Sustainability/Podcast/ Can a Bill Gates-backed electric plane really stay in the air? — Startup Europe, The Sifted Podcast Swedish startup Heart Aerospace hopes to build a plane even. Greta Thunberg would fly on By Steph Bailey 19 February 2023 \Sustainability How startups can usher in the circular economy By Sifted 21 February 2023 Sustainability/Podcast/ Can a Bill Gates-backed electric plane really stay in the air? — Startup Europe, The Sifted Podcast Swedish startup Heart Aerospace hopes to build a plane even. Greta Thunberg would fly on By Steph Bailey 19 February 2023 👉 Listen to Startup Europe on Apple Podcasts 👉 Listen to Startup Europe on Spotify 👉 Other places to listen On the podcast this week, we kick off with a small startup which has some big dreams. Lumai — a spinoff from the University of Oxford — landed a £1.1m grant from the UK government’s national innovation agency this week to work on optical computing technology, that it says will help power the AI revolution. Next we chat about German edtech Knowunity, which is trying to be a “TikTok for schoolwork”. The startup raised €9m as an extension to a €10m round it closed last year. Then we get into a new €3.75bn fund pot to back late stage VCs. The fund of funds was announced by European investment bank — as well as the governments of Germany, France, Spain, Italy and Belgium. For our first interview we’re joined by Mimi Billing, Sifted’s Nordic correspondent. We discussed the new full-body scanner being developed by Spotify founder Daniel Ek’s new healthtech startup Neko (which she tried out), as well as Bill Gates-backed Swedish startup Heart Aerospace’s ambitions to build an electric plane with a 200km range in the air by 2028. Lastly, we chat to Caitlin Wale, an investor at a new VC fund called Counteract. It’s the world’s first investment fund specifically focussed on backing carbon removal companies, and this week it launched with a £15m first close. Related Articles The hottest sustainability investments in Q3 2021 By Connor Bilboe Click here to read more How can climate tech companies make sure they hire the right people? By Freya Pratty Click here to read more What are meal kit startups doing to solve their excess packaging problem? By Sarah Drumm Click here to read more Foodtech community FoodHack raises $1m to become a new AngelList for climate tech By Amy Lewin Click here to read more Most Read 1 \Healthtech Is Daniel Ek’s new body scanner worth the hype? Sifted tried it out 2 \Venture Capital VC diversity needs to change — and white men need to take responsibility 3 \Venture Capital New €3.75bn European Investment Fund pot to back late-stage VCs 4 \Sustainability Counteract closes £15m fund for carbon removal solutions 5 \Mobility Was the $5bn that VCs plugged into escooters worth it?