Peter Thiel goes big on Europe 💰

View this email in your browser
Hi Sifted Reader,

Today's line up:
  • Wild start to the year for fintech funding
  • Billionaire Peter Thiel bets on Europe
  • The most exciting future of work startups to watch
  • European LP Isomer raises a €100m opportunities fund


Fintech funding is insane this year 

Fintech funding for European startups has ALREADY surpassed the entire sum hauled in during record years in 2019 and 2020. And we’re only in June.

Europe’s fintech firms raised €8.4bn in total last year, according to Dealroom numbers.

But with Klarna’s latest raise (a trifling $639m), a £350m round for SME bank Tide and a host of smaller raises (including London’s TreasurySpring and Poland’s Ramp), the year-to-date total for 2021 has already reached €10.4bn.

What's up with these wild markets?

\New report with Scale-Up Europe

Accelerating the rise of European technology champions

The Scale-Up Europe report brings together over 200 leading tech founders, investors, researchers, business leaders and institutions who set out how to take Europe’s tech ecosystem to the next level.

Download it here.


Peter Thiel is pouring cash into Europe

For years Peter Thiel, who cofounded PayPal and analytics firm Palantir, was a sceptic about Europe.

In 2018 the billionaire said there were “no successful tech companies in Europe”. Previously he had called the region a “slacker with low expectations”.

But like many other US investors, he’s finally caught the European tech bug.

This week his firm Mithral Capital led a $30m round into fintech Generation Home. He also became an investor and strategic partner in Oslo-based VC firm SNÖ Ventures.

Sifted members also have access to our analysis of his European portfolio.

\For Members Future of Work 

The most exciting future of work startups to watch, according to VCs

The phrase ‘future of work’ has been bandied about a lot in the last year. When it comes to startups though, it means those making tools that make work life more simple and enjoyable — from mental health services to automated hiring and recruitment processes. 

To find the most promising of these future of work companies, we asked four VCs that are actively investing in this area to select some of their favourites — and explain why.

Here they are. 

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


Isomer raises $100m opportunities fund

Isomer Capital, the fund-of-funds which has backed VC firms like Hoxton Ventures, Seedcamp, Kindred and Hardware Club, is now stepping further into the VC side of the market. 

It’s raised a €100m ‘opportunities’ fund to invest in growth-stage startups from its VC funds’ portfolios, alongside those VCs. 

Amy Lewin explains why that's interesting here. 

\In partnership with Banking Circle

5 payment trends that will dominate post-pandemic

Buy Now Pay Later (BNPL) schemes, embedded finance and incumbent-backed payment ventures have all seen a surge over the past year — but what payment innovations will continue to be hot?

We asked three payment experts what trends we should be keeping our eyes on.

What are the five trends?

News that Matters

🏥 Biotech Mnemo Therapeutics raises a €75m Series A. It’s France’s largest-ever Series A, as round sizes continue to increase across the continent. The company is developing cell therapies that improve the body’s ability to fight diseases. Freya Pratty reports.
🇪🇺 170+ European tech leaders have published 21 recommendations to take the region’s tech to the next level across four key areas: deeptech, startup-corporate collaboration, talent and investment. The initiative is led by French President Emmanuel Macron, who’s eager to position himself as European tech’s greatest policymaking champion. Read the Scale-Up Europe report here.

🎥  Netflix is filming a show about Spotify for release in 2022. Swedish actor Edvin Endre is slated to portray founder Daniel Ek. Variety has more here.

Sifted Suggests

🇪🇸 Are we counting our Spanish unicorns wrong? Most people say the country has two (Cabify and Glovo), but this consulting firm says we should add three more. 

🖥️ Catch Amazon’s CTO Werner Vogels speaking about democratising machine learning at CogX at 5pm BST on Wednesday. The London-based AI festival is giving virtual passes away for free. 

💳 The Generalist has a great deep dive on the world’s most valuable fintech Stripe. What sets founders Patrick and John Collison apart, the piece argues, is the fact that they’re thinking at a 'civilisation level'.

\We're hiring!

