On-demand grocery: the state of play 🔥‍

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Hi Sifted Reader,

Happy Friday! Time to dive back into the bonkers world of speedy grocery delivery, where funding is no longer flowing quite so freely. Read on for our latest analysis of the sector, along with:
  • The Swedish robots serving ice cream
  • Can Northvolt solve Europe's EV battery problem?
  • Why startups need to stop ignoring pronouns
  • Dealing with toxic behaviour at work

\Foodtech

Swedish robots are coming for your ice cream

Robots aren’t bad in the kitchen: they can flip burgers, make pizzas, pour you a bowl of muesli or — once Swedish startup BonBot launches — serve you an ice cream.

BonBot is set to launch in Stockholm later this year, and its team say their robots can bring a better user experience to restaurants, as well as higher quality and more sustainable food.

Freya Pratty reports.

\Our latest report Construction Tech 

Who are the construction tech startups to watch?

Read our latest report to find out which startups are rebuilding the foundations of Europe’s construction industry — and who will come out on top.

Download it now.

\Sustainability

Can Northvolt solve Europe’s impending electric car battery problem?


In the heart of Swedish Lapland, Northvolt, the battery company worth $11.7bn, is building a factory so large it will fill 100 football pitches and produce enough power to light 6bn bulbs a year.

Europe's car industry is betting on the company as it looks for a European manufacturer of batteries — a critical component for electric cars.

But can Europe bank on Northvolt?

\For Members Consumer  

The on-demand grocery battle is getting bloody. Here’s the state of play.

It's an exciting time for the on-demand grocery sector: huge funding rounds, reports of potential acquisitions, worker revolts and an enormous market to fight for.

Getir's just launched in Paris; Gorillas in New York; and JOKR, another competitor with deep pockets, has launched in Warsaw and Vienna this month. But it's not all easy — there are also reports that some of the companies are struggling to raise new financing. 

Amy Lewin takes a close look at the market. 

If you're not yet a Sifted member, subscribe here for as little as £19 per month.

\Opinion 

Startups can't ignore pronouns anymore

Thanks to digital technology, we're living in a golden age for self-expression. So why do many tech companies still only give people so few options to express their gender identity?

Startups need to create a gender-inclusive environment for both employees and customers, says Laetitia Wamanisa from social networking app Yubo. 

Here's how.

\Startup Life 

How to deal with toxic behaviour in the workplace


Toxic behaviour in the workplace can be difficult to deal with — but it can't be ignored. Alice Driscoll is a leadership coach who works with startup and scaleup CEOs and first-time leaders. She's also a specialist in workplace conflict.

Here's her advice on dealing with toxic behaviour.

\Sponsored by Drees & Sommer

Does construction have a sustainable future? We asked the experts

A third of the world’s global economy is industrial, and in Europe, the construction market alone is worth nearly €2tn. But construction is at a crossroads.

It's an industry that emits a huge amount of methane and carbon dioxide, so investors are increasingly focused on its green credentials.

Can the sector adapt, and what role do startups play in that?

News that Matters

💳 Visa buys Tink. Visa's signed an agreement to acquire Swedish open banking platform Tink for €1.8bn. If completed, it would be the third-largest acquisition of a European VC-backed fintech. 

🛍️ UK grocery startup Dija is said to be exploring a sale or merger with a rival. The news comes just months after it officially launched in London. 

🏫 More money for edtech. Sparkmind, the Nordic venture capital firm focused exclusively on the edtech sector, has closed its first fund at €55m.

🇷🇺 Leta Capital, a Moscow-based VC firm, has launched its third fund at $100m, focused on UK, European and US-based tech companies. 

🇸🇪 And BackingMinds, the Swedish VC focused on overlooked founders, has raised a second fund of $60m. Backers include Supercell CEO Ilkka Paananen and the family which owns H&M.

🇫🇷 French insurtech Hoggo, which wants to help companies simplify the management of their health and risk contracts into a single platform, has raised €11m in new funding in a Series A led by Partech.

🚴‍♀️ Deliveroo has won another workers' rights challenge in the UK courts. The IWGB union sought to challenge the platform's classification of riders as self-employed workers.

🔥 Israeli startup FireBolt, a cloud data warehouse provider, has raised $127m. The company only came out of stealth mode in December 2020.

Sifted Suggests

🖥️ Europe's lack of developers. The continent's got a talent problem: there just aren't enough people who know how to code. Now companies like Spotify and Deliveroo are taking things into their own hands by setting up in-house developer training programmes

⚽ As the Euros heats up, ex-professional footballer and founder of AxisStars, Louis Saha, looks at the similarities between what startups and footballers could learn about overnight success.

💰 JPMorgan and Nutmeg. Last week, the American banking giant announced its acquisition of UK robo-adviser Nutmeg. But was it a smart move for the bank, and how much did they actually pay? [Member]

Sifted Newsletters 

Fintech: for your weekly dose of European fintech stories
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
Amy Lewin
Deputy Editor

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

Send her your news at freya@sifted.eu
Or find her (occasionally) tweeting @FPratty
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