Babylon: how it all went so wrong

This week we discuss:00:59 Germany is about to legalise cannabis. What does it mean for startups?03:49 Payments fintech Modulr agrees with regulator to stop onboarding new customers 05:32 German fund La Famiglia merges with General Catalyst09:29 Northvolt founder’s heat pump startup secures €87m17:24 The rise — and fall — of BabylonLink to subscribe to the Sifted Fintech newsletter: https://sifted.eu/newslettersThis podcast is brought to you by Harper James, a national full-service law firm designed to support ambitious businesses. Having supported over 3,500 businesses, Harper James isn’t a run-of-the-mill law firm. It has transformed the traditional law firm model through unique price plans, smart technology and teams of almost exclusively senior lawyers — giving you affordable, commercial and high quality legal advice.If this sounds too good to be true, then head over to harperjames.co.uk and see for yourself. While you’re there, you’ll find 100s of resources to help your journey from startup to scaleup and beyond.