Mimi Billing
@MimiBilling
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Europe editor at @siftedeu backed by @FT. Reach me on LinkedIn or [email protected]
Stockholm
Joined February 2011
Following a work accident at Northvolt in 2023, when a 25-year-old died, up to eight people are questioned by the police, including the former CEO.
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RT @amyrlewin: Stop badmouthing European startups for moving to the US, writes @misssaxbys for @Siftedeu today, following the news that Swe….
sifted.eu
Swedish electric plane maker Heart Aerospace plans to fully move to the US, prompting the usual groans. But we need to stop confusing political for business concerns.
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RT @siliconvikings: The #sthlmtech two-day @Techarenan conference put Sweden in a place where tech and politics took center stage and every….
sifted.eu
The 'very Swedish affair', as one attendee describe it, played host to lawmakers and big corporations like Amazon and Microsoft.
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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
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Bankrupt battery factory Northvolt was supposedly running out of cash two weeks ago. Now the company tells @Siftedeu it has extended its cash runway.
sifted.eu
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.
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Should MRI scans be used in preventative care? Well, Swedish startup @corsmed is definitely making a good case for it by reducing the time of a scan to 2-3 minutes. The startup has just raised $3.5m to commercialise its tech. Read more here: #nordicmade
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New: Swedish flying boat startup Candela raises $14m extension #nordicmade
sifted.eu
Swedish hydrofoil ferry Candela has raised a $14m extension to its Series C led by Swedish bank SEB’s Private Equity section.
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New: Oura raises $75m and introduces glucose level management with Dexcom - looking forward to interview cofounder @plahtela on founder stage at #slush2024 tomorrow 👀 Article by @NicolSchwarzK
sifted.eu
The Finnish healthtech has increasingly looked to branch out beyond sleep tracking in recent years
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Legal feeding frenzy mounts as US law firms clammer to sue Lilium, following the air taxi filed for insolvency. Report by @Siftedeu's @mparts_ and @FPratty .
sifted.eu
The startup failed to win state support and filed for insolvency — it could also face legal action for allegedly misleading shareholders.
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Finnish VC @MakiVentures has closed its third fund of €100m. Backed by institutional VCs as well as founders of Wise, RELEX Solutions, Aiven and Supercell, it will focus on deeptech and "brand-driven" startups in the Nordics #helyes #nordicmade
sifted.eu
Finnish VC firm Maki has raised its third fund of €100m, to invest in deeptech and brand-driven startups across the Nordics.
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"The sound of the seven jet engines would be deafening if I wasn’t wearing ear protectors. As they warm my legs, I’m lifted into the air and hang there for a few seconds with my lower half dangling limply like an insect in flight." .👌 by @NicolSchwarzK
sifted.eu
UK-based Gravity has contracts with armed forces worth “tens of millions” on the table and plans to create a new sport with its tech.
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NEW: Swedish impact investor @NorrskenVC has invested in Ali Parsa’s new venture Quadrivia. The VC is not the only Swedish VC to bet on Parsa - VNV Global and Kinnevik previously invested in Babylon Health. Report by @NicolSchwarzK
sifted.eu
Jersey- and UK-based Quadrivia has the ambition of becoming an “AI agent for healthcare” and is currently operating in stealth.
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NEW: Swedish obesity startup Yazen has raised a €19.5m Series A – the largest round for an 'Ozempic startup' in Europe to date. #nordicmade #HealthTech #digitalcare.
sifted.eu
Swedish startup Yazen has secured a €19.5m Series A. Riding the wave of GLP-1 drugs, like Ozempic and Wegovy, it is set to take on Europe.
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Why did @KRYcare change its capital structure, resulting in a 78% dilution of its common shares? . I sat down with the digital care unicorn's CEO and cofounder @jschildt to find out why the structure was the company's “biggest problem.” .#nordicmade.
sifted.eu
Healthtech unicorn Kry got rid of all its convertible notes: “Our complex capital structure was objectively a hurdle for us.”
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New: Swedish knowledge assistant Sana has raised another $55m – this time to a $500m valuation #nordicmade #GenAI .
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Startup founders show their support for air taxi startup @Lilium signing a petition to get the federal government in Germany to support the company with a life-saving loan. By @Siftedeu's German correspondent @mparts_
sifted.eu
The company — whose early backers include Atomico and Early Bird Venture Capital — faces insolvency if it doesn’t soon raise more capital.
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NEW: Harry Stebbings' 20VC has raised a new $400m fund – by @Siftedeu's @AnneSraders .
sifted.eu
Stebbings is backed up by a 13-person media team, three fellow investors and dozens of scaleup operators scouting companies
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RT @amyrlewin: News I never wanted to be sharing 💔 . Legendary tech journalist Steve O'Hear has died. Steve was a friend and mentor to many….
sifted.eu
Former TechCrunch reporter Steve O’Hear has died after a short illness, his team announced today.
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