Sifted - Why startups are leaving London 🛫

View this email in your browser
Hi Sifted Reader,

This week we're talking about the emergence of a new type of investor. They're quick-thinking, have great founder relationships and... they work alone. We find out why solo GPs are on the up in Europe, plus:
  • Germany's first fund focused on female founders launches
  • Why one startup ditched London for New York
  • The events industry is back in business, and investors are keen to get involved

\For Members Venture Capital 

The rise of the lone wolf VC in Europe


Solo GPs are gaining traction in Europe, fuelled by a competitive funding environment and improved legal and financial infrastructure. They can make decisions fast and because they’re often ex-founders and operators, have the ear of entrepreneurs.

Isabel Woodford and Eleanor Warnock talk to the region’s lone wolf VCs.

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

\A message from our sponsor Google Cloud

What path will you take?

When you're striving for top speed, you need to plot a proven path forward. Take Google Cloud’s free assessment to find out what your business needs for fast, smart and cost-effective innovation.

Take the assessment here.

\Venture Capital

Germany’s first VC fund for female founders launches


Today Auxxo launches — Germany’s first VC fund looking to solely back female-founded startups at pre-seed and seed. 

Two of Germany’s best-known angel investors, Gesa Miczaika and Bettine Schmitz (pictured), are behind the $15m fund.  

What's more, a huge 60% of Auxxo’s investors are women — an unusually high share — including several well-known female founders and VCs.

Amy Lewin finds out more here.

\Startup Life

Goodbye London, hello New York: Why we moved our headquarters


Founded in 2015, AI data platform Eigen Technologies called the UK capital home until this year, when it upped sticks and emigrated to the US.

Why? Brexit and Europe's negative attitude to sales have made London a less desirable place to run a startup, says cofounder and CEO Lewis Z Liu.

Here's what New York has on London.

\Entertainment

In-person events are back — and investors want in on the party


Festivals, weddings and parties have returned — and people are spending more money on them than ever before.

As punters rush to make up for 18 months of lost time, investor confidence in events tech businesses is growing. Events platform Feast It is announcing a €5m raise today, while data for hospitality startup OTA Insights bagged $80m and ticketing platform Vivenu snapped up $50m. 

Freya Pratty finds out why the events industry is due for a shake up.

\Sponsored by Sailthru

How to make ecommerce emails that actually convert


Over 319bn emails are sent and received globally every day. So, how do you cut through the noise and use emails that catch your audience's attention?

From giving yourself an edge by using algorithms to welcome messages and personalisation, email service provider Sailthru share their learnings.

Here's what they had to say.

News That Matters

👋 N26 is leaving America. The €8bn scaleup has announced it'll be exiting the States, and is the latest European neobank to pull the plug across the Atlantic. It comes following pressure back home from the German regulator and just a year after it pulled out of the UK.

🔗 A world first for blockchain. Croatian ebike startup Greyp Bikes has been bought by Porsche, but it's not the amount that's interesting — it’s the first exit for a company that's raised funding on Neufund’s blockchain-backed public platform. Neufund's founder Zoe Adamovicz hopes the successful exit will convince regulators to permit the practice more widely.

📦 Packhelp raises $45.6m. The (you guessed it) packaging startup is riding high on the ecommerce boom and will use the cash to expand regionally — with its eyes on strategic M&As. The Series B round was led by Paris-based InfraVia Growth.

🚗 Mid-air haptics startup Ultraleap bags $82m Series D. The startup has been working with car manufacturers to allow drivers to control things like volume and heating with its touchless interfaces. The round was led by a combination of Tencent, British Patient Capital and CMB International.

🚀 Moonshot. Franco-German spacetech The Exploration Company has raised €5.3m in seed funding. The startup says its technology will be able to conduct in-space experiments for 10% the cost of the International Space Station. But you won't see its satellites in the sky anytime soon — it'll begin to demo the product in 2024 at the earliest.

🛴 Parking fines for electric scooters. Following limits put on the number of escooters allowed in Swedish cities and the death of a cyclist who crashed into a scooter left on a cycle path, scooter operator Voi has begun issuing fines to users who park badly. Across Europe there are growing calls for greater escooter regulation.

\Sifted Talks

From food to femtech: How to make your subscription model stand out

Switching from a transactional to a subscription-based business model isn't as hard as you'd think. On December 1, hear from our expert panel including founders from Chargebee, Freda and Oddbox for top tips.

