The next unicorns, predicted 🦄

View this email in your browser
Hi Sifted Reader,

Happy Friday! Here's today's line up:
  • Details on Gorillas' next round
  • Investors predict which startups will be Europe’s next unicorns
  • Find out who’s making money from the Depop deal
  • Firstminute Capital now backed by 100 unicorn founders
  • Taavet Hinrikus backs new trading app Lightyear


Gorillas eyes $1bn round with $6bn valuation, including a secondary share sale

Berlin-based Gorillas is planning a $1bn funding round, which would value the company at $6bn. It's also planning a secondary share sale as part of the round, which could allow founder Kağan Sümer to take home millions in cash. 

The news comes against a backdrop of tense relations between management and employees, with a number of workers campaigning for better wages, holiday and sick pay.

Sifted’s Miriam Partington and Freya Pratty have the story.

\A message from our sponsor AWS 

The programme offering free tools and resources to grow your startup 

Amazon’s AWS Activate programme is giving startups the tools and support to grow and scale successfully, including AWS credits. 

Apply here.

\For Members Venture Capital

11 startups investors predict will become unicorns in 2021

Every VC's on the look out for the next unicorn. But out of 140k startups in Europe, only about 25 of them will make it to a $1bn valuation. 

We interviewed some of Europe's leading experts on which companies they think could reach the milestone by the end of the year. 

There was just one rule: the companies couldn't be in their own portfolios. 

See the list here. 

Want to read more in-depth articles like this and attend exclusive member events? Sign up to Sifted Membership to get full access.

\Venture Capital 

European VCs set for big payday after Depop deal

Some of Europe's top VCs are set for a big payday following the acquisition of secondhand fashion app Depop by Etsy. 

Etsy said it'll pay about $1.6bn for Depop, primarily in cash. The deal also means that Depop's founder can expect to take home millions.

See the numbers.

\Venture Capital

100 unicorn founders back VC fund Firstminute Capital

London-based Firstminute Capital has become the first venture fund to be backed by over 100 founders of “unicorn” companies. The firm closed its second fund of $160m, including investment from the founders of Farfetch, Flixbus, and Babylon.

But what are they looking to invest in?

Michael Stothard finds out more. 


Taavet Hinrikus backs new investing platform, pitched as the ‘TransferWise of trading’

Competition in the trading app space is hotting up again. This time it’s from Lightyear, an unexpected newcomer building a pan-European investment app.

The company's founded by two former Transferwise employees, and has brought on their old boss — Taavet Hinrikus — as an angel investor.

Isabel Woodford finds out more.

News that Matters

👨‍⚕️ UK healthtech giant Babylon Health has said it will go public in the US via a merger with a “blank cheque” company led by Groupon’s former CEO, in one of the biggest floats for a European tech company in 2021. 

🛴 Scooters. Europe's best-financed scooter outfit, Tier, has raised $60m in asset-backed financing from Goldman Sachs. It's the company's first debt facility and follows its $250m Series C.

🇩🇪 German software startup Celonis has raised $1bn, giving the company an $11bn valuation. Munich-based Celonis was founded a decade ago and has consistently doubled its revenue year-to-year.

🇪🇺 The European Commission has announced a partnership with Bill Gates' sustainable energy fund. The partnership will aim to back clean tech and sustainable projects totalling $1bn over five years. 

🔥 OraraTech, a German startup that uses satellites to power a global wildfire warning network, has raised a $7m Series A round. The company says it can report any fire bigger than 10 metres across within half an hour.

💓 FineHeart, a French healthtech which specialises in treating heart failure using wireless induction pumps, has raised a €15m Series B round. The funding will help them move to human trials.

🌱 UK-based Clim8 has secured 2.3m from Channel 4 Ventures, a media for equity fund. We spoke to Clim8 back in April about their plans to change the ethical investment world.

🥼 Anorak, an automated life insurance advice platform, has raised 5.8m, in a round led by Outward VC. 

Should startups partner with corporate VC funds?

We've teamed up with Dealroom to bring you an expert panel on the growing role of corporate investment in the venture industry — and what it means for entrepreneurs and startups. Join us on 10 June at 4pm BST.

Register here.

Sifted Suggests

🏳️‍🌈 Diversity. It's no longer about a lack of data: the benefits of investing in diversity and inclusion have been proven, say Erika Brodnock and Johannes Lenhard.  Now, it's time for action. 

💉 Injectable health-monitoring implants. “If you want to think of the world in 2030, I think having chip implants will be a normal thing," says Hannes Sjoblad from Swedish startup DSRuptive, which makes health monitoring implants. Could they be the future?

