Browsing: Inspired

Brazil’s online gaming shutdown was the main reason Q3 EBITDA missed consensus, prompting Inspired to lower the bottom end of its full-year guidance to $109 million. If the shutdown persists, management expects the company’s growth trajectory to be delayed by about a year.

Inspired Capital has closed a $450 million Fund IV, bringing the New York venture firm’s total committed capital to more than $1.3 billion. The fund will continue Inspired’s strategy of leading pre-seed, seed, and Series A investments in technology-driven companies across sectors including AI infrastructure, healthcare, defense, fintech, robotics, and consumer technology.

Inspired Capital, the early-stage firm founded in 2019 by Alexa von Tobel and Penny Pritzker, has closed its fourth fund with $450 million in commitments. The new capital will bring the firm’s assets under management to nearly $1.4 billion, von Tobel tells TechCrunch.

MUMBAI: Korean beauty is having another glow-up, this time with an Indian address. At-home salon and wellness platform Yes Madam has expanded its Sokora Korean-inspired skin and hair care range across direct-to-consumer and e-commerce channels, taking products that were earlier used through its professional services directly into consumers’ homes.