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☆ Oil prices continue to rally on tight supply
▼ + stars: | 2023-09-18 | by ( Natalie Grover | ) www.reuters.com time to read: +2 min

Oil tankers sail along Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. China, considered the engine of oil demand growth, remains possibly the biggest risk because of its sluggish post-pandemic economic recovery. "Lack of protracted progress, nonetheless, will be viewed as a major setback on the demand side," said Tamas Varga of oil broker PVM. "The high-for-longer mantra would ultimately have a negative impact on economic growth and would affect oil demand." "The question is, will the Saudis continue to maintain the deficit given the risk that higher prices must surely, at some point, stimulate US shale (oil output)," Investec analyst Callum Macpherson said.

Persons: Tatiana Meel, Brent, WTI, Tamas Varga, PVM's Varga, Callum Macpherson, Natalie Grover, Florence Tan, Sudarshan, David Goodman Organizations: REUTERS, Brent, West Texas, XM, U.S . Federal Reserve, Thomson Locations: Nakhodka, Russia, Saudi Arabia, Ukraine, Europe, China, London, Singapore

☆ Getir emerged as a tentative winner in Europe's pandemic-fueled rapid-delivery sector. But it still faces sizable threats.
▼ + stars: | 2023-09-18 | by ( Riddhi Kanetkar | Callum Burroughs | ) www.businessinsider.com time to read: +8 min

In March 2022, Nazım Salur invited thousands of Getir employees to a Zoom meeting to celebrate its newfound "decacorn" status. However, as soaring inflation and rising interest rates began to hobble the tech sector, investors became far less forgiving of businesses that had oriented themselves more toward growth than sustainability. In December 2021, The Guardian reported that Getir had offered customers a deal where they could get £15 off if they spent £16. About 21 rapid-delivery startups were operating across Europe in 2021, with Getir joined by the German outfits Gorillas and Flink, as well as the British startup Zapp. Getir tentatively emerged as the winner in the rapid-delivery sector when it bought its main competitor, Gorillas , in a heavily discounted deal for $1.2 billion in December.

Persons: Nazım Salur, Nazım, Getir, Blok, London's, Alexi Rosenfeld, they've, Adam Neumann, Michael Moritz Organizations: Tiger Global, Mubadala, Financial Times, Getir, TechCrunch, Guardian, DST Global, Gorillas, Abu Dhabi Growth Fund, Google, PayPal Locations: Spanish, Berlin, Turkey, Turkish, Germany, Netherlands, Istanbul, Turkey's, Europe, British, Abu Dhabi

The Swedish sensation got up-and-down from a bunker on the par-5 18th for one last birdie to put him on 16-under 200. He is making it look easy, even if it doesn't feel that way to him. “I wish this game was easy but it’s not,” Aberg said. Four of them are within five shots of Aberg, starting with Fleetwood and including Sepp Straka and Tyrrell Hatton at 11-under 205. He looked certain to make double bogey until he poured in the bogey putt and couldn't help but smile.

Persons: — Ludvig Aberg, Connor Syme, Tommy Fleetwood, “, ” Aberg, I’m, Syme, Fleetwood, Callum Shinkwin, Aaron Rai, Ryan Fox, Jon Rahm, Rory McIlroy, Captain Luke Donald —, Sepp Straka, Tyrrell Hatton, Aberg, Swede, ” Fleetwood, “ It’s, ” Organizations: Wentworth, Ryder, BMW PGA, Aberg, Texas Tech, PGA, University, Fleetwood Locations: VIRGINIA, England, Sweden, Swedish, Switzerland

☆ Here's the 14-slide pitch deck Deft, an AI-powered search engine for e-commerce, used to raise $1.8 million in a round backed by Jason Calacanis
▼ + stars: | 2023-09-14 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Deft, an AI-powered search engine startup for e-commerce, has emerged from stealth with a $1.8 million funding round. "Google and Amazon continue to push the most relevant searches down so they can make more money and marketers have figured out how to bump up results using SEO," Zach Hudson, Deft cofounder and CEO, told Insider. The rise of AI following the launch of OpenAI's ChatGPT 3 last year led to increased pressure to launch for Deft, Hudson added. Deft is emerging from stealth with its product after raising $1.8 million in funding at the beginning of 2022. The company's funding round comes from Hustle Fund, Frontier VC, Vitalize, Long Ecommerce Ventures, 43 Ventures, Launch, and angel investor Jason Calacanis alongside a variety of founders.

