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Why has Kry laid off 300 more employees? — Startup Europe, The Sifted Podcast

This week on the pod, a special dispatch from Web Summit and info about Kry

By The Sifted Podcast Team

Listen to Startup Europe, The Sifted Podcast on Apple, Spotify and all major platforms.

This week on the pod, reporters Amy O’Brien and Tim Smith bring us a special dispatch from Web Summit. They tell us what went down at Europe’s biggest tech conference last week.

But first we turn to the news, specifically why Swedish digital health startup Kry has laid off another 300 employees.

Then we move to the UK and to neobank Monzo, whose workers announced they intend to form a union.

And in Germany flying taxi startup Volocopter announced last week that it’s raised $182m in additional Series E funding — making it the largest funding round for any German deeptech company this year. 

Last but not least, sticking with deeptech we discuss how the soaring cost of energy is increasing demand for robots.