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Matrix is rebranding its India and China affiliates, becoming the latest venture firm to distance its international franchises. The U.S.-headquartered venture capital firm will retain its name, while Matrix Partners India will rebrand to Z47 and Matrix Partners China will rename itself MPC. Matrix began operating the India affiliated fund in 2006 and the China […]
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The corporate venture arm of automaker Stellantis has invested about one-third of its 300 million euro ($324M) fund into 10 startups that cover everything from battery technology and holographic augmented reality to sustainable manufacturing and even e-bikes. Stellantis Ventures said Wednesday it also invested in an unnamed venture capital firm’s mobility fund. Stellantis didn’t disclose […]
Stellantis has invested about one-third of its 300M euro fund into 10 startups by Kirsten Korosec originally published on TechCrunch
The Indian insurance platform InsuranceDekho has raised $150 million in a Series A funding round as the more than a decade old firm eyes merger and acquisition opportunities at a time when the market slump has engulfed most startups in the South Asian nation. Goldman Sachs Asset Management and TVS Capital co-led the 13-year-old startup’s […]
India’s InsuranceDekho raises $150 million despite market slump by Manish Singh originally published on TechCrunch
Why are seed deals still so expensive?
The global venture capital market has contracted steadily over the past year, but seed valuations have not, avoiding the massive cuts to round size and median valuations that later startup investment stages have s…