Peak XV ramps up dealmaking following Sequoia split

August 18, 2023
Peak XV Partners has signed over 10 term sheets and executed three exits in the 10 weeks since it announced a split with Sequoia, according to minutes shared by an attendee to a closed-door gathering between the venture firm and its portfolio founders Friday. The accelerated dealmaking comes at a time when a funding winter […]

For climate tech startups, the IRA is starting to pay off

August 18, 2023
The Inflation Reduction Act, signed into law by President Joe Biden in August 2022, has allocated $400 billion in federal dollars for clean energy projects as the United States aims for up to a 40% reduction in economy-wide greenhouse gas emissions by 2030. And even startups are beginning to benefit.  Private investment into climate tech […]

The Download: open source’s future, and cancer drugs shortages

August 18, 2023
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. The future of open source is still very much in flux When Xerox donated a new laser printer to MIT in 1980, the company couldn’t have known that the machine would ignite a…

Why generalist investors will always win

August 18, 2023
How can a generalist compete with a specialist when it comes to customer introductions, or tactical advice? We can’t, but we don’t need to.

Netflix inks deal with Reliance’s Jio to expand India presence

August 18, 2023
Netflix has inked a “first-of-its-kind” deal with Jio Platforms, India’s largest telecom operator, to bundle the streaming service with the carrier’s two pay-as-you-go plans as the American giant pushes to expand its subscriber base in the key Asian market. A Netflix mobile-only plan will come bundled with Jio’s 1,099 Indian rupees (or $13.2) plan, whereas […]

A chemo drug storage shows the vulnerability of the healthcare supply chains

August 18, 2023
This article first appeared in The Checkup, MIT Technology Review’s weekly biotech newsletter. To receive it in your inbox every Thursday, and read articles like this first, sign up here. If you’ve been following health headlines in recent months, you may have heard that many prescription drugs are in short supply. Yesterday, the New York Times…