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Startup Europe — The Sifted Podcast chevron_right

More layoffs at European scaleups as the tech slowdown bites

Nov 30, 2023
This week's podcast discusses layoffs at Micromobility giant Tier and edtech Multiverse, Cradle's $24m Series A funding for AI biotech, the top takeaways from Atomico's State of European Tech report, and the lack of investment announcements from the European Investment Fund's fund of funds.
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1
Introduction
00:00 • 2min
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2
Reasons behind recent layoffs at Multiverse and Tier
02:06 • 2min
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3
Challenges and Potential Solutions for Micro-Mobility Companies in Winter
03:56 • 2min
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4
Cradle Raises $24 Million Series A Investment for AI Biotech
05:27 • 10min
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5
Cloud-based System for Designing and Calibrating Components in Complex Cars
15:01 • 5min
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6
European Investment Fund's Funding Situation
20:13 • 6min
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This week we discuss:

01:05 Micromobility giant Tier lays off 22% of its workforce in push for profitability, Unicorn edtech Multiverse to lay off nearly a third of US employees
05:34 GenAI biotech Cradle raises $24m Series A led by Index Ventures
08:55 The top takeaways from Atomico’s State of European Tech report
20:13 Why hasn't EIF announced a single investment from its €3.75bn fund of funds yet?

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