The Road Ahead
Theme of the Week
Climate tech was one of the bright spots in VC in 2023 and the tailwinds appear to be continuing into 2024. Our friends at Headline highlight the exciting intersection of climate and fintech as an emerging investment frontier. Thanks to the Inflation Reduction Act, a surge of innovation is underway, aimed at creating advanced solutions for carbon monitoring, reporting and reduction. The transition towards renewable energy could open new opportunities in energy pricing, lending, and infrastructure.
i80 Portfolio News
Spain’s ID Finance secures €139.5M debt financing to expand its financial wellness app Plazo (Silicon Canals)
A huge congratulations to the entire Teamshares team on their inclusion to the Fintech innovation 50 by GGV Capital!
Market Insights
Easy Money (Howards Marks Memo)
What is happening with startup valuations? (Peter Walker – LinkedIn)
VC Insights
The puritans of venture capital (Kyle Harrison – Substack)
2024 fintech predictions (QED Investors)
Headline lookahead: fintech (Headline)
Lending is a thing, get used to it (Rex Salisbury – LinkedIn)
VC Fundraises
London VC Plural closes $400M+ 2nd fund (Pitchbook)
Notable Capital Raises
General Catalyst leads $200M investment into Bilt Rewards, doubling its valuation to $3.1B (TechCrunch)