Sifted Newsletters

Future Proof: the latest on corporate innovation around Europe.
Startup Life: behind the scenes at Europe's startups.
Sustain: our greenest newsletter covering startups and sustainability.
Fintech: for your weekly dose of European fintech stories.
Amy Lewin
Deputy Editor

Get in touch with her at
She loves a bit of reader feedback.
Freya Pratty
News Reporter

Send her your news at
Or find her (occasionally) tweeting @FPratty
What would you like to read about in the next email?
Send us your suggestions
Follow us on social
Copyright © 2021 SIFTED (EU) LTD, All rights reserved.
You are receiving this email because you opted in to our newsletters

Our mailing address is:
Huckletree Shoreditch
18 Finsbury Square
London, EC2A 1AH
United Kingdom

Add us to your address book

Want to tailor what you receive from us?
You can update your preferences to manage your newsletter and report subscriptions, or you can unsubscribe from Sifted if you never want to hear from us again.

Older messages

The fintechs making their staff rich 💰

Wednesday, June 2, 2021

Plus: more than €1bn of fresh investment in European startups View this email in your browser Happy Wednesday Sifted Reader! Boy do we have some excellent resources for you today: A guide to fintech

Klarna strikes back 🥊

Monday, May 31, 2021

Baltic startups to know | How to scale a deeptech | Pricing strategy 101 View this email in your browser Happy Monday Sifted readers! Here's what we'll be serving up to start off your week:

Klarna's in trouble 👀

Friday, May 28, 2021

100+ diversity communities: updated | Ada Health raises $90m View this email in your browser Hi Sifted Reader, Happy Friday! Here's what we've got lined up today: Billion-dollar fintech

Update: 240+ female VC partners 👍

Wednesday, May 26, 2021

Citymapper's doldrums | Biggest Baltic Series A yet | Bolt scores 0 on working conditions View this email in your browser Happy Wednesday! Today's roundup is all about investing: The Spanish

Fintech C-suite salaries 👀

Monday, May 24, 2021

Where Tiger's investing in Europe | Spinout system: Not broken | Facebook's oversight board View this email in your browser Hi Sifted Reader, Today's line up: How much do fintech execs get

Peter Thiel goes big on Europe 💰

Wednesday, June 16, 2021

Isomer raises €100m growth VC fund | Future of work startups to watch | France's biggest Series A ever View this email in your browser Hi Sifted Reader, Today's line up: Wild start to the year

Choosing Your North Star Metric

Wednesday, June 16, 2021

A guest post on Future—a16z's new media site ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

DraftKings takes a hit, the Amazon that customers don't see, and a vibrating bed by Yves Behar

Tuesday, June 15, 2021

The news you need to know July 15, 2021 Reminder, semi-vacation, no columns. More tomorrow.:) Top News The Senate confirmed big tech critic and prominent antitrust scholar Lina Khan as FTC Commissioner

the hustle economy

Tuesday, June 15, 2021

Agtech in numbers. In-store tech. Future of Fintech. VIEW IN BROWSER CBINSIGHTS June 15, 2021 Respect the hustle Hi there, Tons of range in today's newsletter, from the creator economy to agtech to

Growth Bite: Sell single issues of your newsletter to increase revenue

Tuesday, June 15, 2021

Subscribing to your paid newsletter may be too much of a commitment for some readers. But that doesn't mean they're unwilling to pay. Boost revenue by selling your strongest issues individually

🔥 Moonclone, Ariuum, Vuestic UI, Graphite Note

Tuesday, June 15, 2021

Today's Trending Products and startups. sponsored by 204049240-204049273.png?w=600&h=315&fit=crop MOONCLONE Create a MOONCLONE clone contract or a custom contract by answering a few

Today's Digest: Has Anyone Tried Running Facebook Ads For SaaS Before? 🤔

Tuesday, June 15, 2021

Your Indie Hackers community digest for June 15th ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Today's startups in 10 words

Tuesday, June 15, 2021

Do you want to reach 1500+ developers, designers, investors, and entrepreneurs & support 10words? Check out our new sponsorship options. Discover new apps and startups in 10 words or

App idea: casual curated newsletters

Tuesday, June 15, 2021

The Sample reached an important milestone today: (That's a dynamically rendered page; I happened to catch it at the right time.) We also got a couple shout-outs: Fint og morsomt indeed. And on a

- Once in a lifetime opportunity

Tuesday, June 15, 2021

- Hands down this is the biggest opportunity in online marketing that we've seen since the very first Google and Facebook ads. We've seen it take a brand new E-commerce business from $0 in