Orral Nadjari, the founder of collapsed gigafactory Britishvolt, is working on a new battery project in the Gulf, he tells Sifted.

The European Anti-Fraud Office found “serious irregularities” in an audit of a subdivision of the EU’s EIT, leading to suspended payments to startups.

Climeworks is plotting an international expansion despite a recent round of layoffs and uncertainty over funding from the US government.

Buzzy German AI startup Black Forest Labs is no longer working with Elon Musk’s xAI to power its Grok chatbot, Sifted has learned.

German AI translation startup DeepL, last valued at $2bn, is looking closely at a public listing, sources tell Sifted.

An ongoing lawsuit threatens to dredge up Checkout.com's relationship to ‘vice’ industries, by linking it to a mysterious Cypriot entity.

London-based VC firm Future Planet Capital (FPC) was awarded over £100m in public funds without any competitive bidding process.

Bpifrance, the French public sector investment bank, has over $30m of public money on the line after Ynsect filed for insolvency.

SellerX, which buys and helps e-commerce businesses grow, is laying off 20% of staff as it seeks to streamline its operations.

A former Mistral employee is seeking $80m for his new company, Genesis Robotics, which is developing an AI-powered simulation platform.

When Northvolt filed for bankruptcy, it had enough capital to last them to the end of January. The company now says its cash runway has been extended.

When Northvolt filed for bankruptcy, it had enough capital to last them to the end of January. The company now says its cash runway has been extended.

Kraken, Octopus Energy's tech arm, grew significantly across 2024, while the group as a whole saw a dip in profits.

London-based energy supplier Octopus Energy recorded its second year of profit. company’s tech arm, Kraken, saw significant growth in 2024.

A Dutch court found on Friday that Abu Dhabi sovereign wealth fund Mubadala had acted in the interests of speedy grocery giant Getir.

With growing anti-China sentiment in the US, UK VCs could capitalise off the Chinese LPs leaving the country.

The administration announced it would penalize its largest-ever batch of companies linked to Xinjiang, including major suppliers of critical minerals and textiles.

Northvolt’s collapse leaves Stegra as Europe’s largest and best funded climate tech company, with €6.5bn raised to date.

Checkout.com, one of Europe’s most valuable startups, saw losses at its UK entities balloon 73% to $306m in 2023, its financial filings show.

German flying taxi startup Lilium, which filed for insolvency in November, has found an investor to buy its subsidiaries.

[FREE TO READ] A prominent family made a fortune working for autocrats. Who was really to blame when it fell apart?

Imagination Technologies had licences with two Chinese firms - but said it had not ‘implemented transactions’ that would enable to use of technology for military purposes Chinese engineers developing chips for artificial intelligence that can be used in…

Although the VCs, family offices and even the lawyer that often accompanied Ian Slater were real, his promises of money were often not.

Although the VCs, family offices and even the lawyer that often accompanied Ian Slater were real, his promises of money were often not.

UK biotech unicorn Oxford Nanopore has filed a lawsuit against Chinese biotech BGI over the misuse of confidential information.

Helsing became one of Europe’s most valuable startups by building artificial intelligence software for drones and jet fighters. Now it’s making weapons of its own.

An Avignon courthouse has become a site of pilgrimage for French women seeking catharsis and community

The Aurora project was initially conceived of as a 50/50 joint venture with Northvolt, the Swedish gigafactory manufacturer.

Filing for Chapter 11 means Swedish gigafactory manufacturer Northvolt can seek new financing and restructure its debts.

CEO Peter Carlsson, is stepping down from bankrupt Swedish battery maker Northvolt.

After a tough 2024, Spanish energy company Holaluz says it will be consolidated cash flow positive in early 2025.

Media baron Jimmy Lai, who protested for democracy, faces possible life sentence.

Embattled green tech player Northvolt has missed some in-house targets and has curtailed production at its battery cells plant in northern Sweden, according to internal company documents and company sources, underscoring the challenge of ramping up output.

Nucleus’ first-time fund managers say funds need a more specific thesis than just 'climate tech' in a changing environment.

Electric aircraft startup Volocopter previously flagged it is at risk of insolvency, while competitor Lilium filed for insolvency in October.