🎙️ The Drive at Five with Robin and Dan - Episode 5

Northzone goes all in on sustainability, Tesseract racks up an impressive list of investors, Darktrace takes a dive, OneWeb loses its ride into space, Instagram gets slapped with a €405 million fine, Cazoo pulls out of continental Europe, and a whole lot more!
🎙️ The Drive at Five with Robin and Dan - Episode 5

Well alright, alright, alright, everyone's back from holidays, and it's time to get down to business.

First this week we look at Northzone's appointment of World Economic Forum sustainability expert and programme creator, Anna Skarborg as Head of Sustainability and the growing trend of ESG officers in-house at VC firms.

Former Revolut execs Alan Chang and Charles Orr have assembled a mighty impressive list of investors for their startup Tesseract which aims to disrupt the energy market. What and how they plan on doing this is still a bit ambiguous, as is where the $78 million came from. We discuss.

UK-based OneWeb took a $229 million writedown due to Russia taking 36 of the company's satellites hostage indefinitely.

Deliveroo's got more legal troubles when it comes to the treatment of its labour force, Instagram f*cked up in terms of data protection rights when it comes to minors, and last but certainly not least, Cazoo has called it a day across continental Europe, resulting in 750 jobs out the window.

All this and more on episode 5 of Tech.eu's Drive at Five.

 

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