Mimi Billing
Europe Editor at Sifted
Europe editor at @siftedeu backed by @FT. Reach me on LinkedIn or [email protected]
Articles
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6 days ago |
sifted.eu | Mimi Billing
AI voice startup ElevenLabs has had a hectic start to 2025. Since announcing its $180m Series C at a $3bn valuation in January, the company has launched its own speech-to-text model, opened an office in Japan, secured a deal with Spotify to offer audiobooks on its platform and seen a growing number of competitors entering the market.
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1 week ago |
sifted.eu | Freya Pratty |Mimi Billing
Peter Carlsson, the cofounder of bankrupt Swedish gigafactory Northvolt, has joined a new AI startup, taking a significant stake in the company, according to reports. Carlsson owns between 25 and 50% of Aris Machina, Swedish news site Breakit reports, describing the company as developing software for “manufacturing, factory design and production.” The startup is renting a coworking space in central Stockholm. Aris’ CEO is Northvolt alum Siddharth Khullar, who also owns a stake in the company.
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1 week ago |
sifted.eu | Mimi Billing
Swedish battery factory Novo Energy, the joint venture set up by Northvolt and Volvo Cars, has announced it is laying off 50% of its employees following an evaluation of its operations in the wake of Northvolt’s bankruptcy. Novo Energy was established as a joint venture in 2022 in Gothenburg to further develop battery expertise within both companies and to develop battery cells and vehicle integration technologies, specifically for use in Volvo cars.
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1 week ago |
sifted.eu | Mimi Billing
On the outskirts of Stockholm, at the heart of a newish development site on the waterside by Nacka Strand, bustling with dozens of local restaurants and businesses, there is a black ten-meter rocket resting on a link bridge. The spacecraft belongs to Swedish-American space startup Pythom Space, and has piqued the interest of passersby and the company’s employees alike (some have been knocking on the door of the startup to find out more and subsequently joined it).
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2 weeks ago |
sifted.eu | Mimi Billing
Swedish aerospace manufacturer Heart Aerospace has announced it will shut down operations in Sweden to fully focus on the US. Originally a government-sponsored project, Heart Aerospace was founded by CEO Anders Forslund in 2018, and has received investment from Microsoft billionaire Bill Gates, the EIC fund, EQT Ventures and Norrsken VC, among others. But the company has struggled to crack Europe, resulting in its latest decision to focus on America.
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Creandum has apparently invested in Lovable – according to its own now-deleted blog post and to a source close to the deal https://t.co/pQU7RB4aKQ https://t.co/xx6FctnxKR