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VCs: time to set up scout programmes

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News that matters

🦄 Jeff Bezos' 'guy in Europe', Pascal Cagni, is raising a new €80m fund. He has a knack for spotting unicorns — 30 of his firm's investments have hit unicorn status so far. Marie Mawad gets some unicorn-catching tips.

💃 StartHer and Sista merge to strengthen diversity in tech. The two French support associations for female entrepreneurs will now operate under the Sista brand, in its mission to “bring out a generation of diverse leaders.”

🥤 Putting the bubbles in Coca-Cola. Swiss carbon capture startup Climeworks, which catches CO2 from the air and stores it underground (or delivers to clients like Coke), has raised $76m. 

🚄 Spanish startup Zeleros leads hyperloop development with a $7m raise. Paris to Berlin in less than an hour. That’s what hyperloop, considered the ‘fifth mode of transport’ where vehicles levitate through a network of low pressure tubes, could do.

💰 Jeff Bezos invests in London-based startup Beacon. The Amazon chief, drawing recent attention for his colossal fortune worth £116bn, is due to invest in the freight forwarding and supply chain finance firm in a $15m Series A round.

🤖 Deliveroo’s secret robot lab falls through. The food delivery company’s automation plans had included robots that fry food in an attempt to slash costs — but this particular moonshot has been shelved.

🦁 The Family is downsizing. The larger-than-life Paris-based investment firm and startup community has halved its core team and closed its London and Berlin offices, as Covid-19 hit its revenues hard. 

If you're a fan of our 'News that matters' and 'Sifted Suggests' sections, check out our newsfeed here, where we collect all of these gems — and more.

Sifted Suggests 

🎓 Universities, estate agents and recruiters set for a serious shakeup in the post-lockdown world. Amy Lewin pulls out the highlights from a new Dealroom report looking at the marketplaces set to thrive. (See chart above.)

🤰 Beyond the uterus: the next wave of femtech. Thoughts from VC firm Creandum.