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November 22, 2021updated 21 Oct 2022 1:31pm

FT-backed Sifted raises £5m

By Press Association and Press Gazette

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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