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This week on the pod, our common host Amy is joined by Eanna, Sifted’s contributing editor. We sadly begin with a variety of layoff information.
We hear about secondhand automotive market Cazoo’s plans to put off 1,500 folks in 2022. Then we focus on Pitch, the Berlin-based startup creating alternate options to Google Slides and PowerPoint, which introduced will probably be shedding 30% of its group. And final we go to Infarm, Europe’s largest vertical farming firm, which laid off 50 workers in an effort to chop prices and safe its path in direction of profitability.
In happier information, we flip to fundraises. Northzone, the European VC agency, has raised a brand new €1bn fund — its largest up to now, and one of many largest raised in Europe this yr. EQT Development, a brand new €2.4bn fund which is able to again 20 to 25 European and Israeli scaleups with cheques of €50m to 200m can be new.
And for our major story, we’re joined by Lech Kaniuk, CEO of SunRoof, who’s startup that raised €15m this week to construct its — you guessed it — photo voltaic roofing enterprise.
Then lastly we speak to Tim Smith, our reporter who visited Europe’s largest medical hashish manufacturing facility. It’s and isn’t precisely what you may suppose.
