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Hello reader,
I’m the kind of writer who can be a bit of a nerd about their work. Left to my own devices, I tend to obsess over word choices, turns of phrase, and all of that minutiae.
This means that, when I first joined the working world, I’d usually focus my energies on the wrong things. I eventually learned that since selling drives this field, simplicity sometimes wins over sophistication.
One of this week’s Thoughtful Tidbits touches on that. Most startup founders fixate on their product or the tech behind it, not realizing that selling an innovation is just as important as developing it.
Hopefully, you can pick up some lessons from that article and the other Tidbits.
Image credit: Timmy Loen
You can find all other important investment deals that happened in the last few days in our weekly funding news wrap-up.
Let’s dive into the biggest deals that recently took place.
The biggest deals by country
🇨🇳 Neolix, an autonomous vehicle company headquartered in Beijing, has scored US$137 million in its extended series C round. Participating investors included CICC Capital, a unit of China International Capital Corp.
🇮🇱 Dream, an AI-based security firm based in Israel, has raised US$100 million in a series B round led by Bain Capital Ventures. The other investors were Group 11, Tru Arrow Partners, Tau Capital, and Aleph.
🇮🇳 India-based B2B ecommerce firm Udaan has locked up US$75 million in funding from existing investors Lightspeed Venture Partners and M&G Prudential.
Startups that are raising funds
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