🛍 Two Revolut alumni bag $3m for new startup. Tilt is a shopping app designed like a social media app — think the love child of Instagram, TikTok, Depop and a flurry of Chinese livestream shopping channels. Earlybird led the pre-seed round, and was joined by Seedcamp and US-based TQ Ventures.
💸 Visionaries Club sets sights on European B2B tech startups. The Berlin-based VC firm has just raised €400m, which will be split into three separate funds: a €150m seed fund; a €200m fund to invest post-Series B; and €50m to back pre-seed and seed science and tech startups.
Klarna to make second round of layoffs. The announcement comes four months after the buy now, pay later giant cut 10% of its global workforce, and just three weeks after CEO Sebastian Siemiatkowski
said all layoffs were done and the company was "moving on".
🛵 Glovo founder launches €50m VC fund. Oscar Pierre, who's already an active angel investor, is now raising a fund to invest in startups from idea stage to Series A . Sifted understands he will personally invest €10-15m into the fund.
💰 Ledgy bags $22m Series B. US VC New Enterprise Associates led the round for the Swiss equity management platform, which helps founders, investors and employees keep tabs on how much of a startup they own. Ledgy says it'll use the cash to scale further across Europe. It's also actively hiring across all functions, with a particular focus on junior software engineers.