News

April 24, 2025

Revolut and TravelPerk backers warn of market volatility in wake of Trump tariffs

Publicly listed investors Kinnevik and Molten Ventures report mixed results in annual trading updates

European venture firms Kinnevik and Molten Ventures have both warned of “volatility” caused by US president Donald Trump’s recent barrage of tariffs, as the continent’s startups scramble to navigate the uncertainty. 

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Kai Nicol-Schwarz

Kai Nicol-Schwarz was a senior reporter at Sifted. He covered AI and UK tech.

Mimi Billing

Mimi Billing is Sifted's Europe editor, based in Stockholm. She covers the Nordics and can be found on X and LinkedIn

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