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Mimi Billing

Stockholm, Sweden

Europe Editor at Sifted

Europe editor at @siftedeu backed by @FT. Reporting on Nordic startups. Moderator. Longevity enthusiast. News to [email protected]

Articles

  • 1 week ago | sifted.eu | Mimi Billing

    Lovable has received a cease-and-desist letter from Figma, warning the Swedish AI startup to stop using the phrase “Dev Mode” in its products, claiming it infringes on their intellectual property. Figma, a California-based web design platform valued at around $10bn with backers such as Kleiner Perkins and Index Ventures, called out Lovable over its use of the term “Dev Mode” on its platform.

  • 1 week ago | sifted.eu | Mimi Billing

    With VCs continuing to throw money at GenAI startups, it’s strange to see any of them turning down easy money. But investment almost always comes with strings attached, as well as dilution, and some are less happy to accept these conditions than others. “At some point, you might have to raise money because everyone else is,” says Lasse Finderup, CEO and cofounder of the AI transcription tool Good Tape.

  • 2 weeks ago | sifted.eu | Mimi Billing

    Madrid-based scaleup Jobandtalent, a platform for finding temporary work, has raised €92m in Series F funding from new and existing investors including Atomico, BlackRock, DN Capital, Hercules, InfraVia, Kibo and Kinnevik. The funding round values the scaleup at €1.3bn, a decrease of €800msince its $500m series E in 2021, when it was valued at $2.35bn (€2.1bn).

  • 2 weeks ago | sifted.eu | Mimi Billing

    Bankrupt Swedish battery manufacturer Northvolt, which raised more than $13bn in debt and equity during its lifetime before crashing into administration last year, is still looking for a buyer for its core assets and factory Northvolt Ett. At the end of March it laid off more than half of its 4,500 employees, and last Thursday formally suspended its Chapter 11 bankruptcy proceedings in the US.

  • 2 weeks ago | sifted.eu | Mimi Billing

    Swedish healthtech startup Neko Health is opening another body scanning clinic in London’s trendy Spitalfields Market, just six months after the company’s UK launch. The new clinic is the company’s biggest so far, located in a standalone building of 7,466-square-foot — the equivalent of ten two-bedroom flats — the company says it will have the capacity to scan up to 30k people annually.

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Mimi Billing
Mimi Billing @MimiBilling
25 Feb 25

RT @siliconvikings: The #sthlmtech two-day @Techarenan conference put Sweden in a place where tech and politics took center stage and every…

Mimi Billing
Mimi Billing @MimiBilling
25 Feb 25

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

Mimi Billing
Mimi Billing @MimiBilling
12 Feb 25

Bankrupt battery factory Northvolt was supposedly running out of cash two weeks ago. Now the company tells @Siftedeu it has extended its cash runway. https://t.co/T7wwSeKu79