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Morning Sifted Reader,

The Olympics may have ended, but athletes this year made a lasting statement about prioritising their mental health. Europe's startup scene is paying more attention to this too — so we've listed the top mental health startups to look out for this year. More gold-standard stories include:

Fintechs target the $15bn creator economy
Femtech startups to watch, according to VCs
Six tips for a successful cofounder relationship

\Fintech

A ‘neobank for influencers’

Being an influencer isn't all glitz and glamour. It's an occupation plagued by cashflow and payment dramas — but some fintechs think they've found a solution.

In the past year, US startups like Willa have popped up to streamline freelancers’ payments, backed by big investors like EQT.

Now, the launch of XPO — a new digital banking app for influencers — marks the arrival of the trend in Europe.

Isabel Woodford reports.

\In partnership with Microsoft for Startups

Explore the UK’s startup communities — from your sofa

London is always stealing the spotlight — that’s why we made an interactive map that lets you ‘travel’ around the UK, from Belfast to Bristol, using data to highlight the vibrant startup ecosystems outside of the capital city.

Feeling adventurous? Start exploring now.

\Healthtech

Mental health startups to watch in Europe

Post-pandemic, mental health startups in Europe are in the spotlight: between 2019 and 2020, funding into the sector increased 4.5x.

With the help of data compiled by VC firm Mustard Seed Maze, we’ve mapped where Europe’s 79 mental health startups are, and what they’re working on.

Take a look here.

\For Members Venture Capital

Top femtech startups to watch, according to VCs

From menstrual health to sexual wellness services, the femtech market is expected to be worth a whopping $60bn by 2027.

We spoke to five VCs to find out which femtech startups are tapping into which customer craze, and making their mark in this ever-growing industry.

Here's what they said.

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

\Startup Life

Top tips for a successful cofounder relationship

Research shows that 65% of all startups will fail because of cofounder tension.

So how can you future-proof your cofounder relationship? Take in these top tips from Ifty Nasir, founder and CEO of Vestd, which will help you say farewell to fallouts.

Read here...

\In partnership with Checkout.com

4 consumer trends every fintech should be watching closely

Today’s consumer is all about ethics, social media shopping and subscription-style services — but what should fintechs be taking away?

From embedded finance to eco-friendly shopping, find out the consumer trends filling the fintech scene.

What are the trends?

News that Matters

🏠 WorkMotion announces a $24m Series A. As VCs continue to bet big on remote working as a cure for talent shortages German startup WorkMotion plans to scale its platform for hiring and managing employees abroad. It joins plenty of other European companies working to facilitate remote recruitment.

🦄 Turkey gets its first 'decacorn'. Trendyol, an ecommerce platform based in Turkey, has raised $1.5bn in a massive funding round that values the company at $16.5bn. General Atlantic and SoftBank were among the investors co-leading the round.

🍔 Delivery Hero buys a 5.1% stake in Deliveroo. The rival delivery service acquired a stake at an average price of 270p. Following this, shares in Deliveroo rose by as much as 11%, to 360p. Niklas Oestberg, cofounder of Delivery Hero, unravels his reasoning for the buy in this thread.

Sifted Suggests

⚖️ Courts crackdown on gig economy algorithms. A new frontier is opening in the debate around gig economy worker rights — and how the algorithms that govern their time and wages work. Foodinho and Deliveroo both fell under scrutiny from Italy’s data watchdogs.

⚒️ There’s a drone swarm storm. In part three of our military tech series, we explore how startups are creating drone swarms — a group of drones that collaborate using some form of AI — to propel drone technology further in the European market. [Member]

❌ Risky business. Almost none of the world’s largest VC firms have adequate human rights due diligence policies in place, Amnesty International reveals today in this landmark report.

\Jobs

Subeditor & senior reporter jobs

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We're also looking for a senior reporter to play a big role in developing what issues we cover and how we cover them. If that sounds interesting, ap ply here.

Michael Stothard
Editor

Get in touch with him at michael@sifted.eu
Or find him tweeting @MStothard

Riddhi Kanetkar
Editorial Intern

Get in touch with her at riddhi@sifted.eu
Or find her tweeting @r1ddhi

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Sifted - Mental health startups in Europe 🧠

\Fintech

A ‘neobank for influencers’

\In partnership with Microsoft for Startups

Explore the UK’s startup communities — from your sofa

\Healthtech

Mental health startups to watch in Europe

\For Members Venture Capital

Top femtech startups to watch, according to VCs

\Startup Life

Top tips for a successful cofounder relationship

\In partnership with Checkout.com

4 consumer trends every fintech should be watching closely

News that Matters

Sifted Suggests

\Jobs

Subeditor & senior reporter jobs

Older messages

Acquisitions galore 🔥

Travis Kalanick's secretive dark kitchen empire 🧐

Hopin’s still poppin’ 💥

Remote work startups to watch 👀

Monzo's latest financials 💸

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