Persons: Alex Gunnarson, Zach Hudson, Hudson, Long, Jason Calacanis, I've Organizations: Google, Hustle Fund, Frontier, Long Ecommerce Ventures, Ventures

☆ HyperJar, a British fintech that offers digital wallets to users, just raised $24 million in funding with this 15-slide pitch deck
▼ + stars: | 2023-09-14 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +1 min

HyperJar, a fintech startup that offers digital wallets and B2B spending tech, has raised $24 million in funding. Founded in 2016, HyperJar is best known for its digital wallets and spending tech via its app, where users can track their finances, put money into savings pots, and earn rewards. "For the first time, we can really proactively market and grow our B2C offering which is HyperJar but also we have a very successful platform which can be made much more successful," Rob Rooney, HyperJar CEO, told Insider in an interview. "The critical part is building out that and our operating system which is an enterprise version for B2B purposes." The startup's funding comes from Susquehanna Private Equity Investments and the Healthcare of Ontario Pension Plan.

Persons: HyperJar, Rob Rooney, Rooney Organizations: North America, Susquehanna Private Equity Investments, Healthcare, Ontario Locations: Europe, North

☆ Treasury management startup Fipto just raised $16 million in a round led by Serena Williams-backed Serena Ventures with this 13-slide pitch deck
▼ + stars: | 2023-09-14 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +1 min

French treasury management startup Fipto has raised $16 million in a seed round led by Serena Williams' venture capital fund. Paris-based Fipto uses blockchain technology to help speed up payments in both fiat and digital currencies for businesses. Treasury management is about managing and planning for an organization's financial needs, often by putting available cash to work elsewhere but international payments can often take time to settle - adding complexity to the role. Founded in 2022, Fipto's seed funding round was led by Serena Ventures and Motier Ventures. The company started raising funding late year and closed the round in April with Fipto benefitting from increased investor interest in the treasury management sector, Mollard added.

Persons: Serena Williams, Patrick Mollard, Mollard, Fipto Organizations: Treasury, Serena Ventures, Motier Ventures Locations: Paris, Europe

☆ Emata, a startup offering loans to farmers in East Africa, just raised $2.4 million with this 14-slide pitch deck
▼ + stars: | 2023-09-14 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Emata, a Ugandan startup that provides loans to farmers in East Africa, has raised $2.4 million in funding. It's also fundamentally unfair as farmers need capital to grow but a lot of money goes to people with connections, not the best farmers." Kampala-based Emata wants to be tech first in its offering and uses WhatsApp as a loan origination platform, given its popularity in a region where cell data is at a premium. The company claims it grew 7x in 2022 and could point to strong metrics when dealing with investors having already dispersed over $1 million in loans. Funding will go towards expanding the company's tech offering and looking into new verticals.

Persons: Bram van den Bosch, It's, Klarna, Niklas Adalberth's Norrsken, Draper Richards, Marcus Boström, van den Bosch, Emata Organizations: African Renaissance Partners, Zephyr Acorn, Draper Richards Kaplan Foundation Locations: Ugandan, East Africa, Uganda, Kampala

☆ Swan, a French embedded-finance startup, just raised $39.2 million using this 15-slide pitch deck
▼ + stars: | 2023-09-13 | by ( Callum Burroughs | ) www.businessinsider.com time to read: 1 min

Paris-based Swan has raised $39.2 million in Series B funding from Lakestar. Founded in 2019, the company offers banking-as-a-service and embedded finance products via an API. The startup will use its new funding to expand into new European markets. Swan, a banking-as-a-service fintech startup, has raised $39.2 million in new funding, which it plans to invest into its expansion into new European markets. Paris-based Swan provides a banking-as-a-service (BaaS) and embedded finance platform allowing companies to offer banking services to their customers.

