The size of the US market means many European founders have one eye on moving stateside as soon as they start to scale. But whereas the incentives for climate techs are making it a no-brainer, rising competition and a funding crunch mean healthtech founders are having second thoughts. Mimi Billing and Kai Nicol-Schwarz find out if startups will have to kick their US habit below.
Also from the Sifted newsroom: |
|
|
Microsoft’s upcoming digital event on May 9, Microsoft SaaS Day for Startups, will teach you all you need to know — including industry trends, how to pick cloud and other technologies, the role of AI in product development and best practices for building SaaS successfully. |
|
|
— the value of the US healthcare market, making it a lucrative opportunity for European healthtechs who can successfully scale stateside.
But in the middle of a funding crunch and a post-Covid boom in competition, is it trickier than ever to make it in America? |
|
|
💻 Can European deeptech give the US and China a run for their money? Europe's deeptech startups haven't managed to seriously compete with international superpowers yet — and there's one key thing to fix if we want to, reckons Silicon Roundabout Ventures' Francesco Perticarari.
|
|
|
Global mobility has become an important leverage in attracting and retaining the best talent — but for HR, it’s a maze of tax and immigration laws and liabilities. In our guide, we cover the startups helping companies managing the process, how to use mobility tech and where to draw the line. |
|
|
🇬🇧 The UK government has announced an initial £100m for a Foundation Model Taskforce to help the country build and adopt the next generation of safe and reliable AI models. |
🏫 Leading universities and investors share recommendations on how to improve the UK's spinout scene — the USIT Guide offers advice and direction in areas such as equity share and IP.
|
💰 European Women in VC and IDC are digging into the impact diversity has on VC fund performance — if you're an employee or partner at a VC firm, fill out the survey here. |
🇪🇺 Zalando and Booking are the only two European tech companies that will have to comply with the EU’s set of more rigorous online rules, the European Commission announced yesterday.
Context: Last year the EU agreed on a landmark law that aims to regulate content and transparency on the Internet — the Digital Services Act.
The rules will apply to all online platforms, search engines and marketplaces that operate in Europe; but while startups and smaller companies have until next year to comply with the new rules, the biggest players — those that have more than 45m active users — will have to adjust their operations as of August 25. They’ll also have to follow a specific regime of stricter rules. More to come? Brussels is still investigating up to five companies that might fall into this basket (which reportedly includes Swedish Spotify). |
|
|
💰 Undisclosed - EV charging startup Virta has raised €85m.
- UK train-booking app SeatFrog has raised £6m from investors including Octopus Ventures.
|
|
|
Sadia Nowshin Editorial Assistant |
|
|
Copyright © 2023 SIFTED (EU) LTD, All rights reserved. |
https://link.sifted.eu/oc/61bb6e9691c6a02498e7f38eimf79.3lj/e0e926c8
|
https://link.sifted.eu/oc/61bb6e9691c6a02498e7f38eimf79.3lj/e0e926c8
|
|
|
|