Tuesday, November 23, 2021

FT-backed Sifted raises £5m

 By Andrew Kersley

Financial Times-backed website Sifted, which covers the world of European start-ups, has raised £4m of investment funding for a 25% stake.

Sifted was launched in January 2019 by FT innovation editor John Thornhill and start-up entrepreneur Caspar Woolley with the aim of reaching a younger generation of European entrepreneurs.

The deal means ScaleUp Capital is now the largest shareholder in Sifted with a 25% stake.

SourcePress Gazette

Deal value: £4m

Country: UK

Status: Announced

No comments:

Post a Comment

For now, we're opening this blog to Anonymous comments. This will continue as long as civility rules. Disagree as you may, just keep it clean and stay on topic. No profanity, and no name calling. We reserve the right to moderate such comments, though the person who made it may come back and reword their message in a more civil way.