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Executive assistants, high salaries, and other ways early-stage founders will trigger a seed VC | TechCrunch

TechCrunchTechCrunch · 8m ago
Executive assistants, high salaries, and other ways early-stage founders will trigger a seed VC | TechCrunch
Medial

Jenny Fielding, co-founder of Everywhere Ventures and former Techstars managing director, sparked a conversation about the appropriateness of early-stage founders having executive assistants (EAs) to help them schedule. Some suggested using AI executive assistants, while others defended the need for human assistance. Fielding's point was that founders should focus on building a product rather than excessive spending. Seed investors, like Fielding, believe founders should spend their cash as they see fit, but early-stage VCs will still evaluate their cash management when it's time to raise the next round. Fielding also mentioned that certain titles and high salaries at early-stage startups can raise red flags for VCs.

Indian space tech startups secured $126 million funding in 2023, up 7% from 2022: report

Economic TimesEconomic Times · 1y ago
Indian space tech startups secured $126 million funding in 2023, up 7% from 2022: report
Medial

India's space technology sector has seen a significant increase in funding, reaching $126 million in 2023, up 7% from the previous year. This marks a substantial growth of 235% since 2021. The sector is driven by government support and notable innovations. The country currently has over 100 space tech startups, with the majority founded in the last five years. Funding mainly occurs in the early stages, with early-stage rounds accounting for $120 million of the total funding. However, the ecosystem for late-stage funding in Indian space tech startups is still developing. Skyroot Aerospace, Pixxel, and Agnikul are the top-funded startups in this field. Bengaluru leads as the city with the highest funding and the most space tech startups. Notably, there have been no significant acquisitions or emergence of unicorns in the sector as of 2024.

Kerala-based startups witness 40% surge in seed-stage funding in 2023: Report

LivemintLivemint · 1y ago
Kerala-based startups witness 40% surge in seed-stage funding in 2023: Report
Medial

According to the Tracxn Geo Annual Report, Kerala-based startups experienced a significant increase in seed-stage funding in 2023. Investments in this stage reached $26.2 million, representing a 40% surge compared to 2022. The most active investors in seed-stage rounds were Avaana Capital Advisors, 9Unicorns, and Huddle. However, early-stage funding witnessed a drop of 32%, totaling $7 million in 2023. Food & Agriculture Tech startups saw a remarkable funding increase of 266%, while the ed-tech sector faced a decline. Kochi emerged as the leader in funding, followed by Alappuzha and Thiruvananthapuram. The Kerala startup ecosystem ranks 11th in India with $354 million in total funding.

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