Persons: Swan Organizations: Carrefour Locations: Paris, Lakestar

☆ Open Cosmos, a UK space tech startup that launches satellites for data collection, raised $50 million using this 13-slide pitch deck
▼ + stars: | 2023-09-11 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Open Cosmos, a UK space tech startup, has raised $50 million in fresh funding. Founded in 2015, Open Cosmos had only raised $7 million previously. Open Cosmos, a UK space tech startup that designs and launches satellites for data collection, has raised $50 million. Open Cosmos then shares this information to provide users with "actionable data" around the energy transition and natural resource monitoring. "We're quite an unusual space company, yes we do satellites but it's also about the data," Open Cosmos founder and CEO Rafel Jorda Siquier told Insider.

Persons: Rafel Jorda Siquier, We've, OpenCosmos, Wise, Taavet Hinrikus, Kheng Nam Lee, Siquier Organizations: Cosmos, Partners, Accenture Ventures, Banco Santander InnoEnergy Climate Tech Fund, Wille Finance, Claret Capital Partners, GGV Capital Locations: Harwell , United Kingdom, South America

MONTEREY, Calif. (AP) — By the time Scott Dixon turned his season around, it was too late to beat teammate Alex Palou for the IndyCar championship. Palou became the first driver in nearly 20 years to clinch the IndyCar title before the season finale with his victory last weekend in Portland. Palou won his second title in three years with last week's win, his fifth of the season. “It's a credit to the team, they've been executing like that all season,” Dixon said. We won.”Ganassi became the first team owner to win the championship and top rookie honors in the same season.

Persons: Scott Dixon, Alex Palou, “ It’s, ”, Dixon, Palou, Chip Ganassi, ” Dixon, Alex, ” Dixon's, AJ Foyt's, Scott McLaughlin, Will, Callum Ilott, Christian Lundgaard, Rahal Letterman Lanigan, Alexander Rossi, Arrow McLaren, Marcus Armstrong, Pato O'Ward, McLaren, Ryan Hunter, Reay, Ed Carpenter Racing, they've, ” Ganassi, Armstrong, Colton Herta, Helio Castroneves, Bryan, Herta, he'd, Josef Newgarden Organizations: IndyCar, Laguna Seca, Team Penske, Will Power, Juncos Hollinger Racing, Ganassi, Laguna, Andretti Global, Chevrolet, Indianapolis, Honda, Palou Locations: MONTEREY, Calif, California, Portland, New Zealand, Laguna Seca

☆ Back to the Office? Buy Yourself a Gift for Being Present
▼ + stars: | 2023-09-07 | by ( Callum Borchers | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/lifestyle/workplace/back-to-office-workers-tips-motivation-803ec48

Persons: Dow Jones

☆ Treat Yourself: One Way People Are Finding Back-to-the-Office Motivation
▼ + stars: | 2023-09-07 | by ( Callum Borchers | ) www.wsj.com time to read: 1 min

Persons: Dow Jones

☆ Norwegian AI startup Strise helps banks tackle financial crime. It just raised a $10.8 million Series A round with this 8-slide pitch deck.
▼ + stars: | 2023-09-06 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Norwegian AI startup Strise has raised $10.8 million in Series A funding. Strise will use the funding to expand its operations to the UK, where it plans to open an office. Strise, an AI startup that helps businesses deal with anti-money laundering (AML) and compliance issues, has raised $10.8 million in funding. Strise's Series A funding round was led by Atomico, with participation from existing investors including Maki.vc plus angels like Camilla Giesecke, COO at Klarna, and Riya Grover, CEO at Sequence. Check out Strise's Series A pitch deck below:

Persons: Orrick, It's, Marit Rødevand, Rødevand, Atomico, Camilla Giesecke, Riya Grover Locations: Oslo, Norwegian

☆ Big startups are a bust so prestige investors are fighting for deals into tiny European companies
▼ + stars: | 2023-09-05 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +4 min

Funding to European startups across the board dropped by almost 60% to $23 billion in the first six months of 2023, according to Crunchbase data. ElevenLabs, a London-based artificial intelligence startup founded by Google and Palantir alumni, pulled in $18 million at a $100 million valuation a year after it was founded. Mistral, another European startup set up by ex-Facebook and DeepMind staffers, raised $113 million a month after it was founded. AI has been of particular interest to investors with similar hype surrounding a deal for London-based text-to-voice startup ElevenLabs. Industry stakeholders believe that teams springing from already successful companies to set up their own startups will be very attractive with some predicting startups founded between 2022 and 2024 primed to be very in demand in the future.

