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Hi Sifted reader,

Think the digital nomad lifestyle is only for the child-free? Think again. A growing number of nomadic tech workers are travelling with their their family in tow, on packaged "workation" experiences. 

Also from the Sifted newsroom:

• Should Babylon delist or stay trading?

• The startups providing mental health platforms for employees

• Why do workers leave startups?

— Kai, reporter & Tom, digital editor

California-based entrepreneur Nick Taranto spent a month living the digital nomad lifestyle in an idyllic hilltop town just outside of Lisbon — and he took his three young children along for the ride. 

How? The family "workation", organised by a startup called Boundless Life: featuring temporary education for the kids, yoga (obviously), hiking, wine tasting and beach trips.

So would you take your family on one?

On August 31, we’ll explore how startups can continue to grow while protecting their business during this economic downturn. Our panellists will discuss how to stay laser-focused while amid a challenging and ever-changing environment.

Hear from the experts.

As we enter a downturn, the share price of many listed tech companies has plummeted. 

Among them is telehealth giant Babylon — which has seen its stocks drop 90% since listing last autumn. One way out of trouble could be to delist. So should it?

Here are the pros and cons.

With 87% of workers' mental health suffering as a result of their job, a number of businesses are turning to startups offering mental health support as a perk.

From one-to-one therapy sessions to self-care content, Sifted has put together a list of what's on the market.

Startup leaders looking to support staff, here are your options.

It's happening increasingly often and mostly because of compensation, culture and career progression, according to a new report that surveyed 200 UK startup and scaleup workers who've moved roles recently.

So what do people want from work?

The Sifted Summit is in sight — with big names and an even bigger agenda. We’re taking our quality journalism off the page and onto the stage. Hear from the likes of Tom Blomfield, Timothy Armoo, Michelle You and 100+ more.

Secure your seat here. 

🇵🇱 Poland’s Inovo VC raises €100m third fund to back CEE startups. The VC plans to write cheques from pre-seed to Series B between €500k and €4m. It's the first VC in the country to raise its third fund — a notoriously difficult feat — in a sign that the region's startup ecosystem is maturing. Zosia Wanat has more.

🌐 Ready Player Me raises $56m Series B. The Estonia-based software company wants to build avatars for the metaverse which can be used across every platform. The round, which comes only months after its $13m Series A, was led by US VC a16z — who have bet big on Web3 and metaverse startups recently. The startup has a vision of an open metaverse not controlled by big companies — read our column on why that's so important.

🏦 What fintech leaders can learn from Turkey's no.1 neobank. Papara is pretty well versed at navigating tricky market conditions, shifting political landscapes and deteriorating economic conditions — and up to this point it's done it all without external funding. From building tech in-house to investing in product, here's what it takes to overcome the odds.

📲 What's all the fuss about BeReal? Back in 2021, the Paris-based startup raised $30m from American VC heavyweight Andreessen Horowitz, and has now been downloaded more than 28m times. But is it actually any good? Georgina Ustik takes a dive into the newest Gen Z favourite.

📉 These fintechs are helping Europe’s CFOs navigate the downturn. As the downturn takes hold, record funding is being poured into fintechs that promise to make life easier for CFOs trying to steady the ship. Here are the players in Europe you should know.

🏭 Six carbon capture startups and scaleups to watch. From a startup using direct air capture to one using rocket technology, these are the green energy companies you need to know about. (In partnership with The New Energy Challenge.)

Kai Nicol-Schwarz

Reporter

Get in touch with him at kai@sifted.eu 
Or @NicolSchwarzK

Tom Nugent

Digital Editor 

Get in touch with him at tom@sifted.eu
Or tweeting at @TJNugent92

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