Sign up for the free virtual event here.

Amy Lewin
Deputy Editor

Get in touch with her at amy@sifted.eu
Or @amyrlewin
Kai Nicol-Schwarz
Editorial Lead (Membership)

Get in touch with him at kai@sifted.eu 
Or @NicolSchwarzK
What would you like to read about in the next email?
Send us your suggestions
Follow us on social
Facebook
Twitter
Instagram
LinkedIn
Copyright © 2021 SIFTED (EU) LTD, All rights reserved.
You are receiving this email because you opted in to our newsletters

Our mailing address is:
SIFTED (EU) LTD
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.

Key phrases

Older messages

We need to normalise founders failing 😥

Friday, November 19, 2021

The Italian startup that bought a hydroelectric plant | More grocery expansions View this email in your browser Hi Sifted Reader, Today's the day — The Sifted Podcast is here! Check out our first

Europe's busiest healthtech VCs 🐝

Wednesday, November 17, 2021

Rosie Wood returns with her exclusive dispatches | Cazoo acquires (another!) European startup View this email in your browser Hi Sifted Reader, Fancy working from the rolling hills of Tuscany? We find

Klarna has made 75 staff millionaires 👀

Monday, November 15, 2021

How to nail internal comms | The Sifted Podcast: launching Friday | Insights from serial entrepreneurs View this email in your browser Hi Sifted Reader, Cop26 is over and it saw a strong presence of

Sifted's guide to the metaverse 🦾

Friday, November 12, 2021

Ethnic grocery delivery | Startups MIA at Cop | Wolt acquisition winners View this email in your browser Hi Sifted Reader, It's the last day of Cop26 today. Our news reporter Freya has been there

Do YOU need a head of remote? 🤔

Wednesday, November 10, 2021

Daniel Ek's fund leads €102.5m Series A | Hiring heads of remote | The dark side of innovation culture (and why you should embrace it) View this email in your browser Hi Sifted Reader, 2021 has

2 companies, 1 CEO

Tuesday, November 30, 2021

Data security MVP. Middle East fintech market map. Retail AI. VIEW IN BROWSER CBINSIGHTS November 30, 2021 Two birds Hi there, Given the news that Jack Dorsey has stepped down as CEO of Twitter (

Growth Bite: Use a paid email course to increase sales

Tuesday, November 30, 2021

Teaching something that delivers immediate results is one of the best ways to earn trust — and trust leads to conversions. Make more sales with an email course. An [email course](https://ahrefs.com/

A founder’s guide to community

Tuesday, November 30, 2021

When to invest in community, how to get started, setting goals, crafting a strategy, hiring, scaling, and much more—guest post by David Spinks ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Today's startups in 10 words

Tuesday, November 30, 2021

10words.io Discover new apps and startups in 10 words or less GDPR Register: Scalable GDPR compliance tool for privacy professionals Hive Index: Discover the best online communities for your interests

Call For Submissions: End of Year Workload and Future Goals

Tuesday, November 30, 2021

We want to hear how you're managing your workload in the run-up to the holidays, and what goals you're setting for yourself in 2022. View this email in your browser Logo Editor's Picks Call

Startups 2022 & the New WFH Movement 🔕

Tuesday, November 30, 2021

Plus, Is This Normal? View this email in your browser Growing Pains & Startups Growing Confidence According to a new report from Angel Investment Network, the startup ecosystem in the US and the UK

53 ideas to get your first customers.

Tuesday, November 30, 2021

Today's issue is brought to you by Alternative Assets: There are tons of stock market newsletters. The Alternative Assets Newsletter is about stuff that doesn't get discussed as much. Each week

📂 Process mental models for marketing

Tuesday, November 30, 2021

You're getting this email because you signed up for the Swipe Files newsletter. As a marketer (and someone who frequently gets overwhelmed by email), I try my best to keep every email relevant and

[CEI] Chrome Extension Ideas #18

Tuesday, November 30, 2021

Ideas for Digital Picket Line, Deepfakes, Twitter and Eth. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Want zoom superpowers? Mmhmm. Mmhmm? Mmhmm!

Tuesday, November 30, 2021

The product, growth, and company strategies that mmhmm employed to reimagine video and distributed work! ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