Browsing: backs

Peak XV Partners just doubled down on early-stage investing, raising its Surge program’s seed investment ceiling to $5 million while unveiling an 18-startup cohort targeting global markets. The move comes as Series A funding becomes increasingly competitive, forcing accelerators to provide bigger checks to help startups bridge the gap to institutional rounds.

On September 24, ChinaVenture learned that Shanghai Langxi Technology Co., Ltd. (hereinafter referred to as “Langxi Technology”) has completed a nearly 200 million yuan Pre-A+ round of financing, with participation from GL Ventures, Zhiwei Capital, SenseTime Guoxiang Capital, Jiayi Venture Capital, Feitu Venture Capital and Zhongqi Capital, and old shareholder Oriental Fortune Capital continued to…

Add preferred source The European Central Bank (ECB) on the 23rd voiced support for the EU’s proposed bloc-wide common corporate law framework known as “EU Inc.” The ECB estimates that if the share of large companies in the EU matched U.S. levels, roughly one-third of the labor productivity gap with the United States—currently around 20%—could…