INSUBCONTINENT EXCLUSIVE:
Want it in your inbox every Friday? Sign up here.This week brought us mixed messages
A fresh IPO filing, but a bleak outlook for exits overall
New funding rounds, but founders frustrated over lack of capital
And in the midst of it all, some VCs are still finding ways to create liquidity and raising funding for more bullish times.Most interesting
startup stories from the weekImage Credits:David Paul Morris/Bloomberg / Getty ImagesIn a week of contrasts, startups exhibited both
its confidential paperwork for an IPO, ignoring the fears that made both Klarna and StubHub pause their IPO plans this month following the
founders expressed frustration at the widening gap between funding raised by British startups and their Silicon Valley peers
founder Otis Chandler, shut down due to disappointing growth.Suspended: BluSmart, an Indian Uber rival using EVs, apparently suspended
service a day after the Securities and Exchange Board of India launched an investigation into Gensol Engineering, which shares its
the fact that he and his lawyer are now in the UAE, A Technology NewsRoom learned
seeking to buy Windsurf for $3 billion
The startup was previously known as Codeium, whose popular AI coding assistant competes with Cursor and the like.Most interesting VC and
better days ahead, with increased valuations and bigger funds that may no longer be the exception.Growing: Marshmallow, a British insurance
startup, raised $90 million in equity and debt at a valuation slightly above $2 billion
Focusing on customers left out by traditional insurers, it boasts a million drivers insured and a profitable annual revenue run rate of $500
The valuation is above $500 million, according to sources.New chapter: Chapter, a Medicare advisory startup co-founded by former United
States Republican presidential candidate Vivek Ramaswamy, raised a $75 million funding round at a $1.5 billion valuation.Phantom limbs:
Austin, Texas-based Phantom Neuro raised $19 million to fund the next stage of development of its product, a subdermal wristband-like device
completed the raise of its third growth fund
gone from bearish to bullish again.Last but not leastImage Credits:Industry VenturesVCs need liquidity, and they often know how to find it
even when there are no IPOs in sight
In the latest episode of StrictlyVC Download, Industry Ventures CEO Hans Swildens broke down the way in which firms are navigating this
