📉 Balderton partner warns CEOs over market fears. The London VC's managing partner Bernard Liautaud emailed its portfolio companies last week with some stark warnings about the state of the startup investment landscape amid the tech downturn. We got hold of the full thing — read it here.
💥 Angel Labs founder launches solo VC fund. Tugce Ergul has raised $25m for Hypernova's first fund, which she's planning to spread across startups in the US, where she's lived for more than a decade, and Europe, where she was born. But that's not all: 40% of the fund is going to be invested into emerging VCs, with the aim of growing a more diverse pool of investment managers in Europe.
💰 Boostrapped recruitment platform Teamtailor raises €10m. The Stockholm-based SaaS startup was founded in 2013 but has managed to almost entirely fund its growth from revenue, expanding to 240 staff and more than 6,000 clients in that time; it's even expecting to hit profitability this year. London-based Sprints Capital led the round, which valued Teamtailor at €325m.
🩸 Aware raises $15m seed round for blood test tech. Your eyes might widen reading that, but this isn't a Theranos scenario — the German startup wants to roll out a private beta in its home country, and aims to be a one-stop shop for patients to get a detailed snapshot of their health through lab-analysed blood samples. Swiss VC Lakestar led the round alongside Cherry Ventures and June Fund — next, it needs regulatory approval.
