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.
Source: Press Gazette
Deal value: £4m
Country: UK
Status: Announced
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