Hello Sifted reader,

We're bringing you a snappy hit of Sifted this morning so you can get smart before you (hopefully) get your feet up for the May 1 holiday.

Including...

A MESSAGE FROM OUR SPONSOR AMPLY

Rocket boost your career with Bolt

Mobility company Bolt is hiring for roles in Berlin — from engineering managers to data scientists.

Check out the roles

🧠 AI models are improving in leaps and bounds, but they've struggled with one human ability: memory. Until now, that is. A team of Russian researchers have discovered a way to improve an AI's power of remembering by more than 60x. Tim Smith hears how they did it, and the advances it could unlock.

🇨🇭 "This is a slow but dangerous erosion of Switzerland’s attractiveness" — a breakdown in talks has seen the country being largely shut out from Horizon and EIC funding for the past two years, and it's leading to an exodus of startup talent.

🕹️ UK tech sector unfazed by regulator blocking Microsoft’s takeover of Activision. Microsoft says it's "bad for Britain", but UK founders and investors beg to differ.

🎙️ Startup Europe — The Sifted Podcast drops you into the middle of Lake Balaton this week as Freya Pratty goes on a microbe-hunting mission with the startup mapping a database of all life.

🎙️ How to operate in a downturn

Tune in to the first episode of our Downturn Survival Guide podcast, where we're kicking things off by asking EQT Ventures' Alastair Mitchell and Flow Engineering's Pari Singh what we can learn from the dotcom and 2007-8 financial crashes.

Tune in

💸 How to spend your Series B funding.

🤔 10 types of startup funding — explained. From VC and accelerators to crowdfunding and grants, here's how you can drum up funds for your startup.

😇 Angel investing 101 — who are they, what do they look for and how do you find the right one for your business?

🔎 Due diligence in VC — how it works, how long it takes and what can trip up a startup.

✅ ChatGPT has been unbanned in Italy (Semafor)

Sifted Summit | October 4-5

Join us this October 4-5 in London to see Sifted come off the page and onto the stage. We’ve got a full conference agenda, with four stages, roundtables, workshops, meet-ups, an expo, street food, networking and of course the after party. What more could you ask for?

Super early bird tickets now available.

Sifted Talks | May 10 | Can you guarantee smooth payments across the globe?

When growing your business, the global payroll market can be a tricky place to navigate. Are you prepared to confidently pay anyone, anywhere, anytime? Join us on May 10 for free to find out.

Register to attend.

💰 Series A+

Energy Dome, an Italian electricity storage startup, has raised a €40m Series B from investors including Barclays.

💰 Pre-seed & seed

Biow, a Spanish startup looking to improve sleep quality with its air purifying tech, has raised €5m.
Verteego, a Paris-based startup helping businesses measure sustainability, has raised €2.5m.

💰 Undisclosed

Fetch.AI, a UK startup providing Web3 infrastructure for financial professionals, has raised $10m.
Tembo Money, a London-based financing startup for people looking to buy their first home, has raised £5m.
Keybotic, a Spanish startup building robotic dogs for industrial inspections, has raised €3m.