Sifted - Fake news police 🗽

Sifted is the FT-backed media site telling the untold stories of European tech. Subscribe here.

 Media 

 

Not fake news about fake news

 

Fake news isn't what it used to be. In the run up to the last US election, fake news was rife; in the run up to this year's US election, it's been less prevalent β€” but far harder to spot.

Luckily, there are now a bunch of startups who've made it their mission to call out misinformation, including Yorkshire's Logically and Sweden's Newsvoice. 

Is this the way to win back the public's trust in the media? Tim Smith finds out.

:man-shrugging::skin-tone-3: Sifted Talks: Smart startup spending :man-shrugging::skin-tone-3:

        
 In tricky times, which investments are worth making to keep your company growing, without draining the piggy bank too much?

Join Sifted's fintech correspondent Isabel Woodford and an expert panel from Notion Capital, Oracle Netsuite and Currencycloud to find out.

Grab your (virtual seat) here. Tomorrow, 3pm GMT.

 Consumer 

 

Time for a spot of home decor

 

You will not be surprised to hear that during the first set of lockdowns, a whole lot of people decided to give their homes an upgrade. 

But, with brick-and-mortar retail stores closed across much of Europe, that gave direct-to-consumer paint startups, sofa-in-a-box companies and online interior designers an opportunity to make their mark. 

Kit Gillet meets the startups here to help you decorate your way through the next set of lockdowns.

 Future of work 

 

Get the gig economy a new social contract

 

The big cheeses in Europe have not, exactly, welcomed gig economy companies like Uber and Deliveroo with open arms. There are concerns about workers' rights and who really reaps the benefits from these platforms.

But instead of trying to make this new kind of 'work' fit our old ideas of what we owe the workforce, why doesn't Europe seize the opportunity to develop a new kind of social contract?

That would probably have benefits for society as a whole, argues Nicolas Colin.

 Fintech 

 

Revolut signals shakeup with new executive-hunt 

 

London fintech Revolut is on the hunt for a new chief commercial officer, hoping to ramp up development of its "super-app" and to add another major revenue stream.

A job advert for CCO currently circulating on LinkedIn shows the new hire is expected to generate $100m in annual sales β€” say what?!

The new CCO will also be responsible for selling "platform services" to retailers. Insiders say this means Revolut want to now aggressively onboard merchants to sell goods and services to Revolut's 12 million customers within a full-stack app.
 

Isabel Woodford has the story

🏁 Six profit-building tips πŸ
 

Could you boost your profits by using smart data sets? Can you expand globally to ramp up your revenues? Or are there ways you can refine compliance activities to reduce losses?

That (and more) here. [Sponsored post]

News that matters

 

πŸ‘Ž Just 21% of B2B 'unicorn' startups in the US and Europe have a single female leader. That means 79% have no women in founder, 'chief of' or VP roles. Those companies that do have women in leadership positions also tend to have more women in their teams overall β€” and keep ahold of them for longer. Freya Pratty looks at the data.

πŸ‘ŽπŸ‘Ž And the gloomy data continues... In the Netherlands, female-founded teams still receive less than 1% of all venture capital

🚌 Is it a bird? Is it a plane? No, it's a SuperBattery! Estonian startup Skeleton Technologies has raised €41m to develop the kind of batteries which can power electric buses β€” and help e-vehicles charge up faster and become cheaper to run. Maija Palmer has more.

🌊 New policies to help startups in Europe flooding in. Germany is finally making it easier for startups to give employees stock options, while there are also plans afoot to encourage EU member states to implement other startup-friendly policies. Michael Stothard reports.

🍻 Booze on demand, in demand. Flaschenpost, the German beverage delivery service, has been sold to food giant The Oetker Group for €1bn. Apparently, it made €27m in sales in October alone; bring on the Christmas season. 

🍌 Dark stores galore. Food delivery company Foodora is jumping on the 'dark store' bandwagon; it's opened its first grocery store in Stockholm. Fellow food delivery players Glovo and Wolt are also experimenting with running their own online convenience stores.


πŸ€– New money for AI startups. Air Street, an early-stage VC firm focused on AI startups, has closed a $17m fund. Specialist investors are a sign of a maturing ecosystem, some might say. 

πŸ‘¬ Double trouble. Marshmallow, a car insurance startup which happens to be run by twin brothers, has raised $30m. It provides car insurance to the people others turn down β€” like expats, those with a fragmented address or credit history, and the less affluent. 

πŸ›΄ Scoot on. The Irish government is considering legalising e-scooters next year.

πŸ“Έ Who are Europe's top tech Instagrammers? πŸ“Έ


Sifted is curating a list on the top Instagram influencers in European tech and startups land, and we want to find out who's on your radar.

 

Whether they're posting frequent stories on the latest fintech innovations, using their large platform to advocate for diversity in tech or they're simply sharing all the good stuff, we're all ears!

 

Email Connor, he's keen to find out.

Sifted Suggests 


⚽ When tech lets you down. A football match was, apparently, ruined when an AI-controlled camera mistook the ref’s bald head for the ball.

πŸ₯‚ Sifted's biggest fan? πŸ₯‚


Hey, you read all the way to the end β€” you must be a fan! Please take this 5-minute survey to help us get better at what we do and decide what to focus on next. 

Start here.

Amy Lewin
Deputy Editor


Get in touch with her at amy@sifted.eu.
She loves a bit of reader feedback.
Follow the whole Sifted team for news and views: 
@MStothard@amyrlewin@maijapalmer@i_woodford, @Marie_a_Paris@KitGillet@timmpsmith, @connorbilboe@MimiBilling@kittygknowles@johnthornhillft
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Older messages

UK bags a new unicorn 👀

Monday, November 2, 2020

Can Europe lead entrepreneurship? | Ring ring, you have Covid | Sweden's top 40 in tech Sifted is the FT-backed media site telling the untold stories of European tech. Subscribe here. Food Gousto

Food waste apps: Part of the problem 👎

Friday, October 30, 2020

HV raises €535m fund | European VC funding Q3 | Food waste app fight Sifted is the FT-backed media site telling the untold stories of European tech. Subscribe here. Deeptech The space balloon race

French tech goes on the offensive 🇫🇷

Wednesday, October 28, 2020

Sidekick Health raises $20m | The ring that detects Covid | Vinted acquires United Wardrobe Sifted is the FT-backed media site telling the untold stories of European tech. Subscribe here. Deeptech

Not so golden Glovo 🙅‍♀️

Monday, October 26, 2020

Gig economy fights | Neurotechnology startups | Top fintech angel investors Sifted is the FT-backed media site telling the untold stories of European tech. Subscribe here. Gig economy Glovo gets a dose

Huuuge interview 👾

Friday, October 23, 2020

Late-stage funding advice | Homes for digital nomads | E-bikes boom Sifted is the FT-backed media site telling the untold stories of European tech. Subscribe here. Property European startups battling

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