It is remarkable that the west is committing to spending 5% of GDP on defence, and almost no one has made the case that the most pressing threat to our security this century is climate change and we should be spending more on tackling that.
27.06.2025 08:36 โ ๐ 1347 ๐ 415 ๐ฌ 82 ๐ 48
Climeworks eyes expansion despite planned layoffs
Climeworks is plotting an international expansion despite a recent round of layoffs and uncertainty over funding from the US government.
Carbon removal company Climeworks is plotting an international expansion despite a recent round of layoffs and uncertainty over funding from the US government.
The company tells me that Canada, Saudi Arabia, Norway and the UK fit its criteria.
More here ๐
sifted.eu/articles/cli...
20.05.2025 08:54 โ ๐ 4 ๐ 2 ๐ฌ 0 ๐ 0
That's one of my newfound journalism friends @freyapratty.bsky.social, interviewing the President of #Iceland, Halla Tรณmasdรณttir. She's kind of a big deal. #IIW25 ๐ฎ๐ธ
15.05.2025 11:28 โ ๐ 5 ๐ 1 ๐ฌ 0 ๐ 0
Target Global restructures senior team and ramps up sale of secondaries
Target Global has seen two of its five partners depart in the last six months.
28.04.2025 10:30 โ ๐ 2 ๐ 1 ๐ฌ 0 ๐ 0
Researchers from AI startup Ziroh Labs and leading engineering school, IIT Madras, design new system that runs large AI models without high-end chips (like GPUs from Nvidia)
New framework helps run LLMs from the likes of Meta, Alibaba on every day laptop/desktop processors
tinyurl.com/4hmsbxvn
#AI
10.04.2025 06:13 โ ๐ 25 ๐ 5 ๐ฌ 2 ๐ 2
Northvolt lays off half of staff as bankrupt battery-maker seeks buyer
Embattled Swedish battery-maker Northvolt has laid off more than half of its staff, weeks after filing for bankruptcy. โก๏ธ
#Northvolt
01.04.2025 10:23 โ ๐ 2 ๐ 3 ๐ฌ 0 ๐ 0
Lawsuit puts Checkout.com's ties to adult entertainment industry in spotlight
An ongoing lawsuit threatens to dredge up Checkout.com's relationship to โviceโ industries, by linking it to a mysterious Cypriot entity.
NEW: An ongoing lawsuit threatens to dredge up Checkout.com's relationship to 'vice' industries.
The lawsuit links the fintech to a mysterious Cypriot entity historically listed on a mail-order bride website and once a client of Paxum bank.
W/ @tommatsuda.bsky.social
sifted.eu/articles/law...
07.03.2025 09:11 โ ๐ 5 ๐ 1 ๐ฌ 0 ๐ 0
VC firm faces questions over ยฃ110m of UK public money acquired without competitive process
London-based VC firm Future Planet Capital (FPC) was awarded over ยฃ100m in public funds without any competitive bidding process.
NEW: Since 2021, London-based VC firm Future Planet Capital has secured more than ยฃ100m in public funds without any competitive bidding process.
Sources tell Sifted that government officials have raised questions over its suitability for the project.
sifted.eu/articles/fut...
03.03.2025 11:21 โ ๐ 5 ๐ 3 ๐ฌ 0 ๐ 0
I wrote about my brother Charlieโs final 48 hours, and his increasingly desperate attempts to track down an emergency supply of medication from the NHS. Itโs an upsetting read but one Iโm proud of. Heโd be delighted to have made the @financialtimes.com magazine front cover: on.ft.com/434zZqn
23.02.2025 09:10 โ ๐ 148 ๐ 56 ๐ฌ 14 ๐ 11
Ex-Mistral employee seeks $80m for stealth AI startup
A former Mistral employee is seeking $80m for his new company, Genesis Robotics, which is developing an AI-powered simulation platform.
Scoop: An ex-Mistral employee is raising $80m for his new company, sources tell Sifted.
"Genesis Robotics is the big round happening in Paris at the moment,โ says one investor.
sifted.eu/articles/ex-...
17.02.2025 09:32 โ ๐ 5 ๐ 0 ๐ฌ 0 ๐ 0
Northvolt extends runway but says it needs more capital to survive
When Northvolt filed for bankruptcy, it had enough capital to last them to the end of January. The company now says its cash runway has been extended.
๐ When Northvolt filed for bankruptcy in November, it said it would run out of cash in January.
It says it's now extended its runway (but won't say by how much) and it's still in need of long term funding.
sifted.eu/articles/nor...
12.02.2025 14:31 โ ๐ 2 ๐ 0 ๐ฌ 0 ๐ 0
Octopus Energyโs tech arm can be bigger than UiPath, says CEO
Kraken, Octopus Energy's tech arm, grew significantly across 2024, while the group as a whole saw a dip in profits.
Someone recently described Octopus Energy to me as an opportunity for equity investors to get in on "an expensive utility company or a cheap tech company."
The tech company, Kraken, is growing fast and looks set to one day spin out entirely from Octopus.
sifted.eu/articles/oct...
06.02.2025 12:00 โ ๐ 2 ๐ 0 ๐ฌ 0 ๐ 0
UK VCs want to mop up Chinese capital leaving the US. Should they?
'It's an open game for us, if the money's not going to the US,' says one VC.
#US #VentureCapital #News
16.01.2025 13:02 โ ๐ 5 ๐ 4 ๐ฌ 0 ๐ 0
Biden Administration Adds 37 Chinese Companies to Forced Labor List
The administration announced it would penalize its largest-ever batch of companies linked to Xinjiang, including major suppliers of critical minerals and textiles.
