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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4 days ago |
sifted.eu | Mimi Billing |Freya Pratty
A subdivision of the EU’s European Institute of Innovation and Technology (EIT) has suspended payments to business partners, following an investigation into its management of funds. Since launching in 2019, EIT Manufacturing (EITM) has been tasked with enhancing European competitiveness by innovating and upscaling manufacturing capacity in the region, supporting dozens of homegrown businesses through investment and various development schemes.
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1 week ago |
sifted.eu | Mimi Billing
London-based femtech Hormona has raised a $6.7m seed round led by Finnish deeptech VC Voima Ventures and UK-based SuperNode Global VC. DLF Ventures, as well as previous investors Nascent Invest and Techstars, also participated in the round. Founded in 2020 by Karolina Löfqvist and Jasmine Tagesson, the startup offers at-home testing to help women monitor their hormone levels, track symptoms and forecast their cycles.
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2 weeks ago |
sifted.eu | Mimi Billing
Bankrupt battery factory Northvolt is about to lose its biggest and last remaining customer, according to reports. The Swedish startup has continued production in Skellefteå as it has tried to find a buyer, maintaining operations almost entirely thanks to its last remaining customer, truck manufacturer Scania.
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2 weeks ago |
sifted.eu | Mimi Billing
To an average European business person, Stockholm may not seem like much in comparison to major cities like Paris and London, but when it comes to AI startups, it’s punching above its weight. In just the last 12 hours, two Swedish AI startups — legal tech company Legora and tax assistant Filed — have announced an $80m Series B and a $17.2m pre-seed and seed fundraise, respectively.
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2 weeks ago |
sifted.eu | Mimi Billing
Swedish AI legal assistant startup Legora has raised an $80m Series B at a $675m valuation. The round was led by Iconiq and General Catalyst alongside existing investors Redpoint Ventures, Benchmark, and YCombinator. Demand for AI solutions in the legal profession is on the rise, with business intelligence firm Marketsandmarkets predicting the sector’s global market value will more than triple from around $3bn in 2025 to almost $11bn in 2030.
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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