request for comment.
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Sep 28, 2024 |
sifted.eu | Kai Nicol-Schwarz
Others are mulling overseas relocation amid mounting concerns that potential increases in capital gains tax could impact the value of an exit.
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Sep 26, 2024 |
sifted.eu | Kai Nicol-Schwarz |Freya Pratty
Suppliers to CogX — one of the UK’s largest tech conferences — have told Sifted they’re resorting to the courts and turning to debt collectors in an attempt to recoup money they say they are owed. In April 2024, Sifted reported that suppliers said they were owed “tens of thousands” in unpaid fees, which CogX had said would be repaid after the company concluded an event in Los Angeles in May.
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Sep 25, 2024 |
sifted.eu | Kai Nicol-Schwarz
This article first appeared in Sifted’s Daily newsletter, sign up here. At a fringe event on Monday hosted by lobby group Startup Coalition on the same drizzly Albert Dock hosting the main UK Labour Party conference in Liverpool, there was uncertainty in the air ahead of the government’s upcoming budget at the end of October. One of the chief worries in the startup sector is that capital gains tax could rise — meaning entrepreneurs could keep less of their money from an exit.
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