The Biden administration said on Tuesday that it would block imports from more than three dozen Chinese companies, citing their alleged ties to forced labor in the Xinjiang region of China.
14.01.2025 14:52 โ ๐ 145 ๐ 21 ๐ฌ 11 ๐ 4
Thanks to the FT Magazine for running these two climate cover stories - one on wildfires (July 2023), one on a possible collapse of Atlantic currents (January 2025). And thanks to everyone who read each piece, showing there is an audience for climate features www.ft.com/content/7711...
13.01.2025 17:09 โ ๐ 506 ๐ 113 ๐ฌ 18 ๐ 6
'We're fully financed' says Northvolt's sister company Stegra
Northvoltโs collapse leaves Stegra as Europeโs largest and best funded climate tech company, with โฌ6.5bn raised to date.
Northvolt's bankruptcy leaves its sister project Stegra (formerly H2 Green Steel) as Europe's flagship green infra project.
I chatted to Stegra about whether Northvolt's fate has scared off the banks, Stegra's expansion plans and its hopes to mop up Northvolt talent:
sifted.eu/articles/ste...
09.01.2025 11:29 โ ๐ 4 ๐ 1 ๐ฌ 1 ๐ 0
๐Happy to share I'm joining Sifted as news editor from next week!
Backed by the Financial Times, Sifted has fast established itself as a must-read for founders and investors across Europe. I'm looking forward to getting stuck in!
If you want to get in touch, ping me on martin@sifted.eu
02.01.2025 14:30 โ ๐ 27 ๐ 1 ๐ฌ 1 ๐ 0
Checkout.com saw losses balloon 73% to $306m in 2023
Checkout.com, one of Europeโs most valuable startups, saw losses at its UK entities balloon 73% to $306m in 2023, its financial filings show.
New: Checkout.com saw losses balloon 73% to $306m at its UK entities in 2023, filings show.
Revenues from processing payments dropped after severing ties with โa large merchantโ, thought to be crypto exchange Binance.
sifted.eu/articles/che...
02.01.2025 14:33 โ ๐ 8 ๐ 3 ๐ฌ 0 ๐ 0
Flying taxi startup Lilium bought out of insolvency
German flying taxi startup Lilium, which filed for insolvency in November, has found an investor to buy its subsidiaries.
โ๏ธ Insolvent flying taxi startup Lilium says it has found a buyer. If it goes through, the 1,000 staff laid off on Friday will be brought back.
sifted.eu/articles/lil...
24.12.2024 10:49 โ ๐ 4 ๐ 0 ๐ฌ 0 ๐ 0
What led to the fall of the house of El Husseiny
[FREE TO READ] A prominent family made a fortune working for autocrats. Who was really to blame when it fell apart?
FT Investigation: A Scottish-Lebanese dynasty. A sheikh scorned. A German arms deal. A ยฃ50mn penthouse. The former King of Spain. One of Londonโs hottest tech investors.
Intrigued? Hope you enjoy
What led to the fall of the house of El Husseiny
on.ft.com/402y3wZ
13.12.2024 18:16 โ ๐ 10 ๐ 4 ๐ฌ 1 ๐ 0
Games Editor for Bleeding Cool (@bleedingcool.com). Chaotic neutral gamer, geek, journalist, writer, and diplomat. My stories and thoughts here are my own. Wackiness ensues!
Where journalists and their audiences meet. No middleman.
We are live! Sign up with the link: www.noosphere.app
CCO at the Centre for Future Generations. Previously Clean Air Task Force and Edelman BXL. Hertie School alum.
Sir Harry Evans Investigative Journalism Summit
Hosted by Tina Brown, Reuters and Durham University
Livestream 7 May 2025 | London
sirharrysummit.org
Journalist - migration (all kinds, except bird and data)
@bbcworldservice, @statewatch.bsky.social, occasionally @InfoMigrants and others. He/him.
Asia AI Reporter for Bloomberg @business @technology @BW
Tips - SRai33@bloomberg.net
FT investigations; book worm; spurs fan
Editorial Assistant at Sifted
Senior reporter at the Financial Times' Sifted | UK tech and healthtech | kai@sifted.eu | he/him
Reporter at The Bureau of Investigative Journalism (TBIJ) focusing on transnational corruption. Also very partial to some local/family history.
Investigative Journalist at @FollowtheMoney.bsky.social. Covering EU affairs, with a focus on anti-fraud, corruption and industrial policy. DM or email on simon.van.dorpe@ftm.eu
climate scientist
posts 100% my own
๐จ๐ฆ is my home
distinguished professor & chair, Texas Tech
chief scientist, The Nature Conservancy
board member, Smithsonian NMNH
alum, UToronto and UIUC
author, Saving Us
English Prof. Oil (Bloomsbury, Object Lessons series), Oil! (Penguin), The Physics of Possibility (U of Virginia)
https://www.bloomsbury.com/us/oil-9781501386626/
Author of two books on aviation and net zero. Climate tech advocate, UK / US - authory.com/dirktherabbit
A markets and finance blog that's outside the FT paywall. All we ask is that you register to read: https://on.ft.com/3tDRiiu
Drugs and organised crime journalist. Orwell Prize winner. Author, Narcomania. Former Global Drugs Editor, Vice. Subscribe to my new substack for free: maxdaly.substack.com
I write the daily newsletter for Euractiv, based in Brussels. 2018-2025 Politico Europe. From London.
Financial Times Investigations Team. Former FT Energy Editor, but still dabbles in what makes the world go round. Ex-Reuters.
Freelance energy journalist and science writer โข Master's in Climate Science and Policy from @scrippsocean.bsky.social
Pitch me energy stories at phoebe.skok@pv-magazine.com and others at phoebe.skok@gmail.com