Persons: Andreessen Horowitz, David Schreiber, Duco van, Pivot, Marc, Antoine Lacroix, Romain Libeau, Sifted, Filip Dames, Dames Organizations: Google, Mistral, Facebook, Ventures, Cocoa, Club, Cherry Ventures, Sequoia, Industry Locations: Europe, London, Paris, Berlin

☆ Belgian Origi joins Forest on loan from Milan
▼ + stars: | 2023-09-02 | by ( ) www.reuters.com time to read: +1 min

Sept 1 (Reuters) - Belgian international Divock Origi has joined Nottingham Forest on a season-long loan from AC Milan, the Premier League side announced on Friday. "Divock returns to the Premier League to further add strength to our squad. Origi joined Milan on loan from Liverpool last summer after making 36 appearances in all competitions, including eight in the Champions League. During his eight-year spell he won an FA Cup, League Cup and Premier League title with Jurgen Klopp's side, as well as scoring in semi-finals and final of Liverpool's 2019 UEFA Champions League-winning campaign. Forest visit Chelsea in the Premier League on Saturday.

Persons: Divock Origi, Origi, Andrew Omobamidele, Ibrahim Sangare, Callum Hudson, Odysseas Vlachodimos, Nicolas Dominguez, Nuno Tavares, Divock, Ross Wilson, Jurgen Klopp's, Angelica Medina, Gerry Doyle Organizations: Divock, Nottingham Forest, AC Milan, Premier League, Forest's, Milan, Liverpool, Champions League, Merseyside, League Cup, UEFA, League, Chelsea, Thomson Locations: Belgian, England, Argentine, Portuguese, Belgium, Mexico City

☆ Forest sign Greece keeper Vlachodimos from Benfica
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +1 min

Sept 1 (Reuters) - Nottingham Forest have signed Greece goalkeeper Odysseas Vlachodimos from Benfica, the Premier League club said on Friday as their busy transfer deadline day continued. The 29-year-old, who was ever-present last season as Benfica won the Portuguese title, has signed a four-year deal. He will bring a wealth of experience to the City Ground having played 225 times for Benfica in all competitions. The German-born keeper kept 21 clean sheets in 34 league appearances last season. Earlier on Friday, Forest signed winger Callum Hudson-Odoi from Chelsea on a three-year deal and also sealed the signing of Bologna captain Nicolas Dominguez on a five-year deal.

Persons: Odysseas Vlachodimos, Ross Wilson, Forest, Callum Hudson, Nicolas Dominguez, Martyn Herman, Ken Ferris Organizations: Nottingham Forest, Benfica, Premier League, Bologna, Thomson Locations: Nottingham, Greece, Chelsea

☆ Embedded finance, FinOps, and treasury management are grabbing VC attention right now despite a collapse in fintech funding, investors say
▼ + stars: | 2023-08-29 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +6 min

Global VC fintech funding has been cut in half to $23 billion so far this year, per S&P data. Fintech startups focused on solving business issues have remained somewhat resilient. Globally venture capital funding to fintech companies dropped 49% year-on-year to $23 billion in the first half of 2023, according to S&P data. Within that, investment in consumer-facing fintech startups, such as banking and trading apps, has endured an even more torrid year, sliding by 73.8% to $1.9 billion in Q2. Insider spoke to four fintech investors who identified the areas within B2B fintech that are capturing their attention right now.

