News

India’s painful venture capital crunch  Financial Times Peak XVs Rajan Anandan Expects 100 Startups To Go Public In Next 7-8 Years  NDTV Profit Funding Winter shuts over 35000 startups in 2023. Will VCs fund tech ventures?  Mint India Venture Capital Report 2024  Bain & Company Morning Scan: All the big stories to get you started for the day  Moneycontrol

Munich-based VC Alpine Space Ventures adds €10 million from NATO Innovation Fund to fuel space tech  EU-Startups

Abu Dhabi in talks to invest in OpenAI chip venture  Financial Times UAE set to help fund OpenAI’s in-house chips  AI News Abu Dhabi Targets $100 Billion AUM for AI Investment Firm  Bloomberg The Daily Circuit: MENA slows down for Ramadan + Etihad picks IPO banks – The Circuit  The Circuit

India Venture Capital Report 2024  Bain & Company Funding Winter shuts over 35000 startups in 2023. Will VCs fund tech ventures?  Mint India second-largest region for VC investments in Asia-Pacific: Report  India Narrative Over 35000 startups shut in 2023 as funding winter intensified: Bain & Company-IVCA report  MSN

German restaurant discovery app NeoTaste snaps €15.1 million to go international  EU-Startups

Saudi Venture Capital invests $30m in Olive Rock Partners Fund I  Arab News

Blockchain Platform Berachain Becomes Crypto Unicorn in $69 Million VC Round  Bloomberg

Sacked Social Capital partners push back on dismissal over AI investment  Financial Times Social Capital Fires Two Partners, Hires Law Firm  Bloomberg Chamath Palihapitiya fires two besties at Social Capital  Protos Chamath Palihapitiya fires two Social Capital partners over AI investment  Axios Social Capital sacks two partners over ‘situation’ involving AI investment  Financial Times

Social Capital sacks two partners over ‘situation’ involving AI investment  Financial Times

SuperAGI snags funding from WhatsApp founder Jan Koum’s secretive Newlands VC  TechCrunch