Hot today, cold tomorrow

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Hello reader,

Today’s thoughtful tidbits contain a couple of pieces – on Impossible Foods and Oyo – that reminded me about the importance of reflection and adaptability – what may be white-hot today might turn ice-cold tomorrow.

In a sense, I feel lucky that I’ve worked in startups my whole life; the whole concept of flexibility has been ingrained in me by now. Couple that with a belief in never getting too high or too low emotionally – for work matters, at least – and I think I can bring a measure of balance to any situation.

But maybe you feel it’s better to dive headfirst into any emotion you’re experiencing? Let me know what you think.

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 and M&As that recently took place.

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The biggest deals by country

🇮🇳 Based in India, quick commerce firm Zepto has closed a US$340 million series G round from General Catalyst and Mars Growth Capital. With this, the company’s valuation shot up to $5 billion.

🇨🇳 Facishare Technology, a Chinese SaaS startup that helps local CRM vendors, has received US$75 million in strategic funding from Eastern Bell Capital, Qiming Venture Partners, and Xiamen C&D Emerging Industry Equity Investment.

🇸🇬 Syfe, a Singapore-based digital wealth management firm, has closed a US$27 million series C funding round. The investors were Unbound and Valar Ventures.

🇦🇺 Proto Axiom is an Australian biomedical technology incubator. It banked a little over US$13 million from a series B round led by unnamed investors.

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M&As

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Startups that are raising funds

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Behind the Glasswall

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Break the code and shape the future

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Exclusive listicles

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Thoughtful tidbits