Persons: Khalil Hefaf, fintech, Hefaf, Uber, Banks, Alix Brunet, Europe's, Weavr, Griffin cofounders Allen Rohner, David Jarvis Griffin, Dan Chaplin, Kaushik Subramanian, Payrails cofounders Emre Talay, Orkhan Abudullayev, Nicolas Thouzeau Payrails, Chaplin Organizations: Target, Mass Mutual Ventures, Griffin, Dawn Capital, Treasury, Payrails, EQT Ventures, London, UBS Locations: Europe, digitize, London, Germany, Payrails

Aug 18 (Reuters) - Estee Lauder (EL.N) forecast annual sales and profit below estimates on Friday, indicating a slower-than-expected rebound in its travel retail business, mainly in Asia, and waning demand in the United States, sending its shares down about 3%. Analysts note that the drop in consumer demand in China and a slow recovery in Asia travel retail - sales made at airports or travel destinations like Korea and China's Hainan - could impact luxury companies like Estee, which makes about 30% of its annual revenue from the Asia Pacific region. "De-stocking and inventory levels in Asian Travel Retail… likely to remain the biggest headwind to growth over the next few quarters," said Bernstein analyst Callum Elliott. Estee expects full-year sales to rise between 5% and 7%, compared with an estimated 8.8% increase, according to Refinitiv data. It sees annual adjusted profit to be between $3.50 and $3.75 per share, compared with an expectation of $4.83.

Persons: Estee Lauder, It's, Tracey Travis, Lauder, Shannon Stapleton, Bernstein, Callum Elliott, Estee, Granth Vanaik, Ananya Mariam Rajesh, Pooja Desai Organizations: Reuters, Nordstrom, REUTERS, L'Oreal, U.S ., Asia Pacific, Thomson Locations: Asia, United States, China, Korea, Hainan, Asia Pacific, New York, U.S, Americas, Mainland China, Bengaluru

☆ Marqo, a startup using AI and machine learning to improve search, just raised $5.2 million with this 14-slide pitch deck
▼ + stars: | 2023-08-16 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Vector search startup Marqo has raised $5.2 million in seed funding from Blackbird Ventures. "There's a huge opportunity to improve search," Tom Hamer, Marqo's cofounder and CEO said. Marqo, a startup that helps e-commerce businesses and marketplaces improve their search functionality, has raised $5.2 million. Its vector search uses machine learning (ML) and AI to capture the meaning and context of data such as text and images, transforming it into a numeric representation that can then be queried by users through an API. While vector search models have been around for a while, improved AI technology has made the sector more accessible.

Persons: Tom Hamer, Marqo's, Marqo, Hamer, Cohere's, Ivan Zhang, Aidan Gomez Organizations: Blackbird Ventures, Amazon, Fund Locations: London, Melbourne, Canadian

☆ Sequoia-backed insurance tech startup SureIn just raised $4.4 million in seed funding with this 13-slide pitch deck
▼ + stars: | 2023-08-15 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

German insurance tech startup SureIn just raised $4.4 million in a seed funding round. We got an exclusive look at the 13-slide pitch deck it used to raise the fresh funds. German insurance tech startup SureIn has raised $4.4 million in fresh funds. The wider insurance tech market has been difficult for the past year with VC funding to the sector falling dramatically to 2018 levels so far this year. Check out the 13-slide pitch deck SureIn used the raise the fresh funds below:

Persons: I've, Daniel Dierkes, Dierkes, Robin Capital Organizations: Robin Locations: Sequoia's, Berlin

☆ Arsenal, Newcastle up and running, but reality bites for Luton
▼ + stars: | 2023-08-12 | by ( Martyn Herman | ) www.reuters.com time to read: +4 min

But Forest grabbed a goal back in the 83rd minute through Taiwo Awoniyi and pressed for an unlikely point. ANXIOUS FINISH"Welcome to the Premier League!" Arsenal manager Mikel Arteta said of the anxious finish. "Running the clock down, in this league, that's a very dangerous thing to do but overall I'm very happy." Sheffield United's defeat by Palace completed a poor opening weekend for the promoted clubs after Burnley's loss on Friday.

