Startup Life/Podcast/ The Sifted Podcast — Gorillas: a €60m burn rate, big cash bailouts and a looming downround We're talking Gorillas' looming downround, a record-breaking elderly care raise and more. By Georgina Ustik 8 August 2022 \Startup Life Series A funding for startups: What VCs want to see from founders in 2023 By Aruni Sunil 3 February 2023 Startup Life/Podcast/ The Sifted Podcast — Gorillas: a €60m burn rate, big cash bailouts and a looming downround We're talking Gorillas' looming downround, a record-breaking elderly care raise and more. By Georgina Ustik 8 August 2022 Listen to The Sifted Podcast on Apple, Spotify and all major platforms. This week on The Sifted Podcast, Eleanor is joined by writer Éanna Kelly in our very own Sifted studio! Unfortunately, you may hear a few bumps and muffled background noise as we get to grips with it, but bear with us. In this episode, we’re discussing Gorillas, the embattled speedy grocery company that’s set to raise $250m in funding from existing investors at a reduced valuation. We also chat about Cornerstone VC’s new £20m fund to back diverse early-stage UK founders, and elderly care platform Cera’s £260m round of roughly half equity and half debt, making it Europe’s biggest ever round in the elderly care sector. Next, we have fintech reporter Amy O’Brien on to speak about the new wave of European fintechs taking on the fractional ownership real estate model. And finally, podcast producer and Iberian correspondent Tim Smith shares his experience shadowing a food delivery courier in extreme heat. Listen to The Sifted Podcast on Apple, Spotify and all major platforms. Related Articles Will diversity slip further as the tech slowdown continues? By Mimi Billing Click here to read more Latvia is the most “startup friendly” country in the world By Freya Pratty Click here to read more How to prepare for an acquisition By Anisah Osman Britton Click here to read more In data: How founders are responding to inflation In partnership with Figures Click here to read more Most Read 1 \Startup Life Tech Nation shutting down as UK government controversially pulls key funding 2 \Healthtech Spotify founder Daniel Ek officially launches new startup — and this time, he’s taking on healthcare 3 \Fintech Monzo revenues surge more than twofold, putting it on track for 2023 profitability 4 \Consumer Glovo lays off 6% of staff following fresh fine from Spanish government 5 \Startup Life Meet the UiPath alumni starting their own companies
In data: How founders are responding to inflation In partnership with Figures Click here to read more