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Hello reader,
Part of my daily routine includes playing Framed, a daily movie-guessing game, over breakfast or lunch.
Over six turns, the game shows different still images from a movie, giving players six attempts at guessing which movie those scenes are from. I often have to zoom way in on actors’ faces or on any words in the scene for a clue that will lead me to the right answer.
It reminds me of another game: the one investors play every day. When evaluating a potential investment, VCs can often only see one “frame” in a startup’s story and have to discern how the movie might end based on that.
Their guesses aren’t always right – after all, they only have so many clues to work with – but when it pays off, it makes for a whole lot of fun. It makes me wonder how the stories of the startups in the following section will play out.
Image credit: Timmy Loen
You can find all the 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.
— Nathaniel
The biggest deals by country
🇮🇳 Ather Energy: The India-based electric scooter maker bagged US$128 million in series E money from Hero MotoCorp and National Investment and Infrastructure Fund of India.
🇸🇬 Neso Brands: The direct-to-consumer eyewear brand subsidiary of Lenskart, a Singapore-based omnichannel eyewear retailer, raised US$100 million in seed funding from Alpha Wave Global, KKR, SoftBank Corporation, and Temasek Holdings.
M&As
Startups that are raising funds
Killer pitch decks
Podcast
Exclusive listicles
Thoughtful reads
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