Sifted's looking for reporters

We're growing our team to bring you more in-depth coverage of the sectors you're most interested in. So we're on the hunt for part-time reporters who know their stuff when it comes to startups — and the following areas in particular:
  • Consumer
  • Deeptech
  • European tech policy
  • Foodtech
  • Mobility
  • Software-as-a-service
  • Sustainability
  • Venture capital

Sifted Resources

Top Series A investors in Europe
European tech startups and scaleups to watch in 2021
French tech startups and scaleups to watch in 2021
Michael Stothard

Get in touch with him at
Or find him tweeting @MStothard
Isabella Pojuner
Editorial Intern

Get in touch with her at
She tweets climate and crypto @ipojuner
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

C-suite churn chaos 😳

Monday, June 14, 2021

Klarna hits $45.6bn valuation | Cazoo competitor raises $48m | Inside Greece's growing startup ecosystem View this email in your browser Hi Sifted Reader, Hope you wore plenty of suncream this

Trouble at Gorillas 🦍

Friday, June 11, 2021

Finland's hottest startups | The alternative meat market, mapped View this email in your browser Hi Sifted Reader, Here's what you can get your teeth into this Friday: Rise of the Gen Z

Feel the power of my quantum qubit!! 💪

Wednesday, June 9, 2021

Portugal's top startups to watch | 1000 qubit quantum computer | 31 fintech unicorns View this email in your browser Hi Sifted Reader, Good news! We have a cracking newsletter for you this morning,

Europe's next IPOs: who's getting rich? 💸

Monday, June 7, 2021

Sifted Talks: Open banking | Stock options 101 View this email in your browser Hi Sifted Reader, Today's line up: Is the 'fintech vs big bank' culture war over? Europe's next IPOs:

The next unicorns, predicted 🦄

Friday, June 4, 2021

Taavet Hinrikus funds new trading app | 100 unicorn founders backing new VC fund View this email in your browser Hi Sifted Reader, Happy Friday! Here's today's line up: Details on Gorillas'

dr. FAMGA in the house

Saturday, July 24, 2021

Top blockchain investors. AI drug discovery. Store of the future. VIEW IN BROWSER CBINSIGHTS July 24, 2021 Hi there, After a record-setting AI funding quarter, our analysts are answering the questions

From 0 to 133k Followers and the Jetset Influencer Lifestyle

Saturday, July 24, 2021

Free Training Magazine PODCAST Articles How did Rachel Pregunta go from a sales job to traveling the world, forming international partnerships, and building a community of 133000 followers? Instagram.

What's 🔥 in Enterprise IT/VC #247

Saturday, July 24, 2021

How to scale from 100 to 700 people in 2 years? Here's Dipti's (VP People) playbook from Snyk ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

🗞 What's New: Substack's new podcast network

Saturday, July 24, 2021

Also: Quitting your job to launch vs. starting a side gig. Which is best for you? ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Should I keep doing this?

Saturday, July 24, 2021

​ Howdy! ​ I was curious to know: is it worth doing sales demos for our business? Ever since we started Transistor, we've had interest from larger, enterprise companies. (Especially for our private

🦄 Build your audience with this newsletter idea

Friday, July 23, 2021

Hey Makers, There's already 150 of you! So happy to have so many new readers. If you like my ideas, share the newsletter with your friends. You'll make my day! ❤️ This week I want to share an

10words: Top picks from this week

Friday, July 23, 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

🧠Case Study #106 - How to Promote a Blockbuster using Memes

Friday, July 23, 2021

If you are just now finding out about Kickstart Side Hustle, you can subscribe here If you enjoy this newsletter, please forward this email to your friends! 🙏 Hey! Once again thank you for all the

Help us shape the future of Buffer’s tools and content! ✨

Friday, July 23, 2021

Hello there! 👋 I have a question for you: If you are the owner of a small or medium sized business, what do you believe has helped your brand grow the most in the past 3 months? Our team is on a

Bootstrapped Founder #94: How to Kill Your Business

Friday, July 23, 2021

​ The Bootstrapped Founder Logo ​ ​ Dear founder, Most advice comes in the shape of telling you what to do to be successful. It's instructional, it shows the happy path, and as a reader, I resonate