Persons: Eddie Nketiah, Martin Odegaard, William Saliba, Gabriel Martinelli, David Klein, James ', Eddie Howe's, Sandro Tonali, Moussa Diaby, Alexander Isak, Callum Wilson, Harvey Barnes, Declan Rice, Kai Havertz, Saka, Mikel Arteta, Solly, Joao Pedro, Carlton Morris, Simon Adingra, Evan Ferguson, Bobby De Cordova, Reid, Andreas Pereira, Michael Keane, Stuart Attwell, James Tarkowski, Bernd Leno, Sean Dyche, West Ham, Dominic Solanke, Jarrod Bowen, Andoni Iraola, Odsonne Edouard, Martyn Herman, Pritha Sarkar Organizations: Soccer Football, Premier League, Arsenal, Nottingham Forest, Emirates, REUTERS, Newcastle, Villa, Forest Everton, Fulham, Luton Town's, Hove Albion, Champions Manchester City, Burnley, St, Newcastle United, Aston Villa, Everton, Crystal, Sheffield United . West Ham United, Bournemouth, Gunners, Timber, Football League, Brighton, Luton, Goodison, BBC, Sheffield, Thomson Locations: London, Britain, Brighton, West

☆ When You’re the Boss, but Your Employees Make More Money
▼ + stars: | 2023-08-10 | by ( Callum Borchers | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/higher-salary-workers-boss-manager-157cb4f4

Persons: Dow Jones, 157cb4f4

☆ How $7.75 billion Hopin went from pandemic darling to selling off its flagship business for $50 million and handing back some investor cash
▼ + stars: | 2023-08-10 | by ( Callum Burroughs | Tasmin Lockwood | Michael Cogley | ) www.businessinsider.com time to read: +10 min

Virtual-events startup Hopin was a pandemic winner when it hit a $7.8 billion valuation in 2021. Now its CEO is stepping down, it's selling off parts of its business, and is set to hand back investor cash. But as vaccinations arrived and the travel restrictions eased, demand for Hopin's platform waned. "The pandemic was an extraordinary time to be investing," one London-based tech investor who had not backed Hopin said. Armed with more than $1 billion in investor cash, Boufarhat opted to make acquisitions.

Persons: Johnny Boufarhat, Boufarhat, Andreessen Horowitz, Catalyst, Slack, Hopin, Johnny ", Hopin Boufarhat, outsized, Streamyard, Badri Rajasekar, Klarna Organizations: Tiger, UPS, RingCentral, University of Manchester, Financial Times, Venture, Founders, Microsoft, Private Locations: London, Australia, Lebanese, US, Dubai, Papua New Guinea, Switzerland, Hopin

☆ Deepset, an AI startup that helps companies build apps with LLMs, just raised $30 million with this 12-slide pitch deck
▼ + stars: | 2023-08-09 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Deepset, a German AI startup that offers LLM developer tools, has raised $30 million. The company wants to expand its Haystack product and grow its presence in the US. German AI startup Deepset has raised $30 million in a round led by Revolut investor Balderton Capital. Deepset's capital raise comes as AI startups account for a higher proportion of venture capital dealmaking. AI startups raised $25 billion in the opening half of the year against a backdrop of falling VC investment, Crunchbase data shows.

Persons: Milos Rusic, Rusic Organizations: Balderton Capital, Airbus, Siemens, Balderton, GV, Harpoon Ventures Locations: London, Berlin

☆ Dropoff in venture capital funding triggers uptick in pre-emptive deals with investors desperate to back the hottest startups
▼ + stars: | 2023-08-02 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +3 min

Venture capital funding was cut in half in the first six months of 2023, according to Crunchbase. The dropoff has triggered an uptick in pre-empted deals, where investors back the most exciting startups. Payrails, Cello, and ElevenLabs are among the startups to close pre-emptive deals this year. Venture capital funding to startups has continued to collapse in 2023. The slowdown has led to something of an uptick in pre-empted funding rounds, where investors come forward with deal terms to exciting early-stage businesses before they even begin fundraising.

Persons: VCs, Tom Mendoza Organizations: Venture, Crunchbase, Energy, EQT Ventures Locations: London, Berlin

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