\Gorillas: €60m burn rate, big cash bailouts and a looming downround

Please take our listener survey! You get a month's Sifted membership for free, and we'd love to learn more about our listeners:bit.ly/siftedpodcastThis week we discuss:(03:20) Gorillas is set to raise $250m in funding from existing investors at a reduced valuation(06:13) Cornerstone VC has just raised a £20m fund to back diverse early-stage UK founders(09:37) Cera raises £260m, Europe’s biggest round ever in the elderly care sector(12:12) A new wave of European fintechs are taking on the fractional ownership real estate model(17:13)  What’s it like working as a food delivery rider in extreme heat?