Sifted, a Financial Times-backed media brand focusing on European startups, recently closed £4mn funding – read about the raise here.
In Brief:
Mountside helps businesses through their fundraising process.
It aims to optimise the process for LPs, investors and entrepreneurs.
The team supported Sifted in the funding round led by ScaleUp Capital.
What does this mean?
In a blog post, Founding Partner Alex Reed said Mountside decided to work with Sifted thanks to its world-class team, high-quality journalism and long-term vision.
Jonathan Hollis, Managing Partner at Mountside, commented: “Like everyone else in European tech, Sifted is our go-to publication for the latest news and insights. We’re delighted the team has found an investor who shares their passion for the vision, and excited about what’s to come from our favourite media organisation.”
Meanwhile, Sifted’s Co-Founder Caspar Wooley said: “We really enjoyed working with the Mountside team, leveraging their experience to support us in preparing for and completing our funding round. We’re now laser-focused on growing the Sifted team and becoming the definitive media brand for Europe’s startup ecosystem.”
