Nandan Nilekani is stepping down as a general partner at Fundamentum Partnership, the venture capital firm he co-founded. He will remain an anchor investor and advisor for the firm's third fund, which aims to raise $200 million.
Indian battery-tech and energy transition startups are collectively seeking $65 million in funding, signaling a potential sector revival. Despite cautious investor sentiment, companies like Emo Energy and Baaz Bikes are in talks, as VCs shift focus to EV infrastructure and energy storage.
Several Indian battery-tech and energy transition startups are seeking to raise approximately $65 million, indicating a potential sector revival. Investors are shifting focus from pure EV bets to EV infrastructure and energy storage due to rising fuel costs and electrification push.
Venture firm Gigascale, led by ex-Meta CTO Mike Schroepfer, has raised a $250 million fund to invest in climate tech startups focused on energy, grid infrastructure, and critical minerals, bucking a trend of waning interest in the sector.
Legal tech companies like Clio, Harvey, and Legora are experiencing rapid revenue growth by integrating Large Language Models (LLMs) into their services, automating tasks like document review and drafting, despite challenges in supplier-competitor dynamics.
Climate tech startups like X-energy and Fervo are finding success in public markets, driven by surging electricity demand from AI data centers. While energy-focused firms thrive, the sector faces a 'K-shaped' divergence where non-energy climate tech struggles for capital.
